We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Home buyer company

Hi,

I'm looking to make a quick sale on my home and decided to look into these companies that say they buy your property for X% of the value no mater the condition or location.

Example:
sell-quick.co.uk

nationalhomebuyers.co.uk

For me in my position, these deals seem awfully to good to be true.

Now my question is are their any big catches? Large fees involved or do they under cut the market price by thousand percent or something? These sorts of companies obviously want to make money somewhere.

Although I really just need to sell, I don't want to cut my throat neither.

Can anyone advice or had experience with such companies?

Thanks
Sam

Comments

  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We get tonnes of these threads daily/weekly. They'll offer you around 60-75%+ of what your property's worth. Just reduce the price with an EA.

    Jx
    2024 wins: *must start comping again!*
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Look back through the threads or use Search. As was said, there's a new thread on this every few days.

    Main minus points that I've gathered -

    They offer low, then when you're ready to complete, they reduce offer even further.

    They take upfront non-refundable fees

    etc etc
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.