Do you need to sell your house quickly?

Quick House Sale FAQs:

Where do you buy property?

We will buy properties in London only. We act as an agent for cash buyers of properties outside London. Wherever your property is situated we can offer you a solution to address your circumstances.

Is there a charge for viewing our property?

There is no charge for viewing your property. However, we will expect to cover some detail over the telephone prior to viewing

What do you charge for your “Cash Buying” service?

We do not charge any fees and in fact we will even pay for your solicitor fees

How long does the process take?

This depends entirely on your requirements. We can exchange contracts within 24h if necessary and complete at a time to suit you. As part of the service we provide, we will work around your circumstances and not the other way round. 

Do you offer flexible terms?

Yes — we offer a range of of creative property buying solutions to suit your particular needs.

When do I need to vacate the property?

This is entirely your decision.  We will reach an agreement that works best for you.  You may even decide to rent back the property for a period of time.

How do you value my property?

Typically we will offer between 70-85% of the market value of your property assuming reasonable market conditions. It is no secret that estate agents have a tendency to pitch asking prices on properties higher than what they are realistically worth (ie sell for). Clearly by giving a higher valuation they are more likely to get the business, plus it is very tempting as a seller to go with the agent who provides the highest valuation.

At Molae Properties we calculate what we believe to be the true market valuation of your property. We do this by using actual comparables. This is data from actual house/flat sales. We obtain this from various sources. We are happy to share this information with you when explaining how we have valued your property and what our offer will be.

How will an offer from Molae Properties compare to one secured through a conventional estate agency?

Molae Properties is a quick cash buyer. As such selling to Molae Properties has the advantage of securing you a fast and a guaranteed sale of your property.

When selling to Molae Properties there are no estate agency or solicitor fees to pay neither is it necessary to purchase and arrange a HIP. Because it is a quick sale there will no more mortgage repayments to make. Finally,  you will become a true “cash buyer” for your next property which means you are in a stronger negotiating position.

You need to weigh up the costs and the benefits for yourself. Below is an example of the REAL figures involved when selling through an estate agent.

Asking price of   £150,000
Typical offer through an estate agent is currently 7% below asking price -£10,500    
Estate agency fees are typically 2% of purchase price +VAT -£3,525  
Solicitor fees / searches / registration with VAT -£1000  
Sale process can often take six months during which you would still making six mortgage repayments. (assuming 100k mortgage at 6% interest) -£ 3,000  
HIP purchase -£1000  
By selling to Molae Properties you will become a “cash buyer”. The average discount you could obtain on your next property is 15% ie if marketed at £200,000 this would be -£30,000  
In this example even though selling your house for £150,000 through an estate agent the real value to you is £100,975. This is 67% of the original asking price   £100,975

Whilst the above illustration will vary according to individual circumstances it serves to point out the obvious and perhaps not so obvious advantages in using our quick property cash buying service. The real costs (direct and indirect) involved in a property sale are often not fully considered. Hopefully, this will help you make a more informed decision.

Can I refer a friend?

Yes and we will pay up to 1% of the purchase price to you.

Do you charge a deposit?

No we do not.  We move too fast to make this necessary

Do you buy land and tenanted properties?

Yes we do.

Do you offer a guarantee?

Yes we do.

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