Selling london flat fast?

[lyka]

Hello
I am looking to sell our London flat fast.
Any recommendations to what companies to use?
What %of market value do they pay if we want to sell within a month?

 

[fisicx]

Fast sale means a lower price. Could be a lot lower

Try these:

We Buy Any House UK | The Nation's Most Trusted House Buyer

What makes We Buy any House the UK's leading house buyer? • Offer in 15 minutes • Guaranteed sale • No fees or commission • Sell in as little as 3 days.

www.webuyanyhouse.co.uk

 

[MBE2017]

Auction.

 

[SEODEV#338055]

Try https://www.marshandparsons.co.uk/sell/

Use the live chat tomorrow morning or call

Get a valuation now https://www.marshandparsons.co.uk/sell/request-valuation/

 

[Socio South West]

Auction.

Not necessarily the fastest as a lot of the legal legwork is done before the auction. Sale -fall of hammer, or completed - is most unlikely to be within a month.

The other thing OP needs to confirm is whether 'sell' means sale agreed or sale completed? Its a piece of cake to get an agreed sale within the timescale simply using price.... but the legal side of it can take ages depending on the backlog of searches etc in that area. Given the level of activity in the property market plus staff shortages owing to covid etc I would be guessing that most councils have fairly long lead times for searches at the moment.

Just hope the buyer is paying cash, isn't too fussy about surveys and has a solicitor/conveyancer who can get things done.

 

[WaveJumper]

And there will be nothing fast if it's above a certain height has any form of cladding as mortgage approvals for potential buyers will be impossible to achieve. Hopefully you're not caught up in the cladding issue.

Just double checked it's 18m

 

[Financial-Modeller]

Auction.

^^^ This.

...alternatively, spam a few forums where people you might find people who can make you an offer...

 

[WaveJumper]

^^^ This.

...alternatively, spam a few forums where people you might find people who can make you an offer...

Think you probably hit the nail on the head there ?

 

[tony84]

Not necessarily the fastest as a lot of the legal legwork is done before the auction. Sale -fall of hammer, or completed - is most unlikely to be within a month.

The other thing OP needs to confirm is whether 'sell' means sale agreed or sale completed? Its a piece of cake to get an agreed sale within the timescale simply using price.... but the legal side of it can take ages depending on the backlog of searches etc in that area. Given the level of activity in the property market plus staff shortages owing to covid etc I would be guessing that most councils have fairly long lead times for searches at the moment.

Just hope the buyer is paying cash, isn't too fussy about surveys and has a solicitor/conveyancer who can get things done.

A lot of places use search indemnity cover now.

 

[Socio South West]

A lot of places use search indemnity cover now.

Yikes! Great for a seller, but for a buyer it sounds like Critical Illness Cover....an insurance product with more loopholes than 100 hangman's nooses

 

[WaveJumper]

Another thread where we never hear back from the OP

 

[tony84]

Yikes! Great for a seller, but for a buyer it sounds like Critical Illness Cover....an insurance product with more loopholes than 100 hangman's nooses

I suppose it depends. I bought my house 4-5 years ago. I was given the option. I went for indemnity insurance. I know the area does not flood, I know there is no planning permission for a prison because I live in a suburban area, there are houses in every direction for about half a mile. Do I need all of those searches? Not really.

As for critical illness, I am not its biggest fan (I prefer income protection and life insurance) but CI pays out around 90-95% of claims. When I worked for Friends Provident we had someone try to claim on their critical illness policy for a broken arm, that goes down as a declined claim and effects the percentage of payouts. It does generally payout. You only hear about the times it does not pay out though and yes some of those decisions seem harsh.

 

[Paul Norman]

A lot of property investors are looking for what they refer to as a motivated seller.

And some of them are in contact with a number of estate agents.

There is a price at which your flat will sell today. You may not like the price as much, but it may be also be a great solution.