Selling a Vandalised House
If you’re the owner of a vandalised house or flat that you are trying to sell, you might find that finding a buyer can be harder.
Your top questions when selling a vandalised property
✅ What qualifies as an act of vandalism at a house or flat?
Generally, vandalism refers to damaging someone else’s property – which can be anything from a house or flat to a car and more – with reckless behaviour or clear intent, and without the consent of the person that owns the property. Vandalism is a criminal offense and can be prosecuted as such if you are able to identify whoever caused damage to your home.
✅ Why are vandalised properties considered harder to sell?
There are a couple of reasons why you might find it harder to sell a vandalised home, including that some buyers will be discouraged by the visible damage and that will be enough to make them lose interest in the property. Other buyers may have concerns that the fact vandalism occurred means that the area is unsafe, and this might be enough to deter a purchase.
✅ Am I required to repair vandalism before selling my home?
No, there are no legal requirements that you fix any damage from vandalism before trying to sell your property. And it might simply cost too much time and money for many owners to repair the damage before trying to find a buyer. But it’s important to note that some people might want to offer less than your asking price because of the vandalism, which would lower your sale profit.
✅ Should I disclose to buyers that my property was vandalised?
Yes, even if you have fully repaired the damage caused by vandalism, it’s better to err on the side of caution and tell potential buyers that the vandalism occurred. You are legally required to disclose certain information about your home to prospective buyers, and this includes details on local crime – and some people will consider vandalism at your home to meet that definition.
✅ How long will it take to find a buyer for my vandalised home?
It depends on the way that you try to sell it, because selling on your own or via an estate agent might take at least a few months but can last longer than an entire year. Auctioning your home will take several months to cover every step of the process. Selling to a fast buyer is the speediest choice, as the sale can typically be completed within a handful of weeks.
✅ What fees will have to pay when selling my vandalised property?
It depends on the method of selling that you choose, because selling via an auctioneer or an estate agent will require that you pay them commission, and this will be deducted from the sale proceeds, lowering your net profit. But if you sell your property on your own, or use a quick home buyer like LDN Properties, you’ll pay no fees and get to keep all of the sale proceeds.
✅ What assurances do I have that I can trust a quick home buyer?
The legitimate quick property buying companies will be registered with The Property Ombudsman (TPO), a third-party organisation that writes rules to protect homeowners against fraud in the industry. All TPO members must strictly follow these rules, and it’s recommended that you don’t sell to a company that either can’t prove it’s a TPO member or refuses to join.
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