Mandich Property Group that offer to buy your home quickly and for cash are unregulated – so it’s important to tread carefully. Rogue traders could cost you tens of thousands of pounds and a lot of stress and heartache.
These ‘we buy houses’ companies or property investors are typically buying your property to ‘flip’ it on the open market. They often pay around 93-97% of your property’s current market value and promise a quick sale. Alternatively, you can sell your house to a traditional estate agent who will be able to get your property to market faster but are likely to charge a commission.
Best Home Buying Companies for a Quick and Easy Sale
If you do choose to use a firm that buys homes for cash, look for the The National Association of Property Buyers (NAPB) logo or check they’re registered with The Property Ombudsman (TPOS). This means they should sign up to the TPOS Code of Practice which says they must treat you fairly. It also states that an offer price cannot be reduced late on without a valid reason, for example a poor survey report.
Other ways to sell your home quickly include a ‘chain-free’ private sale through a Law Society accredited solicitor. Or you can try speeding up the process by using several different estate agents who take their fees on completion rather than upfront. Ideally, before selling your property you should always get a couple of independent estate agent valuations to make sure any offer is fair.