Open Property Group claim to be a professional house-buying company and landlord. From their website, it appears that they buy properties and then either sell them on or keep them as buy-to-let investments.
Open Property Group claim to be genuine cash buyers. They say they can buy a wide range of different properties, including rental properties with sitting tenants.
From their website, it appears Open Property Group’s quick sale process is similar to other property-buying companies.
Step 1: Open Property Group say you will receive an instant cash offer for your property at the point of enquiry.
Step 2: If you’re happy with the instant cash offer, you can either schedule a property visit or send Open Property Group a video walkthrough or photographs of your property.
Step 3: You can then choose your move-out date.
Step 4: Completion.
Their website suggests Open Property Group can pay up to 85% of market value for a quick sale.
Open Property Group Reviews Trustpilot
Open Property Group Trustpilot review score: Open Property Group have a Trustpilot score of 4.7/5, based on 120 customer reviews. This gives them an overall score of ‘excellent’.
Generally, customers seem to be fairly happy with their experience with Open Property group, but there were a few that did raise areas of concern. A small number of reviews claim that Open Property Group changed their mind and pulled out of the sale. Others mention concerns about Open Property Group’s lack of communication, claiming that the company suddenly went quiet and were difficult to get hold of after accepting their offer.
Open Property Group Reviews Google
Open Property Group Google review score: Open Property Group score 4.1/5 on Google, based on 29 customer reviews.
Positive customer reviews were complimentary about the advice and customer service they received from Open Property Group. They also praised Open Property Group’s ability to purchase properties with sitting tenants. Less glowing reviews highlighted poor communication from the company and offers being reduced during the process.
Quick Move Now | Open Property Group | |
---|---|---|
Established since | 1998 | Unclear. Their website suggests 2014, but Companies House says Open Property Group was incorporated in 2016. |
Annual turnover | £20.3 million | The group of companies Open Property Group is part of have an annual turnover of £9.4 million, but it’s unclear how much of that is related to their property-buying service. |
Are they a member of any professional associations or redress schemes? | Yes, Quick Move Now are members of The Property Ombudsman (TPO) and the National Association of Property Buyers (NAPB) | Yes, Open Property Group are members of The Property Ombudsman (TPO) and the National Association of Property Buyers (NAPB). |
Is the company registration number available on the website? | Yes | No |
Customer reviews suggest that Open Property Group is a genuine property-buying company. As Open Property Group is part of a larger group of companies, it was difficult for us to find turnover relating to their property-buying service, but group turnover suggests the group of companies would have the finances available to purchase properties directly.
Not having their company registration number clearly displayed on the website does make it difficult for homeowners to do their due diligence. If you search for ‘Open Property Group’ on Companies House, their record says that the company is ‘active’, but they have filed accounts for ‘a dormant company’. With a little further investigation, it appears the Open Property Group brand is now operating through a different company: ‘Open Property Finance’. This lack of transparency makes it more challenging to be certain you’re dealing with a legitimate company.
Open Property Group have high customer review scores on both Trustpilot and Google, so they’re obviously doing something right. Because we’re only able to see accounts for their group of companies and not specifically for the property-buying company, it’s impossible to say how many properties they buy. They don’t have a huge number of customer reviews, which would suggest they’re not buying a large number of properties. Their website claims more than 1,500 properties have been bought and sold by their directors, but it’s unclear whether that’s as part of Open Property Group. Even if it is, that would mean they’re buying an average of 6 properties each month. That’s not a big number considering they cover the whole of England and Wales.
Quick Move Now can buy your property in as little as 7 days.
We buy every property directly with our own cash funds. This means we’re able to provide a speed and certainty that cannot be matched by any other method of sale.Quick Move Now will be able to make you an indicative offer within a few hours and aim to get a formal offer out to you within 48 hours of property appraisal.
Quick Move Now carry out a full in-depth market appraisal. This will include valuations by independent local estate agents and a thorough assessment of the local property market. We are always honest and transparent about how we reach our figures and the evidence provided during the local estate agent valuation.
You can expect any genuine cash buying company to pay 80-85% of market value.
Quick Move Now do not work to set discounts as we assess each property on it’s individual merit, but we will always make you the best offer we can.
As a business, it is impossible for Quick Move Now to pay full market value for your property. This will be the same for any genuine cash home-buying company. Our discount covers several business expenses, including:
Our formal offers are based on local independent estate agent valuations.
As founding members of the National Association of Property Buyers (NAPB), honesty and transparency are integral to our business. Quick Move Now are also monitored by The Property Ombudsman and always follow their Code of Practice for Residential Property Buying Companies.
Quick Move Now do not carry out a property survey until our offer has been accepted (as with any open market sale).
All our formal offers are subject to survey. A serious structural issue found at the point of survey would be the only circumstance in which we would ever reduce our formal offer, but this is very unlikely and happens very rarely.
Because Quick Move Now never ties you into using our services, if we are forced to reduce our offer you will be free to walk away without any cost or obligation.
There are many companies claiming to be genuine companies who do not have the funds to buy your property directly. These companies will make you an attractive offer to tie you in, ask you to sign a contract, and then reduce their offer. It’s not usual for these companies to end up paying around 50-60% of market value.
Quick Move Now put a lot of time and effort into assessing properties to ensure the offer we make you is fair, but we are always happy to speak to you if you have received a higher offer from another company.
No. Quick Move Now never charge any fees for our property buying service.
Quick Move Now's property buying service includes 4 simple steps:
Quick Move Now only buy directly with our own cash funds. Any company that connects you with investors will be unable to offer any guarantees around price or timescale.
To make the best offer possible, we usually require a local estate agent to visit and complete an appraisal of your property.
This is a short visit and will be arranged at a time to suit you.
The only other property visits required would be the usual property survey and EPC assessment (if you don’t have a valid EPC).
No, the paperwork you will be required to sign is the same to what you'd encounter in a traditional open market sale
Absolutely not! Quick Move Now NEVER ask our customers to sign anything that ties them into using us.
We strongly advise customers to avoid any tie-in contracts or agreements. Companies that use these types of contracts are usually brokers rather than genuine cash buyers. This means they will try to connect you with investors or open market buyers, but will be unable to offer you any certainty around price or timescale. This removes all benefits associated with selling to a genuine cash home buyer, which are the speed and certainty they can offer.
As with any property sale, there will be the usual legal property transfer documents for you to sign, but these will be drawn up by your solicitor, not the company.
The easiest way to assess whether a company is buying properties directly is to check their company accounts on Companies House – the government register of companies.
Lots of companies claim to be able to buy your property directly, but they should have accounts to back this up. If you need help with this, you can check out our ‘quick sale’ company review pages.
Quick Move Now are transparent all the way through the process. Every property we buy is bought directly with our own cash funds and we are always happy to provide proof of funds so you know we have the money available to make good on our promises. We are a founding member of the National Association of Property Buyers (NAPB) and are monitored by The Property Ombudsman.
No, despite Quick Move Now's best efforts the entire property-buying industry remains unregulated. Any company that suggests otherwise should be avoided. We are founding members of the National Association of Property Buyers (NAPB) and are monitored by The Property Ombudsman.
Quick Move Now's formal cash offers are valid for 7 days. If you need longer to think about it, that’s not a problem. We will simply need to do a quick reassessment of the local property market to ensure nothing has changed before we reconfirm the offer to you.
If you accept our formal offer, you will be in complete control of the timescales. You simply tell us which date you’d like the sale to complete, and we’ll do the rest! Quick Move Now can buy in as little as 7 days if required.
When you first contact Quick Move Now, you will speak to one of our friendly, helpful Client Account Managers. They will help to assess whether our service is the right fit for your circumstances.
Once you reach the point of receiving a formal offer from us, you will be passed on to our Purchasing Director, who will then support you all the way through to sale completion.
Read more about our friendly and dedicated purchasing team hereThe money will be transferred on the day your sale completes, which can be as quickly as 7 days after offer acceptance if required.
Quick Move Now can pay a deposit on exchange of contracts to assist with your moving costs, if that’s something you would find helpful.
Yes, you will need to instruct a solicitor to act on your behalf. Quick Move Now can either recommend a reputable solicitor or you may choose your own.
As long as the sale price covers your outstanding mortgage and any loans on the property, this won’t be a problem.
All money is handled through your solicitor, who will ensure the outstanding mortgage and any other secured debts are repaid from the proceeds of the sale. Your solicitor will then transfer the remaining balance to your account.
Quick Move Now can buy all different types of residential properties. From 1-bedroom flats to large detached family homes.
Find out more about what we buy here
Unfortunately, we do not currently buy age-restricted properties.
As long as your property is structurally sound and mortgageable, Quick Move Now can still make you an offer. This means you don’t have to worry about decorating or DIY before you sell.
We currently buy properties in any area of England or Wales. Unfortunately, Quick Move Now do not buy properties in Scotland or Northern Ireland.
Yes, it will. There will be no ‘for sale’ signs or online property listings. The only people who will know about the sale will be those directly involved with it.
Yes, you can. You’ll need to check the terms of your contract with the estate agent, but this is something Quick Move Now can help you with.
Quick Move Now buy directly with our own cash funds, meaning we’re able to step in at the last minute to stop repossessions. As long as your lender is satisfied the mortgage arrears and outstanding debt will be cleared by an agreed date, they can stop the repossession order.
This means you can avoid the usual financial repercussions of having a property repossession on your financial record.
Quick Move Now require properties to be vacant at the point of sale, but we can make an offer while your property is tenanted.
If you want to accept our offer, you will need to ensure your tenant moves out before we exchange contracts.
Yes. Quick Move Now are happy to consider ex-local authority properties.
Some circumstances would prevent Quick Move Now from being able to make an offer, including:
Absolutely. Homeowners use Quick Move Now's home buying service for two distinct benefits: speed and certainty. We can guarantee the sale of your current property, whether you’re looking to move in 2 weeks or 2 months! You choose the date you want the sale to complete and we will work to your timescales.
Once Quick Move Now has bought your property, we will look to re-sell it on the open market. This means we will take on all of the uncertainty around price and timescale that our service enables you to avoid.
Absolutely. Quick Move Now take data protection very seriously. We will only pass your personal details on to parties relevant to your property sale, eg. surveyors and solicitors. You will be kept informed at each step of the process.
Get your cash offer now