Securing onward purchase against the competition soars as the key motivation for selling quickly

  • 42% of people wishing to sell their house quickly in 2014 did so to secure their onward purchase
  • This is an increase from just 24% during the housing market crash, when the most popular reason was to avoid the delays and uncertainty of the open market
  • The quickest house purchase time requested and completed in 2014 so far has been just four days!

As the largest buyer of residential property in England and Wales, Quick Move Now speaks to over 20,000 home sellers a year and is perfectly placed to monitor changes in the property market. In the past six months, in southern and middle England at least, we have seen prices, and to a lesser extent transaction levels, rising.

The outstanding trend though, has been an increase in urgency. Once buyers have found a house they like, the competition is so fierce, that for them to be in with a chance of securing it, they can’t waste any time in providing an offer and they also need to show that they’re proceedable and can complete within a short time.

Quick Move Now’s market analyst, Donna Houguez, explains;

It may seem obvious that most people need to sell a property to buy another, however, we have seen a trend within a trend. In previous years, homeowners contacted us to secure a quick sale because the open market offered such uncertainty and lengthy timescales. Now, we are finding that a lack of supply is causing sharp competition for individual properties.

Quick Move Now Company Information:

Quick Move Now is the UKs original and largest quick sale company, buying houses for cash in the timescale desired by the seller – from as little as seven days to as long as they need.

Established in 1998, Quick Move Now has purchased over 5,000 properties and has an annual turnover of £65 million.

The only company in the quick house sale industry with the funding available to guarantee offers and timescales, Quick Move Now offers a reliable service that is friendly, honest and transparent – treating customers fairly and supporting them every step of the way.

As one of the forefront and most trusted companies in the property industry, Quick Move Now provides data and advice to organisations such as the Bank of England, HM Government, Office for Fair Trading and the Property Ombudsman.

This content was written by Quick Move Now
Published on 25th July 2014
Last updated on 19th April 2017

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