Here's What to Do If You Want an Instant House Sale

instant house sale

Selling your house need not be a stressful or time-consuming experience. If you need to move quickly — either to release some capital or relocate — there are ways to get moving fast. 

How Long Does It Take To Sell a House in the UK?

There is no simple answer to this question, as the time it takes to sell a property varies significantly between geographical areas and different types of property. Research by the online property portal Zoopla in April 2021 found that properties in Wigan sold almost 27% faster (26 days) on average than those in Gateshead (34 days). And overall, three-bedroom semi-detached houses and homes priced between £150,000 and £200,000 were outselling all other types of properties.

Once an offer has been accepted, it takes an average of two and a half months to complete on a property in the UK. However, if you’re in a property chain, this can be as long as six months — if you’re lucky.

Suffice to say, taking the traditional route — engaging the services of an estate agent, waiting for the perfect buyer to appear and crossing your fingers for a swift, problem-free sale — will not provide an “instant” property sale.

How Can I Secure an Instant House Sale?

There are plenty of ways to speed up the house selling process, which you can learn about in our blog. But there are fewer options if you need an instant sale. 

1. Sell to a Cash Home Buying Company

The quickest route is to sell to a cash home buying company. It’s the only way to guarantee a sale that’s turned around in a matter of weeks.

At House Buyer Bureau, we’ve made the sale process quick and simple. Take two minutes to complete a short form and wait for one of our friendly team to call with a cash offer. If you’re keen to continue, we will arrange a survey of your home and start the legal work to exchange contracts. All cash offers are backed by our Price Promise, which means that our formal offer won’t change unless something unexpected appears in the survey, and even then, we’ll give you £1,000, even if you withdraw from the sale. We are a genuine cash buyer and have the funds to complete the sale in as little as seven days. There is no fee for our service; we make our income from buying your home at a slight discount. And there are no valuation, estate agent or legal fees to pay (if you use one of our recommended solicitors). You’ll have access to the cash you need fast! See an example of what we pay compared to a traditional sale here. Looks pretty great, right?

Download our guide on “Top Tips for Choosing a Quick Sale Company You Can Trust”

2. Auction Your Property

When someone commits to buying a property at auction, the exchange of contracts takes place the same day, and the buyer has 28 days to complete the sale. At a modern auction — one that takes place online — the buyer pays a deposit on the day of auction and must exchange and complete within 56 days.

This isn’t as fast as using a quick house sale company, and there is no guarantee of a sale, but if you get lucky, it’s certainly quicker than putting a property on the market and hoping for the best. You can set a “guide price”, which is how much you feel the property is worth, along with a “reserve price”— the minimum you’ll accept for a sale.

3. Part Exchange (PX) Your Property to Buy a New Home

If the reason you need an instant sale is to fund the purchase of a new-build property, part-exchange will allow you to sell your current property and buy your dream home in one transaction.

Many new build developers offer PX, whereby they accept your home as part payment for one of their properties. The property developer buys your house and deducts its value from the sale price of the new house. The amount the developer is willing to pay for your house is based on two independent valuations, and it may be less than the market value. However, if the home you are buying is worth at least 30% more than the one you’re selling, it’s a good deal for the developer, and they should offer a fair price. There are no estate agents fees to pay, and the process should allow you to purchase your new home instantly.

Of course, this is only an option for those looking to make a quick house sale to buy a new build.

Final Thoughts

There are other options for speeding up the sale of your property, such as reducing the asking price, agreeing to an assisted house sale or renovating the property to make it more attractive to buyers. But the above avenues offer the only chance you’ll have to sell anything like “instantly”.

House Buyer Bureau is the UK’s favourite quick house sale company. We have the funds to buy your house in as little as seven days, and we pride ourselves on delivering a transparent service that is quick and straightforward to access.

If you need to sell your house fast, read what our customers say about us and contact us to get your free, no-obligation cash offer

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