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We often pay 95-100% Market Value*
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Provide you with a great offer within 48h
Cover all fees and costs
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Latest News, Nationwide have reported a surprising rise in house prices. Not only that but they have stated that it’s the largest monthly rise in over two years. August was a great month with a rise of 1.3% leaving the average UK property price at just under £165,000. The last time we experienced such a large jump was at the beginning of 2010.
This is very positive news particularly for the Month of August where you would usually experience many UK citizens moving abroad for a holiday and a general lull in transactions. Unfortunately if your wishing to sell your house and achieve a great price the UK average is still down by almost 1% from this time last year. There are other downward pressures that are still inhibiting the market, mortgage approvals are still low and a small quantity of mortgage products have recently been pulled from the market leaving us with the same amount available as we had at the beginning of the year. More significantly it’s the products for first time buyers which have been affected and the banks have become more reluctant to lend to first time buyers who have a small deposit. Low interest rates have benefitted anyone who is able to get onto the property ladder but if they can’t buy your house in the first place then that doesn’t help to get your home sold.
House Prices May Still Fall
Commentators are still speculating that prices may fall for the foreseeable future. This is because there is still weak demand from prospective buyers coupled with too many available homes. This in turn means that many more may be forced to reduce their house price just to get viewings and then is you do have a buyer interested they are commonly expecting a further discount as they know that it’s a buyers market. It’s difficult for anyone to predict what the future holds, historically the market has performed better during the later months of the year and the start of the new year.
How will this change my online house offer
Similar to other quick sale companies when we value your house we will always use a qualified (RICS) Surveyor meaning that they are completely independent and are registered with the Royal Institute of Chartered Surveyors. We will initially send one of our in house buyers round to view and value your property. Our buyers our experts in what they do and they will use the same techniques as a surveyor to value your home. This will provide you with a good indication of what the final offer will be. However, it is only until the mortgage lender sends their surveyor to value your house for the banks purposes that an official valuation will be met. The good news is that this price is completely independent and unbiased meaning that you can be rest assured that our offer is based upon the true market value for your house. Further to this if prices have increased in your area then this will benefit you in achieving an even higher valuation.
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We can buy your house right now, please contact us
We can give you a preliminary offer over the phone
Final offer is subject to independent RICS valuation