Sell House Fast
Old Ford, London

What information does LDN Properties review when buying Old Ford homes?

LDN Properties has been making speedy and fair offers to buy freehold and leasehold houses and flats throughout London for 15+ years. We are proud of the many very satisfied owners who have sold their homes to us through our streamlined and no-hassle process, which typically allows us to complete every step of buying their property in just a handful of weeks.

We give each owner an honest valuation of their home when making an offer, based on a reliable set of factors that our experts will be happy to share with you. We use the same information in every area where we buy properties, including Old Ford, which is part of the Tower Hamlets borough in east London and is named after a ford to cross the River Lea.

An important consideration is whether the person selling the home has paid for any large-scale physical work on the property, which might be a renovation, extension, or something else. We’ll review whether the change has had the effect of raising or lowering the home’s value.

But there are many other important elements that inform our valuations, including asking the local planning authority for any documents that might be relevant to your house or flat, checking home sales websites to compare the current and past prices of properties in Old Ford and nearby that are similar to your house or flat, asking home valuation professionals for their input, and checking the current benefits and drawbacks of owning a property in the district.

Questions to ask a fast home buyer when selling your property in Old Ford

Fast buyers, like LDN Properties, can be a great way to sell your Old Ford house or flat fast. They’ve got the financial ability to immediately purchase freehold or leasehold homes, without having to wait many weeks or months to first get approval for a mortgage to complete the process. As a result, the typical schedule for selling your home to a quick buyer takes just a few weeks, rather than the generally much longer timeline when selling via other methods.

Reputable quick buyers also never charge owners any commission to sell their homes, which means you get to keep all of the proceeds. That contrasts very favourably with auctioneers and estate agents, because they will make you pay them commission for selling your property, and their fees will be deducted from the sale proceeds, which will lower your net profit.

If you’re interested in selling your property to a fast buyer, it can be useful to call or email specific companies to learn more about them before making a final decision. We’ve provided some of the top questions that you might want to ask quick home buyers, as well as what to pay attention for in their answers to see if they’re the best choice for selling your property.

Will you require that I sign a "lock out" contract in order to buy my home?

Lock out contracts give a person or company the sole legal power to make an offer for buying your property for a set amount of time, often many months or longer. But genuine quick home buyers, such as LDN Properties, can finalise the purchase of most homes within weeks, and there is no valid reason why a legitimate company would require such a contract.

How much will I have to pay in fees when selling my property to you?

Trustworthy quick home buying companies will never make you pay any commission in order to purchase your property. That means you can enjoy receiving the full proceeds from whatever price they offer for your leasehold or freehold house or flat, without the expense of fees that will lower your net profit. Be wary of any fast buyer that insists on you paying them such costs.

Does your company offer "rent and sale back" agreements to homeowners?

Rent and sale back agreements give homeowners the ability to sell their properties to a fast buyer but continue to live in the flat or house by paying the company a regular rent. Whilst this might seem like a good idea, there is nothing to stop the quick buyer from trying to evict you just six months after the sale, which would create major uncertainty for your living situation.

Property resources to consider

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

Areas around Old Ford where we operate

Alameda Place Bow Bromley Festubert Place Globe Town Hackney Wick Hitchin Square Homerton Mile End Mill Meads South Hackney Stratford Marsh

Old Ford postcodes we cover

E15 E2 E3 E9