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House buying agencies

Hello we have been approached by a company offering to buy our house it's valued at £180,000 and they are offering £168,150 plus £1000 towards legal fees subject to a satisfactory surveyors report which they will organise - the company is G & H Property Buyers is this a genuine offer or a scam? Thanks

Comments

  • ValHaller
    ValHaller Posts: 5,212 Forumite
    1,000 Posts Combo Breaker
    As soon as they start asking you for fees, tell them to sling their hook. The big risk is that they drop their offer on contract exchange. You have to be strong to tell them NO
    You might as well ask the Wizard of Oz to give you a big number as pay a Credit Referencing Agency for a so-called 'credit-score'
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    stanton299 wrote: »
    Hello we have been approached by a company offering to buy our house it's valued at £180,000 and they are offering £168,150 plus £1000 towards legal fees subject to a satisfactory surveyors report which they will organise - the company is G & H Property Buyers is this a genuine offer or a scam? Thanks
    Did they value it at 180K or did you?Or someone else?

    Their £168K will drop... at some point.

    They will want an upfront payment..... at somepoint. Before the £168 drops.

    By all means follow this up, provided you are willing to throw away good money.

    Of course, if you are rolling in cash, then it does not matter does it? Are you?
  • LEJC
    LEJC Posts: 9,618 Forumite
    stanton299 wrote: »
    subject to a satisfactory surveyors report which they will organise


    That would be the bit that worried me about the whole thing...if the surveyor is organised by them he is likely to find fault with the house and drop the offer price to you.

    If you wish to sell your house by all means do,but at least do it on your terms rather than theirs.
    frugal October...£41.82 of £40 food shopping spend for the 2 of us!

    2017 toiletries challenge 179 out 145 in ...£18.64 spend
  • robatwork
    robatwork Posts: 7,268 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    To answer your question, you should research the company more. Start here:

    http://www.companiesintheuk.co.uk/ltd/box-mx
  • tim123456789
    tim123456789 Posts: 1,787 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    robatwork wrote: »
    To answer your question, you should research the company more. Start here:

    http://www.companiesintheuk.co.uk/ltd/box-mx

    Not very good at submitting their accounts on time, are they :rotfl:!

    Not that this, on its own, should be a deal breaker
  • Thank you for your comments very helpful if it sounds too good to be true it usually is - I think I will sell using the usual tried and tested route
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