Frequently asked questions about selling your house fast with Flying Homes
Our FAQs cover all the most popular questions we get asked by our web visitors and telephone callers. We strive to be 100% transparent in our business and will always give a clear, concise answers to any query. We are one of the premier house buying companies; we’ll show you the best way to sell your home in the UK today. If you feel a question you may haven’t covered within this section or is still unclear, then please get in touch via our contact form or call us on 0800 68 99 420.
- What percentage of the market value will I get if I sell my house quickly to cash property buyers?
- What do you mean by a percentage of market value?
- How do I know if I am getting the best price for my home?
- Will it cost me anything for an offer? Are there any fees involved in selling my house to you and are there any “tie in’s” to stop me selling elsewhere?
- How is my home’s value calculated?
- Where in the UK do you buy property?
- What if my property is in bad condition?
- What if I am in mortgage arrears or facing repossession?
- How much time does the process take?
- What’s the process for selling my house fast with you?
- What scams or pitfalls are there to consider when selling to a cash property buyer?
- Why do people use companies like Flying Homes to sell their house fast?
- What property types do you buy?
- What do you mean by a “cash buyer”.
- How can I sell my house fast and for a price near its actual value at any point in time?
- Can I be sure Flying Homes is right for me?
- Are there any other ways to sell my house quickly, without using a cash buyer?
- Where can I find out more information on how Flying Homes can help me sell my house fast?
If you sell to other cash property buyers or us, then you can expect to get anything from 75% to 95% of the market value. There is no simple calculation, or one size fits all approach. Each property buying company is different. However, the longer you wait to sell, then depending on your circumstances, the more it’s going to cost you to wait.
Selling your home for its current market value is always possible based on your selling timescale. A property is worth more if you have a longer time to sell it, refer to the table below as a guide.
|Selling timescale||Percentage of market value||Type of buyer||Guaranteed sale|
|Seven days||75% to 80%||Property Buyer||Yes|
|six to eight weeks||80 to 85%||Property Buyer||Yes|
|Eight weeks||75% to 85%||Auction||No|
|Thirteen weeks to six months||80% to 95%||Estate Agent||No|
How much can we pay for your home?
It depends on a variety of factors including location, condition, type of property, demand and so on. Complete a few details on our quote form, and then we will assess your property and make you an offer.
How fast can I sell my home using your service?
We buy any house directly from owners cutting out any involvement from solicitors, property chains and the market in general. There is a chance we can conclude the purchase of your home within seven days. However, the typical timeframe involved in the purchase of residential property by other property buying companies or us is several weeks.
We aim to make a formal offer for your home within 24 hours of valuing it. Of course, no two house purchases are the same. Therefore this timescale can vary. In the vast majority of cases, however, you should expect to receive the proceeds of your house sale no later than 28 days from our initial offer. Also, the speed of offer you receive will depend on the details of your home and your current situation.
Selling your home in days, rather than weeks, might be necessary if your mortgage provider is threatening repossession. This shortened timescale may also be advantageous if the house of your dreams is available for a limited time.
In many cases, the real value of a property is what someone is prepared to pay for it. For example, take the value of a house advertised with a ‘High Street’ estate agent, the asking price is usually structured with the intention of the property being on the market for many months, or even longer.
The advertised value is not necessarily what the property is worth in today’s market. The vendor may have waited several months to attract a purchaser prepared to make an offer near to the advertised price.
Then the Estate Agent will recommend a series of reductions until buyers show interest. ‘High Street’ estate agents often inflate property prices to secure the vendor’s listing instruction, knowing they face competition from other agencies in the area. Sometimes the successful firm also like to leave a margin to be able to discount later.
At Flying Homes, we calculate the accurate, current market value of property, using real-time data of comparable sales activity achieved locally and recently. Plus, of course, our very sophisticated valuation software.
We will always make you the highest cash offer possible for your property right from the start. If, however, you believe you have been made a higher cash offer from a reputable competitor company, tell us, and we GUARANTEE to try and beat it!
There is some unscrupulous property buying companies who will initially offer a high price to secure your interest and then offer a lower price once you have agreed on a deal, usually at the point you are about to exchange and complete your sale. We believe this is a deceptive practice and do not condone it.
We support the OFT (Office of Fair Trading) in their efforts to stamp out these scams and close down the companies who practice it
Will it cost me anything for an offer? Are there any fees involved in selling my house to you and are there any “tie in’s” to stop me selling elsewhere?
No. We do not charge any fees or have any hidden costs throughout the entire process of selling your house. Regardless of your circumstances or how quickly you need us to buy your house, we will cover all the costs of conveyancing and solicitors. Some property buyers do charge fees for the likes of valuations etc., but we always provide our Valuation and Offer services free of charge to all customers, whether you use our services or not.
No upfront fees for selling your home and no costs if you decide against selling to Flying Homes.
Whether you want to sell your home to us, change your mind on selling or decide that another company is a better fit you’ll still not be charged in any way or at any time. Many other companies who buy homes will charge you a valuation fee right at the beginning of the process. While some return this fee when the sale completes, others won’t. It’s important to be wary of businesses that charge non-refundable, upfront fees in this way. These companies will promise you the earth to get your business, making them little more than home valuation services.
To prevent you selling your home to another company that buys houses fast, some UK house buyers will ask you to sign an option agreement. The option contract commits you to a lengthy agreement disallowing you from selling your property with another firm. However, at Flying Homes, we don’t tie you into any such arrangements. We want you to sell your home as quickly as possible, so we will never impose unreasonable restrictions.
We are a business of long-standing property professionals, with over 40 years of experience in the property industry. Our team of experts is always happy to chat and offer free property advice where appropriate.
We use sophisticated software to estimate the value of your home, together with current market information available within your area and data from Land Registry sold house prices. The data allows our team to make an accurate assessment of all types of UK property. We also have extensive experience and knowledge of all local property markets throughout the UK. Finally, our broad experience of purchasing UK property has made us industry leaders in this market.
We buy property all over the UK, including Northern Ireland and Scotland. We have a national team of property experts to help you complete all the necessary paperwork, once you are happy with everything.
We buy any house, anywhere, no matter what state. However, it is best to inform us of the status of your property right from the outset when requesting a valuation, that way we can give you an accurate ‘best offer’ first time.
Act now! We can help stop the repossession by talking direct to your mortgage company and let them know we are in a position to buy your property fast for cash. If your property is about to be repossessed, it may still not be too late for help. As we have cash in the bank, we arrange a solution that suits you and your creditors, but we do advise you to contact us as soon as possible.
As cash buyers for many years, we have learned over time that the quicker we can buy a property the happier everyone is. We have unlimited funds to invest in property, and as such we will make you an offer within 24 hours. After that, the entire process can take between 7 – 14 days to complete. That said, we are more than happy to discuss your individual needs, whether it’s a faster or a slightly slower sale you require, we will work to your specific timescale.
Our property buying process ensures that you don’t have to do any of the hard work that is usually involved in the sale of a home.
The process involves four simple stages:
1. We gather as much data on the property as possible.
We start the data gathering process by talking at length to the homeowner. We ask questions about the local area, its amenities and other aspects such as transport links. We then take the time to discuss the house in detail with the owner. We like to know about special features that might add value, as well as a brief history of the property.
We will then research the local market, which might include liaising with local estate agents and researching recent house sales using The Land Registry web portal. We collate and assess all of this information using our extensive experience in the property market, as well as sophisticated valuation software.
2. We provide an accurate valuation and a formal offer
We will give you an accurate appraisal report, which will include pertinent details about your property. At this point, we will make a fair offer that reflects the state of your property and the market. In most cases, this offer will arrive within seven days of your initial contact.
3. Accept our cash offer for your home
Once you have formally accepted our offer, we will conduct various checks and surveys to ensure the information you have provided is accurate. We never rush homeowners into making a final decision as we encourage all owners to obtain several quotes before deciding on the quick property buying company of their choice. We will never press you into accepting an offer, but we promise to beat any offer made by another established quick house sale service. Our offers are good for 30 days, so take your time before committing.
If I choose to sell my home to fast property buyers like you can I change my mind later on?
Selling your home fast is, by its very nature, a rushed process. We understand that decisions can sometimes be made in haste when there are extreme circumstances involved. The initial offer we make is on a no-obligation basis, so you don’t need to worry if your initial “yes” later turns into a “maybe”.
If you’re unsure about proceeding, we’ll be here to answer your questions honestly, and we will never pressure you into doing something you’re not entirely comfortable.
If I sell and need to change the moving out date, can I do this?
We offer complete flexibility when it comes to the timeframe for your house sale. We will adjust the process to suit your personal circumstances. We understand that things might change, so we are committed to being flexible about the completion date.
At Flying Homes, we pride ourselves on delivering the very best customer service on the market. If your circumstances change during the house sale process, we encourage you to contact us to discuss alternative arrangements. We only want to buy homes from owners when the arrangement suits both parties.
4. The legal stuff, completing the sale
One of the reasons homeowners choose to sell a house fast with us is to avoid the complex nature of legal and conveyancing issues. We do all of this work on behalf of the owners, and we cover all the costs it entails. We instruct solicitors, arrange the necessary paperwork and liaise with all the concerned parties. And of course, we will keep you updated as to the progress of your house sale throughout the process.
We are proud of our honest and fair approach when buying homes from their owners. However, some of our competitors do not share the same ethos. There are several quick sale scams to be aware of before you enter into the process of selling your home.
1. Inflated initial valuations from cash house buyers
Overvaluing property. Rogue companies may value your home at an unrealistic price simply to persuade owners to choose them over the competition. Once the proprietor has signed on the dotted line, which often involves a hefty valuation fee, the value changes at the last minute in some instances. An inflated estimate will also give the home buying company some room for negotiating a discount.
2. Last-minute offer reductions
Last minute price drop. There have also been several cases of quick house sale companies reducing their offer just before completion. These disreputable firms do this in the hope that the owner will accept the reduced offer, given that the process is so close to its conclusion.
Homeowners use quick house sale companies such as Flying Homes for a broad range of reasons. Here are six of the most common:
Getting a new job, retiring or starting a new relationship can sometimes involve relocating to a different part of the UK at short notice and needing to sell your house fast. We can buy your house quickly, so you can concentrate on making last-minute arrangements for your future.
2. Possible repossession
As well as being highly stressful, repossession adversely affects a person’s credit rating. Individuals threatened with repossession and who have no method of paying their arrears use property buying companies to free up the cash they need in a hurry.
3. Liquidating assets
Whether you’re a property investor or just a homeowner in need of some quick cash, we can help you to liquidate your assets for your next venture.
4. Inherited property
Inheriting a property is not always a straightforward affair. You may have inherited tenants too, or the upkeep of the house might be something you’re keen to avoid. You can sell the property without the fuss by turning to a quick house sale company like Flying Homes.
5. Divorce and separation
Divorce and separation usually involve the division of assets, which is something that can be time-sensitive in many break-ups. Selling a home can be hard and is one of the most stressful events in life which is why people turn to quick house buying companies for help.
6. Extensive repairs are required
Often, homeowners who don’t have the time or money to carry out essential repairs on their property face an impossible situation. However, by selling the property quickly in its current condition, an owner can avoid that expense and receive a fair market price in the process.
We don’t have a typical type or price bracket of properties that we purchase. We will be interested in your property whether it’s a flat, mid-terraced, semi-detached, bungalow, or detached house – we will ALWAYS make you our best offer.
A cash buyer means just that. We have unlimited funds available to buy any property immediately without having to wait for a mortgage or other types finance that can lead to further delays
One of the questions that most house sellers want to know the answers to is ‘how long will it take to sell my home at the best possible price?’
The answer is to follow these simple steps:
- Get an approximate value of your home using our free property valuation tool
- Deal with a property buyer who can buy fast and preferably with cash in the bank, such as Flying Homes
- Before anyone inspects your home, carry out simple maintenance jobs or improvements and de-clutter
- Find out the amount outstanding on your mortgage, including any secured loans. These will be needed when it comes to selling your house quickly
- Work out your selling time-scale and get a moving date in mind
Yes, you can. Our good reputation rides on our professional, honest approach. Take a look at the number of Facebook Likes we have accrued over the years – and review some of the testimonials we’ve received also. Naturally, we can’t guarantee that our service is right for everyone, but we can promise that our service is the fastest and fairest available with the highest possible offer, in the quickest time. Call us, text us, or fill out our form and see for yourself.
More and more vendors are using online estate agents to streamline the process and cut costs speeding things up a little, but not nearly enough for many people. You can also sell your home privately without the help of an agent, but there will still be various legal issues to contend with and a possible property chain.
For most homeowners, the process of finding a house buyer and selling their home takes around three months. Even selling at Auction, where you have a guaranteed sale on the da,y may not be quick enough, as it can take a couple of months from approaching an Auctioneer, getting your home listed in the Auction, and watching the hammer fall.
But if the bank is threatening repossession or the purchase of your dream home relies on the sale of your existing property, this may not be fast enough.
Flying Homes cuts out the time-consuming processes of marketing, property viewings, price negotiations and conveyancing. Just accept our offer — we’ll take care of all the administration and legal processes.
Alternatively, call 0800 68 99 420.