A stalled house sale due to a broken chain can be a frustrating experience. It’s an an increasingly common one and can often lead to losing the home you had your heart set on buying.
‘A Fast House Sale’ can buy your house fast for cash, allowing you to escape the chain and buy the house you wanted.
‘A Fast House Sale’ buys from sellers who want to sell fast and for whom speed and certainty in an uncertain market, is more important than getting the absolute best price. We buy for cash, generally at a discount of around 10-15% in London, 15-20% outside. Our overheads are low, which allows us to operate on a smaller profit margin than most of our competitors.
‘A Fast House Sale’ can also buy at full market value, if you do not need all the proceeds of the sale now, and you can be a little flexible with the completion date. We commonly complete in 3 – 5 years, but can complete in as little as 12 months or in cases of negative equity we will sometimes ‘babysit’ the mortgage for many years. This is an increasingly common practice which allows the seller to walk away from a house, while we become legally liable for paying the mortgage. The seller is then free to take another mortgage in their own name, safe in the knowledge that they are not responsible for the first mortgage or the upkeep of that house.