![]() If you want more money and negotiating power, sell with a reliable estate agent. Profit, or the potential for profit, are the downsides. ![]() The benefits of a ‘no-chain’ sale, and cash in your hands within a few weeks, are the main attractions of these businesses. It’s unclear whether you can negotiate with We Buy Any House, but it’s unusual to have much negotiation power with any cash buying company. This is longer than a sale with a reliable estate agent would take, and for much less money. The investor route took five months for the sale to complete. After several months, a revised offer of £240,000 was made - only 60% of the property’s market value.Īnother We Buy Any House customer reported that they received two options for selling a property which was initially valued at £400,000: a direct sale to We Buy Any House for £280,000, or to a qualified investor from their database for £355,000. This can lead some sellers to make only a fraction of what their property was worth.Īccording to one review on Trustpilot, We Buy Any House initially guaranteed the homeseller £375,000 for a property worth £400,000. This is known as gazundering, and it’s a prevalent tactic within the property cash buying industry. Numerous reviews on Trustpilot suggest that We Buy Any House reduce their offers at the last minute prior to the exchange of contracts. It’s uncommon for any cash buying business to purchase properties for 90% of their value. We Buy Any House claims to purchase properties for up to 90% of their value, but you can expect this to be much lower. They can cost hundreds to thousands of pounds. Storage fees vary depending on the size of the container you need, and how long you need it for. If you aren’t ready to move your belongings to your new property, you will need to store them in a storage facility. They can cost anywhere from £900 to £1700. If your house contains a large number of possessions and belongings, you will need to rent a removal van to transfer everything to a safe place. ![]() You will nearly always receive much more for your home by selling with an estate agent, and as a result, have much more autonomy in choosing and paying for your next home. These costs can be extensive, and they are made all the more expensive by selling with a cash buying company. If you are selling your main residence, you will need to purchase a new home. While many cash buying companies charge for paperwork, valuations, and even conveyancing, We Buy Any House takes care of your valuation and legal fees. We buy any house don’t charge any fees or commision. Yes they are really free, but to have your legal fees paid you must instruct a conveyancer that We Buy Any House recommends.Īlthough We Buy Any House prides itself on no hidden fees or costs, there are some expenses you might not have considered. Their instant offers are often markedly lower than those you could receive from a cash buying investor, however, choosing the investor route could see the sale take as long as five months to complete. We Buy Any House claims to be able to purchase your property within as little as three days, but this can take much longer according to their reviews, with some transactions having been completed in 11 weeks or more.Īccording to past reviews, the speed of the transaction depends on whether or not you accept their instant cash offer, or refer to their database of cash buying investors. How long does it take We Buy Any House to buy my house? You could use a solicitor of your own, but this would mean paying the fees yourself. All your legal fees will be paid for, and any costs will be outlined in their quote. Once you have accepted their offer, We Buy Any House will arrange for a solicitor to handle all of the conveyancing work on your behalf. If you are in a rush to sell, the whole process can apparently be completed within 14 days. If you are happy with the offer you have received, the cash buying company will arrange a date for completion that fits your timescale. This can be achieved within 24 hours of initial contact. In receipt of this assessment, We Buy Any House will then make a formal cash offer. The appraisal is usually carried out via video. If you wish to proceed with the process, We Buy Any House will arrange for an independent appraisal of your property. In under 24 hours, We Buy Any House will create a valuation based on both the information you provided, as well as various other data, including the prices of properties recently sold in the area. Regardless of your chosen method of contact, you will be asked a series of questions about your property, including its location, size, and distance from local amenities. ![]() To begin the process of selling with We Buy Any House, you either call them on their 24/7 phone line, or fill out their online form on .uk.
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