How Do 'We Buy Any House' Companies Work?

No Fees, No Obligation, Cash Offer.

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    HomeAdvice › How Do 'We Buy Any House' Companies Work?
    A “we buy any house” company buys your property directly for cash, rather than listing it for you. You share the details, they make a cash offer (usually 70–80% of market value), and if you accept, their solicitors handle everything. Because there’s no chain, no mortgage and no estate agent, a genuine company can complete in as little as 7 days, with no fees.

    The process, step by step

    1. You get in touch. A quick call or online form with your address, the property type and your situation. No home visit needed to get started.
    2. They assess and make an offer. Using sold-price data and the property’s condition, a genuine buyer makes a firm cash offer – usually within 24 hours.
    3. You decide, with no pressure. The offer is free and no-obligation. If it’s right for you, you accept; if not, you walk away at no cost.
    4. Solicitors do the legal work. A reputable company instructs (and pays for) the conveyancing. You can use your own solicitor if you prefer.
    5. You complete on your date. Because there’s no chain, completion can happen in as little as 7 days, or whenever suits you. The funds land in your account.

    How do they buy so quickly?

    Three things a normal sale can’t offer: they are the buyer (no onward chain), they use their own cash (no mortgage application to wait on or fall through), and they handle the paperwork (no delays chasing an agent). Remove the chain, the lender and the agent, and a sale that normally takes months can happen in days.

    How do they make money?

    They buy below market value and either resell, renovate and resell, or let the property. The discount to market value is their margin – and it’s also what pays for the speed, the certainty and covering your costs. A transparent company will tell you this openly. Here’s exactly how much cash buyers pay and why.

    Are they all the same?

    No. Some “we buy any house” sites are actually lead-generators that sell your details on, rather than buying the house themselves – which adds a middleman and slows things down. A genuine buyer, like Property Buyers Wales, buys the property directly. Learn how to tell a genuine company from a lead-generator.

    Common questions

    Do we buy any house companies really buy any house?
    Genuine cash buyers will consider almost any property – any condition, any situation, including problem properties others avoid. The offer reflects condition and location, but the answer to “will you buy it?” is usually yes.
    How long does the whole process take?
    From first contact to money in the bank can be as little as 7 days with a genuine cash buyer, though you can choose a later date if it suits you better.
    Is there any obligation when I get an offer?
    No. A proper cash offer is free and no-obligation. You’re free to decline and walk away at no cost.
    Do I pay anything to sell this way?
    With a reputable buyer, no. There are no estate-agent fees and no legal fees when you use their solicitor. Be wary of any company asking for money up front.

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