How does the Property Buying Process Work?
Offer in Principle & Formal Offer
If you need to sell your house fast for cash, Good Move will provide an offer in principle.
If this is accepted the property buyer team will then instruct our Asset Management Company to arrange a valuation of your property. As part of the due diligence process, Good Move will instruct two valuations for your property. There are no costs or obligations for homeowners throughout this process.
Upon receipt of the valuation report Good Move will then make a formal offer subject to contract and RICS survey.
If Good Move’s offer to buy your house is acceptable, solicitors and a RICS Homebuyer Report will then be instructed. We cover legal costs for our recommended solicitors or contribute £500 towards your own solicitor’s fees.
Once Good Move are in receipt of a satisfactory Home Buyers Report & Report on Title (from the solicitors), Good Move can proceed immediately to sell house quick and achieve a fast house sale.
If either of the reports should have a detrimental impact on value (e.g. faulty roof / structural damage), Good Move may have to amend their formal offer to reflect this change in circumstance or withdraw. To be transparent, customers are entitled to review any of the reports provided by our surveyors or solicitors at any time. Offering a transparent, open and honest service is core to being regulated by the RICS, TPOS & NAPB (Royal Institution of Chartered Surveyors, Property Ombudsman & National Association of Property Buyers).
Exchange & Completion
Once everyone is happy both parties then agree a completion date (exchange and completion are usually done simultaneously unless clients request otherwise). On the day of completion your solicitor will transfer the balance of the funds to you after all loans / mortgages have been paid.
We are regulated by...
Good Move are proud to be the most regulated property buyer operating in the ‘Quick House Sale’ industry.