Sell House Fast
Barking, London

Top information to learn about the south London district of Barking

Part of the south London borough of Dagenham, Barking is a district that for many centuries was centred around farming and fishing but underwent significant residential, commercial and industrial development starting in the 1850s with the opening of a railway station.

• The town centre features several relatively new public works of art, including a sculpture installed in 2007 that uses stones found in the remains on the medieval London Bridge.
• There are several sports teams based in the area, including the non-league football club Barking F.C., as well as teams for hockey, cricket and basketball.
• The area’s name derives from "Berecingas," an Anglo-Saxon word that either means "settlement of Bereca’s followers" or "a settlement next to birch trees."
• A local landmark is the Grade II listed 13th century St Margaret’s Church, which is situated within the grounds of the former royal monastery Barking Abbey.

Is it quicker to sell your Barking house or flat to a speedy buyer?

If you are ready to sell your Barking property, an important early decision will be the method of selling that you want to use, whether that’s a fast home buyer, an estate agent, or an auction. Consider the various pros and cons of each option before you make a final choice.

Fast home buyer

LDN Properties and other quick property buyers can usually complete the purchase of your house or flat in a few weeks, including the process of exchanging contracts and paying homeowners their proceeds.

Further, fast home buyers also generally do not charge people any commission for selling their homes, so they are assured of receiving the full profit from the final sale price offer.

And another benefit of using a fast home buyer is that you won’t have to put up with having viewings at your property where potential buyers come to inspect the inside and outside.

Estate agent

One benefit of using an estate agent is that they’ll prepare the listing for your home and advertise it to generate interest from people. And they are often responsible for leading the viewings, although these can still be time-consuming and inconvenient for homeowners.

But remember that estate agents can take many months or perhaps even longer to sell properties, and there are no deadlines associated with the process. That uncertainty about when you’ll sell is not ideal when you are looking to sell your home as quickly as possible.

In addition, you will also have to pay estate agents commission for selling your house or flat, and depending on the percentage of commission this can significantly reduce your sale profit.

Auction

Or you might be considering using an auction, where you’ll agree to a minimum reserve price at which you’re willing to sell your home. The goal is for many people to be interested in the property so that they try to outbid each other and raise the final sale price far about the reserve, but it’s important to remember that you might have to settle for receiving the opening bid value.

Auctions tend to ensure a faster home sale than estate agents, yet you could face a delay of possibly a few weeks between the date you list your property for sale and the date on which the auction takes place. And even if your home sells you might still face further delays of a month or more whilst all of the mandatory legal paperwork for the sale of your property is completed.

Remember that auctioneers will also charge you commission, and you’ll have to deduct this value from the total profit you can expect to make from selling your home. However, in some cases you might be able to pass this cost on to the person that placed the winning bid.

How will LDN Properties value your home when you’re selling it?

We have an expert team that has been making offers to buy homes since 2003 and does so based on fair valuations that consider a wide range of factors. We’re proud of our long list of happy customers who have sold their homes to us knowing our valuations are honest.

For example, we may assess your property to see whether you’ve made any renovations such as an extension that might have lowered or decreased the home’s overall value.

Our valuation also considers a host of other factors, such as information found in documents about your home kept by the local planning authority, advice from property pricing experts, reviewing the strengths and weaknesses of living in Barking, comparing historical and present sale prices of properties similar to yours on rightmove and Zoopla, and other elements.

Property resources to consider

• See the benefits of choosing LDN Properties as your home buyer

Locations close to Barking where we operate

Beckton Creekmouth East Ham Ilford Little Ilford Loxford Manor Park Plashet Upton Park Wallend

Postcode areas in and around Barking covered by us

E12 E6 IG1 IG11