Cash House Buyers
in London
- Free Cash Offer
- No Hidden Fees
- Sell In Your Own Timeframe
London is one of the most exciting places in the world to buy and sell property
It doesn’t matter where you live in the city, there will undoubtedly be lots of options available to you when the time arrives to sell your house. You may have reached this decision to sell for a variety of reasons – for example, because utility bills are too pricey in London, or because you aren’t fond of your local neighbourhood.
Unfortunately, it isn’t always guaranteed that you will find a suitable buyer in London. The high prices across the city means that most people cannot afford to purchase there. If you are keen to move in a hurry, then this can be a problem.
Sold.co.uk offers a solution for all London homeowners.
When you sell directly to Sold.co.uk, you can utilise our cash house buying service.
This means that you can complete the sale of your London property within 7 days – and have the funds in your account 24 hours later. You will be able to:
- Guarantee a quick sale
- Avoid legal fees and estate agent’s commission
- Get a fair price for up-front cash
- Ensure you don’t get stuck in a property chain
- Keep more of the final sale price
Hundreds of homeowners across the city have trusted us with a speedy, stress-free purchase of their property. By contacting Sold.co.uk today for a free, no-obligation valuation, you can get the house sale you’ve always wanted.
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What’s the property market like in London at the moment?
However, this changes in different neighbourhoods – for example, the typical time in Barking is 115 days, whereas in South Kensington this rises to 298 days.
Sold.co.uk can purchase your house within 7 days, meaning that you can sidestep the several months of waiting around for a sale to go through.
House prices are another figure that varies depending on your location within the city, too.
For example, in Dagenham, the average house price is £368,903, while in Kingston upon Thames, the mean figure is much higher, at £840,065.
When you sell your London property to a cash house buyer, you will receive below the typical market value, but you will also be able to avoid the heavy expenses of legal fees and estate agent’s commission. This means that the final total that goes in your pocket is often not much different to selling on the market.
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How will Sold.co.uk help you sell for cash in London?
Sold.co.uk has all the funds needed to pay for your London property up-front. This means that we are not waiting around for other people to approve our funding request, or for other people in a property chain to complete their respective deals.
We are a completely chain-free buyer.
Wherever you live in London, our experts can come out to visit your house and make an accurate valuation. It is entirely up to you whether you accept this offer or not.
By using our cash buying service, you can sidestep the hundreds of inefficient estate agencies across the city and get the funds in your account within 24 hours of exchange.
Reach 98% of all active buyers...
Who may need a cash house buyer in London?
A cash house buyer has proven extremely useful for thousands of people across London. There is a wide range of scenarios in which you could benefit from this service.
If you have recently gone through a divorce or separation, and you and your ex-partner want to sell your shared London house, then a cash house buyer can give you both a ‘clean break’ by completing the sale within a week.
Lots of people in London have turned to a cash house buyer when they are frustrated by the slow, impersonal service of many estate agencies in the city. There are currently over 7,000 estate agencies across London according to recent reports, but you won’t receive a quick sale or a chain-free buyer using the vast majority of these companies.
On the other hand, Sold.co.uk can give you an outstanding house-selling experience.
You might turn to a cash house buyer if a previous offer on your property has been withdrawn at the last minute.
If you have just been gazundered, and you feel frustrated about it, then finding an instant replacement can save you time, money and stress.
Sold.co.uk can fill the shoes of your previous buyer and complete in a timeframe that works best for you.
You could also find a cash house buyer preferable if you have inherited a house through probate, or if your property is currently tenanted. Both of these scenarios might make your house difficult to sell on the open market – but Sold.co.uk will buy any house, in any condition.
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How does a cash buyer value my property?
Once you fill in an enquiry form, a member of our team will contact you about arranging a free valuation for your property in London. In most cases, we will arrange a time to visit your house in-person, but will also use online platforms to help us, such as Rightmove Plus or the Land Registry.
You will receive a valuation for your London property, and it is then your choice whether you accept the offer or not.
You are not obligated to do so – and you can take some time to consider your options before making a decision.
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Warning signs to look out for when using a cash house buyer
As one of Europe’s largest cities, London has dozens of people posing as cash house buying companies – but unfortunately, many of these are not as legitimate as they seem.
You should therefore keep an eye out for red flags that may suggest that a cash buyer isn’t trustworthy.
Firstly, a reliable cash house buyer will always be willing to show you proof of funding. If they take a long time to provide it, or refuse altogether, then you shouldn’t trust the company.
You should also check the cash buyer’s online reviews, to see what past customers have said. If they have lots of positive feedback, from dozens of independent people, then this could be a positive sign – especially if the reviews were made by people living in London.
On the other hand, if they have lots of negative reviews – or no reviews altogether from customers living in the capital – then you should be cautious about working with them.
In an ideal world, any cash house buyer you use will be a member of the National Association of Property Buyers or the Property Ombudsman Scheme.
There are plenty of other small steps you can take to confirm the legitimacy of a cash house buyer in London. Visiting their Companies House page to look at their trading history is a worthwhile idea.
Similarly, calling their office number to ask any questions, or looking at their London offices online, are also excellent ideas.
Which areas of London have grown in property value?
Most parts of London that are generally considered the most ‘affordable’ are the ones that have experienced the greatest increases in property value over the past 12 months.
Waltham Forest, Barking & Dagenham, Newham, Bexley, and Havering are amongst the areas that have seen the highest growth over the past decade.
In fact, despite 2023 and early 2024 being such a challenging time for London’s property scene, these areas have consistently grown in value.
Meanwhile, many of the more expensive parts of the city have seen price reductions over the past year. Kensington & Chelsea, Fulham, and Wimbledon have all had a difficult year for homeowners.
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Frequently Asked Questions About Cash House Buyers in London
Can you trust a cash offer for a house?
Yes, you can trust a cash offer in London from Sold.co.uk. We are proud to be one of the capital’s most trustworthy, reliable cash house buyers. We will purchase your London house in any condition.
Can I sell my house for cash in London?
Yes, you can sell your house for cash in London to Sold.co.uk. We are a cash house buyer that will purchase your London property in any condition, for an up-front cash payment.
Should I use a cash house buyer to sell my home in London?
Using a cash house buyer is an excellent solution for plenty of homeowners in London. If you want your sale to be completed quickly, or want to sell a house that would not typically be accepted on the open market, then using Sold.co.uk is a great solution.
How much do cash house buyers pay for houses in London?
Reliable cash house buyers like Sold.co.uk will offer slightly below the typical market rate for your London property. If a company offers no lower than the house would sell for on the market, then it is not a trustworthy organisation, and you should be cautious.
Although the offer you receive will be slightly below market value, Sold.co.uk will also cover your legal fees, and won’t take a commission on the sale. This guarantees that a greater percentage of the sale price goes into your bank account, compared to a typical estate agency.
Can cash buyers fall through in London?
When you sell your London house to Sold.co.uk, the deal will not fall through, because we have all the funds needed in-house to buy your property. We are not reliant on anyone else to complete the deal.
How long does it take to sell to a cash buyer in London?
Sold.co.uk can complete the purchase of your London house within 7 days of your initial enquiry. We can also buy your property in a timeframe that works best for you – so however quickly or slowly you need the deal to be done, Sold.co.uk can make it happen.
Is a cash buyer better for a house in London?
Cash house buyers are a great option if you need funds quickly, or simply want to avoid the stress and hassle that’s involved with property sales ‘on the market’. With selling times in some parts of London being extremely slow – for example, almost 300 days in Kensington – a cash buyer can often be ideal.
Do cash buyers need a solicitor in London?
Conveyancing is required in all property sales in England, wherever you are in the country. When you sell to Sold.co.uk, our in-house conveyancers will handle all of this for you. This means that you don’t have to pay legal fees, and all the money from the sale of your London property goes directly to you.
How does London property compare to England property?
Property prices in London are much higher than the average price across England and the UK. This is generally because salaries in the capital city are higher, which means that people can afford to pay larger sums.
The average house in London costs £716,000, while across the entire UK, it is £286,000.
Should I sell now in London?
Some economists expect house prices to decrease in many areas of London throughout early 2024. This is largely due to rising interest rates and mortgage rates. Therefore, now might be the perfect time to sell.
What commuter towns are there for London?
London is surrounded by suburbs, where hundreds of thousands of people (if not more) commute from every day. Some of the most popular commuter towns include Brentwood, Watford, Epsom, Slough, Guildford, Romford and plenty more.
Read More About Working With Cash House Buyers in London
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