Houses with structural damage, section 20 notices as well as probate homes are often referred to as problem properties. The owners of such properties are prime candidates for a fast home sale!

Major structural issues, subsidence, rising damp or a leaking roof can really complicate the selling process for homeowners. This is understandable, as buyers and estate agents would not want to purchase property that requires extensive financial investment just to get it up to scratch.

A section 20 notice, which is an official document issued by the council, holds all leaseholders liable for a certain percentage of their building’s refurbishment costs. Section 20 notices are problematic on two counts: Firstly, homebuyers are deterred by the noise and inconvenience of construction. Secondly, and more importantly, nobody wants to purchase a home with debt imposed on it.

Probate property, or inherited property, is also problematic as it usually involves lengthy and expensive legal proceedings. If the heir wants to keep the house, he or she will need to sacrifice a significant portion of its market value to capital gains tax. Furthermore, it is often the case that the heir lives in a town or city far away from the inherited property, and may not have any intention of moving. Selling probate property as fast as possible is a convenient way to solve these problems.

A fast cash house sale is also often best when addressing family emergencies such as death or divorce. The last thing you want to worry about after a loved one dies, especially in the case of the breadwinner, is how your financial obligations will be met in future. Many homeowners opt for a fast home sale, as it releases home equity to support them until they are ready to re-enter the property market as cash buyers in future.

Similarly, a fast house sale is favourable in the event of divorce, as it avoids a drawn-out process that could lead to further arguments and disruption for the children.

Homeowners who are about to emigrate or relocate in order to pursue a new career or lucrative business opportunity can also enjoy the advantages of selling their property fast. Considering that extensive planning is required in both instances, a lengthy and complicated home-selling process is the last thing you’ll need!

Consider your property selling options

You could choose to sell your house through an estate agent. If you decide to go this route, however, we strongly recommend that you contact a credible estate agency. Hidden costs, extra charges and waiting periods are just some of the ways in which estate agents often disappoint homeowners. One idea is to request multiple home valuations from a range of companies – this way, you can get a true indication of your property’s market value.

Another option is to auction your property off. Homeowners should only consider this as an absolute last resort, however, as auctions often only yield a small percentage of a property’s market value.

The ultimate fast house selling solution

Thanks to MPG Investments, the UK’s fast house sale specialists, you can sell your house in just 7 days! Do not subject yourself to delays, hidden costs or to the other risks that are mentioned above. Why not consider MPG’s foolproof cash offer?