Quick house sales

Quick house sale companies like Good Move have revolutionised the housing market, offering a faster alternative to sell your house fast. But in a market where quick house sale operators are often unregulated, it’s important to make sure you’re dealing with a reputable company.

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  • "Jess & Sophie you were wonderful. I would recommend your service in the future."

    Lottie England

  • "My experience with Goodmove was a good one. I would recommend should anyone want to sell a property"

    Alice W England

  • "I can't praise the team at Goodmove enough. My flat was on the market for 8 months with very little interest with another agent. Although I did not get the market value the sale was stress free and quick. Thank you"

    M Mckenzie England

What is a quick house sale company?

Quick house sale companies, also known as cash house buyers, pay cash for your property and are a much quicker method of house selling than the open market or at auction. Depending on the company you deal with, a sale can be completed between 7 days and a month.

House buying companies offer between 70% and 80% of the market value of the property. This is still an attractive offer to some people because you don’t pay any estate agent or solicitor fees and are not subject to the frustrations of long chains and buyers pulling out.

What is the process of a quick house sale?

Most companies operate through a similar sales process, designed to achieve a fast sale with the cash in your bank as soon as possible.

Once you have chosen which company will buy your home, be sure to learn and understand their process in order to avoid any unnecessary delays. To get you started, we have listed the typical selling process below:

The step by step process

1

You get in touch with the company

To contact a quick house sale company, you can submit a contact form via their website or call them during operating hours. After requesting your quote, you can expect any reliable company to call you back within 24 hours.

2

You receive a cash offer in principle

Within 24hrs you should receive a call from the quick house sale company to discuss your needs and find out more about your property. Then using their own valuation system, they will provide with a ‘offer in principle’. This is not the final offer and may change following a survey or valuation of your property.

3

They arrange an appraisal of your property

If you choose to accept the offer in principle, an appraisal will be arranged in order to check the property in person, so that a formal offer can be provided. The appraisal will likely be free of charge but this can vary depending on the company you choose.

4

You accept the formal offer

Following a successful appraisal, the company will provide a formal offer. Should you choose to accept this, the paperwork can begin in order to process the sale.

5

Solicitors are instructed

Most companies will cover fees if you use their recommended solicitors. At Good Move we offer you up to £500 to cover the solicitor fees.

6

The company will arrange a property valuation

Next, the company will wish to conduct a survey of the property to get an accurate valuation. This is free of charge and most providers will use a local estate agent to carry out the valuation. Here at Good Move, we only ever instruct RICS Chartered Surveyors to carry out the survey.

7

Completion and cash payment

Once all the paperwork is complete, cash will be transferred into your bank account. At Good Move, we put money in your account on the day of completion.

  • 1

    You get in touch with the company

    To contact a quick house sale company, you can submit a contact form via their website or call them during operating hours. After requesting your quote, you can expect any reliable company to call you back within 24 hours.

  • 2

    You receive a cash offer in principle

    Within 24hrs you should receive a call from the quick house sale company to discuss your needs and find out more about your property. Then using their own valuation system, they will provide with a ‘offer in principle’. This is not the final offer and may change following a survey or valuation of your property.

  • 3

    They arrange an appraisal of your property

    If you choose to accept the offer in principle, an appraisal will be arranged in order to check the property in person, so that a formal offer can be provided. The appraisal will likely be free of charge but this can vary depending on the company you choose.

  • 4

    You accept the formal offer

    Following a successful appraisal, the company will provide a formal offer. Should you choose to accept this, the paperwork can begin in order to process the sale.

  • 5

    Solicitors are instructed

    Most companies will cover fees if you use their recommended solicitors. At Good Move we offer you up to £500 to cover the solicitor fees.

  • 6

    The company will arrange a property valuation

    Next, the company will wish to conduct a survey of the property to get an accurate valuation. This is free of charge and most providers will use a local estate agent to carry out the valuation. Here at Good Move, we only ever instruct RICS Chartered Surveyors to carry out the survey.

  • 7

    Completion and cash payment

    Once all the paperwork is complete, cash will be transferred into your bank account. At Good Move, we put money in your account on the day of completion.

How long does a quick house sale take?

Some companies are quicker than others. For instance, some firms have to take out a mortgage to buy your home, adding up to 12 weeks on to the process. A genuine cash house buyer like Good Move will have money upfront to offer you a fair price within 24 hours of requesting a quote, and the money could be in your bank account in as little as 7 days.

Who uses quick house sales and why?

There are multiple reasons and situations why people turn to a quick house sale provider to sell their home, over an estate agent or auction.

Some people are looking to downsize quickly, some want to relocate within a strict time frame and others simply want to remove the hassle of house chains and move quickly.

Quick house sales can be advantageous if you’d like to release equity too, or if you’re facing financial hardship or need to stop house repossession and need to recover finances quickly. With a reputable cash buyer like Good Move, your home can be sold in as little as 7 days.

Is the quick house sale market regulated?

The sector has a self-regulating governing body called the National Association of Property Buyers.

The NAPB was formed to put self-regulatory processes in place to ensure members operate with transparency, fairness and honesty. However, self-regulation in the quick house sale industry is voluntary. Therefore, it’s essential to make sure that any quick house sale company you deal with is a member of the NAPB to ensure your property sale is protected.

How does industry self-regulation work? Am I protected if something goes wrong?

When dealing with a NAPB member, you are always protected because firms must adhere to the NAPB Code of Conduct and be registered with the Property Ombudsman in order to qualify for NAPB membership.

The Property Ombudsman offers added peace of mind with a comprehensive, independent redress and compensation scheme available should any disputes arise.

How do I find an NAPB member?

All NAPB members are listed on the NAPB website.

The pitfalls of unregulated quick house sale companies

If you decide against using a quick house sale company that is regulated by the NAPB and registered with the Property Ombudsman, some of the potential pitfalls include:

  • A long, drawn-out sale that could last months
  • A lack of transparency in terms of surveys or valuations
  • No code of practice, so there is no minimum level of customer service that the house buying company needs to adhere to
  • No recourse action to follow up with if a sale goes wrong
  • Offer price reduction without any reasoning and un-agreed additional costs (legal fees and valuations)
  • No guarantee on an offer price and a reliance on untrustworthy third-party investors

Compare quick house sale companies

To help you compare we have collated a list of quick house sale companies below:

House Buying Companies

  • Company
  • Reviews.co.uk
  • Trustpilot.co.uk
  • Google.co.uk
  • What they offer / USP
  • Positives
  • Negatives
Reviews
  • 4.88/5
  • 4.8/5
  • 4.5/5
USPs
    • UK's most regulated cash buyer
    • Offer up to 85% of market value
    • Will buy regardless of condition
Positives
    • Cash offer in 24 hours
    • Fastest sale time: 7 days
    • No fees to pay
Negatives
    • Offer less than market value
    • Offer varies on condition & location
    • Only buy in England & Wales
We Buy Any House logo
  • No reviews
  • 4.5/5
  • 4.3/5
    • Fastest sale time: 7 days
    • No hidden fees
    • Offer up to 90% of market value
    • Contactable 24/7
    • Registered with The Property Ombudsman
    • Uses RICS surveyors
    • Aren’t NAPB-approved
    • Not as many reviews as competitors
    • Unclear whether they can purchase commercial properties
Vivo Property Buyers logo
  • No reviews
  • 4.8/5
  • 4.2/5
    • Fastest sale time: 7 days
    • Will offer 85% of the property’s market value
    • Registered with The Property Ombudsman
    • NAPB approved
    • No hidden costs
    • Uses RICS surveyors
    • Only purchase properties in South-East England
    • Exceptions to the properties they’ll buy
Quick Buyers logo
  • No reviews
  • 3.3/5
  • 3.3/5
    • Fastest sale time: 14 days
    • Will buy regardless of location
    • Registered with The Property Ombudsman
    • Contactable 24/7
    • No hidden costs
    • Uses RICS surveyors
    • Only offer 75%-85% of market value
    • Offer less for short leasehold properties
    • They have several 1-star reviews
FastMove logo
  • No reviews
  • 5.0/5
  • 4.7/5
    • Fastest sale time: 7 days
    • No hidden fees
    • 100% cash buyer
    • Positive reviews
    • Flexible with completion date
    • Will buy regardless of condition
    • Unclear what percentage they’ll offer you
    • Aren’t registered with The Property Ombudsman
    • Aren’t NAPB-approved
Speed Property Buyers logo
  • No reviews
  • 5.0/5
  • 5.0/5
    • Fastest sale time: 5 days
    • Founding members of NAPB
    • Registered with The Property Ombudsman
    • Buy regardless of condition
    • No hidden costs
    • Uses RICS surveyors
    • Don’t have many reviews
    • Support unavailable 24/7
    • Percentage they’ll offer you is unclear
HouseBuyers4u logo
  • No reviews
  • 5.0/5
  • 3.4/5
    • Fastest sale time: 7 days
    • Will buy regardless of condition
    • 100% cash buyer
    • Registered with The Property Ombudsman
    • No hidden costs
    • Uses RICS surveyors
    • Don’t have many reviews
    • Support unavailable 24/7
    • Unclear on the percentage they’ll offer you
Yes Homebuyers logo
  • No reviews
  • 5.0/5
  • 5.0/5
    • 5 star reviews
    • NAPB approved
    • No hidden fees
    • Excellent review ratings
    • Registered with The Property Ombudsman
    • Flexible timeframes
    • Low number of reviews
    • Support unavailable 24/7
    • Offer less than market value
The Advisory logo
  • No reviews
  • 5.0/5
  • 5.0/5
    • Oldest support & advice resource for home sellers
    • Free, expert advice for home sellers
    • Better understand housing market
    • Reviews are very positive
    • Advice has been featured in the national press
    • Not cash house buyers
National Homebuyers logo
  • No reviews
  • 4.1/5
  • 4.3/5
    • Fastest sale time: 7 days
    • 100% cash buyer
    • Will buy regardless of condition
    • Reviews are generally positive
    • Been in business for over 15 years
    • Flexible sale time frame
    • Not registered with The Property Ombudsman
    • Require an upfront fee
    • Support unavailable 24/7
Home House Buyers logo
  • No reviews
  • 3.5/5
  • 4.9/5
    • Fastest sale time: 10 days
    • 100% cash buyer
    • Will buy regardless of condition
    • No hidden costs
    • Registered with The Property Ombudsman
    • Good reviews
    • Only buy properties in England and Wales
    • Not NAPB approved
    • Support unavailable 24/7
Halo House Buyers logo
  • No reviews
  • 4.5/5
  • 4.9/5
    • Fastest sale time: 7 days
    • NAPB approved
    • Uses RICS surveyors
    • No fees to pay
    • Support available 24/7
    • Good review scores
    • Don't have many reviews
    • Unclear whether they can purchase commercial properties
    • Only offer up to 80% of market value
Fast Sale Today logo
  • No reviews
  • 4.4/5
  • 3.0/5
    • Will buy regardless of condition
    • Offer up to 85% of market value
    • Fastest sale time: 7 days
    • No hidden costs
    • Registered with The Property Ombudsman
    • Support available 24/7
    • Offer less than market value
    • Low Google review ratings
    • Don't purchase properties in Northern Ireland
House Buy Fast logo
  • No reviews
  • 4.4/5
  • 4.6/5
    • Sale within 3 weeks
    • Offer up to 85% of market value
    • 100% cash buyer
    • Cash offer in 24 hours
    • Good review scores
    • No fees to pay
    • Offer less than market value
    • Do not cover outstanding loans
    • Offer varies on condition & location
National Property Trade logo
  • 4.92/5
  • 4.4/5
  • 4.3/5
    • Fastest sale time: 7 days
    • Receive up to 85% of market value
    • 100% cash buyer
    • Cash offer in 24 hours
    • 28 days moving grace
    • No fees to pay
    • Offer less than market value
    • Support unavailable 24/7
    • Offer varies on condition & location
House Buyer Bureau logo
  • 4.92/5
  • 4.4/5
  • 4.3/5
    • Fastest sale time: 7 days
    • Will buy regardless of condition
    • NAPB approved
    • Flexible sale time frame
    • Uses RICS surveyors
    • No fees to pay
    • Offer less than market value
    • Offer varies on condition & location
    • Only buy in England & Wales
Property Rescue logo
  • 4.92/5
  • 3/5
  • 4/5
    • NAPB approved
    • Offer up to 85% of market value
    • Will buy regardless of condition
    • Cash offer in 24 hours
    • Guaranteed sale
    • No fees to pay
    • Support unavailable 24/7
    • Lower review scores
    • Offer varies on condition & location
National Residential logo
  • 4.92/5
  • 4.6/5
  • 4.6/5
    • 3 ways to sell house
    • Mix of direct purchase & auction
    • NAPB approved
    • Multiple methods of sale
    • Fastest sale time: 7 days
    • Support available 24/7
    • Lower offers for 7-day sale
    • Some fees to pay
    • Not a 100% cash buyer
Ask Susan logo
  • 4.92/5
  • 4.6/5
  • 4.3/5
    • Fastest sale time: 7 days
    • Member of the NLA
    • Properties bought in GB
    • Cash offer in 24 hours
    • Not a 100% cash buyer
    • No fees to pay
    • Support unavailable 24/7
    • Low online review ratings
    • Fewer accreditations
Sell House Fast logo
  • 4.92/5
  • 4/5
  • 3/5
    • Sale within 4 weeks
    • Offer up to 90% of market value
    • NAPB approved
    • Cash offer in 24 hours
    • Support available 24/7
    • No fees to pay
    • Offer less than market value
    • Not a direct cash buyer
    • Lower online review ratings
Springbok Properties logo
  • 4.92/5
  • 4.2/5
  • 4/5
    • Sale within 4 weeks
    • Not a 100% cash buyer
    • Receive full market value
    • Hundreds of positive reviews
    • Uses RICS surveyors
    • Receive full market value
    • Chargeable fees
    • Longer sale period
    • Not approved by NAPB
Open Property Group logo
  • 4.92/5
  • 4.2/5
  • 4.3/5
    • Fastest sale time: 7 days
    • Receive up to 85% of market value
    • NAPB approved
    • Will buy regardless of condition
    • Flexible sale time frame
    • No fees to pay
    • Offer less than market value
    • Support unavailable 24/7
    • Only buy in England and Wales
We Buy Any Home logo
  • 4.92/5
  • 4.6/5
  • 4.2/5
    • Sale within 3 weeks
    • Guaranteed sale for any property
    • NAPB approved
    • Cash offer in 24 hours
    • Uses RICS surveyors
    • No fees to pay
    • Offer less than market value
    • Offer varies on condition & location
    • Only buy in England & Wales
Quick Move Now logo
  • 4.92/5
  • 4.5/5
  • 4.5/5
    • Sale within 2 weeks
    • 100% cash buyer
    • NAPB approved
    • Cash offer in 24 hours
    • Lots of positive reviews
    • No fees to pay
    • Offer less than market value
    • Support unavailable 24/7
    • Only buy in England & Wales
British Home Buyers logo
  • 4.9/5
  • 4.6/5
  • 4.5/5
    • Fastest sale time: 7 days
    • Not a 100% cash buyer
    • Uses RICS surveyors
    • Flexible sale time frame
    • Support available 24/7
    • No fees to pay
    • Offer varies on condition & location
    • Offer less than market value
    • Not approved by NAPB
The Property Buying Company logo
  • 4.73/5
  • 4.6/5
  • 3.7/5
    • Sale within 3 weeks
    • Offer up to 85% of market value
    • NAPB approved
    • Cash offer in 24 hours
    • Fastest sale time: 7 days
    • No fees to pay
    • Offer less than market value
    • Support unavailable 24/7
    • Offer varies on condition & location

How can I avoid quick house sale scammers?

Quick house sale & cash house buyer scammers operate in several ways. They could simply be ‘middle men’ seeking to sell your details on to real cash buyers, or even traditional estate agents working under a pretence. They may inaccurately value your property or reduce their offer just before completion. Often, they will hide fees in lengthy contracts or make false promises about fast completion dates.

Below you’ll find our tips on choosing a cash house buyer before committing to the sale of your property.

9 tips for dealing with a quick house sale company

1

Make sure they are a genuine cash buyer

Confirm this multiple times if you have to and then check again with their solicitor when the sale is being processed. For extra security, make sure they are members of the NAPB and the Property Ombudsman.

2

Check the small print

Not all providers are the same. While Good Move won't tie you in with fiddly contracts, other quick house sales buyers might. Make sure you do your research first.

3

Double check the valuation figure

Get independent assessments from local estate agents to see whether their figure is too low or too good to be true.

4

Confirm an agreed offer price

Dishonest firms will make high valuations to get you to commit to them before reducing them just before completion.

5

Make sure all fees are transparent

Even reputable companies may charge extra for various services. At Good Move we guarantee there are no fees and no hidden costs.

6

Agree a sale timeline

Reputable cash house buyer companies will commit to a timeline of sale.

7

Ensure there is no third-party involvement

Scan the contract for phrases like ‘option agreements’ which give cash buyers the right to sell via someone else. In particular, look for phrasing like ‘have the right to assign to a third party’. This will likely not be a quick sale.

8

Make sure there is a ‘No Obligation’ policy

If, at any point, you change your mind, a reputable company will let you walk away from the house sale.

9

Check there is a complaints procedure

A good Quick House Sale company will have a good complaints process and will be regulated so you are able to go to the The Property Ombudsman (TPO).

  • 1

    Make sure they are a genuine cash buyer

    Confirm this multiple times if you have to and then check again with their solicitor when the sale is being processed. For extra security, make sure they are members of the NAPB and the Property Ombudsman.

  • 2

    Check the small print

    Not all providers are the same. While Good Move won't tie you in with fiddly contracts, other quick house sales buyers might. Make sure you do your research first.

  • 3

    Double check the valuation figure

    Get independent assessments from local estate agents to see whether their figure is too low or too good to be true.

  • 4

    Confirm an agreed offer price

    Dishonest firms will make high valuations to get you to commit to them before reducing them just before completion.

  • 5

    Make sure all fees are transparent

    Even reputable companies may charge extra for various services. At Good Move we guarantee there are no fees and no hidden costs.

  • 6

    Agree a sale timeline

    Reputable cash house buyer companies will commit to a timeline of sale.

  • 7

    Ensure there is no third-party involvement

    Scan the contract for phrases like ‘option agreements’ which give cash buyers the right to sell via someone else. In particular, look for phrasing like ‘have the right to assign to a third party’. This will likely not be a quick sale.

  • 8

    Make sure there is a ‘No Obligation’ policy

    If, at any point, you change your mind, a reputable company will let you walk away from the house sale.

  • 9

    Check there is a complaints procedure

    A good Quick House Sale company will have a good complaints process and will be regulated so you are able to go to the The Property Ombudsman (TPO).

What should I expect from a genuine cash house buyer?

Transparency

A good cash house buyer will give you all the information you need to make an informed decision without hiding anything in small print or a lengthy contract.

Regulation

A reputable company will be a member of the National Association of Property Buyers (NAPB) and The Property Ombudsman (TPO). A code of conduct will always be adhered to, meaning the property is in safe hands. If anything were to go wrong, you have access to a redress scheme through The Property Ombudsman.

Fees

Where fees are payable they are detailed upfront and never hidden from a seller. With a genuine cash buyer, there are usually no fees to pay.

Speed of sale

On average, a quick house sale will take 2-3 weeks. If a cash house buyer quotes a timeframe, they should always stick to it. Sales can be pushed through quicker if necessary - at Good Move we’ve achieved sales in just 48 hours for the right circumstance.

Professionalism

A fast house sale should be organised and coherently from start to finish. Good Move is staffed by qualified chartered surveyors, and we’ll always be on hand to answer your queries.

No pressure

You should never feel pressured by a quick house sale buyer. Sellers should be open and honest throughout the entire process and provide you with all the information you need to make an informed decision. Here at Good Move, expert staff will always be available to answer any of your questions.

No misleading claims

A reputable quick house sale buyer should always provide you with accurate, clear information about their services and capabilities.

Freedom to use your own solicitor

You should be free to use your own solicitor when dealing with a quick house sale buyer, which is always the case at Good Move. We also have a team of chosen solicitors and are able to deal with all the legal fees and processes, if you'd prefer.

Good communication

A great quick house sales company will let you know what's happening at every stage of your property sale. At Good Move we'll always keep you updated.

Comprehensive complaints procedure

Hopefully everything goes smoothly with your chosen quick house sales buyer but, if you do have an issue, there should be a comprehensive complaints procedure to log and deal with your problem effectively.

Six essential questions to ask a quick house buying company

Are you regulated by the Royal Institution of Chartered Surveyors (RICS) and the National Association of Property Buyers (NAPB)?

Both organisations oversee the property market and NAPB members also belong to the Property Ombudsman who offer independent redress for any disputes.

Do you purchase the properties yourself or do you act as a broker to investors?

If the company says they act as a broker, you should avoid them at all costs. They are reliant on potentially unstable investors.

Are you cash buyers or are you reliant on a mortgage?

Property buying companies may claim "we buy any house" but if they need a mortgage you are better off going elsewhere. Mortgages can take up to 12 weeks to go through and are becoming increasingly difficult to get through mortgage lenders.

Do you have Professional Indemnity Insurance?

Any large property buying company should carry professional indemnity insurance to give homeowners confidence that if anything were to go wrong, insurance is always available.

Do you have a complaint handling procedure?

Homeowners generally like to know that a formal system is in place to manage any problems and resolve them accordingly.

Can your solicitor provide recent evidence of house sales?

It is fundamental to know whether a house buying company has any recent experience in quick house sales. Ask to speak to the solicitors of the company, requesting evidence of TR1 forms and completion statements from recent purchases. If the company refuses, it’s obvious they aren’t cash buyers and are likely acting as a broker trying to facilitate a sale with an investor.

Alternatives to quick house sales

A quick house sale isn’t for everyone, and it’s important you spend time doing your research to ensure it’s the best option for you. Everybody’s personal circumstances are different – what works for one person might not work for you.

While there are many advantages to choosing a quick house sales buyer like Good Move, if you’re looking to sell your house fast to manage financial problems, you may wish to seek help from the Citizens Advice Bureau, Money Advice Service and National Debtline.

Similarly, if you’re struggling to keep up with your mortgage payments, selling your home might not be the only option. You may be able to renegotiate with your mortgage lender to make your payments more manageable.

If you decide you do want to sell your property quickly and safely, contact one of our experienced surveyors here at Good Move, who will be happy to help.

FAQs

  • How long will it take to receive an 'Offer in Principle' and a 'Formal Offer'?

    Every sale is different, and we’ll establish a timescale that works best for you. However, we aim to present you with an offer in principle within 24 hours and complete the sale, alongside providing you with a final offer, within 2-3 weeks.

  • Can Good Move buy any type of property?

    Yes. Regulated by independent bodies such as the NAPB, RICS and NAEA, we can purchase any type of property in England or Wales.