Archive | May, 2015

The true cost of selling your home in Birmingham

Posted on 18 May 2015 by editor

There have been many reports in the past year that house prices in Birmingham have increased by around 10%. Which is obviously great for most households who want to see equity in their property. But as house prices increase, so does the lion’s share of commission. Estate agents have cut their fees to as low as 0.5%, but because house prices have increased, it’s really nothing more than a trivial balancing act.

History tells us that the housing market is full of highs and lows. We are all more than aware that most first time buyers are being priced out of the market, and this is further compounded by means testing that puts many mortgages beyond most. The days of borrowing 5 times your salary are gone, and all outgoing expenditure is scrutinised so any mortgages, gym memberships etc are all now deducted from any possible mortgage offer.

So what happens when you need to sell your house but you can’t fund any fees or legal costs. Well, there are plenty of companies out there that will help you sell your house fast. One example is quickpropertypurchase.com whom are based in Kings Heath, Birmingham. They specialise in helping you sell your house fast, and provide a no obligation cash offer within 24 hours after researching your market. They even offer £1000 towards your legal costs. This kind of buying and selling homes is really advantageous for homeowners who want to sell their property, even if your home has sitting tenants, are you on the brink of having your house repossessed, or you simply would like to sell your house, but continue to live in it and pay rent. Having your house purchased for cash is a really quick way to release equity for serving other projects or needs, this is not only ideal for individuals who are perhaps stuck for cash, but great for perhaps landlords who need to reduce their portfolio.

Selling your house via an estate agent when you want a quick sale is near on impossible. The condition and location of your property can cause some real problems; estate agents are notorious at keeping you waiting many months, as well as insisting you have a for sale board outside your home and strangers viewing your property. Companies that specialise in selling your house quick, take all this strain away and in most cases for no more than you would have perhaps paid an estate agent and fees. A cash buyer can give you some real flexibility and security when selling your home, and of course it’s completely chain free. But be careful, there are some unscrupulous businesses out there that will try and take advantage of you perhaps being in financial difficulties.

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