Questions & Answers
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What other cost would I have?
Will you accept housing benefit?
What type of tenancy agreement do you use?
Is there a deposit payable for renting?
How does your quick sale price compare to an estate agents valuation?
Do I need a solicitor?
Can I buy back my home at the same price which I sold it?
Can I pay my rent upfront to save me the money?
What if I am renting back?
How long can I stay in my home after selling?
Do I have to pay to apply?
How do I update or change my application?
How long does it take to sell?
What information do you need from me?
Q: What other cost would I have? A: Like renting another property or still owning your home, you are liable for all utilities including council tax, water, gas, electric, phone, TV licence etc.    Q: Will you accept housing benefit? A: As long as you are eligible for payments from the local council or DSS, then we do accept this form of payment. Please check with the relevant authority to ascertain if you are eligible. In certain circumstances we can also after a period of 6 months apply for housing benefit on you behalf.  Q: What type of tenancy agreement do you use? A: We use industry standard short term tenancy agreement which is renewable every six months. Q: Is there a deposit payable for renting? A: We do ask for a month in advance when entering into a rental agreement. Q: How does your quick sale price compare to an estate agents valuation? A: To speed up the process, we are making you a 'trade offer' on your property. This is usually between 72.5% and 85% of its current market value. Although you may feel that this is a slightly cheap offer, please bear in mind, that we are conducting a valuation, a survey and you have no estate agents fees, and if you use our legal team, no solicitors fees. Combine this with the very fast property sale, and these benefits can totally outweigh what you consider to be a slightly light offer. Q: Do I need a solicitor? A: As part of our up to £500 of FREE LEGAL EXPENSES service, you can use our in-house legal team at no cost to you at all. However, if you feel more comfortable using your own solicitor, we have no problems with this whatsoever. The only draw back is that it could slow down the sale process slightly. Q: Can I buy back my home at the same price which I sold it? A: Yes you can, we will draw up a 3 or 5 year legal agreement. Q: Can I pay my rent upfront to save me the money? A: Yes you can, a tenancy agreement can be drawn up to reflect this kind of arrangement. Q: What if I am renting back? A: We will exchange within 7-28 days and you just carry on as normal. Q: How long can I stay in my home after selling? A: If you are leaving the property but have no fixed date we will work with you on this, you may be able to rent back for a period of time until you know when your next move is. Q: Do I have to pay to apply? A: It’s free to apply and a local cash buyer will be in touch with your normally within 48 hrs! Our Local Landlords will pay up to £500 of your legal fees! Q: How do I update or change my application? A: Unless the new information is fundamentally different from your original application e.g. wrong address/telephone number or important details concerning the property, you do not need to worry about changing your application as you can explain any irregularities to the cash buyer that will contact you, however if there is a need to change some important details please contact us immediately! Q: How long does it take to sell? A: You will have a trade cash offer within 24 hours of our local landlord initial survey. Q: What information do you need from me? A: All you need to do is fill out our comprehensive application form and a cash buyer will be in touch within 48 hrs! |
