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Do you charge for valuations and are
there any fees, charges or hidden costs?
No.
Do you need to arrange to inspect the property internally?
No. We are prepared to inspect the property externally and
make a formal offer subject to an internal inspection. On occasion, where the
situation is justified, we can purchase without an internal inspection, such as
where the property may have tenant problems.
How long does the offer take?
Once we have spoken
via phone and confirmed the property details, we will carry out the appraisal
in-house and are usually able to come back to you with a formal offer within 24
to 48 hours. Usually we are able to give you an indication as to what our offer
is likely to be during our initial phone discussion.
How much will you offer me?
We believe in being
honest and upfront. The discount we typically apply is approximately 20% off the
current market value of your property. This can be less or more depending on the
location, value, condition and whether the property is tenanted or not. We can
also offer near to the market value if you are willing hold financing for at
least 10 years, which we will pay you interest on.
What do you do with the property once you have bought it?
Each property is
appraised and treated on an individual basis. Some properties are retained for
our investment portfolio; others are renovated for resale, or simply resold in
their current condition.
Do I need to move out straight away?
No. We can offer
one of our flexible stay as tenant schemes for days, weeks, years or even life!
Do I need a Solicitor?
Yes. If you do not
have a solicitor we can recommend one. We will even pay your agreed legal costs.
Where do you buy properties?
Nationwide.
Will anybody know about the sale?
No. All discussions
are in the strictest confidence. We will not erect a "sold" or "acquired" board
while you are still living at the property.
If repossession proceedings have been issued, can these be stopped?
Yes. In most
instances the lawyers will speak to the mortgagees and arrange for any loans to
be repaid and proceedings halted.
Do you purchase all types of properties?
Yes. We purchase
all types of properties, including commercial, land, farms, and those with
sitting tenants, in any condition, vacant or rented. Even those with planning,
legal, tenant or structural problems.
Do you have some examples of purchases you have completed or case studies?
Yes, please see our Examples
page.
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Frequently
Asked Questions
