Help & Advice
Our Help & Advice section is dedicated to assisting those who may face problems in the house selling process. With top tips and government advice, there is a plethora of information readily available to you should you need to access it.
It’s important to know whatever issues arise, you aren’t alone in the matter. Many have found themselves in similar situations, which is why webuyanyhouseonline.co.uk is offering our expert advice for those selling their homes. If your issue doesn’t appear on this page, don’t hesitate to get in touch.
It’s important to know whatever issues arise, you aren’t alone in the matter. Many have found themselves in similar situations, which is why webuyanyhouseonline.co.uk is offering our expert advice for those selling their homes. If your issue doesn’t appear on this page, don’t hesitate to get in touch.
Selling your house with sitting tenants
We understand that circumstances change all the time, meaning that a landlord may find themselves suddenly needing to sell their property, even if there are still tenants living on the premises. We always recommend discussing the situation with your tenants before selling the property, to allow them to find alternative accommodation. As a company, we offer to take over any outstanding tenancy agreements on your behalf, ensuring your renters are still able to live at that property. We know that some tenants can make the process difficult for sellers, so make sure to keep them informed throughout the process to reduce the chance of conflict and stress. Luckily for landlords, there is very little a tenant can do to stop the process of selling a house. So if your mind is set, be reassured by knowing that the decision is completely yours.
Stopping House Repossession
Having a house on the border of repossession may make you feel stuck or out of options, but there are actually numerous ways to prevent this situation. Selling your house before repossession occurs can be your means of escape and can also provide you with quick and easy cash. If you are reluctant to do this, there are other ways such as receiving help for your mortgage repayments. This is called Support for Mortgage Interest, or SMI, and can only be used on your mortgage interest rather than the repayment itself. It is a government scheme aimed to help homeowners, check if you’re eligible today at https://www.gov.uk/support-for-mortgage-interest Stopping house repossession could be as simple as making a plan to pay towards your arrears, but we understand that this isn’t an option for many people. It is possible for your lenders to revise your mortgage terms and is always worth discussing this with them.
Advice and Top Tips for Cash Home Buyers
For those who are able to buy their house with cash, the process can come with many benefits. With no risk around securing a mortgage, it is not only much more successful but also a much quicker process. This is a positive not only for the buyer but for the seller as well. Research shows that 15% of unsuccessful purchases were the result of sellers pulling out because the process was taking too long.
However, cash home buying can come with its disadvantages for both buyers and sellers. Whilst the risk is significantly reduced, cash home purchases can still fall through like any other property sale. If a property is listed as “cash buyers only” there may be an underlying reason. This could be anything from a quick location change to an unmortgageable property. To avoid this possibility or if you are worried this may be the case, you can always get a homebuyers survey to prevent unexpected costs further down the line.
However, cash home buying can come with its disadvantages for both buyers and sellers. Whilst the risk is significantly reduced, cash home purchases can still fall through like any other property sale. If a property is listed as “cash buyers only” there may be an underlying reason. This could be anything from a quick location change to an unmortgageable property. To avoid this possibility or if you are worried this may be the case, you can always get a homebuyers survey to prevent unexpected costs further down the line.
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Broken Chain - How can we help?
A broken house chain refers to a break in the house buying process, either as a seller or a buyer. For example, if your buyer pulls out whilst you are in the process of purchasing another property, this breaks the chain and you could find yourself in a difficult financial situation. 1 out of 5 failing house sales are due to a property chain break, so there is plenty of advice readily available and you are not the first to have experienced this. It’s extremely difficult to prevent a chain from breaking as you are reliant on others whose circumstances may change at the drop of a hat.
They are also not easy to fix, so if you do end up with an unreliable buyer, allow us to step in and resolve the issue. Webuyanyhouse can provide you with a quick and easy cash solution should you need a rapid solution. We remove the possibility of a broken chain, by becoming a sturdy and reliable step in your house selling process.
They are also not easy to fix, so if you do end up with an unreliable buyer, allow us to step in and resolve the issue. Webuyanyhouse can provide you with a quick and easy cash solution should you need a rapid solution. We remove the possibility of a broken chain, by becoming a sturdy and reliable step in your house selling process.
Part Exchange - What is it and How can it Benefit you?
With an ever-changing and erratic house market, people are always looking for more secure ways to sell their property. Part exchanging is a relatively new process that a growing number of people have been taking part in over the past few years. The part exchange home scheme is the option of trading in your current property when looking to purchase a new one, using it as a part-payment towards your new house. Similar to trading in an old car for a new set of wheels.
One of the major advantages to this process is a guaranteed sale for your home, instead of bracing the stressful property market. There is also no risk of a broken house chain, something that can cause multiple issues when buying and selling properties. However, you should keep in mind that not all homes are suitable for part-exchange, and the offers tend to be below market value.
If you want the most cash you can get out of your current home, part-exchanging might not be for you. But, if you want a quick and trustworthy sale, it’s certainly worth looking into.
If you want the most cash you can get out of your current home, part-exchanging might not be for you. But, if you want a quick and trustworthy sale, it’s certainly worth looking into.
Enquire now for the fast sale for Your Home!
In some cases we can complete the purchase of your home in under a week. Get in touch with our team below to get the process started today.