There are numerous benefits when using a house buying company instead of a traditional estate agent.
People will often overlook companies that buy houses for cash because they think they will get less money for their property. The reality is, a property sale through an estate agent will return you approximately the same amount of cash after fees and payments, over an extremely longer time time period. Here is an approximate breakdown of the costs,
Estate Agents 9 Months |
PropertyBuyer.co.uk 2 Weeks |
|
Market value (Asking Price) | £200,000 | £200,000 |
Average agreed purchase price | £190,000 | £168,000 |
Agreed price post-survey | £186,000 | £168,000 |
Estate agent fees (2.4% + VAT) | £5,357 | £0 |
Solicitor fees (£1000 + VAT = £1200) | £1,380 | £0 |
Mortgage payments (£738 x 9 months) | £6,651 | £0 |
Council tax and utility bills (£375 x 9 months) | £3,375 | £0 |
Property repairs / removals / clearance / clean | £1,250 | £0 |
Final sale price: | £167,987 | £168,000 |
Just fill out the form and see if your property qualifies for a free cash offer today.