We buy any house

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Wscad
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We buy any house

Post by Wscad »

We have a house we want to sell with sitting tenants. Has anyone on here ever sold a house this way. We know we won’t get full market value, we just want to get shut of it. The current tenants pay rent on time every month
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Yorick
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Re: We buy any house

Post by Yorick »

Sounds OK. But get the best lawyer you can. They might try it on.
Nordboy
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Re: We buy any house

Post by Nordboy »

I think the general thing with these companies are that they'll only end up offering you 60-70% of the value of the property.

After all, they don't really want your house, they want to make money?
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weeksy
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Re: We buy any house

Post by weeksy »

Nordboy wrote: Sat May 30, 2026 1:40 pm I think the general thing with these companies are that they'll only end up offering you 60-70% of the value of the property.

After all, they don't really want your house, they want to make money?
Spoke to a couple when ours was up at £440k, they were coming in at £350k-360k. I got the impression they're generally reputable but often try to come down late in the day. Its a lot of cash to drop but if your priority is getting it sold, then maybe it works
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Cousin Jack
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Re: We buy any house

Post by Cousin Jack »

May be better to look for an estate agent that does commercial stuff. An existing landlord may be happy to buy property with a good tenant.

I had some issues selling in the past and spoke to a couple of instant purchase companies. 80% of market value is about the most they will pay.
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Taipan
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Re: We buy any house

Post by Taipan »

My Sister wanted to offload a flat and they came in at a very low offer, which she agreed to, but they came back at the point of exchange with a necessary revised offer due to market changes of £20k lower! :roll: She said no and they bailed on the whole deal. I gather thats their MO.
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ZRX61
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Re: We buy any house

Post by ZRX61 »

In the US these companies are Wall St investment firms...
The Martian
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Re: We buy any house

Post by The Martian »

Before we bought our place we were in a rental that changed owners, they were happy to have good tenants in place.
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