What Is A Cash Property Buyer?

Do you know what is meant by a cash property buyer? We expel the myths. 

What Is A Cash Property Buyer?

Do you know what is meant by a cash property buyer? We expel the myths. 

Sell Your Home Fast.

What Is A Cash Property Buyer?

A cash property buyer comes in various forms. Sometimes it can be an individual who has cash resources. Sometimes it can be a company that has private funding.

Serene Sale is a leading cash house buyer in the UK and offers a very straightforward service that offers complete assurance to the property seller.

What Is A Cash Property Buyer?

What Is A Cash Property Buyer?

A cash property buyer comes in various forms. Sometimes it can be an individual who has cash resources. Sometimes it can be a company that has private funding.

Serene Sale is a leading cash house buyer in the UK and offers a very straightforward service that offers complete assurance to the property seller.

What Is A Cash Property Buyer?

What is the Difference Between
a Mortgage Property Buyer and Cash Property Buyer?

The difference between a mortgage property buyer and a cash property buyer in the UK is very simple. A mortgage buyer does not have enough money to buy a property outright. So makes an application to a bank to lend them the money over a long period of time. The bank usually lends the house buyer a sum of debt over a period of typically 20 to 30 years at an agreed rate of interest.

What is the Difference Between
a Mortgage Property Buyer and Cash Property Buyer?

The difference between a mortgage property buyer and a cash property buyer in the UK is very simple. A mortgage buyer does not have enough money to buy a property outright. So makes an application to a bank to lend them the money over a long period of time. The bank usually lends the house buyer a sum of debt over a period of typically 20 to 30 years at an agreed rate of interest.

Risks of Selling to a Mortgage Property Buyer

For those looking to sell a property, one of the problems and frustrations that they often come up against in dealing with buyers who need to take a mortgage. Firstly, the house seller could agree to sell their house for an agreed price with the buyer reliant upon taking a mortgage. It will not be quickly known if this buyer can secure a mortgage or not. Whether the bank will lend on the subject property. 

The whole transaction is at risk if the buyer’s mortgage does not go through. By the time the mortgage falls through, both the property buyer and property seller will have paid several fees that are not reimbursable. Legal fees will have been paid on both sides. The buyer will have also paid fees relating to their failed mortgage application. Further to this, a significant amount of time will have been lost and as per the common phrase, “time is money”.

House sale fallen through?

If a sale falls through after 6 months due to a house buyer failing to get a mortgage. This means that not only is the house seller back to square one. But they will also have had to pay 6 more months of their mortgage costs. Cover 6 more months of their utility bills and cover more costs relating to the upkeep of the property. And unfortunately, there is no guarantee that when the property seller remarkets the property. There will be a different outcome. More fees could be paid, more time wasted and still, no house sale completed.

Risks of Selling to a Mortgage Property Buyer

For those looking to sell a property, one of the problems and frustrations that they often come up against in dealing with buyers who need to take a mortgage. Firstly, the house seller could agree to sell their house for an agreed price with the buyer reliant upon taking a mortgage. It will not be quickly known if this buyer can secure a mortgage or not. Whether the bank will lend on the subject property. 

The whole transaction is at risk if the buyer’s mortgage does not go through. By the time the mortgage falls through, both the property buyer and property seller will have paid several fees that are not reimbursable. Legal fees will have been paid on both sides. The buyer will have also paid fees relating to their failed mortgage application. Further to this, a significant amount of time will have been lost and as per the common phrase, “time is money”.

House sale fallen through?

If a sale falls through after 6 months due to a house buyer failing to get a mortgage. This means that not only is the house seller back to square one. But they will also have had to pay 6 more months of their mortgage costs. Cover 6 more months of their utility bills and cover more costs relating to the upkeep of the property. And unfortunately, there is no guarantee that when the property seller remarkets the property. There will be a different outcome. More fees could be paid, more time wasted and still, no house sale completed.

Sell Your Home Fast.

Sell Your Home Fast.

Why Use a Cash Property Buyer?

An alternative route to selling a property is to use a cash property buyer. This excludes all risks that relate to a buyer taking out a mortgage. Once the cash buyer is in place, the time to completion for a house sale is much faster. The challenge that remains however is how house sellers find a cash buyer. 

Most estate agents do have some cash buyers on their books. But they are much fewer and usually only buy very specific properties. The time to sell a property can therefore still be very long as it takes considerable time to find a cash buyer who would be interested in buying this very specific property.

Sell Your House with Serene Sale Cash Property Buyers

Serene Sale is a cash house buyer with a difference and buys properties of any type in any condition in any location in England and Wales. Even if a property is in very poor condition, Serene Sale will buy the property following one survey to confirm the true value. The cost of the survey is also covered by Serene Sale so there is no risk of the house seller being out of pocket.

Serene Sale, as a leading fast cash house buyer in the UK, also guarantee to buy a property in as little as 7 days, because we have our own funding in place. Once a price is agreed upon with Serene Sale and the survey is complete confirming the value and condition of the property, money is then sent across to the appointed solicitors in readiness for completion.

Using the services of Serene Sale means that property sellers can receive money from selling property in as little as a week, having been exposed to absolutely no fees or no delays.

Why Serene?

Serene Sale is known as a true house cash buyer as we are not reliant upon any form of outside funding and can therefore offer a guarantee that the house sale will be complete. Serene Sale also covers all fees relating to the transaction so that our customers do not need to worry about losing money or a sale falling through.

Speak to our friendly team for advice and get a valuation on your property within 24 hours.

Contact us to get your cash offer

Why Use a Cash Property Buyer?

An alternative route to selling a property is to use a cash property buyer. This excludes all risks that relate to a buyer taking out a mortgage. Once the cash buyer is in place, the time to completion for a house sale is much faster. The challenge that remains however is how house sellers find a cash buyer. 

Most estate agents do have some cash buyers on their books. But they are much fewer and usually only buy very specific properties. The time to sell a property can therefore still be very long as it takes considerable time to find a cash buyer who would be interested in buying this very specific property.

Sell Your House with Serene Sale Cash Property Buyers

Serene Sale is a cash house buyer with a difference and buys properties of any type in any condition in any location in England and Wales. Even if a property is in very poor condition, Serene Sale will buy the property following one survey to confirm the true value. The cost of the survey is also covered by Serene Sale so there is no risk of the house seller being out of pocket.

Serene Sale, as a leading fast cash house buyer in the UK, also guarantee to buy a property in as little as 7 days, because we have our own funding in place. Once a price is agreed upon with Serene Sale and the survey is complete confirming the value and condition of the property, money is then sent across to the appointed solicitors in readiness for completion.

Using the services of Serene Sale means that property sellers can receive money from selling property in as little as a week, having been exposed to absolutely no fees or no delays.

Why Serene?

Serene Sale is known as a true house cash buyer as we are not reliant upon any form of outside funding and can therefore offer a guarantee that the house sale will be complete. Serene Sale also covers all fees relating to the transaction so that our customers do not need to worry about losing money or a sale falling through.

Speak to our friendly team for advice and get a valuation on your property within 24 hours.

Contact us to get your cash offer

Related Articles

Related Articles

Top 7 benefits of selling a house privately

How to sell an inherited property

Selling your house due to divorce

Our Services

Why Sell To Serene Sale?

These are our six pillars with which we are built, to provide the
very best service to all of our clients.

Serene Homes We Buy Any home

Speed of Sale

If you really need the money, we can complete on your property in as little as 7 days giving you the freedom to get on with your life.

We buy your home for cash serene sale

No Hidden Fees

The wonderful thing about our service is that there are absolutely no fees. We agree a price, calculate how much you will receive.

We buy your home for cash serene sale

Friendly Service

If you really need the money, we can complete on your property in as little as 7 days giving you the freedom to get on with your life.

We buy your home for cash serene sale

No Viewings

You don’t need to worry about invasion of privacy as the only visitors you will receive will be related to the valuation.

We buy your home for cash serene sale

Stress Free

We do all the work, you can focus on your next move in life. Whether it’s finding a new home, moving abroad or planning a new start.

We buy your home for cash serene sale

No Fuss

We will buy any property, in any condition and will never complain about any faults. You can sit back and relax while we do all the work.

Sell Your Home Fast.

Our Services

Why Sell To Serene Sale?

These are the six pillars with which we are built, to provide the very best service to all of our clients.

Serene Homes We Buy Any home

Speed of Sale

If you really need the money, we can complete on your property in as little as 7 days giving you the freedom to get on with your life.

We buy your home for cash serene sale

No Hidden Fees

The wonderful thing about our service is that there are absolutely no fees. We agree a price, calculate how much you will receive.

We buy your home for cash serene sale

Friendly Service

If you really need the money, we can complete on your property in as little as 7 days giving you the freedom to get on with your life.

We buy your home for cash serene sale

No Viewings

You don’t need to worry about invasion of privacy as the only visitors you will receive will be related to the valuation.

We buy your home for cash serene sale

Stress Free

We do all the work, you can focus on your next move in life. Whether it’s finding a new home, moving abroad or planning a new start.

We buy your home for cash serene sale

No Fuss

We will buy any property, in any condition and will never complain about any faults. You can sit back and relax while we do all the work.​

Sell Your Home Fast.