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Company called "British Homebuyers"

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2

Comments

  • sheff6107
    sheff6107 Posts: 451 Forumite
    Presumably they do buy plenty of houses because they are still in business and can afford cheesy TV ads.

    If you ignore their first offer and assume the cash you'd get at the end would be a lot less than 95%, do your sums with that.
  • LEJC
    LEJC Posts: 9,618 Forumite
    I have reported the above post as it gives no indication that they have sought the permission of the forum team to promote themselves........
    frugal October...£41.82 of £40 food shopping spend for the 2 of us!

    2017 toiletries challenge 179 out 145 in ...£18.64 spend
  • mrginge
    mrginge Posts: 4,843 Forumite
    Yeah thanks.

    Spam.
    Reported.
  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    edited 25 October 2017 at 11:47AM
    There was no confusion.


    1: Morally many people disagree with your business model
    2: You don't have permission to post
  • LEJC
    LEJC Posts: 9,618 Forumite
    Again I have reported the poster......

    comms...perhaps you could delete some of the quoted post as once the reported post is removed...your post will still be there.....TY.
    frugal October...£41.82 of £40 food shopping spend for the 2 of us!

    2017 toiletries challenge 179 out 145 in ...£18.64 spend
  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    LEJC wrote: »
    Again I have reported the poster......

    comms...perhaps you could delete some of the quoted post as once the reported post is removed...your post will still be there.....TY.
    Done :) - Mostly quoted for reference
  • If they bought your house for 95% of its market value then how could they make any profit from that transaction? It would make no sense for them to do it, so it can't possibly be true.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    So "their offer" of 95% requires somebody to actually view it, want to buy it, place an offer...?

    The £1m question... Why didn't those investors view it and place an offer when it was for sale with an EA?
  • I actually used these guys last year. They didn't buy it themselves but found me a buyer pretty swiftly.

    Nice enough people too, can't remember the guys name, but he kept me in the loop and seemed a decent chap
  • eddddy
    eddddy Posts: 18,000 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    TomPucci85 wrote: »
    I actually used these guys last year. They didn't buy it themselves but found me a buyer pretty swiftly.

    OK - it would be good to know more...


    Did they do anything that a regular estate agent wouldn't do?

    Had your property already been listed with a regular EA at the same asking price - or did NHB persuade you to reduce the asking price?

    If you'd reduced the asking price by the same amount with a regular EA - do you think it would have sold anyway?

    How much did NHB charge you? Did they 'hide' their charges by doing a 'back-to-back' contract, or by charging the buyer, or something similar?
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