Why isn’t my house selling?
If you’re trying to sell your London house or flat quickly, it can be frustrating if you fail to receive any serious offers for a long time. Our guide discusses why your house isn’t selling.
Your questions answered when a house isn’t selling
✅ Is there an average timeline for how long it takes to sell a house or flat?
Every home sale is unique, but as a general guideline you can expect it to take about six months to sell a property, and that includes the time it takes to do all the administrative and legal work and officially exchange contracts. Note that some methods of selling, including auctions or using a fast property buyer, can take much less time than the average sale.
✅ Can I pay to speed up the sale of my property?
No, there are no options for spending money to force a fast sale of your property. However, you can consider using a faster method for selling your home. For example, if you have been trying to sell your flat through an estate agent and you haven’t had an offer in many months, try selling to a quick home buyer who might be able to complete the sale within just a few weeks.
✅ Why do most homeowners want to sell their properties quickly?
Because they typically have a specific goal in mind for how they intend to use the proceeds of the sale. For example, if you have been looking to move home and have found your next dream property, you might need the proceeds from selling your current house to fund the purchase of your next home, and you’ll likely want to make this all happen as fast as possible.
✅ Can the time of year affect whether my property will sell?
Yes, as a general rule it’s easier to sell a home in the spring or autumn because the weather is typically good and most people are available for viewings. But the winter is considered a slow time for home sales due to the bad weather and Christmas celebrations, whilst the summer is also not a great time for selling a home because many people are away on holiday.
✅ Will every method of selling my house or flat require me to pay fees?
No. If you sell your home to a quick buyer such as LDN Properties you will never have to pay any fees. However, if you use an estate agent or property auctioneer to sell your home, they will make you pay commission that can significantly reduce your overall sale profit. But you might be able to transfer the costs on to the winning high bidder when selling your home at an auction.
✅ If I try to speed up the sale of my home using an auction am I guaranteed to sell it?
No. When you sell your home using a property auction, you will agree to a minimum reserve at which you are comfortable with your house or flat selling. Your goal is to have multiple buyers interested in your home so that they drive up the final price by trying to outbid each other. But there’s no guarantee you will receive any bids, in which case your home will not sell.
✅ What is the fastest method available for selling my home?
We believe that using a fast buyer is the speediest way to sell your home, as the entire process can be completed in a short few weeks, including you exchanging contracts on your home and receiving the sale proceeds. By way of contrast, selling using an auctioneer could take many more weeks, and selling using an estate agent could take many months or longer.
We’re rated as Excellent
Reviews.co.uk provide independent reviews from other people just like you!
"Successfully sold two properties direct to LDN Properties in the last two years. Genuine and trustworthy people and the dealings were straightforward." – Thomas from London
LDN Properties Limited, Linen Hall, 162 Regent St. London W1B 5TD
Company No. 04636129. ICO No. Z7733416. Ombudsman No. D12463.
Copyright 2003 to 2024