What’s the quickest way to sell your house or flat in Woodford Bridge?
When you are ready to find a buyer for your Woodford Bridge home, you have three main options. You could sell the property using an estate agent, using an auctioneer, or using a fast home buyer like LDN Properties. Each approach has its own unique advantages, although you’ll find that there are certain disadvantages with some methods of trying to sell your home.
Using an estate agent requires minimal work from you, because they handle the creation of a listing that features text descriptions and photographs of your home, and advertising it online, in their office and in local media. They will also typically take care of the work involved with scheduling viewings for prospective buyers to see your home, and oversee any offers.
But they except to be paid for all of this work, and estate agents generally charge fees based as a percentage of your home’s final sale price. This amount will be taken out of the sale proceeds, which will reduce the total profit you can make from the sale.
And selling this way is very unpredictable, as you might be waiting more than an entire year before you get a serious offer from a buyer. Even if you do get an offer from a buyer on a quicker timeline, they could still rescind the offer at any time before you exchange contracts, and unfortunately there will be nothing that you can do to try and enforce the sale.
A second option is using a property auctioneer, who will similarly create and advertise a listing for your home. They will host the auction where people can place bids on your property, with the goal being to have many people trying to outbid each other so that it drives the final sale price of your home to a profitable level.
Selling this way can take at least a few months, including a delay between when you list the home for sale and when the auction takes place. And if your property does sell, the buyer will have an average of 28 days to take all of their mandatory steps to complete the purchase. This can be a setback for those owners who are looking to sell their homes as fast as they can.
You’ll also have to pay the auctioneer commission, which will be deducted from the sale proceeds and therefore lower your net profit.
LDN Properties makes fast and fair offers to buy all types of freehold and leasehold houses and flats in London, including in Woodford Bridge. This district is in the borough of Redbridge east of the city centre and is known as being the location of Claybury Hospital, a Grade II listed building completed in 1893 that was a psychiatric hospital but is now a housing development.
We have the financial ability to buy properties immediately, so there’s no waiting for several months to see if we get approved for a mortgage. This helps to speed up the process compared to other methods of selling, and we can typical complete the purchase of a home within a handful of weeks – and that includes you receiving the proceeds and exchanging contracts.
Another top benefit of selling to LDN Properties is that we never charge any commission, so you are ensured to receive the full proceeds of whatever price we offer for buying your home.
We can also purchase properties that might be considered "problems" and hard for estate agents or auctioneers to sell, such as dilapidated houses, properties built near power lines or mobile phone masts, homes with solar panels, flats that have current tenants with very lengthy rental agreements remaining, properties without Energy Performance Certificates, homes built from non-standard construction material such as concrete, and many other examples.
