London is known as the capital of England, a place where the city is alive 24/7 and the housing market is no different where it is always shifting and changing. Selling your house in London can be tricky, especially when you don’t know where to start and are trying to get the best price possible for your property.
There are many ways to sell your house, from selling privately to selling through an estate agent, there is always a house selling method that will suit you. One of these methods is selling your house through a cash house buyer like us!
Cash house buyers can offer the seller a multitude of advantages compared to other selling methods, it provides a quick way to offload your house and move on while also being convenient for any house seller situation.
A cash house buyer in simple terms is a person or business who will offer to buy your house up-front with for cash, this can be through their own funds from their own house sale they have already made or having their own depository. Cash property buyers tend to be the quickest and cheapest method of house sale that is extremely useful for those wanting to move on their property straightaway.
Selling your house to a cash house buyer is useful for a lot of people, especially when they have a particular reason to sell their house fast, this can be because of divorce, needing funds fast or maybe even mortgage issues. Often you will find that cash house buyers are the quickest option for sale and the fastest way to get cash in hand for your property however, most cash buying transactions are around 10-20% lower than the asking price.
A cash buyer in London are buyers that specifically deal with London properties. Buyers that buy specifically in London normally have a better understanding of the value of your home because of their experience in the area and market.
The best step to take when you want to sell your property for cash would be to contact us and discuss a house sale. We offer no estate agent fees and no extra fees cash house sale in just 7 days!
But how does it all work, well below we have tried to simplify the whole process for you so its easy and quick to understand.
As mentioned previously, there are many different ways to sell your house for cash. Each way have their own benefits and negatives that can suit your needs during the house sale.
Below are some of the best ways to sell your home for cash in London:
Selling your home at an auction can be a quick way to gain cash in hand without hassle. Auctions are specifically good for those selling property that is un-mortgaged/un-mortgageable or if the original house sale has fallen through.
The main thing that makes auctions stand out from the rest of the other methods is the money you can obtain from it, auctions don’t have a cap on how much somebody will bid on your house. Since the auction doesn’t have limits on how much you can spend you could get more cash than you actually expected in the sale however this can also work the other way around and someone could get a good deal where it doesn’t benefit you.
Another method would be to go down the private house sale route. This route can get you cash in hand while also escaping the possible estate agent fees that can be a real pain. It takes away the need for an estate agent as a whole, this can be seen as a positive for many as estate agents can come across rather daunting or misleading when in negotiations to try get more money out of you.
A private sale does come with its downsides, often selling privately is a lot more effort to get done, especially when you will have to do all your own marketing of your house, viewings and negotiations that an estate agent would handle for you.
Known as the most stress-free way to sell your property, cash house buyers are usually the best way to sell your house. Normally you will find cash house buyers are companies rather individuals as its easier for companies to have the funds to be able to purchase properties with straight cash.
The main benefit of a cash house buyer is that there is no chain involved, this means they aren’t waiting for funds to come in from another house sale and can pay you up front right away with cash that you want.
Selling your house for cash has its own positives and negatives for every seller, it really depends on what the seller wants as each house sale has different reasons to be sold and the sellers all have different prioritise for how quick they get the money.
Here are some advantages and disadvantages for selling your house for cash in London:
The best positive to take away from a cash house sale is the fact there is no chain involved, chain complications can slow down a house sale process or even make the house sale fall through on short notice which is a pain for everyone. A chain involves the buyer waiting on a house sale to be able to afford your property, this creates a link between your house and theirs. What you don’t know is they might be waiting on someone else to sell their house to be able to buy theirs to then buy your property!
Mortgage issues become a thing of the past when selling for cash, cash house buyers don’t need to obtain a mortgage in order to purchase your property whereas a regular buy would. Many house sales tend to fall through due to the buyer not being able to obtain a mortgage.
The speed of transaction is much quicker than any other selling option, this is down to the tedious mortgage lenders not being in the picture of the sale.
Cash house buyers simply offer less money than a regular buyer, this is because it cuts costs in other ways that a regular house sale doesn’t. The speed of a house sale is the main reason why you would see a discount offer of 10-20% off of your house value when it comes to the sale.
Scams can still happen; scams can happen in any form of house sale however you will find that scams come from last minute hidden costs that make your house sale much more expensive than it needs to be. Hidden fees and last-minute price reductions can sneak up on you and its important to keep a watchful eye on who you are selling too.
London is the capital on England and has the highest population density in the UK, this makes it extremely important for us as a company to have extensive knowledge of the property market in that area. Supported by local insight and our own wealth of knowledge here are some insights for the fastest selling property areas in London:
Speaking about other places in the city, we buy house all across the streets of London, check out our other pages for a more specific area in London where you would like to sell your house for cash:
You can get a quick cash offer for any house in any location with us. We are property buyers which means we make sure our customers are protected at every stage of the buying process.
We always endeavour to build a rapport with our customers and we’ll only ever allocate one agent to a case which means you’ll always have a point of contact that you’ll recognise. This is one of many reasons why we get some amazing reviews online from our customers.
This is one of many reasons why we get some amazing reviews online from our customers.