House Buy Fast
- Some sales can be completed in just 3 days (though 2-4 weeks is more typical)
- Reasonable offers of up to 85% of market value
- One of the most trusted quick house sale companies in the industry
- You'll still need to do some paperwork such as paying off any mortgage or loan secured on the property
- As with all 'quick sale' companies, you won't get full market value for your property
HouseBuyFast.co.uk review – with decades of industry experience, this is a quick house sale company that buys properties without third party funding.
They claim this helps guarantee the best price for your property compared to many other home buying companies. The company aims to provide a transparent service with a quick, hassle-free process and no hidden fees. How do those claims stack up? Let’s find out…
At A Glance:
HouseBuyFast.co.uk has been around since 2008 and is one of the founding members of the NAPB (National Association of Property Buyers). This industry body was created to protect homeowners by ensuring that cash buying companies adhere to the Property Ombudsman rules.
The House Buy Fast team aims to offer an agreed sale in between 3 and 28 days, which is one of the fastest house buying services in the industry.
The company also ensures each transaction is guaranteed and private, offering up to 85 percent of the market value, which is higher than some cash buying firms.
House Buy Fast has a cash fund of approximately £12 million, so they are ready to compete with all conditions and values of properties.
Guaranteed Cash Buyer Helps to ensure a quick sale
Fair Offers Receive up to 85% of market value
Quick Completions Typically between 2 and 4 weeks
Of course, a quick house sale company isn’t right for everyone. If you want full market value and aren’t in a rush to sell, using an estate agent may be your best route. However, if you need to sell as quickly as possible, and don’t mind sacrificing some value to do so, HouseBuyFast offer an appealing service.
How Quickly Can HouseBuyFast.co.uk Buy My Property?
As we touched on above, House Buy Fast claims that the entire buying process can take between 3 and 28 days. Within hours of making an enquiry, House Buy Fast will make you an offer.
You will also be supplied with a valuation carried out by an independent RICS surveyor. This survey is carried out at the company’s expense, and it will provide a formal valuation and highlight any problems that may have been missed during the initial assessment.
The reason that it is not immediate is that House Buy Fast needs time to take care of all the administrative tasks associated with selling a property. The company will instruct solicitors to carry out the property conveyancing process to legally transfer the property ownership from yourself to the company.
Fortunately, HouseBuyFast.co.uk aims to make this as straightforward and simple for you. You will only need to answer basic inquiries about your property and sign the contracts. You can expect to receive the cash for your property in approximately three weeks from the moment of accepting the offer to the sale completion.
How Selling With HouseBuyFast.co.uk Works
As part of our HouseBuyFast.co.uk review we looked at the entire process of selling your home with the company. It can essentially be broken down into four steps.
Apply online to receive a quote. The initial offer is typically a guideline price that needs to be confirmed with a third-party valuation. If you’re happy with the initial quote, you will proceed to the next stage of the process.
House Buy Fast will send an RICS surveyor or a minimum of three estate agents to your property. The costs of these valuations are covered by House Buy Fast, and if you are unhappy with the figure that is presented, you still have the freedom to walk away from the deal.
If you are happy with the adjusted figure, House Buy Fast will start the paperwork and contract a legal team to begin the sales process. Again, all of the associated costs, including legal fees, are covered by the company.
Within the timeframe agreed during the initial consultation, the sale will complete, and House Buy Fast will transfer the cash to your designated account on the same day.
HouseBuyFast.co.uk Reviews From Customers:
So, Is HouseBuyFast.co.uk Any Good?
With a 4.5/5 Feefo.com rating and excellent housebuyfast.co.uk review feedback on social media platforms, House Buy Fast certainly looks like a solid company.
While you may not be able to receive the full market value for your property, if you lack the time to wait for a traditional estate agent to find a buyer, it does provide a viable option.
Previous customers have reported that the company handles the property enquiries in a sensible, professional manner to help those in need of selling a property quickly and efficiently.
House Buy Fast offers up to 85% of the market value, which is often higher than many other house buying services. The process is also streamlined to make it as hassle-free as possible for the seller. You don’t need to worry about arranging surveys, reports, or any other paperwork.
House Buy Fast will liaise directly with your solicitor to arrange the conveyancing, and you will just need to sign the paperwork to complete the sale.
Negatives Of HouseBuyFast.co.uk:
While they are one of the most trustworthy quick house sale companies we have found, our HouseBuyFast.co.uk review has also highlighted a few negatives.
The main negative of using House Buy Fast is that you won’t get the full market value for your property. In order to facilitate a quick sale, House Buy Fast will expect a discount on your asking price.
The other possible negative is that the valuation may be less than the initial quote. This can occur for a number of reasons, but it can be negated by providing the most accurate information possible at the time of your enquiry. Additionally, you are not committed to the deal until the valuation has confirmed the official offer, and you have accepted this price.
Finally, House Buy Fast will not pay off any mortgage or loan secured on the property. You will need to arrange this yourself when you receive the payment into your account.
A Short History Of HouseBuyFast.co.uk
House Buy Fast began trading in 2008, as Future Planned Ltd. Future Planned specialized in acquiring auction property for its investors, but due to the company’s immediate success, the offices in Teville Road, Worthing were quickly outgrown.
By 2010, the company was firmly established in new premises and saw the potential and value of the internet, so acquired Get an Offer. This was one of the first UK online estate agencies and remains a vital part of the business, helping hundreds of homeowners each year.
In 2011, the company began to focus on property purchasing, and relocation and House Buy Fast was established.
The company updated and expanded its website, but in 2013, after intense Office of Fair Trading industry scrutiny, House Buy Fast worked with the OFT to make improvements in the sector. It was these meetings that prompted the founding of the National Association of Property Buyers, encouraging firms to adopt best practices and improve standards within the industry.
With the growth of the House Buy Fast business and the NAPB, the company relocated to new premises in 2019.
HouseBuyFast.co.uk Review – Summary:
House Buy Fast appreciates that needing to sell a home quickly can be a massive decision, so you need to rely on an established company with a solid reputation.
House Buy Fast offers a high level of service, working with clients to provide a solution quickly. House Buy Fast offers some great advantages, including:
- Quick sale in days or weeks to suit your timescale
- Guaranteed cash buyer
- No fees, as House Buy Fast covers all costs including your solicitor fees
- Personal service
- Discreet service with no estate agency boards or viewings
House Buy Fast will purchase any UK property in any condition to help clients who need to quickly sell their home due to a relationship breakdown, repossession threat, emigration, or deteriorating health.
While you cannot expect the full market value, this can provide a viable solution for those looking to sell their home as quickly as possible.