Cash House Buyers

The Property Buying Company charges no fees whatsoever. No valuation fees, No selling fees, No listing fees, No agent fees. We have made selling simple.

We give you a free cash offer with a slightly lower market value, however, you do get a much faster sale in 7 days or in a timeframe that suits you.

Which means no hassle and a guaranteed sale. We cover all fees, including legal costs, making it a straightforward and cost-effective way to sell your property.

At The Property Buying Company, it is even possible to exchange on a property in 24 hours, which we have actually accomplished under urgent circumstances.

On average, a sale can take between 7-28 days. Remember, it is in our best interest for you to sell your house quickly. On the open market through an estate agent, it can take an average of 6 months, leading to unnecessary estate agent fees and added stress.

We purchase a wide range of properties, including flats, houses, and bungalows. Whether they are leasehold or freehold, in need of extensive repairs or brand new, we are interested. We consider properties in any location, even those with issues like damp or flood damage. Our goal is to provide a solution for all property types.

Typically, our offer will be slightly under the retail market value, but you gain the advantage of a fast, hassle-free sale. No valuation fees, no selling fees, no listing fees, no agent fees.

We have made selling simple. We give you a free cash offer with a slightly lower market value. If you need a faster sale, you will benefit, as going through an estate agent is a risk.

An average house on the open market can take 6 months, and the estate agent fees might cost you a substantial amount.

We refer to ourselves as a cash buyer because we have the funds readily available, allowing us to proceed immediately.

We eliminate the delays associated with waiting for a mortgage company to approve a loan, ensuring a swift and seamless transaction.

Sometimes on listing, or particularly when dealing with investment or property sourcing companies, you may see the term “cash buyer only”. It means that the seller of that particular property will only accept offers from people who are in a position to proceed quickly, buying immediately with available money.

If a prospective buyer requires a mortgage, loan funding or the money is tied up somewhere like another property, then they won’t be accepted.

The reason for this is typical that the owner of the property needs, or wants, to sell the property as quickly as possible. Mortgages and loans take time and add a significant step in the process of purchasing a home.

It’s worth noting that proof of funds is often required by the seller, in order to agree – which later in this article we touch on how do I show proof of funds when buying with cash.

Buying a house with cash is a much faster process than you may expect, and it actually doesn’t change the whole process of purchasing a house all that much. You’re essentially just removing a big segment of the process, which is the cutting out of the mortgage lender. The process in that respect works a little bit like this:

1. Having your offer accepted on a property
2. Instruct your solicitor
3. Instruct and pay for surveys
4. Your solicitor will then do the searches, queries and any necessary checks.
5. Exchange contracts and pay the deposit
Complete and finalise

Because you can cut out the mortgage aspect, you can run through this process relatively quickly and easily – the longest aspect of it is likely to be the solicitors.

It’s an interesting question because when you are buying a home in a typical fashion you’re required to get searches on the property, and some lenders will require you to have some form of survey done as well.

But, as a cash buyer is it necessary? After all, it’s your money that you're risking. The genuine answer is no, but we would highly, highly recommend that you do so. The searches cost a few hundred pounds, which may sound like a lot, but in the scheme of things they are 100% worth doing.

These searches are done and instructed through your solicitor.

Being a cash buyer for a house has many advantages. First and foremost, it allows you to make a quick and competitive offer, which can be very attractive to sellers who are looking to close the deal as soon as possible. Additionally, being a cash buyer means that you don't have to worry about mortgage payments, interest rates, or any of the other costs associated with financing a home purchase. This can save you a lot of money in the long run and give you more financial flexibility. So if you have the means to be a cash buyer for a house, you should definitely consider it!

While it's not a legal requirement to have a solicitor when buying a house for cash, it's highly recommended to hire one to ensure that the transaction is handled properly and that all legal requirements are met.

As a cash buyer we provide our own solicitor, and in some cases. Having a solicitor on your side can provide peace of mind, as they will help you navigate the legal and financial aspects of the purchase, conduct property searches, review contracts and documentation, and ensure that the transfer of ownership is completed smoothly.

Cash buyers have their own funds! To sellers, a cash buyer is an attractive option – but whether or not it’s better to buy with cash, it really depends.

There are of course some great benefits from the buyer's position, with the main one being it puts you in a really strong position when it comes to negotiating for the property due to the speed at which you can purchase. There are also additional benefits such as the purchase being less likely to follow through because there’s no mortgage, the chain isn’t as complex and there’s great security for the buyer.

On the flip side, however, if you’re an investor then it can mean tying up a lot of your money in a single property and potentially hampering your profit potential by not going with a buy to let mortgage option.

Take The Property Buying Company, for example, we’re what is considered a cash buyer, and due to our position and speed in which we can purchase, we offer below market value. On the flip side, we do cover all the legal fees, and you won’t have to pay estate agency costs – not to mention the considerable amount the seller saves by cutting the duration of sale from months to just 7 days!

The obvious benefits to the seller are that you can sell quickly, which allows you to avoid a usually stressful, tedious and drawn-out process. This can be beneficial in certain circumstances like if the seller has inherited a property, going through a divorce, at risk of repossession, any situation that would be advantageous to sell your largest asset quickly.

It can also depend on the type of property, there are certain properties, such as ones that need renovation, which is particularly alluring for cash buyers. As well as all that, if you’re a seller that has constantly been let down by your property chain, you may opt for a cash buyer as it offers a less complicated and more simplistic process which is important with the likes of Coronavirus and Brexit having an effect on the lender's decisions.

This is a popular question, and of course, selling to a cash buyer is safe, they go through the same legal checks as anyone else – including an Anti-Money Laundering check, or AML, which will make sure that the cash funds come from a legitimate source.

We think that the question might revolve more around cash house buying companies, sellers wondering whether they are legitimate and safe as an alternative way to selling your property. We can assure you it is, for the most part, you need to choose a company that is trusted – and there are a few ways of doing this. The main way is to check if the company is part of The Property Ombudsman, and The National Association of Property Buyers, as this offers a place for redress as a customer, but secondly and just as important, you should check the companies reviews to get honest opinions.