To cut a long story short I really need to sell my flat to someone who will not need a mortgage.
I am in London and selling a 1 bed new-built flat in a small brick building. It looks like, although we have no cladding, post-Grenfell, and although I had found a regular buyer banks are reluctant to agree mortgages on any new-built without an ESW1 certificate. Our freeholder won't commission one (or it will be years) because our building has no cladding and is 'low risk' so we are stuck
A quick way to go around this is to find an investor/cash buyer who won't require a mortgage.
I wonder if anyone has any advice about how to attract such a mythical buyer?
I really need to move out of the city for personal reasons and because my health is quite bad, so working is becoming tricky, and I need to cut my outgoings and moving to a cheaper location.
I don't care if I don't make any profit on the flat, I just want out...
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Where to find a cash buyer/investor for a flat? has anyone done this?
12 replies
Requinblanc · 03/09/2020 09:46
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