Problem Properties Purchased
As you will know if you have already tried, selling a property with subsidence or a history of subsidence is practically impossible as most buyers will need to arrange a mortgage or some kind of finance.
As will often happen your estate agent will agree a sale on your property only for the buyer to withdraw from the sale three months down the line because their mortgage company will not give them the finance. This is even more of a factor in this current climate.
We are used to buying houses that have not been lived in for many years and are therefore in a state of disrepair. Sometime these properties have even been issued with a dangerous strucure notice by the local authority and in other cases the propertes are even falling down. WE SPECIALISE IN BUYING THESE TYPES OF PROPERTIES!
We are cash buyers and do not require a mortgage or any funding. We can therefore buy your property within a couple of days of agreeing a sale with you.
Each property deal that we agree to purchase is judged on it's own merits. There are very few problems or disputes relating to your property that can't be resolved. The problem is that it takes time, expertise and patience. In our experience most people just want to sell their properties and move on which is not possible unless you sell to a company such as ours.
We Want To Buy Flats With Short Leases
As a company that has a large portfolio of freehold ground rents across Lonfon and the home counties we also purchase flat with short and very short leases. We buy properties with leases of any length up to 80 years. If you are trying to sell a flat with a short lease say of 70 years it is highly unlikely your buyer will be able to arrange a mortgage .
If you are selling a flat with a lease of 50 years you will only be able to sell it to a cash buyer as this property will be unmortgaeable. We specialise in buying these types of properties with short leases.
We also purchase properties with defective leases across london. If you have a problem property that has not been covered by any of the above please call and a director will be able to help and advise you.