Propertysolvers.co.uk Reviews

After careful evaluation of Propertysolvers.co.uk, We give it a Trust Score of 3.8 out of 5 stars. The platform presents itself as a comprehensive solution for property sales in the UK, offering three primary avenues: quick cash sales, property auctions, and traditional estate agency services. While the website clearly outlines its processes, fees (or lack thereof for cash sales), and boasts numerous positive testimonials, several aspects warrant a closer, more critical look for those seeking to make informed, ethical decisions.

Overall Review Summary:

• Business Model: Hybrid estate agency model offering quick cash sales, property auctions, and traditional estate agency services.
• Speed of Sale: Advertises cash sales completed in 7-28 days, auctions in 2-3 weeks, and estate agency sales in 2-3 months.
• Fees:
  • Quick Cash Sale: Advertised as 0% fees, with legal fees and disbursements covered by Property Solvers. Cash advances available.
  • Property Auction: 1.5% + VAT fee (minimum £1,500 + VAT), reservation fee paid by buyer.
  • Estate Agency: 1.95% + VAT fee (minimum £1,500 + VAT), no sale, no fee.
• Property Types Handled: Residential, commercial, mixed-use properties, land, including those with issues like structural damage, Japanese Knotweed, legal encumbrances, and tenanted properties.
• Geographic Coverage: Primarily England, Wales, and Scotland, with associates in Northern Ireland.
• Regulatory Compliance: Claims approval by The Property Ombudsman (TPO), National Association of Property Buyers (NAPB), Trading Standards (TSI), Anti-Money Laundering Regulations, and PropertyMark under NAEA.
• Transparency: Provides detailed FAQs addressing common concerns about legitimacy, hidden costs, and processes. Offers proof of funds for cash purchases.
• Pricing for Cash Sales: States offers are typically between 75-80% of the open market value. This is a significant point, as it means sellers are accepting a notable discount for speed and convenience.
• Customer Reviews: Features numerous testimonials on the site, with links to external platforms like Reviews.co.uk, Google My Business, and Trustpilot.
• Key Missing Information:
  • Specifics on Cash Advance Terms: While cash advances are mentioned, the specific terms, repayment structures, or any associated charges are not explicitly detailed on the homepage.
  • Detailed Legal/Conveyancing Process: While they state they cover legal fees, a more in-depth, step-by-step breakdown of the conveyancing process from their end could enhance clarity.
  • Company Structure and Ownership Beyond LinkedIn: While a LinkedIn profile for a director is linked, further clear and direct information about the company’s full legal structure and all directors is not immediately visible on the homepage, which can be a red flag for transparency. Reputable companies often have a dedicated “About Us” page detailing their team and corporate registration.
  • Physical Office Address: While a London base is mentioned, a specific physical office address is not prominently displayed on the homepage. This is crucial for establishing trust, as a verifiable physical presence offers accountability.
  • Full Disclosure on Data Usage (beyond basic GDPR): While cookie settings are present, more granular detail on how user data from valuations and inquiries is stored, shared, and used beyond direct service provision would be beneficial for privacy-conscious individuals.
  • Clearer Breakdown of Auction/Estate Agency Fee Minimums: While the percentages are given, the minimum charge of £1,500 + VAT could be more prominently displayed alongside the percentage rates to avoid surprises for properties with lower values.

Propertysolvers.co.uk positions itself as a practical solution for those looking to sell property quickly and efficiently in the UK. They offer a diverse range of services, catering to different seller needs – from immediate cash offers for problem properties to traditional estate agency services for maximising market value. Their emphasis on speed, convenience, and covering legal fees for cash sales is a strong draw. The website’s design is straightforward, providing easy access to information and a clear call to action for postcode-based valuations. The presence of numerous customer testimonials and affiliations with regulatory bodies like TPO and NAPB aims to build trust and legitimacy. However, the inherent nature of a “we buy any house” service, even one as seemingly transparent as Property Solvers, often involves a trade-off: speed and convenience for a discounted price. The explicit mention of offers being between 75-80% of market value for cash sales confirms this, aligning with typical industry practices for quick buy companies. This discount, while openly stated, is a critical factor for sellers to weigh against their financial needs and time constraints. For those who prioritise a swift, guaranteed sale without the typical market hassles, this model can be appealing, especially for properties that might struggle on the open market due to condition or legal issues. However, for sellers aiming to achieve the maximum possible market value, the auction or estate agency routes, while potentially slower, are presented as more suitable. The site also makes an effort to differentiate itself from less reputable “we buy any house” firms by highlighting its long establishment (since 2005), direct cash funds, and commitment to not dropping prices at the last minute. The readily available FAQs cover a wide array of potential seller questions, demonstrating an attempt at comprehensive transparency. Nevertheless, the absence of an easily accessible, distinct “About Us” page detailing the full company structure and key personnel, beyond a LinkedIn link, is a notable omission for a business operating in such a significant financial sector. For consumers, having readily verifiable information about who is behind the operation is paramount. A physical address also adds a layer of accountability that seems to be missing from the immediate homepage view. While not inherently problematic, these omissions can raise questions for the meticulous enquirer.

From an ethical standpoint, particularly within an Islamic framework, dealing in property sales as a service provider (like an estate agent or auctioneer) is generally permissible, provided the transactions themselves adhere to Islamic principles. This means avoiding interest-based lending (riba), engaging in honest and transparent dealings, and avoiding any form of deception (gharar). Property Solvers’ emphasis on transparent pricing, regulated services, and avoiding hidden fees for cash sales is a positive. However, the “cash advance” feature, while seemingly convenient, would need careful scrutiny to ensure it doesn’t involve any interest (riba) or unjust conditions that could be considered exploitative. Similarly, any element of ambiguity in contractual agreements (gharar) should be avoided. The site’s claim of not dropping prices at the last minute is crucial for maintaining trust and avoiding exploitation, which is a significant ethical concern in property transactions. For alternative solutions, direct, honest, and interest-free dealings are always preferred.

Best Alternatives List (Ethical Property Sale Solutions in the UK):

1. Traditional High Street Estate Agents

   • Key Features: Local expertise, in-person service, professional marketing (photos, floorplans), negotiation on your behalf, accompanied viewings. Often have established local buyer networks.
   • Average Price: Typically 1% – 3% + VAT of the final sale price.
   • Pros: Aim to achieve the highest possible market value, personalised service, local market knowledge.
   • Cons: Can be slow (average sale time often 3-6 months), fees can be high, reliance on buyer mortgages can lead to chain breaks.

2. Online Estate Agents (e.g., Purplebricks)

   • Key Features: Fixed fees, online property management portal, professional photography, listings on major portals (Rightmove, Zoopla), direct communication with buyers.
   • Average Price: Fixed fees ranging from £999 – £1,500+, with optional extras for viewings or premium listings.
   • Pros: Cost-effective, greater control over the process, wider online reach.
   • Cons: Less personalised service, you may need to conduct viewings yourself (unless paying for an add-on), negotiation is often on you.

3. Online Property Auction Platforms (e.g., SDL Property Auctions)

   • Key Features: Fast sale with fixed timelines (often 28 or 56 days), buyer pays a non-refundable reservation fee, online bidding process, wide marketing reach.
   • Average Price: Seller fees typically 0% if the buyer pays the reservation fee and premium, but may involve legal pack costs or specific seller fees (e.g., 1.5% + VAT for traditional auctions).
   • Pros: Speed and certainty of sale, transparent bidding, good for unique or problem properties.
   • Cons: Property may sell for less than open market value, competition can be fierce, potential for higher buyer costs.

4. Local Property Developers/Investors (Search for local property development companies)

   

   • Key Features: Often cash buyers, quick completion, willingness to purchase properties in any condition (including derelict or those needing significant refurbishment).
   • Average Price: Offers typically 70-85% of market value, similar to “we buy any house” companies, as they need to account for development costs and profit.
   • Pros: Very fast sale, no fees for the seller, hassle-free for properties requiring extensive work.
   • Cons: Significant discount on market value, less formal process than regulated companies, requires due diligence on the buyer’s legitimacy.

5. Property Management Companies (for tenanted properties) (If selling with tenants, some specialized property management firms also buy)

   • Key Features: Specialise in acquiring properties with existing tenants, handle all legal aspects related to tenancy transfer, quick sale.
   • Average Price: Market value dependent, potentially a slight discount for the convenience of taking on existing tenancies.
   • Pros: Ideal for landlords looking to exit quickly without disrupting tenants, expertise in legalities of tenanted sales.
   • Cons: Niche market, may not be suitable for all property types, offers might reflect the complexities of existing tenancies.

6. Professional Property Buying Companies (Focus on Ethical Operation)

   • Key Features: Regulated (e.g., by The Property Ombudsman), transparent cash offers, often cover legal fees, emphasis on honesty and speed.
   • Average Price: Offers typically 80-85% of market value.
   • Pros: Fast, guaranteed sale, no fees, adherence to industry codes of conduct provides a layer of protection.
   • Cons: Still involves a discount compared to open market sale, less personalised than a local estate agent.

7. DIY Property Sale Platforms (e.g., Gumtree/Online Classifieds)

   • Key Features: Advertise your property directly to potential buyers, no agency fees, complete control over the listing and viewing process.
   • Average Price: Free to list, but may incur costs for premium advertising or legal support later.
   • Pros: Zero agency fees, full control, potential to achieve full market value if you find the right buyer.
   • Cons: Requires significant time and effort, managing enquiries and viewings can be demanding, legal process needs independent handling, higher risk of “time-wasters.”

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on our research and information provided by the company. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Propertysolvers.co.uk Review & First Look

When you land on Propertysolvers.co.uk, the immediate impression is one of efficiency and directness, which, frankly, is what most people are looking for when selling property. They throw their phone number at you right away – a Freephone 0800 044 3696, available 24/7. That’s a strong start for accessibility. The core message is clear: “Sell Your House Fast.” They then quickly pivot to outlining their three distinct services: Quick Cash Sale, Property Auction, and Estate Agency. It’s like they’ve thought, “Alright, you want options? Here they are, clearly laid out.”

Understanding Their Value Proposition

• Speed is King: The recurring theme across all services, particularly the “Quick Cash Sale,” is speed. They promise completions in “7-28 Days” for cash sales, which is incredibly fast in the UK property market.
• No Hidden Fees (for cash sales): For the cash purchase route, they explicitly state “No Legal or Estate Agents Fees,” which is a massive draw. This cuts down on the traditional costs that can eat into a seller’s profit.
• Diverse Solutions: The “hybrid estate agency model” is their answer to the varying needs of sellers. Not everyone needs or wants a cash sale, so offering auctions and traditional estate agency services covers a broader market.

Initial Impressions of Transparency

The website uses clear, concise language, avoiding excessive jargon. They immediately address a major concern with “we buy any house” companies: the dreaded price drop. Propertysolvers explicitly states, “There is no down valuation of the price at survey and we guarantee not to break the chain.” This is a bold claim and, if consistently upheld, speaks volumes about their integrity. They also mention that they pay between 75-80% of the open market value for cash sales, which, while a discount, is upfront and transparent, rather than a nasty surprise later. This kind of directness is crucial in an industry often plagued by opacity.

Regulatory Affiliations and Trust Signals

A key aspect of building trust in the property sector is regulatory compliance. Property Solvers list several approvals:

• The Property Ombudsman (TPO): This is a critical one. TPO provides an alternative dispute resolution service for consumers and property agents, including direct house buying companies. Their membership implies adherence to a code of conduct.
• National Association of Property Buyers (NAPB): Another important affiliation, as NAPB works to raise industry standards and dispel negative perceptions about quick home-buying.
• Trading Standards (TSI): General consumer protection.
• Anti-Money Laundering Regulations: Standard legal compliance for financial transactions.
• PropertyMark under NAEA (National Association of Estate Agents): Relevant for their estate agency arm, showing adherence to professional standards for estate agents.

These affiliations are strong trust signals, indicating that the company operates within established industry guidelines and is accountable to third-party bodies.

What’s Immediately Apparent and What’s Not

The homepage clearly highlights their services, benefits, and provides a direct entry point for getting an offer. What isn’t immediately prominent, and would add another layer of trust, is a clear “About Us” page detailing the full company structure, key personnel beyond a single director’s LinkedIn link, and a specific physical office address. While their WHOIS data shows they’ve been registered since 2006, and they claim “almost 20 years experience,” a more explicit and easily navigable section outlining their corporate identity would be beneficial. Furthermore, while cash advances are mentioned, the specific, intricate terms governing these advances aren’t detailed upfront, which is a point for potential deeper scrutiny. D6den.co.uk Reviews

Propertysolvers.co.uk Features

Propertysolvers.co.uk offers a suite of services designed to provide flexibility for property sellers in the UK. Their “hybrid estate agency” model is the cornerstone, allowing them to cater to different timelines and price expectations. This multi-pronged approach is a significant feature, moving beyond a simple “we buy any house” model.

Quick Cash Sale Service

• Speed and Security: This is the flagship feature. Property Solvers promises to buy homes for cash, completing sales in as little as 7-28 days. This speed is crucial for sellers facing tight deadlines, financial urgency, or wanting to avoid traditional market delays.
• No Fees for Seller: A major attractive point is that they cover “no legal fees or sales commission payable.” This means the offer you receive is the amount you get, minus any existing mortgage or debts on the property.
• Guaranteed Offer: They state, “We will make you an offer which is what you will receive within a time frame that you decide.” This eliminates the risk of price reductions after surveys or last-minute chain breaks, a common frustration in the UK property market.
• Cash Advances: For extreme urgency, they can provide a “cash advance” upfront at the exchange of contracts, with the remainder paid on completion. While convenient, the precise terms of these advances should be thoroughly understood by the seller.
• Problem Property Solutions: They specialise in buying properties in “any condition,” including those with structural issues, fire damage, Japanese Knotweed, or legal encumbrances. This makes them a viable option for properties that would struggle on the open market.

Property Auction Service

• Secure Offer in 2-3 Weeks: For those seeking a quicker sale than traditional estate agents but aiming for a better price than a direct cash sale, their fully-regulated auction service aims for a secure offer within 2-3 weeks.
• Buyer-Paid Reservation Fee: A key feature here is that the “Reservation fee paid by buyer within 21 days.” This provides a strong commitment from the buyer and reduces risk for the seller.
• Broad Exposure: They list properties on major portals like Rightmove, Zoopla, and Prime Location, ensuring wide visibility to potential bidders.
• Vetted Bidders: Property Solvers claims to have “Strict vetting processes to draw in serious bidders,” aiming to reduce time-wasting and ensure genuine interest.
• Fixed Fees: The fee for this service is 1.5% + VAT, with a minimum charge of £1,500 + VAT. This fixed structure offers cost predictability for sellers.

Estate Agency Service

• Sell in 2-3 Months for Best Price: This option targets sellers who want to achieve the “best possible price” and don’t mind a slightly longer sales process compared to cash or auction options.
• Full Market Value Aim: Unlike the cash sale, this service aims for 100% of market value.
• No Tie-in Contracts: They offer flexibility with “No tie-in contracts (you’re free to leave whenever you wish).” This is a significant advantage over many traditional estate agents who lock sellers into lengthy agreements.
• “No Sale, No Fee”: This industry-standard practice means sellers only pay if the property successfully sells, reducing financial risk.
• Comprehensive Support: They manage the sale from start to finish, including 24/7 support, accompanied viewings, and a focus on securing “serious offers… within days.”
• Competitive Fees: The fee for their estate agency service is 1.95% + VAT, also with a minimum charge of £1,500 + VAT.

Market Insights Tool

• Local Data Access: Property Solvers provides a free “Local House Market Insights” tool. By entering a postcode, users can see the average time properties are taking to sell in that area and the difference between asking and sold prices.
• Data Sources: This tool reportedly uses “published sales records from Rightmove… combined with official sold data HM Land Registry.” This reliance on credible sources lends authority to the data provided.
• Comparison to Property Solvers’ Service: The tool also directly compares the local market speed to Property Solvers’ guaranteed 7-28 day cash sale, highlighting the advantage of their service.

Customer Review Integration

• On-site Testimonials: The homepage features numerous written testimonials from satisfied customers.
• Links to External Review Platforms: Crucially, they provide direct links to their profiles on independent review sites like Reviews.co.uk, Google My Business, and Trustpilot. This transparency in linking to third-party review platforms is vital for building credibility and allowing potential clients to verify feedback independently.

These features collectively position Propertysolvers.co.uk as a versatile and seemingly transparent player in the UK property market, offering tailored solutions rather than a one-size-fits-all approach.

Propertysolvers.co.uk Pros & Cons

Alright, let’s break down the advantages and disadvantages of Propertysolvers.co.uk. It’s like any tool – brilliant for certain jobs, less so for others. Understanding both sides of the coin is key before you jump in.

Pros (The Upside, What They Do Well)

• Speed of Sale: This is their undeniable strong suit. For a cash sale, getting a property off your hands in 7-28 days is incredibly fast, especially for those facing repossession, urgent relocation, or probate challenges. A 2-3 week turnaround for auctions is also swift.
• Guaranteed Sale (Cash Option): Once they make a cash offer, they commit to it, stating “no down valuation of the price at survey and we guarantee not to break the chain.” This provides immense peace of mind compared to the typical open market where sales can fall through at any point.
• No Seller Fees (Cash Option): For direct cash purchases, the promise of “no legal or estate agents fees” is a huge financial relief. The seller genuinely gets the agreed cash amount, simplifying budgeting.
• Problem Property Expertise: They actively buy properties in “any condition,” including those with significant issues like Japanese Knotweed, structural damage, or legal complexities. This makes them a lifeline for properties that might be unsaleable via traditional routes.
• Flexibility with Multiple Options: The “hybrid estate agency” model is smart. By offering cash buys, auctions, and traditional estate agency services, they can genuinely suggest the best route for a seller’s specific situation, rather than just pushing for a cash discount.
• Transparency on Discount (Cash Option): They are upfront about paying 75-80% of the open market value for cash sales. While a discount, this honesty is preferable to companies that lure sellers with higher initial offers only to drop them later.
• Regulatory Memberships: Affiliations with The Property Ombudsman (TPO), National Association of Property Buyers (NAPB), and PropertyMark (NAEA) are strong indicators of legitimacy and adherence to industry standards. This provides a clear avenue for dispute resolution if issues arise.
• Cash Advances Available: For extreme financial urgency, the option of a cash advance at exchange can be a lifesaver, providing immediate liquidity.
• No Tie-in Contracts (Estate Agency): This is a consumer-friendly feature for their estate agency service, allowing sellers to switch if they’re not satisfied, which is rare among traditional agents.
• 24/7 Availability: Their phone lines are open around the clock, which is excellent for urgent inquiries and accessibility across different time zones or for those with busy schedules.

Cons (The Downside, Where There’s Room for Scrutiny)

• Price Discount (Cash Option): The biggest trade-off is the price. Selling for 75-80% of market value means leaving a significant portion of your property’s equity on the table. While transparent, it’s a financial hit that sellers must consciously accept. For a £300,000 property, that’s a £60,000 to £75,000 loss compared to an ideal market sale.
• Limited Public Information on Directors/Ownership: While a LinkedIn profile is linked for one director, a clearer, more prominent “About Us” section detailing the full company structure, all directors, and their backgrounds would enhance transparency and trust. Reputable companies often pride themselves on showcasing their leadership team.
• Lack of Prominent Physical Address: While they state they’re “based in London” and buy across the UK, a clear, verifiable physical office address isn’t immediately obvious on the homepage. For significant financial transactions like property sales, a tangible presence adds an important layer of accountability.
• Terms of Cash Advances Vague: While offered, the specific terms, conditions, and any implicit costs or risks associated with “cash advances” are not explicitly detailed on the main landing page. Clarity here is crucial to ensure no unexpected implications.
• Minimum Fees for Auction/Estate Agency: While they advertise percentage fees for their auction (1.5% + VAT) and estate agency (1.95% + VAT) services, the “minimum charge of £1,500 + VAT” means that for lower-value properties, the effective percentage could be much higher than advertised. This should be more prominently highlighted next to the percentage rates.
• “We Buy Any House” Industry Perceptions: Despite their efforts at transparency and regulation, the “we buy any house” sector still carries a historical stigma due to past unscrupulous operators. Property Solvers actively addresses this but it remains an uphill battle for general public perception.
• Online Reviews Can Be Curated: While they link to external review sites, the testimonials displayed prominently on their homepage are naturally curated to show only positive feedback. It’s always best practice for a prospective seller to visit the external review sites directly and read a wide range of reviews, including any negative ones, to get a balanced view.

In essence, Propertysolvers.co.uk seems to be a legitimate, regulated option for quick property sales, especially for those needing speed and convenience over maximum profit. However, as with any major financial decision, a thorough investigation into all terms, conditions, and independent verification of claims is paramount.

Is Propertysolvers.co.uk Legit?

The question of legitimacy is paramount when dealing with high-value transactions like property sales. Based on the available information, Propertysolvers.co.uk presents several strong indicators that point towards its legitimacy as an operating business in the UK property sector, but it’s crucial to understand the nuances. Kpir.co.uk Reviews

Key Indicators of Legitimacy

• Long-Standing Operation: The WHOIS data shows the domain propertysolvers.co.uk was registered on 31st March 2006. This means the company has been active for nearly two decades, which is a significant period in any industry, especially one prone to transient operators. Longevity often correlates with legitimate business practices.
• Regulatory Body Memberships: Property Solvers explicitly states its approval and adherence to several key industry regulatory bodies:
  • The Property Ombudsman (TPO): Membership here is a critical layer of consumer protection. TPO mediates disputes and ensures members adhere to a code of conduct.
  • National Association of Property Buyers (NAPB): This association works to improve standards within the quick house sale industry.
  • PropertyMark (under NAEA): Relevant for their estate agency work, indicating professional standards.
  • Trading Standards (TSI) and Anti-Money Laundering Regulations: Standard legal compliance.
    These affiliations are not easily obtained and require adherence to specific professional and ethical guidelines, lending considerable credibility.
• Transparent Pricing (for Cash Buys): They are upfront about the discount inherent in a quick cash sale, stating they offer 75-80% of the open market value. This transparency, while highlighting a lower price point, is a sign of honesty rather than deceptive practices. Many less reputable “we buy any house” firms may lure sellers with high initial offers only to drastically reduce them later.
• Proof of Funds Availability: Property Solvers explicitly states, “Yes, no problem. We can show the funds we have to buy your property straight away. This is usually through bank statements and/or a letter from our approved solicitors.” This is a crucial offer that a legitimate cash buyer should always be able to provide.
• External Review Presence: They link directly to their profiles on Reviews.co.uk, Google My Business, and Trustpilot. The presence and volume of reviews on these independent platforms, which are difficult to manipulate entirely, add to their perceived legitimacy. While curation of on-site testimonials is common, linking to external, independent sites allows for a broader, more balanced view.
• Clear Contact Information: A prominently displayed Freephone number (0800 044 3696) and a 24/7 availability suggest a dedicated customer service structure.
• Detailed FAQs: The comprehensive FAQ section on their homepage addresses a wide range of common seller concerns, from payment timelines to legal issues and potential scams. This proactive approach to addressing questions enhances trust.

Areas for Due Diligence

While the indicators of legitimacy are strong, a discerning individual would still want to conduct their own due diligence, especially given the financial implications:

• Verify Regulatory Memberships: Always check the respective websites of TPO, NAPB, and PropertyMark to confirm Property Solvers’ active membership.
• Request Proof of Funds: If proceeding with a cash sale, always insist on seeing verifiable proof of funds from their solicitors or bank.
• Read Independent Reviews Thoroughly: Go beyond the linked reviews and search for “Propertysolvers.co.uk reviews” on various platforms to get a comprehensive perspective, looking for patterns in both positive and negative feedback.
• Scrutinise Contracts: Before signing anything, have any contract reviewed by an independent solicitor, especially concerning cash advances or any clauses related to fees for their auction or estate agency services. Ensure the “no hidden costs” promise for cash sales is explicitly laid out in the legal agreement.

In summary, Propertysolvers.co.uk appears to be a legitimate operation, committed to transparency within its specific business model. However, as with any significant financial decision, independent verification and thorough understanding of the terms are essential.

Does Propertysolvers.co.uk Work?

The fundamental question for any service is whether it delivers on its promises. For Propertysolvers.co.uk, the efficacy hinges on its ability to provide quick, hassle-free property sales across its different service offerings. Based on their stated features and customer testimonials, the system appears to work as designed for its intended purpose, though the outcome for sellers varies by service.

How Their Cash Buying Service Works

1. Initial Enquiry: A seller contacts Propertysolvers, typically via their website form or phone, providing property details.
2. Valuation & Offer: Property Solvers uses HM Land Registry data and RICS methodologies to assess the property’s value. They aim to provide a “firm cash offer straightaway” within a few hours. This offer, as stated, is usually 75-80% of the open market value.
3. Legal Process & Exchange: If the seller accepts, their solicitors begin the conveyancing process. Propertysolvers states they can exchange contracts “within 24 hours if the case is very urgent,” and complete “within the following 7 days.” They cover all legal fees and disbursements.
4. Completion & Funds Transfer: Once legal checks are complete, the sale completes, and the cash funds are transferred to the seller’s bank account. They claim this can happen in as little as 7 days from the initial agreement.
5. Cash Advances: For extreme urgency, they can forward funds within 24-48 hours of exchange.

Does it Work for Speed and Convenience? Yes, for sellers prioritising speed and a guaranteed sale over maximising profit, their cash buying service appears highly effective. The consistent claim of 7-28 day completions, coupled with covering legal fees and the lack of a chain, streamlines a process that can take months on the open market. This is particularly beneficial for distressed sales, inherited properties, or those requiring immediate liquidity. Data from sources like the HomeOwners Alliance often show average property sale times in the UK ranging from 3 to 6 months, so Propertysolvers’ timelines are significantly faster.

How Their Auction Service Works

1. Property Listing: Propertysolvers lists the property on their online auction platform and major portals.
2. Bidding Period: Buyers place bids over a set period (28 or 56-day auction channels are mentioned).
3. Secure Buyer: The winning bidder pays a non-refundable reservation fee, committing to the purchase within 21 days of the auction close.
4. Completion: The sale then proceeds to completion.

Does it Work for Speed and Certainty (with Better Price)? This method aims to bridge the gap between a quick cash sale and a full market sale. It works by creating a competitive bidding environment while providing more certainty than a traditional sale due to the buyer’s commitment via the reservation fee. They claim a “fall through rate” close to zero for auctions, which if accurate, indicates high efficacy in securing sales. The goal here is a better price than a cash buy, closer to market value, but still quicker than a traditional estate agent. Cs-lofts.co.uk Reviews

How Their Estate Agency Service Works

1. Valuation & Listing: They provide a “realistic idea of the asking price” using HM Land Registry data and RICS standards.
2. Marketing & Viewings: Properties are listed on major portals with 24/7 support and accompanied viewings.
3. Offer & Negotiation: They aim to secure “serious offers through the door within days,” with negotiation handled by their team.
4. Completion: The sale proceeds through standard conveyancing.

Does it Work for Maximising Price (with Flexibility)? This service functions as a streamlined estate agency. The “no tie-in contracts” and “no sale, no fee” policy are designed to give sellers confidence. While slower than their cash or auction options (2-3 months), it aims to achieve “full market value.” Their claim of “getting serious offers through the door within days of putting the property on the market” suggests an active approach to securing buyers. According to HM Land Registry data, achieving full market value can take considerable time and negotiation, so their efficiency in this segment would depend on market conditions and their actual buyer reach.

Overall Efficacy and Considerations

• Customer Testimonials: The website features numerous positive testimonials, with links to independent review platforms like Reviews.co.uk and Trustpilot, where they generally hold high ratings (e.g., 5.0/5 stars from Reviews.co.uk, indicating high satisfaction). While these should be reviewed critically, a consistent pattern of positive feedback over many years suggests that for many clients, the services “work” as advertised.
• Trade-offs: It’s crucial for sellers to understand the inherent trade-offs. The “quick cash sale” works for speed but at a significant discount. The auction works for a balance of speed and price, but requires a committed buyer. The estate agency works for maximising price but takes longer.
• Transparency of Process: The detailed FAQs further illustrate how each service works, addressing practical concerns about offers, fees, and timelines.

In conclusion, Propertysolvers.co.uk seems to have established a robust operational model that consistently delivers on its core promise: providing various, effective avenues for selling property in the UK. Its functionality is clear, and its processes are designed to address the common pain points of property sales.

Propertysolvers.co.uk Alternatives

When you’re looking to sell your property in the UK, Propertysolvers.co.uk offers a specific set of solutions, particularly focused on speed and convenience. However, it’s never a one-size-fits-all world. Savvy sellers always weigh their options. Here, we’ll explore direct alternatives within the property selling sphere, along with broader, ethical financial practices that stand in contrast to conventional methods.

Direct Competitors & Service Alternatives

• Traditional High Street Estate Agents:
  • Examples: Savills, Knight Frank, Strutt & Parker
  • Why they’re an alternative: These agents aim to achieve the highest possible market value for your property by extensively marketing it to a wide pool of buyers. They offer a full-service approach, including local market expertise, professional photography, extensive advertising, accompanied viewings, and negotiation.
  • Trade-off: Slower sale times (often 3-6 months or more) and higher percentage-based fees (typically 1.5% – 3% + VAT). They also don’t guarantee a sale, and chains can break.
• Online Estate Agents:
  • Examples: Purplebricks, Strike, Yopa
  • Why they’re an alternative: These platforms offer a more cost-effective way to sell by charging fixed fees rather than a percentage of the sale price. They provide digital tools for managing viewings and offers, and list properties on major portals like Rightmove and Zoopla.
  • Trade-off: Often require more hands-on involvement from the seller (e.g., conducting viewings), and while cheaper, they don’t offer the speed or guaranteed sale of cash buyers.
• Other “We Buy Any House” Companies:
  • Examples: The Property Buying Company, We Buy Any Home, Quick Move Now
  • Why they’re an alternative: These companies operate on a similar model to Property Solvers’ cash buying service, offering a fast, guaranteed sale for a discounted price. Many are also regulated by The Property Ombudsman (TPO) and National Association of Property Buyers (NAPB).
  • Trade-off: Identical to Property Solvers’ cash offer – you’ll receive significantly less than the market value (typically 75-85%). Due diligence is crucial to ensure they are genuinely cash buyers and won’t drop the price.
• Property Auction Houses (Specialised):
  • Examples: Sotheby’s International Realty, Allsop, Countrywide Auctions
  • Why they’re an alternative: For properties that are unique, require refurbishment, or have development potential, specialised auction houses can often achieve a quick sale with competitive bidding. They handle marketing and the auction process.
  • Trade-off: Success depends on market interest, and properties can sell for below market value if there’s limited competition. Fees apply, and a legal pack needs to be prepared.
• Sale by Tender:
  • Why it’s an alternative: Less common, but can be effective for unique properties. Buyers submit sealed bids by a specific date. This method creates urgency and ensures all offers are considered simultaneously, aiming for the best possible price.
  • Trade-off: Can be complex to manage without professional help, and success isn’t guaranteed if offers are lower than expected.

Broader Ethical Financial Alternatives (Property Focused)

While the above are direct transactional alternatives, it’s essential to consider the broader ethical financial landscape in property. The core issue, from an Islamic perspective, revolves around avoiding riba (interest) and gharar (excessive uncertainty/deception).

• Halal Mortgages/Islamic Finance:
  • Why it’s an alternative: For those looking to buy property without engaging in interest-based loans, Islamic finance provides sharia-compliant alternatives like Ijara (lease-to-own) or Murabaha (cost-plus financing). While not directly related to selling through Property Solvers, understanding these options for your next property move is vital.
  • Examples: Al Rayan Bank, Gatehouse Bank
• Debt Management and Ethical Repayment Plans:
  • Why it’s an alternative: If the reason for selling quickly (e.g., through Property Solvers’ cash buy) is to clear debt, exploring ethical debt management, negotiating with creditors, or seeking interest-free loans from family/community funds could be an alternative to a discounted sale. This avoids the immediate loss of equity inherent in a fast, discounted sale.
• Community-Based Property Co-operatives/Investment:
  • Why it’s an alternative: While still nascent in the UK, some communities explore co-operative models for property ownership or investment, allowing for shared equity and avoiding traditional interest-based financing. This would be a long-term, community-focused alternative to individual, quick sales.

Ultimately, choosing the right alternative depends on your priorities: speed, maximum profit, certainty, or adherence to specific ethical financial principles. Propertysolvers.co.uk is a tool in the toolbox, but it’s not the only one, and for many, it might not be the best one if maximising financial return is the primary goal. Floormasteryorkshire.co.uk Review

Is Propertysolvers.co.uk a Scam?

The short answer, based on the comprehensive information available and external verification, is no, Propertysolvers.co.uk does not appear to be a scam. They exhibit several key characteristics of a legitimate, regulated business operating within the UK property market. However, like any company, especially within the “quick house sale” sector, it’s crucial to understand their business model and the inherent trade-offs.

Why It’s Unlikely to Be a Scam:

• Longevity and Track Record: The domain has been registered since March 2006, indicating nearly two decades of operation. Scams are typically short-lived, designed to make quick money before disappearing. A business with this kind of longevity usually has a vested interest in maintaining its reputation.
• Regulatory Memberships: Propertysolvers.co.uk is a member of highly credible industry bodies:
  • The Property Ombudsman (TPO): This is a government-approved scheme that provides a free, impartial, and independent service for the resolution of disputes between consumers and property firms. Membership requires adherence to a strict code of practice. If a company is part of TPO, it offers consumers a formal route for redress if things go wrong.
  • National Association of Property Buyers (NAPB): This association works to improve standards and ethical conduct within the quick house sale sector, promoting transparency and fair dealing.
  • PropertyMark (NAEA): Membership under this indicates adherence to professional standards for estate agents.
    These memberships are not merely symbolic; they imply external oversight and accountability.
• Transparency on Price Discount: A hallmark of many “we buy any house” scams is luring sellers with unrealistic high offers, only to drastically drop the price at the last minute. Propertysolvers.co.uk is upfront about offering 75-80% of the open market value for their cash purchases. While this is a discount, it’s clearly stated on their website. This transparency is a key differentiator from deceptive practices.
• Proof of Funds: Legitimate cash buyers should always be able to demonstrate that they have the funds available to complete the purchase. Property Solvers explicitly states they can provide “bank statements and/or a letter from our approved solicitors” as proof of funds. This is a critical assurance.
• Positive External Reviews: They link to their profiles on independent review platforms like Reviews.co.uk and Trustpilot. A quick check on these sites reveals a high volume of generally positive reviews, with an average rating of 5.0/5 on Reviews.co.uk. While one should always read reviews critically, a consistent pattern of positive feedback over many years on independent platforms is a strong indicator of genuine service.
• Comprehensive FAQs: Their extensive FAQ section proactively addresses common concerns about legitimacy, hidden fees, and the sales process, which is a sign of a company aiming to be transparent and helpful rather than evasive.
• No Upfront Seller Fees (for Cash Sales): For their direct cash buying service, they state “no legal or estate agents fees.” This means the seller isn’t asked for money upfront, which is a common red flag in property scams.

Understanding the Business Model (Not a Scam, But a Trade-off)

The “quick house sale” business model inherently involves buying properties below market value. This is how these companies make a profit: they purchase quickly, often from motivated sellers, and then typically refurbish and resell the property at a higher price or use it for investment. The discount (75-80% of market value) is the “cost” of the speed, convenience, and guaranteed sale they provide. It’s a trade-off, not a scam. Sellers must understand that they are sacrificing potential profit for a fast, hassle-free exit.

Due Diligence Remains Key

Even with strong indicators of legitimacy, it’s always wise to:

• Verify their regulatory memberships directly on the TPO and NAPB websites.
• Insist on proof of funds before committing.
• Obtain a solicitor for independent advice, especially for reviewing any contracts.
• Read reviews on external sites to form your own balanced opinion.

In conclusion, while Propertysolvers.co.uk operates in a sector that has historically faced scrutiny, their operational transparency, regulatory compliance, and consistent track record strongly suggest they are a legitimate business, not a scam.

How to Cancel Propertysolvers.co.uk Contract / Service

Cancelling a service or contract with a property company needs to be handled with care, especially given the significant financial implications. Propertysolvers.co.uk offers various services, and the cancellation process will depend on which service you’ve engaged them for. Fashionwallpaper.co.uk Reviews

Cancelling a “Quick Cash Sale” Offer

For their direct cash purchase service, Propertysolvers emphasizes that there’s “no obligation or pressure to accept your offer.” This is a crucial point for sellers.

• Before Accepting an Offer: If you’ve only received an offer and haven’t signed any formal agreements (like a Memorandum of Sale or formal contract), you are under no obligation to proceed. Simply inform them that you do not wish to accept their offer or proceed with the sale. A phone call or email would suffice.
• After Accepting a Verbal Offer but Before Legal Contracts: Even if you’ve verbally agreed to an offer, until legal contracts are signed and exchanged, either party can typically withdraw without penalty in the UK property market. Immediately communicate your decision to withdraw to your assigned contact at Property Solvers and your solicitor.
• After Exchange of Contracts: This is the critical point. Once contracts are exchanged, the sale becomes legally binding. Withdrawing at this stage would likely result in significant financial penalties, including loss of any deposit (if applicable) or legal action for breach of contract. Property Solvers states they offer “secure and guaranteed” sales once contracts are exchanged. You cannot simply “cancel” after exchange. At this point, you would be liable for breach of contract, and you would need to seek urgent legal advice from your solicitor.

Cancelling an “Estate Agency Service” Contract

Propertysolvers.co.uk proudly advertises “No tie-in contracts” for their estate agency service. This is a very consumer-friendly feature that simplifies cancellation significantly.

• Process:
  1. Review Your Contract: Even with “no tie-in,” always check the terms of the specific agreement you signed for their estate agency service. Ensure there are no notice periods or outstanding conditions.
  2. Notify Them: Inform Propertysolvers in writing (email is usually acceptable, follow up with a phone call) that you wish to withdraw your property from the market and terminate their agency agreement.
  3. Confirm Withdrawal: Ensure they confirm in writing that your property has been removed from all marketing channels (Rightmove, Zoopla, their own website, etc.) and that their services are terminated.
• Fees: Since it’s a “no sale, no fee” service, you should not incur any fees if you cancel before a sale is agreed or completed. However, verify this explicitly in your contract.

Cancelling a “Property Auction” Service Agreement

Similar to the estate agency, cancellation here depends on the stage of the process and the terms of your specific agreement. Their website mentions a “set-up fee” for their auction service when sellers set guide and reserve prices above their recommendations, suggesting some upfront costs might be involved depending on your specific auction terms.

• Before Listing/Agreement: If you’ve just enquired or are in the initial stages, simply inform them you do not wish to proceed.
• After Formal Listing Agreement but Before Auction/Bidding: You would need to check your specific auction contract. There might be a cancellation fee if they have incurred significant costs in preparing your property for auction (e.g., marketing materials, legal pack preparation). You would need to formally notify them of your withdrawal.
• After the Auction / Secured Bid: Once a bid is accepted and the buyer has paid their reservation fee, the sale is typically legally binding. Withdrawing at this stage would likely lead to significant penalties, potentially including loss of your legal pack costs, marketing costs, and any specific cancellation fees outlined in your auction agreement. Seek immediate legal advice.

General Advice for Cancellation

• Communicate in Writing: Always confirm any cancellation or withdrawal verbally, but follow up immediately with a written communication (email, letter). Keep records of all correspondence.
• Refer to Your Contract: The terms and conditions you signed are the ultimate guide to your rights and obligations regarding cancellation. Read them carefully.
• Consult Your Solicitor: For any formal cancellation post-agreement or offer acceptance, always consult your independent solicitor. They can advise you on your legal position and potential liabilities.

Propertysolvers.co.uk’s “no obligation” approach for initial cash offers and “no tie-in” for estate agency services are designed to make cancellation relatively straightforward at early stages. However, once legally binding agreements (like exchange of contracts or auction bids with reservation fees) are in place, withdrawing becomes a serious legal matter with financial consequences.

Propertysolvers.co.uk Pricing

Understanding the pricing structure of Propertysolvers.co.uk is essential, as it varies significantly depending on the service opted for. Transparency in fees is a strong point for them, although specific nuances need to be noted. Daymade.co.uk Reviews

1. Quick Cash Sale

• Cost to Seller: 0% Fees.
• Explanation: Property Solvers explicitly states, “No legal or estate agents fees.” This means that when they directly buy your property for cash, they cover all the associated costs that a seller would typically incur in a traditional sale, including:
  • Their own service fees.
  • Your solicitor’s fees (conveyancing fees).
  • Disbursements (e.g., property searches).
• What You Receive: The agreed cash offer is the net amount you will receive, assuming there are no existing mortgages or other encumbrances on the property that need to be settled.
• The Trade-off: While there are no fees, the pricing for this service comes in the form of a discount on the open market value. Property Solvers states they pay between 75% and 80% of the open market value for quick cash sales. This is where the cost lies for the seller – sacrificing potential profit for speed, certainty, and convenience.
  • Example: For a property with an open market value of £250,000, a cash offer might be between £187,500 and £200,000. The “cost” is the difference between this and what you might achieve on the open market (e.g., £50,000 to £62,500).

2. Property Auction Service

• Cost to Seller: 1.5% + VAT.
• Minimum Charge: There is a “minimum charge of £1,500 + VAT” for this service. This means if 1.5% of your sale price falls below £1,500, you will still pay the minimum.
  • Example: If your property sells for £50,000 at auction, 1.5% + VAT would be £750 + £150 (VAT) = £900. However, due to the minimum charge, you would still pay £1,500 + £300 (VAT) = £1,800.
• Buyer’s Reservation Fee: A key aspect of their auction service is that a “Reservation fee paid by buyer within 21 days.” This fee usually covers the auction house’s costs and provides a strong commitment from the buyer, often resulting in 0% seller fees for the commission, but Property Solvers clearly states their seller fee of 1.5% + VAT. It’s important to clarify if this is in addition to what the buyer pays or if the buyer’s fee is what covers Property Solvers’ commission. Their FAQ “What’s the charge for your estate agent and auction services?” explicitly states “The fee is 1.5% + VAT (with a minimum charge of £1,500 + VAT) for both services,” which implies this is the seller’s cost.
• Set-up Fee: They also mention a “set-up fee for our auction service when sellers wish to set the guide and reserve prices above our recommendations.” The exact amount of this fee is not detailed on the homepage, requiring further inquiry.

3. Estate Agency Service

• Cost to Seller: 1.95% + VAT.
• Minimum Charge: Similar to the auction service, there is a “minimum charge of £1,500 + VAT” for the estate agency service.
  • Example: If your property sells for £70,000 via their estate agency, 1.95% + VAT would be £1,365 + £273 (VAT) = £1,638. Since this is above the £1,500 minimum, you would pay £1,638.
• “No Sale, No Fee”: This is a standard and very important pricing model for estate agents. If your property doesn’t sell through their agency, you do not pay any fees. This reduces the financial risk for the seller.

Overall Pricing Summary

It’s clear that Propertysolvers.co.uk offers distinct pricing models for its services, allowing sellers to choose based on their priorities and budget. The “no fees” for cash sales is attractive for immediate, hassle-free exits, but sellers must be fully aware of the inherent discount on market value. For auction and estate agency services, the fees are competitive with the market, with the added benefit of a minimum charge and “no sale, no fee” for the latter.

Propertysolvers.co.uk vs. Traditional Methods

Comparing Propertysolvers.co.uk to traditional property selling methods is like weighing up a fast-food meal against a home-cooked banquet: one is quick and convenient, the other takes time and effort but can yield a richer, more satisfying outcome. Property Solvers, with its hybrid model, aims to bridge some of these gaps, but the core distinctions remain.

Speed and Certainty

• Propertysolvers.co.uk (Quick Cash Sale):
  • Speed: Unbeatable. Promises completion in 7-28 days. This is incredibly fast, often driven by the seller’s urgency.
  • Certainty: Very high. As direct cash buyers, they remove mortgage chains, survey re-negotiations (as they don’t down-value at survey), and financing falling through. Once contracts are exchanged, the sale is virtually guaranteed.
• Traditional Estate Agents / Open Market:
  • Speed: Slow. Average sale times in the UK typically range from 3-6 months, sometimes longer, depending on market conditions, property type, and chain length.
  • Certainty: Low until exchange of contracts. Sales can fall through at multiple stages (e.g., buyer financing issues, survey problems, chain breaks), with an estimated 1 in 3 sales falling through after an offer is accepted, according to industry data.

Price Achieved

• Propertysolvers.co.uk (Quick Cash Sale):
  • Price: Significantly discounted. They are transparent about offering 75-80% of the open market value. This is the primary trade-off for speed and certainty.
• Traditional Estate Agents / Open Market:
  • Price: Aims for 100% of the open market value (or as close as possible). The goal is to maximise the sale price through broad marketing and negotiation. This is generally the route to achieve the best financial return.

Fees and Costs

• Propertysolvers.co.uk (Quick Cash Sale):
  • Fees: 0% fees for the seller. They cover your legal fees and disbursements. This means the agreed cash offer is the net amount you receive.
• Traditional Estate Agents / Open Market:
  • Fees: Typically 1% – 3% + VAT of the final sale price.
  • Additional Costs: Sellers are also responsible for their own legal fees (conveyancing, typically £800-£2,000+), Energy Performance Certificates (EPCs, £50-£100), and potentially other costs like removals.

Hassle and Management

• Propertysolvers.co.uk (Quick Cash Sale):
  • Hassle: Very low. They handle almost everything. No need for multiple viewings, dealing with flaky buyers, or managing complex chains. Ideal for sellers who want a “hands-off” process. They specifically buy “problem properties” which would be a huge hassle on the open market.
• Traditional Estate Agents / Open Market:
  • Hassle: Moderate to high. Requires continuous engagement with the estate agent, accommodating viewings, potentially dealing with numerous enquiries, and managing the stress of a potentially collapsing chain.

Suitability

• Propertysolvers.co.uk (Quick Cash Sale): Best for sellers who:
  • Need to sell quickly (e.g., financial distress, urgent relocation, probate).
  • Have a “problem property” that is difficult to sell traditionally.
  • Value certainty and a hassle-free process over maximising profit.
  • Have equity in the property to absorb the discount.
• Traditional Estate Agents / Open Market: Best for sellers who:
  • Prioritise achieving the maximum possible sale price.
  • Are not in a rush to sell and can wait for the right buyer.
  • Are willing to manage viewings and the complexities of the sales process.
  • Have a standard, mortgageable property.

Propertysolvers’ Hybrid Model as a Middle Ground

It’s important to remember that Property Solvers also offers auction and estate agency services.

• Their auction service sits between the cash offer and traditional sale in terms of speed and price, offering more certainty than an open market sale due to buyer commitment, but aiming for a better price than a direct cash buy.
• Their estate agency service directly competes with traditional agents, aiming for full market value with the added benefit of “no tie-in contracts.”

In essence, Propertysolvers.co.uk provides a valuable service for a specific niche of sellers who prioritise speed and convenience. For the majority of sellers aiming to maximise their financial return without extreme urgency, traditional estate agents or online estate agents generally remain the more suitable, albeit slower, option. The choice fundamentally boils down to a seller’s personal circumstances, priorities, and their willingness to trade off price for a streamlined, guaranteed process.

Propertysolvers.co.uk FAQ

How long will the cash house sale realistically take with Property Solvers?

Property Solvers states that their cash purchases can realistically take between 7 and 28 days from initial contact to completion, with the possibility of exchanging contracts in as little as 24 hours for urgent cases. Omaze.co.uk Review

Can Property Solvers really exchange contracts and complete the purchase in 7 days?

Yes, for highly urgent cases, Property Solvers claims they can exchange contracts within 24 hours, with completion following within the next 7 days. This is an accelerated process designed for extreme time sensitivity.

When will the money (cash funds) be in my bank account after selling to Property Solvers?

Property Solvers aims for funds to be in your bank account within 7 days of the conveyancing process commencing, provided the seller is proactive in completing legal documentation.

How long does it take to get a free cash offer from Property Solvers?

After an initial conversation, Property Solvers commits to providing a cash offer within a few hours maximum. They also work weekends for quick responses.

How will I know that Property Solvers’ offer is legitimate and they’ll commit to the sale?

Property Solvers states they have been in the home buying industry for over two decades, commit 100% to every purchase, and are regulated by bodies like The Property Ombudsman (TPO) and National Association of Property Buyers (NAPB). They also offer to show proof of purchase funds via bank statements or solicitor letters.

What is a “cash advance” and can Property Solvers offer this?

Yes, Property Solvers can offer a cash advance, which is a sum of money paid upfront at the exchange of contracts, with the remainder paid upon completion. They claim funds can be forwarded within 24 to 48 hours of exchange. Protyre.co.uk Review

Can I pick the timescale to complete the sale that suits my needs with Property Solvers?

Yes, Property Solvers offers flexibility on completion timescales. They have facilitated sales where contracts are exchanged and cash advances are made, with completion occurring some months later, catering to the seller’s specific requirements.

How is Property Solvers’ approach different from other UK property buyers?

Property Solvers differentiates itself by offering a hybrid model: not only direct cash purchases but also 28-56 day property auctions and a 28-day estate agency service, providing sellers with multiple options beyond a single quick cash sale.

Is Property Solvers accustomed to buying property in any condition?

Yes, Property Solvers specialises in buying “problem properties” in any condition, including those with structural issues, fire damage, Japanese Knotweed, or legal complexities, which often struggle to sell on the open market.

What if the property has underlying legal issues?

Property Solvers states they specialise in purchasing properties with underlying legal issues such as flying/virtual freeholds, restrictive covenants, title issues, and planning-related complications.

How much will Property Solvers pay for my property?

For quick cash sales, Property Solvers typically pays between 75% and 80% of the open market value of the property. This depends on the location and condition. Dpdlocal.co.uk Review

Is there any obligation or pressure to accept Property Solvers’ offer for my house?

No, Property Solvers states they never place any pressure on sellers to accept their offer and acknowledge it is a significant decision. Offers generally last for 30 days.

How do Property Solvers decide what my house is worth?

Property Solvers primarily uses widely available sold house price data from HM Land Registry, applying RICS Red Book standards, and considering factors like condition, size, extensions, age, and market conditions to provide a realistic valuation.

Is Property Solvers’ valuation as a property buyer different from the fair market value?

No, Property Solvers states their valuation reflects the fair market value based on evidence of what properties are selling for, using HM Land Registry data. The cash offer, however, is a discount on this fair market value for the speed and convenience.

Will Property Solvers need to arrange a viewing and a RICS survey/house buyers report?

Yes, verbal offers are subject to viewing. A RICS valuation may be undertaken depending on the property’s condition, primarily to assess risks for their business, especially for properties other buyers might reject.

Are there really no fees when selling directly to Property Solvers?

Yes, when selling directly to Property Solvers for cash, they confirm there are absolutely no fees payable by the seller, and they cover all solicitor/conveyancing costs and disbursements. Uw.co.uk Review

Can I remain as a tenant once the house is sold to Property Solvers?

No, Property Solvers explicitly states that they cannot offer “Sell and Rent Back (SARB)” arrangements, as this practice became heavily regulated by the Financial Conduct Authority (FCA) prior to 2007.

Are Property Solvers an approved house buying company?

Yes, Property Solvers is approved by and adheres to the standards of several regulatory bodies, including The Property Ombudsman (TPO), the National Association of Property Buyers (NAPB), Trading Standards (TSI), Anti-Money Laundering Regulations, and PropertyMark.

What kind of price discount would I have to accept when selling the property to Property Solvers?

Sellers should expect to accept a discount of approximately 20-25% off the property’s fair open market value when opting for a direct cash sale with Property Solvers (i.e., they offer 75-80% of the market value).

How long has Property Solvers been established as property buyers?

Property Solvers started operating in 2005, making them one of the longest-established quick homebuyers in the UK, with nearly two decades of experience.undefined

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