FAQ
Should I try to sell my property in an auction before approaching cash house buyers?
If you need a guaranteed sale, think very carefully before you choose auction over a reputable fast house buying company. You only get one chance to get it right in an auction sale scenario:
- The problem with auctions (especially online auctions) is that your property is publicly advertised with a low guide price on Zoopla & Rightmove. It leaves a digital footprint of asking prices, which impacts negatively on future values.
- If your property fails to sell, cash house buying companies will use your low guide price as a starting point for calculating their offers.
Are there any legitimate cash property buying companies in the UK?
There are, but not that many! There are only a handful of genuine cash buying companies in the UK that have the funds to purchase your property, and won't drop the price at the last minute. If you need the services of one of these companies, the main problem you face is knowing how to identify the genuine cash buyers from the scammers. MPSE can get provide you with a list of vetted house buying companies that are genuine cash buyers with a long track record of reliability and honesty.
Is this really a fee free service?
It certainly is. This service is 100% free and MPSE will do everything we can to always keep it that way.
What are the top 10 reasons people contact cash house buying companies?
- Struggling to sell with Estate Agents.
- Inherited property to sell.
- Buying another property.
- Relocating.
- Moving to be near family.
- Divorce/separation.
- Empty property they need to sell.
- Financial difficulty.
- Facing repossession.
- Structural/survey issues
Is MyPropertySellingExpert unbiased?
Absolutely not! Sadly we know (and have seen) too much to be unbiased about house buying companies. We hold very strong opinions and views about who are good in this industry, and who are bad. We will never publicly ‘name and shame’ the bad (or talk negatively about any individual company for that matter), we will go out of our way to help promote the good guys. We make no apology for this. Our priority is you and making sure you have easy access to ‘safe-to-use’ companies that we are able to endorse with 100% confidence.
Are cash house buying companies regulated?
Sadly not. This industry is not regulated and so you should be very suspicious of anyone that claims to be. They can be voluntary members of various schemes, which is a good sign, but it is very “light touch” regulation. If you want a second opinion on anything, we're here to help and always happy to share our expertise freely.
Why should I get an offer from your recommended buyer?
If you are thinking of selling your property to a company that will pay cash, there are many marketing scams, and unreliable (or fake) cash home buying companies you want to avoid. Because it’s such a minefield, we set up this free service to enable you to quickly (and safely) evaluate whether selling to a cash house buying company is right for you.
Do MPSE charge a fee?
To ensure this service is free for you, we have looked at how this can best be achieved. Most of the companies that we recommend have started to pay us a small fee when you request an offer from them. These fees help us:
- Ensure our business can trade so that we can continue to research and vet cash house buying companies.
- Publish and promote insider guides to help house sellers avoid costly scams.
Does getting a fee influence who we recommend?
Definitely not. We are regularly contacted by cash buying companies offering to pay us for our endorsement. Companies cannot buy MPSE approved status – they have to be invited. MPSE approved companies are continually monitored and must maintain standards or lose our endorsement.
How is my personal information protected?
All connections to and from our website are encrypted using Secure Socket Layer (SSL) technology. Read our privacy policy for our privacy and security practices.