We Buy Any House Reviews (Are they Worth It in 2024?)
Updated: May 2024
Are you considering using We Buy Any House in 2024 because you want a quick sale and get the best price possible for your home but want to verify their reviews?
We reveal top tactics to get the best price for your house and ultimately to ensure your house sale is completed when and how you want.
- We explain how they work, pro's and con's with our comprehensive review
- We cover what you should check in We Buy Any House Reviews 2024 and how to validate if they are legitimate
- Bonus: Learn the negotiation tricks to watch out for and how much they knock off the original asking price
We Buy Any House Reviews
Webuyanyhouse.co.uk reviews & overview (2024)
We Buy Any House purchases properties across the UK; it is owned by property professionals with good reviews.
As their name suggests, they buy any home, in any condition. They are cash buyers that offer a reliable cash-buying service.
Let's delve deeper and look closely at We Buy Any House and its services.
How their quick sale process works:
- Step 1: Enquire via their website using their contact form or by calling them for a callback.
- Step 2: They will provide a cash offer within 24 hours.
- Step 3: If you wish to continue, a surveyor will carry out a 3rd party valuation of your property. After this step, they will provide a final formal cash offer. They can complete the sale in as little as 7 days if you accept.
How much below the market value do We Buy Any House pay for a property?
According to their website, We Buy Any House offers up to 90% of the market value of a property.
Cash home buyers make money by offering below market value for a property. This allows them to profit by selling the property or renting it out to generate income.
The good news is that We Buy Any House reviews suggest that they may entertain haggling and negotiation.
For example, Janet Grinstead noted in her review left on Trustpilot:
Originally offered £272k, this was reduced to £220, then survey was done and tried to reduce down to £210k. Eventually, they went back up to £220k, which is not a great company to deal with. On a positive note, the communications was great
The We Buy Any House Factsheet
*Data updated and correct as of 10/03/2024
Fact Check
- Number of employees?
- What is their aim to buy time-frame?
- How many sales have they agreed?
- Number TrustPilot reviews?
- Number of Google reviews?
- When were they incorporated?
- What are their Opening times?
- Which Locations do they buy in?
- Is a house inspection needed?
- What is Good Move's website?
We Buy Any House
- 11-50 employees
- 3-28 days
- Hundreds
- 387 TrustPilot reviews
- No Google reviews
- Established in 2010
- 24/7
- England, Wales and Scotland
- It is not required
- https://webuyanyhouse.co.uk/
We Buy Any House (External Reviews)
We Buy Any House is reviewed on several websites – we have highlighted some below.
Trustpilot Reviews | Google Reviews | Reviews.io |
---|---|---|
387 reviews | No reviews | 25 reviews |
4.4 score | 4.7 score | |
38 reviews are 3 stars or below |
*Reviews are updated and correct as of 10/03/2024
Broadly speaking, We Buy Any House has positive reviews from its customers with the majority being on TrustPilot. Their customers often describe them as having been very communicative and helpful.
Note: Keep in mind these are different to we buy any home reviews, a totally different company.
For example, a review from Lucy on 26th February 2024 said the following:
Pia was very polite and dealt with my request for a viewing very professionally getting me in the next day! She's a credit to the company.
- Lucy
That being said, it's important to note that not all customers were satisfied with the service they received from We Buy Any House. Some reported that certain staff members were impolite. Furthermore, there was an occasion when We Buy Any Home offered a customers initial offer was reduced further after he had signed.
An example of this comes from a review from Tina on the 8th of January 2024 said the following:
AVOID AT ALL COSTS! Stated they could sell my house in 6 weeks (at 20k less than market value for quick sale). To avoid delays and estate agents I agreed. 4 months later after much much stress and hardship, they completed. I could have sold at market value with a local estate agent in this length of time. They are full of false promises. Would definitely NOT recommend to anyone.
What are the Pros and Cons of Using We Buy Any House?
If you're interested in selling your home with We Buy Any House, we've listed some of the pros & cons of choosing them:
Positives of We Buy Any House:
- They were established in 2010.
- They can purchase within 7 Days.
- They pay for the valuation fees and legal fees and take no commission.
- Their online valuation uses Rightmove Plus, Land Registry house sales, and valuations completed by local and independent estate agents.
Negatives of We Buy Any House:
- Fewer Reviews: In some cases, they have offered a lower market value for a property, only 70%.
- Lower cash price: We Buy Any House appears to offer 80% of a property’s market value.
- May employ gazundering tactics: Some of the online reviews claim that the company continued to reduce their offer at the last minute, meaning the final amount received was far less than the initial offer.
- Not registered with NAPB or TPO: We Buy Any House is not registered with the National Association of Property Buyers (NAPB) or the Property Ombudsman. Companies registered with these national associations offer clients greater peace of mind as they ensure ethical and professional conduct in the property industry.
Our Top 7 Tips on How to Get the Best Sale Price from We Buy Any House Companies
1. Our best trick: Get offers from multiple companies and use them as leverage to ask for a better offer
If the original cash offer is not what you were hoping for, but you prefer to use that property company, get more offers from other firms and use those to negotiate, you can even ask and compare other benefits like cash advances. Some sell house fast companies may even give a 'guaranteed cash offer'. These are always worth keeping track of.
2. Imply interest elsewhere
Even if this property is your dream home, don't let the agent know! Imply you're considering other options. This counters their common tactic of pressuring you with claims of 'high interest' in the property.
3. Get valuations from other sources, so you know where you stand
The easiest way is to talk to a couple of local estate agents and ask them a simple question: "If you were to put my house up for sale right now, giving it 4-8 weeks, what price would you be the most confident in achieving that's as close to the asking price as possible?"
The question above encourages agents to give you a more considered estimate of open market value (as opposed to the deliberate overvaluation used to impress and win new clients).
Online property companies such as Zoopla and Right Move make it easy to see what similar properties in any area have sold for and those on the market today. The Land Registry website is also reliable for searching average house prices in any area.
4. Negotiate the details
A quick house sale company won't mind some haggling. Don't forget to negotiate terms and benefits other than the selling price.
Things like any reductions to the offer due to essential renovations, cash advances, the exact completion time, solicitors, and even who and when the keys will be handled by!
5. Demonstrate your sellers' appeal
Highlight any positive aspects that make your property appealing!
A chain-free sale, recent renovations, or promising local development could make a buyer more willing to negotiate on price – especially if comparable homes have sold for less.
6. Shop around - Research other firms' pros/cons
Not all companies that buy houses are the same. Make sure you look at what different ones can offer.
7. Take your time. Don’t commit too early in the process
Don’t sign on the dotted line until you have a final offer in writing. Don’t rush or be pressured into a decision. Furthermore, a genuine cash-buying company does not need you to sign any documentation upfront. They will conduct the surveys first and then present you with an offer. If accepted, solicitors will be instructed. The only documents you should be signing are the official solicitors' paperwork. This way, you are protected as solicitors are regulated by the solicitors regulation authority (SRA).
We Buy any House Companies - Overall Verdict
We Buy Any House are national property buyers who appear to be reliable cash house buyers. They can complete a sale quickly and will buy any house in any condition. Most of their reviews are positive, and the customers suggest they usually offer up to 80% of the market value for your property.
*This article is a comparative analysis review based on publicly available data, customer reviews, and personal research. We are not affiliated with We Buy Any House or any other house buying company mentioned. The information provided is intended for informational purposes only and should not be taken as financial or professional advice. We encourage readers to do their own research before making any decisions.
The We Buy Any House Factsheet - (Free Download)
You can now access all the key information about We Buy Any House in the Factsheet infographic we have created below.
Simply click on the image or the link that appears after the factsheet, and it will automatically download it to your device!
House buying company | Trustpilot score | Google score | Feefo score |
---|---|---|---|
Housebuyers4u | 4.8 | 4.7 | 4.7 |
HouseBuyFast | 4.0 | 4.7 | 4.8 |
Quickmovenow | 4.3 | 4.4 | 4.9 |
Goodmove | 4.9 | 4.8 | No reviews |
Property Buying Company | 4.6 | 4.2 | No reviews |
Property Solvers | 4.7 | 4.8 | No reviews |
National Homebuyers | 4.5 | 4.1 | No reviews |
Open Property Group | 4.7 | 4.3 | 4.9 |
Springbok Properties | 4.3 | 4.1 | No reviews |
British Home Buyers | 4.9 | 4.9 | No reviews |
Ready Steady Sell | 3.7 | No reviews | No reviews |
We Buy Now | 4.4 | 4.1 | No reviews |
SpringMove | 4.5 | No reviews | No reviews |
TheAdvisory | No reviews | 5.0 | No reviews |
Ask Susan | No reviews | 2.3 | No reviews |
Property Cash Buyers | 1.3 | No reviews | No reviews |
We Buy any Home | 4.0 | 3.9 | No reviews |
Home House Buyers | 4.9 | 4.9 | No reviews |
Smooth Sale | 4.9 | 4.9 | No reviews |
Browse our comprehensive reviews and expert insights to find the best company for your situation.
*Note: Review data is usually less than 12 months old, please click and read the individual reviews above for up to date details on each website.
FAQ: Frequently Asked Questions about We Buy Any House Firms
They are not. Companies that buy houses for cash are NOT regulated by any government bodies.
Reputable companies register with NAPB and follow the TPO’s Code of Practice. https://napb.co.uk/code-of-practice/
House-buying companies, on average, pay around 85% of the market value for a property. However, please note that they make offers below market value because of the convenience a homeowner receives from a cash sale and for the clean up and renovation costs they have assume before selling or renting the property.
In addition, many legitimate house-buying companies cover all fees related to the sale, which are often forgotten during the sale of a house. This makes it more lucrative than selling with a local estate agent, as they will charge additional fees and commission!
House buying companies can be genuine and reliable, and they appeal to a broad group of house sellers.
There will be homeowners who need a quick sale because their home may be on the verge of repossession. Another reason is that they are struggling financially and need a fast sale to get cash to put their finances back in order.
Quick house-buying companies are one of the few ways they can get a guaranteed sale (depending on the chosen company) and quickly complete the sale of their house.
Currently, most firms will try to sell the property. After a sale goes through with a customer, it then falls to the home-buying company to finance the refurbishment of the property. Often, the property is in a poor state, so clean-up and upgrades can cost a lot.
Once the refurbishment is complete, the company will either:
- Sell the house to property investors. (A standard property buyer or a property cash buyer)
- Sell it on the open market.
- Convert the house into a rental property.
It's possible to sell your house via a quick sale firm even if your home is already on the market, but you must ensure that you have not signed a sole agency agreement.
A homeowner must read all fine print as they could incur fees for cancelling a sole agreement, and the time in which they're allowed to cancel can vary.
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