FAQs

How House Buyer Bureau works

We understand that selling your property can be stressful, especially if you need to sell your house fast and discreetly.

You might have questions about why a quick house sale to House Buyer Bureau is a better option for you than selling on the open market. Or maybe you want to know more about how selling to us works?

Below, we’ve compiled the questions that our friendly customer service team and house cash buyers receive daily. If your question isn’t listed below, please don’t hesitate to get in touch.

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How Does Selling to House Buyer Bureau Work?

Selling your house fast with House Buyer Bureau is designed to be as hassle-free as possible.

In three simple steps, you can sell your house, regardless of its condition. The entire process can be completed in as little as seven days or any timescale that suits you.

First, we’ll give you a free, no-obligation cash offer based on where your property is and some other details, such as its condition and how many bedrooms it has. If you’re happy to proceed, we’ll give you a free house valuation and make a formal offer. Then, if you’re happy to sell your house, we’ll draw up the paperwork and take care of all the formalities before signing on the dotted line and transferring cash to your bank account.

Will Someone from Your Company Visit My House? Can I Really Sell from My Sofa?

We have been buying properties in the UK since 2010. We’ve honed our processes to make it as easy as possible for you to sell your house — even remotely. All we’ll need are some photos and perhaps videos of the property you wish to sell.

This means you really can sell from your sofa — all you need to do, is pick up the phone. Sometimes, we may need to arrange to have your property inspected to check its condition – but if we do, we’ll make sure we do it quickly and at a time that is convenient to you.

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How quickly can you make me an offer?

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Call us or complete our short online form, and we’ll get back to you within 24-hours with an initial offer. We only need a few pieces of information about your property to calculate an offer. Unlike many quick house sale companies, we won’t make a high offer and chip away at it as the sale progresses. We will only ever change our offer if the survey flags significant issues we didn’t know about before.

How much will you pay for my house?

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We are open about the fact that we buy below market value. How much below market value we pay will depend on the location of your property and the price bracket it falls into. We generally require a discount of 15% to 20% on the market value, or between £15,000 and £20,000 if the house value is less than £100,000. It’s a discount most of our customers are happy to accept for the convenience of selling quickly and discreetly. When you eliminate the costs of selling on the open market, such as legal fees, estate agency fees, bills and mortgage payments, our customers are often surprised that the final price is not much less than what they’d get after waiting at least six months to sell traditionally — and all with a lot less stress. Find out more about what we pay.

How do I know you won’t undervalue my house?

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It’s a fair question. It makes no sense for us to undervalue your property as we know you are far less likely to accept our offer. We want to make an offer that works for you and for us. When valuing a property our expert underwriters use hundreds of bits of information about properties like yours that are for sale or sold recently (using sites like Rightmove, Zoopla and other property data sites) AND we talk to local estate agents for their views AND we get an independent RICS survey which includes the surveyors view on value. We’re happy to share this information with you so you can see that we’re not undervaluing. Find out more about our free property valuation service.

Will you take into account any improvements and renovations I’ve made?

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Yes! The reason we ask if you’ve made any improvements, such as installing a new kitchen or adding an extension, is that these factors can affect the value of your property, and the only way we know about these things is because you tell us and share pictures of your property.

Another company has offered me 90%; why can’t you match this?

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No genuine property buying company will offer you 90%. If you have received such an offer, check the fine print to make sure that you’re not being tied into a contract. Some companies will reduce the offer later in the process, knowing that you are contractually bound to continue with the sale. Others will significantly undervalue your property to make the offer percentage look higher. In either case, you’re likely to lose out. As most cash house buyers work similarly, we understand the costs involved in buying and selling property. It isn’t viable to cover the costs of the process and make a profit when buying at a discount of only 10%. If you have received an offer from another company, contact us to get a second offer for comparison. We’re confident that we will provide you with the best combination of price and service. Find out more about what we pay and check out our short guide on the red flags to look out for when choosing a cash house buying company.

Why is your valuation different to the prices I see on Rightmove or Zoopla or from what other estate agents tell me?

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There are several different types of valuation tools in the market, and they all do different things. All models rely on comparing your property or postcode with similar properties to estimate value. Sometimes, they also give you a “confidence” score telling you how accurate the valuation is likely to be. This is because the valuation isn’t specific to your property, which means it can be anything from deadly accurate to tens of thousand pounds wrong (in either direction!). Added to this, if an estate agent is valuing the property, they tend to overvalue to win an instruction (only to suggest a few weeks later that you should reduce the asking price). Our valuation will be specific to your property, based on a combination of the available market data, the property-specific information you give us and the feedback from the independent survey. And it will be more than a valuation – it is a firm offer to buy the property quickly and for cash now, rather than an estimate of what it might sell for at some point in the future.

Do I have to decide whether to accept your offer right away?

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If you contact us for an initial cash offer, this will be valid for 14 days. After this time, you are welcome to come back to us and request a new offer. Requesting an initial cash offer does not oblige you to make any further commitment. As with a traditional sale, you can change your mind at any time before contracts are exchanged. If you choose not to accept our offer, we won’t badger you with sales emails, but we might check in from time to time to see if we can be of any help (if you permit us to do so).

How quickly can I sell my house?

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We can complete your sale in as little as seven days or whatever time scale suits you. With House Buyer Bureau, you call the shots. If you accept our initial offer, we’ll arrange for a survey to be conducted on your property and take care of all the paperwork. Some house buying companies are not genuine cash buyers at all — they will need to obtain financing to buy your house, or they may pass your details onto a third-party buyer, which often results in delays. House Buyer Bureau is a genuine cash buyer, and we are happy to provide evidence to show we have the funds to buy your house fast.

Is the sale guaranteed?

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If you choose to accept our initial offer, we promise to uphold our end of the deal and complete the sale. Unlike selling on the open market, there is no risk of property chain problems or the buyer (us) changing their mind. We will do an independent RICS survey to check the property’s condition. If this throws up something significant we didn’t previously know about, we may need to amend our offer, but we will talk to you about this. If you aren’t happy with our revised offer, you’ll be under no pressure to proceed with the sale. We won’t walk away from buying your house.

Can I see the estate agents report and RICS survey?

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Of course. Unfortunately, there are unscrupulous cash buyers and brokers who will deflate your house’s value to mislead you into thinking you’re getting a higher percentage. At House Buyer Bureau, we do not do this. We will be open and honest with you at every stage of the process, and you are in control at all times.

How Much Does Working with House Buyer Bureau Cost?

Working with House Buyer Bureau comes at no cost to you. We won’t charge you for your house valuation or survey, and we won’t tie you into a contract.

The only time you’ll have to sign is if you decide to accept our formal offer and sell your house to us. There are no catches and no hidden costs or unexpected extras.

We do buy below market value, but we are transparent about our offer at every step of the process. You are not committed to the sale until contracts are exchanged and can walk away at any time before that point.

 

 

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Can I sell my house 100% remotely?

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Yes, you really can sell your home in as little as seven days from the comfort of your sofa! In response to the coronavirus pandemic, which continues to impact our daily lives, we have honed our process to enable us to complete house sales entirely remotely. All we need is some photos of the property you want to sell. Occasionally, we’ll need to visit your home to check its condition, but we’ll always do our best to work around your schedule.

Do you really buy any property?

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We will make an offer on your home regardless of its history, location or condition — we’ve even purchased a house where the neighbouring property had fallen into the sea! One of the benefits of selling to us is that you don’t need to invest any cash in repairing or “presenting” your property. There are very few properties we won’t make an offer on. We don’t buy park homes, and we don’t buy in parts of rural Scotland and Northern Ireland — but apart from that, we will make an offer on most properties. Get in touch to request your free, no-obligation cash offer today.

Do you buy rental properties from landlords?

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Yes. We’re very interested in buying ex-rental properties. The buy-to-let market is not as favourable to landlords as it once was, and many owners are looking to sell their rental properties. Bear in mind, though, that we usually want the property to be vacant when we buy it, so if you have a sitting tenant, this is something to talk to us about. Please get in touch to discuss your specific requirements.

Do you pay my legal costs?

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You will need a legal professional to advise you and manage the paperwork for the sale. We have developed a network of solicitors who specialise in the quick house sale market and know the importance of speed and quality. All our customers are invited to use a solicitor recommended by us, and we’ll foot the bill. If you prefer to choose a solicitor, we will contribute £600 towards their fees.

Do you charge a fee?

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No. There is no fee for selling to us. House Buyer Bureau makes its money by purchasing properties at a slight discount and selling them for a profit. We pride ourselves on being completely transparent about how we work and what we pay. Furthermore, you will save money on estate agents and legal fees — costs that can quickly escalate when selling on the open market.

Will I be asked to sign a contract?

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The best quick house sale companies might ask you to sign a commitment form to enable them to get the legal and survey work done, but they won’t require their customers to sign a contract. An “in principle” or a “formal” offer should not tie you into the sale. As with a “traditional” on-market transaction, the seller is free to walk away at any point before the exchange of contracts. Beware! Some companies will try to lock you into a contract that prevents you from changing your mind, for example, giving them exclusive rights to sell your property for a fixed period. This tactic is often used by firms that need time to raise the necessary funds to buy your home. If this is the case, the sale of your property is unlikely to be “quick”, but you’ll be trapped by the contract and unable to take your business elsewhere for faster service — some firms charge thousands of pounds for breach of contract if a customer tries to sell with another company.

Can I still sell if I have a mortgage or other loan on the property?

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There is no reason why you can’t still sell. Your solicitor will take care of any outstanding finance attached to your home as part of the sale. They will then contact your mortgage company (and any other lenders with a charge on your home) to get settlement figures from them. Your solicitor will pay these companies directly from the proceeds of the sale and transfer the remainder into your bank account.

Will you buy my house if I have arrears on my mortgage?

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Yes. A quick house sale can be a great way to stop the repossession of your home and release the equity. Selling to House Buyer Bureau is a quick and discreet way to move on and start afresh elsewhere.

Do I need to clear my house as part of the sell?

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Ideally, we’d like your property to be empty when we buy it, but we understand this isn’t always possible. If you can’t empty it, just let us know, and we’ll arrange a house clearance company to come after you’ve moved out. There is no fee for this, but we will need to pass on the cost of the company we use.

Can I sell to you discreetly?

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Yes! Our customers choose a quick house sale for different reasons. A confidential sale is important to many of them. Whether you’re keen to avoid neighbourhood gossip or passers-by nosing around your property, selling to House Buyer Bureau is a simple way to achieve a discreet sale. There is no need to market your property or host viewings. We have the funds to buy from you directly — we won’t pass your details on to a third-party purchaser. This means you can enjoy a fast and private house sale.

What protection do I have if I sell to you?

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House Buyer Bureau is a member of The Property Ombudsman (TPO) and the National Association of Property Buyers (NAPB). The Advisory also recommends us. The quick house sale market is currently unregulated, but you can seek redress from TPO and the NAPB if needed. We’re proud of our reputation as one of the best quick house sale companies in the UK and fiercely protective of our impressive Feefo and Trustpilot ratings. We do not engage in dodgy sales tactics or unethical practices. Our team of property professionals will work with you to achieve the outcome you need.

I still have questions; how do I get in touch with you?

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We’d love to hear from you, whether you’re ready to request a cash offer or you’d like to ask further questions. Fill in our short online contact form, email or call us on 0800 028 2800.Can’t find the answers to your questions? Get in touch with us today. Our friendly team of expert cash house buyers is here to help.

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