No estate agency, legal, EPC or any other fees to pay
Kindly fill in our simple form or leave us a message via 0800 044 3733.
We will call you to have a no obligation discussion about your current situation, provide a free market valuation and explore whether a quick sale really is the best option.
Property Solvers is regulated by the following institutions and initiatives so we can ensure that our clients are protected throughout the fast sale process:
Here to Help
We are experienced property professionals and landlords that pride ourselves in offering our clients up-front advice on the best option prior to discussing any formal offer.
Your enquiry will be dealt with in the most appropriate manner and, should you wish to sell with us, we guarantee to provide buyers who have the financial resources to purchase quickly without any of the hassles of an open market sale.
We firmly believe that selling should be a stress-free process and have experience of helping property owners in the following situations:
How We Work
It is important that any fast home buyer you approach will ensure your finances are legally protected during the course of the transaction. We have listed below the main organisations and initiatives that regulate our day-to-day activities. Please feel free to request our company credentials and/or certification by e-mailing firstname.lastname@example.org or leaving us a message via 0800 044 3733 (lines are open 24/7):
The Property Ombudsman is a UK government-approved organisation principally focused on providing better consumer protection. The organisation has verified our business practices and we adhere the Code of Practice during the fast property sales process. This ensures that, should there be any issues that you are not satisfied with, your concerns will be heard in the fairest possible manner.
Property Solvers is an approved trader under the Consumer Codes Approval Scheme (CCAS). Membership of this body reassures clients that our fast property buying processes are factually correct, clear and well-understood.
As members of the National Association of Property Buyers (NAPB), we work with other industry professionals to commit to the highest possible standards of fairness and transparency. The aim of the organisation is to enable members build fair, open and honest businesses whilst helping home sellers take the stress out of the property sales process.
Property Solvers has ensured that your details are 100% secure under the Data Protection Act (1998) by registering our company with the Information Commissioner's Office. Registration ensures that we will fully respect your privacy and only pass on your details with your full consent.
Property Solvers' operational activities have been certified by the HMRC Money Laundering Regulations to ensure that any funds passed through our fast property transaction procedures are fully protected by law. We also adhere to Chapter 5 of the Know Your Customer (KYC) Guidance established by the Joint Money Laundering Steering Group (JMLSG).
Frequently Asked Questions (FAQs)
- How long has Property Solvers been established?
Property Solvers Limited was created in 2005 as a simple website for property sellers in search of fast solutions. Today, we work with all types of property owner from those struggling to sell on the open market, people who only want a private sale as well as overburdened landlords, commercial property vendors, developers and landowners. The Directors have over a decade of experience working as professional landlords and are confident about finding a fast, workable solution to any property related problem.
- Can I check your Company's background?
Yes, you can search for us on the Companies House website (our company number is 05878362) and also look up our details and approved credentials on the Property Ombudsman, National Association of Property Buyers (NAPB), UK Trading Standards, Information Commissioner's Office and HMRC Money Laundering websites. Please also feel free to request any certification and/or contact details for these organisations via email@example.com or leaving us a message via 0800 044 3733 (lines are open 24/7). We take our reputation very seriously and ensure that any concerns will be addressed quickly.
- Do you buy properties in all parts of the UK?
Property Solvers principally focuses in England and Wales. However, we do have associates that operate in a similar way to us in Scotland and Northern Ireland. If your property is located in these areas, please feel free to get in touch and we can make the necessary connections.
- Is Property Solvers an Estate Agency?
Yes, however not in the traditional sense of the word. While we do fully comply with all the relevant legislation that governs the UK Estate Agency industry, as well as being fast property buyers ourselves, we choose to only work with a selected group of professional investors across the UK who understand that speed is of the essence. This means that we can offer our clients a personalised, streamlined service whereby we can guarantee to work within very strict timelines (exchanging contracts in as little as 7 days, should it be necessary).
- Would it not be easier to sell through a local Estate Agency?
Many people who contact our service have marketed their property through a local agent, auction house or other buying/trading service. Generally speaking, selling a property is often dependent on local market sentiment and there are a number of seasonal differences that can influence how quickly things progress. Whilst the sales times vary from region to region, 10-12 weeks is not an unusual expectation from listing to completion with both on and offline Estate Agents (a situation that can be further complicated if the buyers are in a chain).
During our initial conversations, depending on your own circumstances, we will advise whether it would be worth waiting to ensure that you can achieve better value and also recommend some local agents with good reputations. Should you decide to sell through Property Solvers, a much faster sale is guaranteed as we largely work with cash buyers who can exchange contracts very quickly regardless of market conditions and the time of year. As professional property buyers, we aim to offer a more personal service that truly understands your circumstances and advise on the best course of action (even if that means selling through one of our competitors).
- How long will the sale realistically take?
As cash buyers, we are able to offer a fast-tracked buying process with no chain meaning that on average we are able to complete in 3-4 weeks. Should it be desired, working with our associated lawyers, we are able to exchange and complete in as little as 7 days - a process that does require all parties to be proactive. If you are in an extremely urgent situation (for example, facing eviction), we will be able to exchange contracts in 24 hours. There will be some extra legal costs which we will naturally cover.
- Can Property Solvers show proof of purchase funds?
In most cases, yes. Should we be working with an associated investor we will be able to demonstrate proof of funds prior to commencing the conveyancing process and ensure that you are completely comfortable with how the transaction will proceed.
- How is the sale through Property Solvers guaranteed?
Property Solvers can provide you with a guaranteed sale suited to your timescales by means of a written confirmation from our solicitors and much faster exchange of contracts. Our purchase prices are at between 15-35% of the market value, depending on the condition of the property — however, we will not make any kind of offer until we are sure that you have explored all possible options. There are no estate agents, legal, Energy Performance Certificates (EPCs) or other related fees to pay and will be in regular touch to update with the progress of the transaction, ensuring that you and any co-owners are fully in control.
- I am being threatened with repossession - what should I do?
Please do not panic.
It is important to remember that in most cases mortgage lenders do not want to repossess properties. We always stress that it is important to communicate regularly with your lender and be completely honest about your situation. In our experience, they are usually willing to cooperate and work with homeowners as long as their long-term interests are protected. This means that you may not have to sell at all (unless you want to).
Please note that, whilst we are not lawyers and strongly recommend seeking qualified and independent advice, we are happy to provide you with our experience and knowledge of stopping the respossession process - even if we are not purchasing your property. However, our ability to communicate with lenders on your behalf is usually restricted by Data Protection laws.
Should you still wish to sell, Property Solvers will ensure that our purchase price offer is made quickly and we will present proof of purchasing funds where required. Provided that you are entirely comfortable to move forward with us, we will then arrange for the survey and conveyancing procedures to start. We will work with our specialist team of solicitors and inform your lender of a set date for completion.
If you are in a position where the lender has set an eviction date, our solicitors can still halt the proceedings - arranging an emergency court hearing to clarify matters to the Judge. The objective here will be to delay any eviction date so that the completion of your property sale can be concluded. Should the Judge refuse an extension, the Property Solvers buyer will be able to undertake a 48 hour exchange agreement (which will be drawn up by your solicitor). Note that we will pay for all the associated legal fees in any such circumstances.
- I am a landlord / lady looking to sell. How can Property Solvers help?
Many private landlords / ladies were surprised to hear about the implications of section 24 of the Finance Act 2015, effectively restricting mortgage interest relief on personally owned properties. As a result, in addition to the various regulatory changes, the number of buy to let property owners with unfeasible business models is likely to increase and many are considering releasing the equity rather than remain in the market.
Upon our initial conversation, we will spend time exploring whether there are any other options available, particularly if you wish to retain the rental properties you own. As landlords ourselves, we would be happy to put you in touch with reputable accountants and tax advisors as there may be a relatively simple solution that could mitigate any impending risks - meaning that you may not have to sell at all.
Should you still wish to move forward, as with any other transaction, we can guarantee a fast sale and cover all associated fees whilst ensuring that the rights of any tenants in the property / properties are fully protected. Please note that we can also purchase portfolios of various sizes, HMOs and mixed-use properties within an equivalent timeframe.
- How can I be sure that the price will not be dropped at the last minute?
We pride ourselves in providing an up-front and honest service. Prior to viewing the property, we will usually provide an approximate purchase price either over the phone or face-to-face. This will be followed by a firm and written confirmation once we have engaged in a full fact-find - a process that we undertake very quickly, often without even visiting the property. Should you and any co-owners be in agreement with this offer value, we will only discuss an alteration in price prior to the exchange of contracts should it emerge that there are serious issues that have not been disclosed. Examples of such problems include subsidence, flooding history, Japanese Knotweed. However, in our experience, situations like this are very rare.
- Can the sale be kept confidential?
Yes, we understand that you may wish to sell the property discreetly and will work to your timescales and specific requirements so we can ensure that the sale progresses smoothly without the need for sales boards or other open marketing methods.
- Will my details be kept privately?
As signatories of the Information Commisssioner's Office we are obliged to protect the details of anyone that contacts our service (under the Data Protection Act 1998). On the very rare occasion that we do need to pass on your details to another party (such as a debt counsellor or other qualified advisory service) we will confirm that you would be happy for us to do so.
- Does selling through Property Solvers always mean below the market value?
Our offers are based on a range of factors relating to the condition, location and current market behaviour. Investors do tend to take a different view on value in comparison to what an Estate Agent or local market hearsay would perceive. For example, it is important to look at what properties similar to yours have actually sold for (at the Land Registry) as opposed to the asking price advertised in Estate Agency windows or portals such as Rightmove or Zoopla.
With the mortgage lenders becoming increasingly stricter and many arguing that the UK market is reaching its peak, many sales are falling through. Investors, however, are normally cash-rich individuals that like to purchase outside of the mainstream marketplace. Operating as a business, there are various risks in owning investment property such as differing tax rules, regulatory requirements and market changes not to mention the expenses of ongoing maintenance, repairs, void periods and other legal requirements. The prices we offer reflect these risks and achieving an industry standard level of profit.
It is worth adding that, as cash buyers, we are able complete on purchases very quickly meaning that you will avoid the 'holding' expenses such as ongoing mortgage payments, insurance and household bills that you would normally have to cover whilst waiting for a conventional sale to complete. Selling through Property Solvers also means that there will be no pre/post-sale Estate Agency commissions, legal or EPC costs to pay.
Whilst not applicable to every situation, should your property have attached land and/or scope to extend or convert, we may well be able to offer a very competitive price and potentially discuss future profit sharing.
- Can you put me in touch with people that have previously used your service?
Yes, we have a number of satisfied former clients who can provide written and verbal testimonials.
- I still have other questions?
We welcome any further questions and queries by filling our simple form, contacting us by e-mail firstname.lastname@example.org or leaving us a message via 0800 044 3733 (our lines are open 24 hours / 7 days a week).
Please note, by entering your details you are not committed to sell your property and we completely understand that you may merely be making enquiries whilst contacting other fast buying companies.