How to choose the right quick home buyer when selling your Brondesbury property
Selling your Brondesbury house or flat to a quick buyer can be a great choice in terms of making a fast sale. LDN Properties gives each owner a streamlined, no-stress and hassle-free way to receive a competitive and swift offer for selling their home, and we promise that you will never have to pay any fees when selling to us.
But you might feel overwhelmed with starting out in trying to find the right fast buyer for your leasehold or freehold property. Thankfully, it is a fairly straightforward process to choose the quick buying company that best matches your wants and needs, with just a few simple steps.
As an initial move, you should email or call specific fast home buyers to find out whether they are authorised to buy properties in your neighbourhood. It might seem like too obvious of a question, but it’s worth asking, because some companies can buy houses and flats anywhere in the UK, whilst others are limited to smaller geographic areas.
Another simple step to take is searching the name of certain fast property buying companies online. The search results you generate should help to highlight whether the business has a history of poor reviews and negative news articles written about it, which could help you in deciding against using their services to sell your property. Alternatively, you might find nothing but praise for the company from customers, which could assist in opting to sell to them.
You might also want to ask individual companies whether they can make an offer on your property, if it has some kind of issue that private buyers might deem to be insurmountable problems, as most legitimate fast buyers can make offers on practically any type of home.
As a guide, LDN Properties’ long list of purchases since launching in 2003 includes flats with noisy neighbours, properties located close to unsightly mobile phone masts, flats with dry rot, houses with subsidence, listed properties, flats with very short leases remaining, regulated tenancies, and other situations.
It could also be a good idea to ask specific home buyers whether they will charge you fees for buying your property. The legitimate quick property buying companies never make owners pay any commission when selling their homes. If you ask a fast buyer this question and they demand you pay fees, it signals it might be a scam and you should not sell to them. Instead, try to find a trustworthy company like LDN Properties who will not charge you any fees.
Yet another question that you might want to query companies with is whether they belong to an independent organisation known as The Property Ombudsman (TPO). This organisation writes rules that are designed to shield owners against scams in the quick home buying sector. All TPO members, like LDN Properties, are required to commit to these rules, which gives you greater protection and peace of mind when selling to a fast home buying company.
Be very wary of any company that either claims to be a member of TPO but cannot prove it, or that refuses outright to join the organisation, as it could be a fraudulent business.
You can easily check the membership status of an individual company by visiting TPO’s website, clicking on the "Find a Member" tab on the left side of the main welcome page, and typing in the name of a fast buyer. If they are truly registered with the organisation, you will be able to see their membership details, but if they’re not a member, you’ll get no results.