Flexible and Fair
Our cash buyer service offers you amazing flexibility. Whether you need to complete in 7 days because a previous sale has fallen through, or are moving to a newbuild home that will be ready in 8 weeks, we will work to your timescales and have the money in your account when you need it. If your situation or requirements change, we can adjust the property purchase dates to meet your new circumstances. We can even transfer cash funds to you before completion to assist with the upfront costs encountered when moving to a new house.
Because we are a business, and need to make a profit, it is impossible for us to pay full market value for your property. However, our customers choose Quick Move Now because they believe the guaranteed cash house sale we are uniquely placed to offer is a more attractive option than the hassle and uncertainty that comes with selling a property on the open market. A genuine cash house buying company will always pay below market value, in exchange for a no-risk, guaranteed house sale, where you are in complete control of the timescales.
We know that the level of our cash offer is an important part of your decision-making process, which is why we guarantee that our cash offer is made without any cost, obligation, or 'hard sell'. If the offer is not right for you, we completely understand, and you are free to walk away at any point with no cost and no obligation.
At Quick Move Now, we pride ourselves on being flexible with our service and fair about the property prices we pay.
|
Quick Move Now |
Estate Agents |
Brokers, posing as Cash House Buyers (Sadly, this happens all the time!) |
Do they buy houses, regularly, for cash? |
Yes |
No |
No |
Is it flexible, can I pick the timeframe and change it if I need to? |
Yes |
No |
No |
Is it guaranteed? |
Yes |
No |
No |
Are my details safe? I only want to deal directly with the property buyer. |
Yes |
Sometimes |
Sometimes |
Will the price I get be fair and, if my circumstances change, can I walk away without being charged? |
Yes |
Sometimes |
Sometimes |
Discounts Explained
Cash buyers will always need to buy your property at a discount. We can pay up to 85% of full market value for properties, with our current average cash offer being at 82.5%. The discount we apply is not fixed. We assess each property on an individual basis and always offer the most money we can for your house.
Any cash buying company claiming to be able to buy your house at 90% and upwards is not a genuine property buyer, as it is not possible to cover costs at this level. Instead, they are likely to be posing as cash house buyers while acting as a broker or lead generator for an estate agency.
Because the quick house sale industry is not regulated, it can be hard to establish who the genuine cash buying companies are. Currently, we believe there are only 3 cash buying companies in the UK who regularly buy property directly with their own money.
There are significant risks when using a property buying company that does not have its own cash funds. You can read more about the risks of selling to these buying companies here.
As a genuine home buying company, there are many overhead costs we need to take into consideration:
- Every company must pay an additional 3% stamp duty on top of the current rates for each band. Cash buyer property businesses are included in this. For example, on a £230,000 property, we pay £9,000 to the government.
- We cover all legal fees. This includes conveyancing for both parties.
- Business overheads – as a genuine house buying company, Quick Move Now has an office, staff, and advertising costs.
- Resale risk – Once we have purchased your property, we take on the risk of market fluctuation. If prices fall due to the economic or political situation, it is our issue.
- Costs of ownership – All ongoing costs relating to ownership of the property are paid by Quick Move Now, including maintenance, utilities, council tax, estate agent fees to re-sell the property, insurance and bank interest.
- Renovation costs – Quick Move Now will manage and pay for any work that is required on the property.
At the same time our service provides cost-savings for our clients:
- No estate agent fees. This is subject to any existing contract, but in many cases no fee is paid when selling to cash buyers.
- No legal fees. We can cover all your conveyancing fees.
- Avoid further financial outgoings such as mortgage repayments/penalties, council tax and maintenance costs with a quick sale to genuine cash buyers.
- Avoids costs of bridging and stamp duty implications of owning two homes, and save money.
- If the property is tenanted it can be more difficult to sell, but if you ask the tenant to leave before the sale, you could lose money. Genuine cash buyers, like Quick Move Now, can purchase immediately after the property is vacated, to avoid any lost income.
We understand that our cash home buying service will not be right for everyone, but we are here as an option for those looking to achieve a sale on their property without the stress, hassle and uncertainty of the open market. We have helped over 6,000 homeowners achieve their goals, each one deciding that the benefits of our cash house buyer service significantly outweighed the cost of the discounted sale price.