Property Cash Buyers: Reviews, services, fees & more
How good are Property Cash Buyers?
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Property Cash Buyers, like us, are cash house buyers who operate in the UK. They claim to have been around since the Financial Crisis of 2008, but are located in Singapore.
On this page, we will cover all there is to Property Cash Buyers and more.
Who are Property Cash Buyers?
Property Cash Buyers are a cash house buying company that has been around since 2008 and was set up by Daniel Joseph Morgan.
They will help you sell your property to their own database of property investors.
They also claim to be a UK-wide cash house buyer who ‘help over 10,000 homeowners every year get cash offers’.
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The process of selling your house with Property Cash Buyers is as follows:
- Free valuation
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Get a free property valuation by completing their ten-step form.
- Review packages
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You will need to review their three service packages and decide which is best for you.
- RICS surveyor
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After choosing the service package, Property Cash Buyers will organise a RICS surveyor to value the property with no cost to you.
- Offer acceptance
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Once the property has been inspected, they will confirm or reject the original valuation and adapt it to suit the real price of the property. Property Cash Buyer will then guarantee their offer.
- Conveyancing
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If you choose to accept the offer, the solicitors can start to begin the property transaction. Again, Property Cash Buyers will cover this for you.
- Completion
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Exchange and completion are as normal, all within a timeframe that suits you.
Where are Property Cash Buyers based?
Property Cash Buyers are listed as Morzuo Limited on Company House and are based in Swansea, Wales. However, all other details relating to their location seem to indicate that they are based in Singapore.
Their contact details are as follows:
Address: 80 Robinson Road #02-00, Singapore, 068898
Telephone: 0800 020 9561 / 0330 111 3459
Website: www.propertycashbuyers.com
What services do Property Cash Buyers offer?
They offer three different services; a quick cash sale, an assisted property sale, or a lease option sale.
Their Quick Cash Sale package allows you to get a 7-28 day instant cash offer below market value and property sale.
The assisted property sale package allows you to sell your property closer to market value, but at a much slower rate of 2 or 3 months. With this package, you will need to sign an option agreement and then they will sell your property to a network of investors.
They claim that using the assisted property sale package, you can get an instant guide price, higher sale price all while paying no fees.
The Lease option sale package guarantees a cash offer, while allowing you to receive 110% of your market value offer. This option to sell helps people who are in negative equity to sell their homes for more, as they create a tenancy agreement between the homeowner and themselves for around 2 to 10 years.
Property Cash Buyers reviews & Trustpilot
Property Cash Buyers TrustPilot review: 1.3 stars out of 5, 75 reviews.
*As of 27/11/2023
42% of Property Cash Buyers reviews on TrustPilot are 1 star, with 52% being 3 stars or below. Their TrustPilot seems to be very inactive, with their most recent review was from July 2022, and then June 2020.
Some of the reviews even claim that this company is based and registered in Singapore, and send your private data out to private buyers who will send you unsolicited phone calls all while pretending to be a buyer but in fact are just a middle man for other investors.
What are the pros and cons of Property Cash Buyers?
| Pros | Cons |
|---|---|
| Offer three packages depending on your situation. | They may lie about how many customers they deal with every year. |
| Can buy houses in as little as 7 days. | They sell your house to a database of investors, and don’t buy cash with their own funds. |
| They have a property valuation tool in ‘beta mode.’ | The user experience on their website is poor. |
| They do not charge hidden fees and will cover the costs of valuations & solicitors. | Some reviews point out that their website doesn’t function properly and their process seems a little shady. |
Because Property Cash Buyers do not have the funds to purchase themselves, they use a database of investors to booster their house selling options. This can help you shop around and find the best possible deal for your home.
However, due to Property Cash Buyers reviews having less than two stars on TrustPilot, and being labelled as ‘Bad’, we are unsure as to whether the service they describe matches up to the real customer experience.
How do Property Cash Buyers compare to property buying companies?
| Property Buying Companies | TrustPilot |
|---|---|
| The Property Buying Company | 4.7 stars out of 1,942 reviews |
| GoodMove | 4.8 stars out of 740 reviews |
| Property Solvers | 4.7 stars out of 57 reviews |
| We Buy Any House | 4.4 stars out of 369 reviews |
| Property Cash Buyers | Property Cash Buyers |
*As of 27/11/2023
GoodMove
GoodMove are Leeds based cash house buyers who claim they can sell your house in two weeks on average, allowing you to sell your house on a timescale that suits your situation.
GoodMove are members of the National Association of Property Buyers and The Property Ombudsman, and are RICs regulated.
Property Solvers
Property Solvers have been operating for over 18 years and are a fully regulated, genuine cash house buyer. They can purchase your house in between 14 and 28 days, and operate a cash house sale and auction system.
They are also members of The Property Ombudsman and the National Association of Property Buyers.
We Buy Any House
We Buy Any House are cash house buyers who can allegedly get you a cash offer in 60 minutes and purchase your home in as little as 3 days. They are members of the Property Redress Scheme.
How do we compare to Property Cash Buyers?
One of the issues with Property Cash Buyers is that they are not a genuine property cash buying company, as they do not have their own cash reserves and instead rely on investors.
The Property Buying Company (us), however, is a genuine cash buying company who has its own cash reserves to purchase properties across the country. We are members of the National Association of Property Buyers and The Property Ombudsman, which means that we always put our customers first.
We have helped thousands of homeowners sell their house in a timescale that suits them over the years, and have thousands of reviews to support us. We are the most rated cash buyer in the UK after all!
Even if we don’t buy your house directly, we will then lean onto our investor database to find a deal that suits you, and ensure that you are kept satisfied with the customer service. We will be with you at every stage of the house selling process and will even cover all the fees associated with selling your house.
Want to find out more about our ‘we buy your house for cash’ services? Don’t hesitate to contact one of our team.
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