Tale of Two Cities: How a cash for houses sale made relocation a breeze

There was a time when the majority of us would have lived and worked in the town or city where we were born and raised. These days, in our modern and mobile society, it is common for families to be spread across the country and also move around with increasing frequency. Moving house for many of us no longer means a move to a new road or street but a complete relocation and the issues involved are far more complex.

A recent client story at MPG highlighted some of the problems relocation can uncover when it comes to selling a house. When they were unable to find a cash buyer for their property this particular client came to MPG for assistance, and we were able to make their relocation happen by offering them cash for houses.

The family involved owned a property in Leeds and were delighted when the primary income earner received a promotion at work. The conditions attached to the promotion did however involve relocation to the company's Head Office in Manchester - all within a timeframe of 4 months. Once the details were confirmed, the family set about putting their current property on the market, hoping very much to attract a buyer, interested in paying cash for houses to facilitate a quick relocation.

About 2 weeks later, the family discovered the ideal property on the outskirts of Manchester and put in an offer. The vendor of the property was also looking to secure a quick cash sale, but accepted their offer with the caveat that they must complete the property buying transaction within a 3-week period.

The family's Leeds home had been on the market for some time and despite being in a desirable area of the city, the estate agent had not only failed to secure a cash for houses sale, but also only facilitated 2 viewings of their home. The agent subsequently advised them that the sale might take upwards of three months, mainly as they had so many properties to deal with at that time.

Without a cash buyer for their property in Leeds, our client was being put under increasing pressure to complete on the Manchester house. The only option at that time seemed to be a bridging loan to ensure a purchase of the new property, with the hope that their existing house would sell fast. Sensibly our client calculated interest payments and fees on the loan over a six-month period, as well as estate agent and solicitor's fees involved in their house sale.

Our client then contacted MPG, having heard about our service from a friend. We explained that we would act as the cash property buyer for their home, with a free property value assessment and completion within 7 days. Our 'no fees' structure meant they would not incur penalties (as they would have with a bridging loan) and by removing the Leeds property from the market they would not be liable for any agent's fees.

Our clients moved into their new Manchester property in just over two weeks, enjoying the benefits of a successful and hassle-free relocation. A cash buyer is all it takes, and MPG Investments can offer you a guaranteed cash sale in no more than 7 days.

Contact us today on 020 8732 3555 or email us at enquiry@mpginvestments.co.uk for more information about how MPG Investments can help you relocate with ease.

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