| Q. |
Do you buy all types of property? |
| A. |
Yes we buy all traditional residential and commercial properties throughout England Scotland and Wales. We also buy tenanted properties and land with or without planning permission. |
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| Q. |
How much will it cost me? |
| A. |
We do not charge any fees. You will not pay any Agents Fees, Valuation Fees or Legal Fees whether you use our solicitors or your own. |
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| Q. |
Do I have to have a HIPS? |
| A. |
Part of the terms of HIPS, is that any private sale WILL NOT require a HIPS or Home Information Pack. Your sale to us is a private sale, so selling to us means we do not require Home Information Pack, nor do you need to provide HIPS. |
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| Q. |
How long does the process take? |
| A, |
This depends entirely on your requirements. We are fully flexible, we can exchange contracts within 24h if necessary and complete at a time to suit you. And don’t forget about our Sell and Rent Scheme which is available to all sellers who wish to remain in their homes after the sale. |
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| Q. |
How much will you offer for my property? |
| A. |
Typically we will offer you between 80-85% of the open market value of your property. To obtain a genuine open market value on your property we are using independent, fully qualified RICS Chartered Surveyors. |
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Below is a brief example of the figures involved when selling through an estate agent |
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| Asking price of |
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£160,000 |
| Typically you will receive an offer at 7% below asking price |
-£11,200 |
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| Estate agency fees are typically 2% of purchase price +VAT |
-£3,496 |
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| Your solicitor fees with VAT |
-£750 |
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| The process can often take six months during which you are still making mortgage repayments. Assuming the outstanding mortgage is £100,000 and the rate of interest is 6% this represents further costs of |
-£3,000 |
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| Home Information Pack |
-£500 |
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Taking all these costs into account at the end of the sale you will actually receive
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£141,054 |
| £141,054 represents 88% of the original market price |
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If you were to sell to Quick Buy there would be NO estate agency fees, NO legal fees, NO Home Information Pack fees to pay and as we offer a quick completion we can save you months on your interest repayments.
In addition, if you are looking to sell a property and buy a new one not only do you achieve the savings outlined above but by selling to Quick Buy you effectively become a cash buyer yourself and that means that you are in a position to negotiate a higher discount level on the purchase of your new property as you can move quickly. |
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| Q. |
I have a problem. My property is in poor condition and requires total modernisation. Can you still help me? |
| A. |
Yes! House sales can be arranged for properties which require modernisation and refurbishment. |
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| Q. |
Do I need a Solicitor? |
| A. |
Yes, but remember we will pay the fees. |
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| Q. |
Do you buy properties with tenants? |
| A. |
Yes. We already have a large portfolio of tenanted properties throughout the UK and are keen to add more. |
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| Q. |
Why do you refer to yourself as a cash buyer? |
| A. |
Because we have the funds - and we're ready to proceed right away. We don't need to delay the process by waiting for a mortgage company to approve the loan. |
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| Q. |
Can I recommend a Friend? |
| A. |
Yes, and we will pay 1.5% Finders Fee of the purchase price to you. |