Frequently Asked Questions (FAQs)

"What are my options?"

Quick Sale Completions, as an organisation, operate as fast house buyers. Yet, what makes our service stand out from a lot of other companies is that we take time weighing potential solutions to your property problem before discussing any kind of sale - these include:

• Selling on the open market – if you have had your property on the market for some time with no real interest from buyers, you may need to consider slightly dropping your asking price. The alternative is to wait for the market to pick up so you know you can get a good price. Feel free to contact us using the form on the right for some free advice on getting the most for your property;
• Arranging a further advance or remortgage from your mortgage company – you will need to check your statements to see if there is a sufficient amount of equity in the property. As a guide, most mortgage companies in the current financial climate would require homeowners to own a minimum of 30% of the equity in the property. Alternatively, you may decide to take out a second loan secured against your property's equity. Bear in mind that either route means increased debt and higher monthly repayments. This also leaves you exposed to future increases in interest rates;
• A 'payment holiday' and/or payment plan from your current mortgage company and secured loan lender(s) – some homeowners have been able to obtain a 'break' from paying their mortgage (often due to unforeseen circumstances such as illness). Should your lender choose to offer you such an option you should, again, obtain independent financial advice and have a clear idea of how you will repay the loan after the holiday period has ended;
• Converting your mortgage from repayment to interest only mortgage – generally speaking, payments on an interest only mortgage are a lot less but, again, you should be aware of the fact the size of the loan will not be decreasing. You will need to show to the lender that you will be able to resume repayment of the loan at the point when the terms of the interest only loan finish;
• Downsizing to a lower value property – at the present time there are some genuine bargains to be had on the open market and estate agents have a lot of properties on their books. If you can find a buyer for your existing property, you may even be able to part-exchange with someone who is looking to move into a property similar to yours;
• Equity release scheme - an option that might be worth exploring is an equity release scheme. These are schemes designed to allow you to sell your property (typically at 40% - 50% of its value) and stay in your property long term without any mortgage payments. They are designed mainly for the over 55 age group and the low purchase price they offer for the property make them unworkable for people who don't have enough equity;
• Taking on a lodger to help with financial commitments – if you have a spare room maybe you could let it privately to supplement your income;

• Exploring our Part Now, Part Later house buying programme - Quick Sale Completions are able to offer our clients a way of achieving the full market value of their property through a legal instrument called a 'lease option'. In short, we will be able to clear any existing debt against the property (and more, should your circumstances permit) and subsequently give you the remainder balance within a set time period. We are finding that this is suiting many of our clients circumstances at the moment as many are reluctant or not in a position to be able to accept a low offer yet still want to get the best possible price for their home.

  There are several ways in which we can buy the property, depending on your particular circumstances, and we will be able to back the entire process with a legal guarantee. If you would like to have a no-obligation discussing of this programme, please complete our form to the right and one of our experienced Property Consultants will explain the full details.

"What are the pros and cons of a fast sale with Quick Sale Completions?"

Quick Sale competions are able to provide you with a guaranteed sale suited to your timescales. You will also benefit from the fact that there are no estate agents, legal or Home Information Pack (HIP) fees to pay. We are experienced property professionals who pride ourselves in offering an up-front and honest buying procedure. As a fast property buying organisation we, generally speaking, will make an offer of between 15-30% of the open market value. However, we understand that your home is a valuable asset and you may not want or need to sell at this price. For this reason, we have developed a number of ways for which you can achieve the full market value of your house - please complete our enquiry form on the right (towards the top) to find out more information.

"How do I find out about the background of Quick Sale Completions?"

You are welcome to request an up-to-date Criminal Records Bureau (CRB) report, passport photocopy and insolvency report on the company and its Directors. We also receive regular testimonials from our clients which can be view via the following link. For any further questions about our experience as property professionals, please feel free to contact us or email info@quicksalecompletions.co.uk.

"What will it cost me?"

There are no hidden fees with our service. Quick Sale Completions will covering legal, valuation and other related transactional costs (including Home Information Pack and Energy Performance Certificate costs). You will also have the added benefit of not having to pay estate agency fees.

"Do I need a solicitor?"

Quick Sale Completions has its own panel of approved experienced solicitors that we would recommend for you to use. Our choices of solicitors are reflected in the fact that we are experienced in working with them and we know that they are able to work quickly and efficiently for our clients. However, should you wish to use your own solicitor, QSC will cover the cost of up to £500.

"How long does a sale take?"

Even in the current economic climate, on average, we are able to complete in 3-4 weeks (providing there are no issues with the survey and/or legal searches).

Should the matter be particularly urgent (for example, if you are facing repossession), we have been able to exchange contracts in 48 hours using our specialist team of solicitors. We will then arrange for the survey and any conveyancing procedures to be started for completion to go ahead as normal.

"What if I'm facing repossession?"

The Quick Sale Completions legal team can help you arrange a court hearing prior to your eviction date and accompany you to explain the situation to the judge. It is important to keep both the mortgage company and the courts informed of what is happening with a view to delay any eviction date until after the completion of your property sale (and any debts have been cleared). Should the Judge choose to play 'hard ball', Quick Sale Completions will be able to undertake a 48 hour exchange agreement.

"Do you buy property in any condition?"

We buy properties that are in need of extensive refurbishment (for example derelict homes which can be harder to sell through Estate Agents). However, we may need to ask a buildings professional to analyse the associated costs prior to confirming a formal offer.

"Do you buy properties in all areas?"

Absolutely - Quick Sale Completions buy properties across England, Scotland, Wales and Northern Ireland (including remote areas). We also have contacts of quick house buyers across Europe and North America.

"I would like to sell and rent back my property - will this be possible?"

Formerly a popular option for homeowners, changes in legislation now mean that Quick Sale Completions are no longer able to offer sell-and-rent-back transactions. New laws governing the process have been implemented to eliminate the 'cowboy' practices that were occurring in the industry and are therefore to be welcomed. Should you wish to remain in your property and rent it back, Quick Sale Completions will be able to offer the following options:

• Discussing referring you to a partner property buying organisation that complies with regulation;
• Refer you to an Independent Financial Area Manager (IFA) to discuss a home equity release or reversion policy;
• We have an ever-expaning database of landlords throughout the UK - many of who could have a property that suits your requirements. Please feel free to contact us to see if this is a potential option.

"How do I find out if you can help me?"

Please complete our form (on the right hand side) and we will call you back shortly.

"Can you put me in touch with people that have previously used your service?"

Yes - we have a number of satisfied former clients who provided us with written testimonials (originals available by request). We also have several happy former clients who have agreed to speak to people considering using our service - if you would like to speak to them directly, please feel free to contact us.

"What sort of properties do you buy?"

We buy residential property, mainly houses and flats. We would also consider purchasing larger commercial buildings.

"How do your prices compare to those I'd get from an estate agent?"

It depends on a number of factors, including the type, condition and location of the property. We usually pay between 75% and 90% of the open-market value, but will save you on Estate Agent's fees, legal fees and HIP's which will add up to thousands of pounds. In the current climate, many homeowners are having to drop their asking prices due to the fact that there are so many properties up for sale. For this reason, many of are clients are exploring the various methods to help that QSC can help them to achieve the full market value. For more information please feel free to contact us.

"I'm a landlord and want to sell my property but protect the rights of my tenants?"

Your tenants will be protected by any existing contracts or covenants that you have in place. As experienced landlords ourselves, we full understand the processes and procedures behind letting property and we will endeavour to tailor the best solution for all concerned.

"Can you tell me more about your post-sales service?"

Dealing with homesellers on a daily basis, we understand that the process of selling moving house can be a stressful period, particularly if you have lived in the property for a long time. For this reason, our post-sales service is there to assist you with any plans have when the house has complete. As an example, we recently helped a client re-schedule a flight abroad due our completion date being bought earlier and we have housed clients are waiting to move into to their new home. We also have a 24-hour help-line for any unexpected problems or issues.

"What is a 'Hometrack' valuation report and how can I get one?"

As part of our service, we offer anyone who requests a FREE report on their property published by our trusted partners at 'Hometrack'. In the document (which can be emailed or posted to you) you will find a wide range of infomation including recent sold data, estate agent sentiments, differences between sales and asking prices and other indicators of market activity. For more information, please go to our Hometrack Information Page.

"I have a portfolio of properties to sell"

As experienced property buyers, we are used to conducting a range of different sized transactions and have the infrastucture, contacts and knowledge in place to be able to handle the purchase large volumes. As with all our agreements, we will be able to complete within 20 working days and will cover all associated costs. We can also discuss the potential of undertaking our 'part-now, part later' property buying programme (enabling you to achieve the full market value of your portfolio).

"What happens if there are two names on the deed, one of which doesn't agree to the sale?"

Quick Sale Completions main objective is to work with our clients to find mutually beneficial solutions. However, we would not unable to complete all legal owners sign the contract of sale and deeds. Should this be the situation, we may be able to come to an agreeable solution for all parties through our various other property buying solutions.

"I have more questions..."

We are happy to answer them – email us at info@quicksalecompletions.co.uk or please complete our form to the right (and above) of this webpage ('FAST, 60 SECOND ENQUIRY") and one of our Property Consultants will be in touch fo an informal chat.