Speed Property Buyers Reviews & Overview

Speed Property Buyers can purchase residential property across the country, no matter the condition or location.

They are registered with The Property Ombudsman, and are founding members of the NAPB.

They base their cash offers on reports from local estate agents, and an independent RICS surveyor – although they don’t specify what percentage of your property’s market value they will offer you.

Contact Details

Address:

38b Goring Road
Worthing
West Sussex
BN12 4AD

Phone:

01903 331 599

Website:

speedpropertybuyers.co.uk

Who are Speed Property Buyers?

Based in Worthing, Speed Property Buyers are a cash house buyer. Established in 2008, their mission is to provide the best service in the industry; and their team has 100 years of property experience between them.

They purchase any home in the country, in any condition – including properties that are dilapidated, vacant, probate property, or in desperate need of renovation.

They will provide you with a cash offer within eight hours of making initial contact, and can transfer funds into your account in as little as five working days, although on average, it takes two weeks in total.

What services do Speed Property Buyers provide?

If you’re in need of cash quickly, Speed Property Buyers can purchase your house and transfer the funds in just five working days.

Whilst it’s unclear the percentage of your property’s market value they’ll offer you, and whether or not they purchase commercial space and land; they do state they’ll purchase any residential property, regardless of the location or condition.

If your home is in danger of being repossessed, Speed Property Buyers can help. They’ll speak to lenders, loan companies, banks and solicitors to stop your home from being repossessed, and will transfer you the cash for your property so you can pay off your debts.

How does it work with Speed Property Buyers?

To receive a quote, simply fill out their online form. One of their valuation experts will give you a call back, to ask you some questions about your property. Within eight hours, you should have received a cash offer.

If you want to go ahead, Speed Property Buyers will instruct two local estate agents to view and report back on your property, in order to establish the market value. They will then make you an updated cash offer based on these findings.

The next step in the process if you still wish to proceed, is for them to instruct the solicitors to finalise all necessary legal work, so that the sale can be completed, and you can receive your funds – it takes two weeks on average for customers to receive their money.

Speed Property Buyers reviews

Speed Property Buyers have been reviewed across several different platforms. We've selected the most reputable to summarise below.

Positives

• Not only are they registered with The Property Ombudsman, they are the founding members of the NAPB.
• As they have immediate cash funds available, they could purchase your house and transfer your money in as little as five working days since initial contact.
• You won’t need to worry about covering the cost of any hidden fees, as Speed Property Buyers take care of them all.

Negatives

• It doesn’t state on their website what percentage of your property’s market value they’ll offer you, so you’ll need to get in touch with them to find out.
• Their team only operates from 8am-8pm, so if you have any questions outside of these times, you’ll have to speak to them the day after.

Our Verdict

Their promise of a cash transfer in as little as five working days is faster than most of their competitors; plus they’re founding members of the NAPB, and are registered with The Property Ombudsman. However, despite operating since 2008, they have very few reviews, making it near impossible to see what customers think of their services.