: Significantly below market value to allow for company profit.
: Legitimate companies typically cover all legal and survey costs.
: Some firms act as "middlemen" for investors, which can take months. Expert & Community Perspectives
: You are essentially paying for speed. While some companies claim to offer up to 90%, most cash offers typically fall between 70% and 85% of the property’s true market value.
: Reputable firms should be members of The Property Ombudsman (TPO) and the National Association of Property Buyers (NAPB) . The Good and the Bad Speed : Can complete sales in as little as 7–21 days.
“They will absolutely you over in any way they can. They'll... pull the price down over every issue, then probably lower the offer just before completion when you're financially dependent on the deal going through.” Reddit · r/HousingUK · 2 years ago
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