Fast Sale Today Contact Details

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1. Contact details for Fast Sale Today
2. Questions to ask a cash property buyer
3. Pros and cons of choosing a cash property buyer
4. Fast Sale Today: questions and answers

Contact details for Fast Sale Today are as follows.

Telephone number: 0800 311 2188

Email: Contact form

Website: https://www.fastsaletoday.co.uk

Questions to ask a cash property buyer

If you’re looking to sell your London house or flat fast, you can contact a cash property buyer.

Should you be considering the use of a fast buyer to sell your home, you might want to call them so that you can learn more about their business before you make a final decision. We have provided some sample questions that you could ask fast buyers, along with details on what to expect from the answers that you receive, so that you can make a truly informed decision.

Can you prove that your company is a registered member of The Property Ombudsman?

One way that homeowners can get peace of mind when selling to a fast buyer is to ask if the company is registered with The Property Ombudsman (TPO). This is a third-party entity that writes regulations with the aim of guarding owners against potential fraud in the quick buying industry. All TPO members must follow those rules. Be wary selling to a company that cannot prove it belongs to TPO. You can find out whether a company is registered with TPO by visiting its website, clicking on “Find a member,” and typing in the fast buyer’s name. If they are a member, their membership details will appear.

Does your fast home buying company offer “sale and rent back” agreements?

Be wary about any quick property buyer that offers you the chance to sign a sale and rent back agreement, under which you’ll sell your home to them and then continue to live in it by paying the company a monthly rent. The reason for caution is that there’s no rule in place that prevents the fast buyer from attempting to evict you after you sell the home.

Will I be required to sign a “lock out” contract if I sell my home to you?

Lock out contracts are another potential red flag when dealing with a cash property buyers. These agreements give the company sole legal right to make an offer for purchasing your home, preventing anyone else from making an offer for a specified amount of time. The typical lock out contract lasts for many months or even longer, but there is usually no justification for what a company claiming to be a legitimate fast buyer should need you to sign such a contract. They should be able to complete the process of purchasing your home in a handful of weeks.

How much will I have to pay in commission when selling my home to you?

You should be suspicious of any fast property buyer that says you will have to pay them commission or other fees for selling your home to them. That’s because the trustworthy quick buyers, will never charge you any such fees. The fact that we ensure homeowners keep their full sale proceeds is one of the biggest advantages of selling to us.

Pros and cons of choosing a cash property buyer

If you are debating whether to use a fast buyer, estate agent or property auctioneer to sell your home, consider the below pros and cons about cash buyers. It should help you to make a decision on how you can sell your home in a way that prioritises speed and profit.

Advantages of using a cash home buyer

One of the main advantages of using a cash home buyer is usually how quickly they are able to buy your property. It usually takes just a few weeks from beginning to end, and that includes all of the important steps such as exchanging contracts and paying you the full sale proceeds. That’s because they usually already have the cash in hand to purchase the house or flat, and often don’t have to wait to obtain a mortgage to buy the property.

Cash buyers are also able to consider purchasing almost any shape, size, age, condition or type of leasehold or freehold property. For example, properties with subsidence, homes where the owner cannot find crucial documents such as the title deeds, flats with current tenants with a long time left on their rental agreements, properties constructed from concrete or other non-standard materials, flats with dry rot, and other situations.

Yet another advantage is the legitimate cash home buyers will never charge you any fees for buying your home, which helps you to make even more profit. But if you use and estate agent or auctioneer to sell, you’ll have to pay them fees that you’ll have to subtract from your profit.

Disadvantages of using a cash home buyer

There is one main drawback of using a fast cash home buyer, is that offers are below the current market value of a home. The reason is that people who use quick cash home buyers are typically looking for the swiftest sale possible whilst selling their house or flat at an acceptable price.

Accepting a slightly lower sale price for your home than you might have been able to get through an estate agent or auctioneer can be an acceptable trade-off given that you won’t have to deal with the fees and potentially very lengthy timeline involved with selling via those methods.

Also, some untrustworthy cash buyers exist and they might try to charge you unnecessary fees. That’s why you should only use fast home buyers who belong to The Property Ombudsman (TPO) or equivalent, a third party entity that protects owners by issuing rules its members must follow which guard against scams happening. You can find details of which companies are registered with TPO on the organisation’s website.