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Review – British Homebuyers

Need to sell your property quickly? Have you been searching for a service that will help you sell your home fast, but for a fair cash offer? You have certainly come to the right place, as we at Home House Buyers help our clients sell their houses fast.  

How much you can get?

  • Receive a Cash Offer within 24hrs
  • Completion date to suit you
  • We pay all fees

Who are British Homebuyers?

British Homebuyers is a property buying company that opened its doors in 2012. The industry, one which was vital to so many homeowners, had a bad reputation at the time. British Homebuyers’ vision was to overhaul that reputation.

The company states that they buy any domestic properties, from studio apartments to large multi-bedroom properties. They also buy commercial properties. As the name implies, they are an entirely UK-based company, situated in St Albans, Hertfordshire.

  1. British Homebuyers
  2. Reviews
  3. Our Verdict
  4. Compare with British Homebuyers
  5. FAQs

What services do British Homebuyers provide?

British Homebuyers provide a fast, guaranteed house sale, irrespective of location or the condition of the property. You can get a valuation online using their postcode checker and they’ll approach you with a formal cash offer. This will be a percentage of your property’s market value.

We couldn’t find precisely how much British Homebuyers will pay for a property as each case is different. You should note that it’s unlikely that they’ll pay more than 85%, which falls in line with other companies of this type.

What is the process with British Homebuyers?

The process that British Homebuyers follows doesn’t differ all that much from other ‘we buy any house’ companies.

You start by contacting British Homebuyers one of two ways. The first way is to enter your postcode online after which, you’ll be prompted to fill out an enquiry form. The second way is more direct as it involves ringing them.

Following receipt of a cash offer, a FREE valuation of your property will be arranged. In fact, this involves two independent valuations along with a RICS-accredited survey. Once complete, the company will make you a formal offer, which represents the amount you’ll receive once the sale is complete.

Upon completion of the sale, you’ll receive the full cash amount, which will be transferred to you by the solicitor.

British Homebuyers Positives

  • They cover all fees – you don’t have to cover a single penny to use the service, and you’re under no obligation to proceed with the sale until exchange of contracts.
  • British Homebuyers are fully registered with The Property Ombudsman. This includes a full assessment that ensures they always adhere to the highest standards of professionalism.
  • The company is entirely UK-based with calls always taken by someone in St Albans, Hertfordshire.
  • Customer support is available 24/7.
  • While reviews are mixed, overall, British Homebuyers appears to provide a positive experience.

British Homebuyers Negatives

  • Using British Homebuyers means you won’t receive the full market value of your property as you pay for the convenience of a quick and guaranteed sale. This is standard with all companies that buy properties for cash.
  • British Homebuyers are not members of the NAEA Propertymark or National Association of Property Buyers (NAPB).

Our Verdict

British Homebuyers do precisely what it says on the tin. They are a UK-based company that buys any property for cash offering a percentage of the property’s market value. They do lack an NACB accreditation, though they are members of The Property Ombudsman. They’ve also received mostly positive reviews, so overall appear to be a reliable cash buyer.

FAQs

How Much Do British Homebuyers Pay for Your House?

If you’re expecting to sell your property for its full market value, you’ll be disappointed. As with any cash buyer of this type, you’ll receive a percentage of the market value. This is the trade-off for receiving a quick, guaranteed sale and is a normal practice in this industry.

How Long Does It Take for British Homebuyers to Buy My House?

If you need to sell your house fast, British Homebuyers claim to make a cash offer within 24 hours and can complete the sale in just seven days.

What Are the Costs Associated with British Homebuyers?

With British Homebuyers, you pay no fees whatsoever. All fees, including for the valuation, survey, and legal costs are paid for by the company. You do get less money for your property but remember that if a quick sale is your priority, this is a worthwhile trade-off.

Are British Homebuyers Regulated?

While British Homebuyers may not be part of the NAPB or NAEA Propertymark, they are registered with The Property Ombudsman.

Are British Homebuyers A Cash Buyer with Immediate Funds Available?

The company identifies as a direct cash buyer, which means they’ll always have the funds on hand to buy your property.

Fill out the form below and a representative will be in contact shortly. Alternatively call us on 08006121366 or email info@homehousebuyers.co.uk

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