Who Are Buy My Home Offers?
Buy My Home Offers are a trading name of Hubbil. They advertise themselves as a broker that can connect homeowners with buyers.
What services do Buy My Home Offers provide?
Buy My Home Offers/Hubbil are a property broker. They say they can connect you with different buyers, including landlords, property investors, property-buying companies and individual buyers. You can use the service for free if you just want to get two offers or pay £12 to get a minimum of four offers.
What is the buying process for Buy My Home Offers?
Buy My Home Offers/Hubbil are honest in saying they do not buy properties.
The service they offer is to connect you with other individuals and companies who may be able to buy your property.
You provide Buy My Home Offers with your address, and they will gather offers from different buyers.
If you choose to accept an offer from one of the buyers they connect you with, an estate agent will be asked to value your property. After this valuation has taken place, you will be made a formal offer. Once you’ve accepted the formal offer, a RICS homebuyer survey will be booked.
Buy My Home Offers do say that the offer on your property can be reduced or withdrawn if either the valuation or survey identify anything that may impact the value of your property.
How much below market value do Buy My Home Offers offer?
It’s unclear how much below market value you can expect offers from Buy My Home Offers to come in.
Buy My Home Offers say their buyers are a mixture of landlords, investors, property-buying companies and individual buyers. We can assume that any buyer through a broker will be paying less than you’d achieve on the open market, but how much less is unclear. Any legitimate property-buying company with the cash funds to buy your property directly would pay between 80% and 85% of market value.
The terms listed on their website state that Buy My Home Offers/Hubbil earn a fee for each lead they pass on to buyers, and another fee if you go on to sell your property to them. Any buyer will consider these fees when deciding how much they want to pay for your property, so although promoted as a fee-free service, the payment Buy My Home Offers receive will be a factor in what level of offers you receive.
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Contact Us
0800 068 3366[email protected]
Quick Move Now Ltd
Unit 9,
Coped Hall Business Park,
Royal Wootton Bassett,
Swindon, SN4 8DP