What factors will LDN Properties analyse when valuing your Whitechapel home?
LDN Properties makes competitive and rapid offers for buying houses and flats in Whitechapel, and we do so by first preparing a valuation of the property that we’re interested in buying. Our promise is that you’ll always know exactly how we came up with whatever price we offer for purchasing your property, and we’ve helped many happy customers sell their homes. They have benefited from our transparent and trustworthy valuations, knowing they’re getting a good price.
Our experts will make an honest offer regardless of any features or flaws that other buyers would consider to be deal breaking problems. For example, the varied list of purchases that we have made since launching our fast buying company 15 years ago includes British Iron and Steel Federation homes, properties with subsidence, flats on noisy streets, houses with high radon levels, homes where the owner cannot find important legal documents like the title deeds, flats with storm damage, and more.
There are many issues that we will review as part of the valuation process. One important factor is looking to see whether you might have spent any money on large scale physical work to the property, which could be a renovation or extension. Our experts will assess whether the end result of this work has been to raise or lower the overall value and sale price of your home.
But there are other elements that are also important, which will play a role in the valuation and sale price that we offer for buying your freehold or leasehold house or flat.
These factors include, but are not limited to, asking property valuations experts for their advice, checking with the local planning authority for any documents that might be relevant to your house or flat, looking at the current benefits and drawbacks of owning a property in Whitechapel, and browsing home sales websites such as Rightmove or Zoopla in order to compare the price of properties for sale in the area that are similar to your house or flat.
Remember also that if you sell your home to LDN Properties for a fair valuation, we will never make you pay any commission. That means you are guaranteed to receive the full proceeds from whatever final sale price we offer for your home – whereas if you sell using an estate agent or auctioneer, you’ll have to pay them fees that will be taken out of your sale proceeds. This will reduce your net profit, and isn’t the best move if you want to maximise your profit when selling.
LDN Properties can also generally buy your home much faster than trying to sell it using those two other methods, because our professionals are able to complete all the required steps within a handful of weeks, including exchanging contracts and paying you the proceeds. The typical sale with an auction can take at least a few months, and with estate agents it may be even longer, which is far from ideal for those homeowners looking to sell as quickly as possible.