Where do you buy properties?
We have chosen to focus on properties within the East Midlands area predominantly Nottinghamshire, Lincolnshire and South Yorkshire, and we will guarantee to make an offer on land or buildings and in most cases we can make an offer within 72 hours.
Do you need to arrange to inspect the property internally?
No.
We are prepared to inspect the property externally and make a formal offer subject to an internal inspection.
On some occasions, where the situation is justified, we can purchase without an internal inspection, such as where the property may have tenant problems.
If my property is in the area you buy, how long does the guaranteed offer take?
Once we have spoken via phone and confirmed the property details, we will carry out the appraisal in-house and are usually able to come back to you with a formal offer within 24 to 48 hours.
In many cases we are able to give you an indication as to what our offer is likely to be during our initial phone discussion.
How much will you offer me?
We believe in being honest and truthful at all times. The discount we normally apply is approximately 20-30% off the current market value of your property, land or building dependant on market conditions.
This can be more or less depending on the location, value, condition and whether the property is tenanted or not.
What happens to my property, land or building when the cashforyourhouse.biz have bought it?
With so many properties, we treat them all on an individual basis. Some properties are retained by us for our own investment portfolio; others may be renovatedfor resale, or simply resold in their current condition.
Do I need to move out straight away?
Not at all!
We appreciate it is your home and can offer one of our flexible 'stay as tenant' schemes for days, weeks, years or even your life!
Do I need a Solicitor?
Yes.
If you do not have a solicitor we can recommend one and where required we will even pay your agreed legal fees on completion.
Is there a charge for valuations and are there any fees, charges or hidden costs?
No
There are absolutely no charges whatsoever to You our service is absolutely free. If you decide to sell to us then you will incur charges on abortive sales.
Will anybody know about the sale?
No.
We believe in 100% confidentiality. Any discussions are in the strictest confidence and in no way will we ever erect a "sold" or "acquired" board while you are still living at the property unless agreed in writing beforehand.
If repossession proceedings have been issued, can these be stopped?
Yes.
In most instances the lawyers will speak to the mortgagees and arrange for any loans to be repaid and proceedings halted.
Are there any types of properties that you do not purchase?
No.
We purchase all types of properties, including commercial, land, farms, and those with sitting tenants, in any condition, vacant or rented. Even those with planning, legal, tenant or structural problems.
Charges
If a sale has been agreed, solicitors are instructed and you subsequently pull out of the sale for whatever reason, please be aware that you will be responsible for your own legal costs. (ask for further explanation if required)
If I go down the sale & rent back route, how do I know how secure my tenancy is?
Before agreeing to proceed with the sale, all tenancy options will be explained to you. It is possible to have a 6 month / 12 month / 2 year / 5 year / 10 year or life tenancy. Please be aware that should a 5/10 or life tenancy be chosen the % value paid on your property may decrease.
What am I responsible for, once I have sold my home if I stay in it?
All utility bills, contents insurance, keeping the property in good general order, whilst we take care of the buildings insurance and the general external fabric of the building, plus the heating / electrical components and major structural side.
Are there any risks with using your service?
None at all, except for the fact that the property will be bought at a below market value figure. Any tenancy that is granted back to you will be fully explained to you by either us or, even better your solicitor who is paid to act in your interest.
How do I know that any debts will be paid off?
All secured debts will have to be paid off from the purchase monies by your solicitor. As long as you are honest with us about your mortgage and any other secured loans. We will confirm whether our offer will discharge these or not. In respect of unsecured loans / and or credit cards, we would always advise these are repaid. Unless you tell us about these, we will not be able discuss with you.
What do I do if I want further advice?
We suggest you discuss the matter with a solicitor / friend or the local citizens advice bureau or you could even speak to one of our competitors. |
We have chosen to focus on properties within the East Midlands area predominantly Nottinghamshire, Lincolnshire and South Yorkshire, and we will guarantee to make an offer.
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