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Original poster

Experience- 'We buy any house'

40 replies

Kate9423 · 28/11/2024 17:55

Has anyone got first hand experience of using one of these companies?

Looking for genuine experience

OP posts:
Original poster
Kate9423 · 29/11/2024 14:16

pinkdelight · 29/11/2024 12:29

Tbf, the three examples on here from people who've actually used them/known people who've used them, aren't the massive rip-offs I was anticipating. Getting 200k instead of 260k or 140k instead of 180k is better than expected and not bad for a guaranteed sale straightaway instead of the hell of chains, uncertainty etc. Course OP can go for the open market, but makes sense to at least ask the question here and she's clear what she's looking for - first-hand testimonies. Which mine isn't, so sorry about that, but still been an interesting thread!

Thanks for your input though! Always welcome rather than just assumptions.

OP posts:
Another2Cats · 29/11/2024 15:35

Kate9423 · 29/11/2024 10:20

Definitely looking for first hand experience rather than what people imagine goes on Grin.....

Thanks though for the replies

This is from a few years ago. We were looking for a quick sale of a property that needed quite a bit of work doing to it (including replastering, new kitchen & bathroom, new windows etc)

We approached one of these companies and also looked at selling it by auction.

Quite coincidentally, we heard back from the company while the valuer from the auctioneers was actually looking round the house.

The auctioneer advised us to go with a low reserve to encourage people to take an interest and that bidding would then bring the price up to a more realistic level.

The offer we got from the "we buy any house" company was way below even the low estimate that the auctioneer suggested we place on the house to encourage bidding at the auction.

In the end, the house went for way above the reserve and actually quite close to what similar properties were being sold for locally at that time by doing it normally.

For actual numbers, It sold at auction for £170k (less fees) after having a reserve of £120k. I can't remember the exact offer from the company, but it was around £100k.

isitsnowingyett · 29/11/2024 18:19

devongirl12 · 29/11/2024 11:57

If you are not desperate and your house could sell on the open market then I don't understand why you would.

Unless you have so much money that you don't mind losing a huge percentage on the sale of your home.

The case with our family was that it was during or after Covid. The market had stalled. A quick sale was needed after months on the market to secure another property which had to sell due to a probate issue.

XelaM · 02/05/2025 19:25

Bumping an old thread, but I urgently need to sell my London flat, which I think would sell on the open market but I'm after a very quick and hassle-free sale for personal reasons. It's a 3-bed ground floor flat with a garden in need of some TLC but not major (more like a paint job rather than any major work). It's right opposite a good primary school and 15 mins walk from various outstanding/good secondary schools. 10mins walk from a tube station/shopping centre. Zone 3. It's great for anyone either with young kids or looking for a buy to let as it would rent really well.

Anyone who has had any personal experiences with any of these companies- could you please let me know which one you have used and how it worked out? Thank you.

XelaM · 02/05/2025 19:28

Or if you have used an auction house- could you please let me know which one?

Another2Cats · 02/05/2025 19:29

XelaM · 02/05/2025 19:25

Bumping an old thread, but I urgently need to sell my London flat, which I think would sell on the open market but I'm after a very quick and hassle-free sale for personal reasons. It's a 3-bed ground floor flat with a garden in need of some TLC but not major (more like a paint job rather than any major work). It's right opposite a good primary school and 15 mins walk from various outstanding/good secondary schools. 10mins walk from a tube station/shopping centre. Zone 3. It's great for anyone either with young kids or looking for a buy to let as it would rent really well.

Anyone who has had any personal experiences with any of these companies- could you please let me know which one you have used and how it worked out? Thank you.

Edited

I posted on this thread earlier. If you look above. I would repeat what I said then.

"It's a 3-bed ground floor flat with a garden in need of some TLC but not major (more like a paint job rather than any major work)."

This is precisely the sort of property that sells well at a traditional auction.

WallaceinAnderland · 02/05/2025 19:39

I read some reviews where they reduce their offer just before exchange. If you back out, you still have to pay their 'admin' fees so obviously check the small print for this before you sign any contract.

Original poster
Kate9423 · 02/05/2025 19:41

I’m currently looking at SmoothSale. They were the highest offer for cash but also seek an investor if you want to go down that route. No admin fees etc. this isn’t a recommendation as I’ve not been through it completely with them yet, but they’ve been the most open so far.

OP posts:
2025mustbebetter · 02/05/2025 19:50

I had a quote for £480,000 on the phone for my house which is valued by EA at £500,000 I thought it was good but they said subject to their visit. I didn't go ahead but I would have been happy with £480,000 assuming it went that far!

2025mustbebetter · 02/05/2025 19:52

Also just to add I spoke to 3 different companies and they had wildly different initial quotes from 420 to 480. Like with anything I guess you need to shop around

XelaM · 02/05/2025 20:33

Another2Cats · 02/05/2025 19:29

I posted on this thread earlier. If you look above. I would repeat what I said then.

"It's a 3-bed ground floor flat with a garden in need of some TLC but not major (more like a paint job rather than any major work)."

This is precisely the sort of property that sells well at a traditional auction.

Show quote history

Thank you! I'm definitely considering auctions too. Which auction house did you use?

XelaM · 02/05/2025 20:37

2025mustbebetter · 02/05/2025 19:52

Also just to add I spoke to 3 different companies and they had wildly different initial quotes from 420 to 480. Like with anything I guess you need to shop around

Thank you!

I have so far only contacted "We buy any property" and I will contact "SmoothSale" as @Kate9423 mentioned. Which other ones did you use? I haven't got as far as a quote yet - only completed the initial form.

2025mustbebetter · 02/05/2025 20:58

I think one of them was springbok properties, trying to remember the one I got the best quote from, it was at least 6 months ago.

For clarity my house is a new build (5 years old) so I guess may be different to one that's suitable for auction and very easily saleable as it's in a popular area, I was looking for a quote because of a financial disaster we had! Luckily it was resolved another way.

ItisIbeserk · 02/05/2025 21:12

If they are anything like the car equivalents, and they may not be, the initial quote will almost certainly be higher than they actually pay in the end.

GreengrassofW · 02/05/2025 23:02

@XelaM try modern method of auction, the buyer pays the fees. I bought a house this way and i think it was quite good for the seller. Those "webuyanyhouse" companies thrive on desperate sellers and will try and pay under market value, whilst pretending to care about your vulnerable situation. Auctions are fairer

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