If you’re considering selling your house to The Property Buying Company, it’s important to understand how their service works, what previous customers say, and how they compare with other cash house buyers.
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Who are The Property Buying Company?
The Property Buying Company is a direct cash buyer based in Wetherby, England, that purchases properties in England and Wales. The company’s website states that it has over 50 years of experience buying properties. While the company can offer a smooth and fast sale with many properties sold in just two weeks, sales can take as long as three months.
The company are fully registered with The Property Ombudsman and are members of the National Association of Property Buyers (NAPB). As such, they follow the strict standards set out by both organisations, assuring customers of a service they can trust.
- The Property Buying Company
- Reviews
- Our Verdict
- Compare with The Property Buying Company
- FAQ’s
How Does The Property Buying Company Work?
The process generally follows these steps:
- Request an initial valuation.
- Receive a preliminary offer.
- Property assessment and survey.
- Receive a final offer.
- Solicitors are instructed.
- Completion takes place.
Like most professional cash buying companies, they cover legal and valuation costs for sellers.
The Property Buying Company Reviews
When researching The Property Buying Company reviews, most homeowners are looking for genuine customer experiences, feedback on offer levels, and evidence that the company delivers on its promises.
The Property Buying Company has built a significant online reputation over the years, with thousands of customer reviews published across independent review platforms. Many positive reviews highlight the company’s professional communication, friendly staff, straightforward selling process, and ability to complete property purchases quickly.
Customers who leave favourable reviews often mention the convenience of avoiding estate agent fees, lengthy property chains, and the uncertainty of the open market. Sellers who need a quick house sale frequently praise the speed and simplicity of the service.
As with most cash house buying companies, some reviews are less positive. Common criticisms include offers being lower than expected. This is generally because cash buying companies provide a fast and guaranteed sale in exchange for purchasing below full market value.
When reading The Property Buying Company reviews, it is important to consider both positive and negative feedback, compare experiences across multiple review platforms, and understand that final offers can vary depending on property condition, location, and market conditions.
Homeowners considering selling to The Property Buying Company should also compare reviews, ratings, and offers from alternative cash house buyers before making a final decision.
Pros
Established Company
The business has operated since 2012 and is one of the most recognised names in the quick house sale sector.
Fast Completion
Some transactions can complete within a matter of weeks depending on legal circumstances.
No Estate Agent Fees
Sellers avoid estate agent commissions, valuation fees and standard legal costs.
Chain-Free Buyer
The company purchases directly, removing the risk of onward chains.
Cons
Below Market Value Offers
Like all cash buying companies, sellers should expect a discount in exchange for speed and certainty. Offers are commonly reported at around 75% to 85% of market value.
Not Suitable for Every Seller
Homeowners prioritising maximum sale price may achieve more through an estate agent.
Offer Levels Can Vary
Final offers depend on property condition, location and survey findings.
Our Verdict
With links to both The Property Ombudsman and the NAPB, The Property Buying Company are certainly a trustworthy direct cash buyer. For the most part, customers can sell their homes quickly, receive around 80% of the market value, and pay nothing for the company’s services. While some reviewers have noted receiving far less than 80%, the overall experience appears to be largely positive.
When compared to other cash house-buying firms such as We Buy Any Home and Home Buyers UK, The Property Buying Company holds its own, particularly in terms of transparency and professional standards.
Offer Value:
Like most cash buyers, The Property Buying Company typically offers around 75–80% of your property’s market value. However, some reviewers have reported variations, so it’s wise to gather offers from multiple companies to ensure you’re getting a fair deal.
Service and Speed:
Similar to its competitors, The Property Buying Company focuses on delivering fast, hassle-free sales often much quicker than selling through a traditional estate agent. Many companies, including this one, also cover legal and valuation costs, making this aspect fairly standard across the industry.
Regulation:
The Property Buying Company stands out for being a member of both The Property Ombudsman and the National Association of Property Buyers (NAPB), aligning it with the more reputable names in the industry. Always confirm that any company you’re considering is similarly regulated for peace of mind.
Customer Experience:
Reviews are mixed across the board in this sector. It’s important to check recent feedback on platforms like Google and Trustpilot, as experiences can vary significantly in terms of both offer amounts and customer service.
Bottom Line:
If you want to maximise your return, it’s best to contact several well-reviewed and properly regulated companies. Compare their offers carefully and consider the pros and cons of each before making your decision.
FAQs
How Much Do the Property Buying Company Pay for Your House?
You’ll receive up to 80% of the property’s market value, though some reviews have noted receiving less. Therefore, factors such as location and condition may affect the final offer.
How Long Does It Take for The Property Buying Company to Buy My House?
On average, you can expect to receive a conditional offer within 24 hours and for your property to be purchased within 2-3 weeks. Though the site does state that sales can take as long as 12 weeks (3 months).
What Are the Costs Associated with The Property Buying Company?
As with most other direct cash buyers, you pay no fees. This includes valuation, survey, and legal costs. The trade-off is that you receive less than the property’s full market value.
Will I Receive Full Market Value?
No. Like all direct cash house buyers, the trade-off for speed and certainty is usually a reduced sale price.
Are The Property Buying Company A Cash Buyer with Immediate Funds Available?
Yes – they always have the funds available and do not rely on third-party funding sources, e.g., investors.