The Property Buying Company Review & Overview

The Property Buying Company provide quick house sales by buying any property for up to 80% of the market value, regardless of condition, for cash.

As a member of the National Association of Property Buyers (NAPB), The Property Buying Company abide by a strict code of conduct. This has many benefits when selling a property quickly with The Property Buying Company, as it protects you from fraud and misconduct. The Property Buying Company isn’t regulated by the Royal Institution of Chartered Surveyors which is the best type of regulation you can achieve in the Quick House Sale sector.

Contact Details

Address:

The Property Buying Company,
4 Deighton Close,
Wetherby,
LS22 7GZ

Phone:

0800 024 8444 / 0113 2034800

Website:

www.thepropertybuyingcompany.co.uk

Who are The Property Buying Company?

The Property Buying Company are a professional house buying company with experience purchasing properties in England and Wales. Based in Leeds, The Property Buying Company state that the company has over 50 years of experience in the industry. They promise a smooth and fast sale – many homes are sold in as little as 2 weeks, but sales can take as long as 12 weeks.

They are Members of the National Association of Property Buyers and are registered with The Property Ombudsman, so you should receive a fair offer with The Property Buying Company. Accredited bodies like the NAPB have strict standards which members must abide to, and these are signs of a cash house buyer you can trust.

What services does The Property Buying Company provide?

The premise of The Property Buying Company is straightforward.

As Cash House Buyers, The Property Buying Company will purchase your property for cash quickly. The amount you receive will be less than market value (typically up to 80%), and sales are usually completed within a few weeks.

No fees need to be paid when using The Property Buying Company, and you also won’t pay for associated costs that come with selling your house fast – this will be covered by The Property Buying Company.

How does it work with The Property Buying Company?

The first step for homeowners who wish to sell their house quickly is to check that this is possible via an online enquiry form. If eligible, The Property Buying Company will provide a conditional offer within 24 hours, with a view of achieving a quick house sale.

If you accept the offer, a Regional Manager will visit your property to complete an inspection, and the offer will then be formalised by The Property Buying Company.

After you’ve agreed on the price, The Property Buying Company will contact you to instruct a recommended solicitor to act on your behalf and will cover their costs.

You’ll only have to pay a fee if you choose to use your own solicitor, rather than the one the company recommend. They will also arrange a professional valuation of your property.

Once all legal and valuation processes are completed, and all paperwork is finished, The Property Buying Company will review your offer one last time. If you’re happy with their final offer, you can exchange contracts and complete the sale immediately or on a date that suits you.

The Property Buying Company reviews

The Property Buying Company have been reviewed across several different platforms. We've selected the most reputable to summarise below.

Positives

• The Property Buying Company have immediate funds to buy your property fast. You won't be asked to sign an option contract, which is something that prevents you from selling your home elsewhere while the company in question source the funds.
• All fees are covered. Once the RICS survey has been completed and The Property Buying Company confirm their final offer, you will receive 100% of the offer provided by The Property Buying Company - they will pay associated costs such as solicitors fees and valuation fees.
• The Property Buying Company started in 2012, and now have over 20 employees. Combined, the employees have over 50 years of experience in the cash house buying industry.
• Members of the National Association of Property Buyers (NAPB) and registered with The Property Ombudsman.
• If you'd like, The Property Buying Company can also help you arrange assistance with removals or find rental properties for you to move into as part of their service
• Reviews may be mixed, but positive reviews appear to praise the professionalism and helpfulness of The Property Buying Company employees.

Negatives

• You won't receive market value for your property - you will typically receive around 80% of the market value. You pay for the convenience of selling your house quickly with The Property Buying Company, which is the nature of selling to a cash house buyer.
• There are some poor reviews (3 stars or below) on Google & Trustpilot which highlights some customer dissatisfaction.
• Select reviews reveal some customers received an offer that was notably less than 80% of the market value for their property.

Our Verdict

The Property Buying Company are reliable cash house buyers regulated by both the NAPB and The Property Ombudsman. No fees are required to use The Property Buying Company, and no costs are associated to achieve a quick house sale. Previous customers from reputable review sites also document an overall positive experience, and have received - on average - up to 80% of their property's market value.