HouseBuyFast: Comprehensive Review (2023)
HouseBuyFast is a UK-based cash house buyer founded in 2008.
Like many of their competitors, they aim to provide a quick and easy way for homeowners to sell their properties without the need of dealing with estate agents, property viewings, or financing conditions.
They have a well-designed, dynamic website, which visitors can use to request a free, no-obligation cash offer.
However, unlike many of their competitors, their big claim to fame is that they can buy your house in AS LITTLE AS 7 DAYS!
In fact, on the homepage of their website, they even say: "We’ve completed on purchases within hours and our typical house sale takes just 2 to 4 weeks."
So how well do they live up to the demands of UK property sellers?
In the following review, we're exploring everything there is to know about House Buy Fast, so that you can make your own, informed decision about the company.
What you'll find in this article
In this article, we've put together the most comprehensive online review of House Buy Fast.
Below is a listing of all the information you'll find in our review, so you can easily navigate the page quickly and pick which section you want to read.
HouseBuyFast - Main Details
House Buy Fast is a UK-based cash property buying company that was founded in 2008.
They are headquartered in Worthing, and have a team of 9 employees who work across various departments, including property sales, marketing, and administrative support.
The company offers a quick and efficient way for homeowners to sell their properties, without the need for estate agents or lengthy and complicated sales processes.
They provide a transparent and straightforward service that allows homeowners to sell their properties within a matter of days (in some cases), regardless of condition or location.
House Buy Fast also covers all the legal and administrative costs associated with selling a property, making the process as affordable and stress-free as possible for homeowners.
They use a combination of market research, property data, and local expertise to ensure that homeowners receive a fair price for their property.
*Data updated and correct as of 03/22/2023
- Number of employees?
- What is their aim to buy time-frame?
- How many sales have they agreed?
- Number Feefo 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 their website?
- 9 employees
- 3 days, but 3 weeks (typically)
- 579 reviews
- 63 reviews
- Founded in 2008
- Mon-Fri 8:30am to 6pm, Sat 9am to 4pm, Closed Sun
- England, Wales and Scotland
- Not required
What Services Do HouseBuyFast Offer?
House Buy Fast is a UK-based company that offers a range of services to homeowners looking to sell their property quickly. Some of the services they offer include:
- Quick cash sale: House Buy Fast can purchase your property for cash in as little as three days, providing a quick and hassle-free solution for those looking to sell their home fast. Typically, their property purchases are completed in less than three weeks.
- No fees: They don't charge any fees to sell your property to them. This means that you won't have to pay any legal or estate agent fees, making the process more affordable for you.
- Valuation: They provide a free, no-obligation valuation of your property, so you know how much it's worth.
- Guaranteed offer: They guarantee to make you an offer within 24 hours of receiving your request, and once the offer is accepted, they won't back out of the sale.
- Help with legal fees: House Buy Fast can cover your legal fees, making the selling process even easier for you.
- Cash advances: In some cases, the company claims that they may be able to offer cash advances to help sellers obtain their next residence or to cover the cost of moving house.
Is HouseBuyFast Legit?
Overall, House Buy Fast is a reputable and established company that offers a unique and innovative solution for homeowners looking to sell their properties quickly and efficiently.
Their commitment to fairness, transparency, and social responsibility sets them apart from their competitors, and makes them a great choice for anyone looking to sell their property in the UK.
How HouseBuyFast Works
House Buy Fast offers an extremely simple and straightforward process to get your home valued and to kick off the selling process.
- Fill in the enquiry form: You start by filling in a simple enquiry form on their website, providing some basic details about your property.
- Get a valuation: They will provide you with a free, no-obligation valuation of your property, based on the information you provide.
- Receive an offer: Once they have valued your property, they will make you an offer within 24 hours. This offer is guaranteed, and they won't back out of the sale.
- Accept the offer: If you are happy with the offer, you can accept it and move on to the next stage of the process.
- Complete the sale: House Buy Fast will handle all the paperwork and legal formalities, making the selling process as smooth as possible for you. They can even cover your legal fees.
- Receive your cash: Once everything is complete, House Buy Fast will transfer the cash to your bank account. The whole process can be completed in as little as seven days.
Can You Haggle With HouseBuyFast?
House Buy Fast is a professional home buying company that provides a guaranteed offer for your property.
The offer they make is typically based on 85% of the market value of your property, but they also take into account various factors such as its location, condition, and local property prices.
It may be possible to negotiate the offer made by House Buy Fast, but it's important to note that their initial offer is likely already their best price. So any negotiations or changes to the offer would likely be based on genuine changes or additional information that may affect the value of your property.
That being said, you are not obligated to accept the offer made by the company. Potential sellers have right up to the point of exchanging contracts to change their minds without incurring any fees.
The Pros And Cons Of Working With HouseBuyFast
Like most things in life, there are pros and cons to working with a cash house buying company like HouseBuyFast.
- Quick sale: House Buy Fast can complete the sale of your property in three weeks or less, which can be ideal for those who need to sell quickly due to financial or personal circumstances.
- Experience - The company is run by a team of property experts with more than 100 years of combined experience experience.
- No fees: There are no fees charged by House Buy Fast, meaning you won't have to pay for estate agent fees, legal fees or other costs associated with selling a property through traditional channels.
- Simple and straightforward process: House Buy Fast provides a simple and straightforward process for selling your property, with no need for property viewings, negotiations, or lengthy paperwork.
- Professional and transparent: House Buy Fast is a professional and transparent company that provides a fair offer for your property, based on market value and local property prices.
- No questions asked: House Buy Fast purchases properties in pretty much any condition and under any circumstances. So whether you need the cash to pay off debts, for probate, instead of dealing with tenants, due to divorce, or to downsize fast, House Buy Fast can help!
- Lower price: While House Buy Fast provides a fair offer for your property, it may be lower than what you could achieve if you sold your property through traditional channels, such as estate agents.
- Location restrictions: House Buy Fast primarily operates in the UK, which means they may not be able to purchase properties outside of the UK.
- No negotiations: When you sell to a cash buyer, their offer, based on current valuation, location, and condition, will likely be final.
Quick Sale Firms
- Takes 6-9 months to find a buyer
- Some firms charge hidden fees
- Won't always buy any type of home
- Can take months if not true cash buyers
- Some firms do not offer complete confidentiality
- Not all quick sale firms offer a cash advance service
- Can buy in as little as 3 days
- No hidden fees
- Buys any property
- Is a true cash buyer
- Offers a private and confidential service
- May offer a cash advance depending on situation
HouseBuyFast Customer Reviews And Testimonials
|Trustpilot Reviews||Google Reviews||Feefo|
|10 reviews||63 reviews||579 reviews|
|3.8 score||4.8 score||4.7 stars|
|1 review 3 star or below||2 reviews 3 star or below||9 reviews 3 star of below|
*Reviews are updated and correct as of 03/22/2023
Overall, HouseBuyFast seems to be a reliable and reputable company with a good number of positive reviews on sites like Feefo, Google and TrustPilot.
On Feefo, the company currently has a total of 579 reviews (226 within the past year), and boasts an average score of 4.7/5.
Alternatively, the company has significantly fewer reviews on Google and TrustPilot, yet they maintain good average ratings of 4.8/5 and 4.2/5 respectively.
But what exactly are people saying about their experiences with House Buy Fast? And should you trust this company to buy your property?
I'm a bit worried about dealing with a cash buyer. Is the process complicated?
According to Lucy B., the process of selling with House Buy Fast is extremely easy and they provided her with amazing service and communication throughout the entire process.
From start to finish the team made selling our house so easy. The communication at every step was amazing, always updating me before I asked. I never realised using an online estate agent could be so easy. They organised every aspect of the sale and viewings perfectly and took the stress out of selling. I would thoroughly recommend them to anyone, and already have!
Jon G. also recommends the company based on their being "incredibly transparent and helpful."
Mario was incredibly transparent and forthcoming with all information about the process and details right from the get go. He really made the difference, after having a bad experience that left my mother in a very difficult situation, House Buy Fast was suggested to me and they were fantastic from the get go. Selling a house under any circumstance is stressful but it was nice to have someone on the other side who was being honest and genuinely helpful and not out to do anyone over. Would absolutely recommend their services and cannot thank Mario enough for his help.
However, we’ve found a few other reviews that don't bode so well for the company.
For instance, Samuel Dalzell warns that people should think twice about working with House Buy Fast.
Iam writing to warn anybody who maybe thinking of selling their house to this bunch of swindlers .THINK TWICE.if they don"t want to get ripped off.I CONTACTED HOUSEBUYFAST to see if they would buy my house as we wanted to move and my wifes ailing health meant we could not go down the estate agents route the house needed updating all this was told to alfred Mcentegart of hbf who said they would make us a offer after two estate agents came to value are prorerty hbf made use a offer of £185k we had checked up on hbf found that they were registered with the property ombudsman and also used the logo of national association property buyers code of practice (joke)MR JONATHAN ROLANDE DIRECTOR of house buy fast was a founder member of NAPB and the person that wrote the code of practice the trade is supposed to adhere to another big joke.All the searches and paperwork completed,a house was found that we could afford offer excepted only for hbf through MR DUNCAN FRETTER senior property buyer to telephone and say they would not pay £185 but would offer £175 even though they tell you about other firms doing this in their blog.Their blog also states the amount bfs offers that is the amount you get which is not true even though they have broken not only the tpos rules and their code of practice as set out by MR JONATHAN ROLANDE the tpo said hbf had done no wrong and had ever right to reduce their offer right up to exchange i will leave it up to you to judge if it was right or wrong i am saying to you do not touch this bunch with out protection but if you do and they do the same to you as they have done to us YOU HAVE BEEN WARNED SAM DALZELL DID I ALSO SAY THAT WE ARE TWO OAP.
That being said, we should mention that House Buy Fast has responded to this review in a friendly and professional manner. They've apparently attempted to find a suitable solution to the customer's complaint, and have had the entire case reviewed by The Property Ombudsman.
Here's what The Property Ombudsman had to say about this customer complaint:
Ultimately House Buy Fast have demonstrated that they acted appropriately and in accordance with best practice… I am satisfied that the (sellers) made an informed decision to sell the property to House Buy Fast … and the timescale between the offer and their acceptance persuades me that they were not pressured in to selling at this price and were aware that they could achieve more money for the property if they sold it via other means.
How helpful is the staff at House Buy Fast? What are people saying about the customer service at House Buy Fast?
According to Joanne Braddock, they have "amazing customer service!" The staff at House Buy Fast has been very friendly and helpful in helping to assuage her concerns and answer he questions regarding the sale of her home.
Kevin was was very friendly and very knowledgable. Went through everything and asked lots of questions to ensure he was collating all of the details to provide an as much accurate valuation. Put me at ease-listened and has great customer service skills (I know as I used to do) need more people like him
Does House Buy Fast offer fair and transparent pricing? Will they pressure me into selling?
As part of their business model, companies like House Buy Fast must pay less than market value (usually around 85%) on the homes it buys. However, they’re typically willing to buy a property in ANY condition.
According to Mr. Robert Edmond Plaskitt, the company had a great rapport with him and offered him a "great price" on his property!
Very quick to respond, great rapport with Luke and great price on property
And another trusted customer who gave them a 5-star review receive their cash offer directly over the phone, stating that House Buy Fast's service clearly explained the sales process and provided helpful information.
Chris explained the process, provided other helpful information, and made a cash offer over the phone. The offer, valid for 30 days, was sent to me via email. Many thanks.
How seriously does House Buy Fast take their customer service and online reviews?
One of the worst reviews we could find of the company come from a customer who states their experience was "disasterous!"
It was an awful , very stressful experience. I was contacted by several different companies and i was not happy with that ,nor did I agree to that. None of the staff appeared to communicate with each other and would ask me what their team member was up to in the process. Everything was a disaster from start to finish. I would never use them again!
And while this might seem like a terrible thing to hear about a company, we should note that House Buy Fast has responded to this negative review, looked into the case, stating that "everything went smoothly until we could not gain access to the property at the agreed time - the person who answered the door had no idea it was being sold."
Therefore, we can safely say that, despite having some negative reviews, House Buy Fast takes their customer service and online reviews seriously, ensuring that all complaints are promptly looked into to find a suitable solution whenever possible.
Does House Buy Fast have any awards, or have they been featured on prominent websites?
House Buy Fast was awarded the Feefo Platinum Trusted Service Award in 2023, and they've also been featured on a number of prominent websites, including:
- The Argus
- Ideal Home
- Yahoo News
- Daily Express
- Good Homes
- And more!
HouseBuyFast - Our Verdict
Based on our research and customer reviews, HouseBuyFast appears to be a legitimate company that provides a valuable service for those looking to sell their property quickly and easily.
They have been in business for over a decade and have completed thousands of property purchases.
Their website is well-designed, easy to navigate, and provides a good amount of information about their services, including their valuation process, the benefits of using their service, and the steps involved in selling a property to them.
They also have many positive reviews from customers on various review platforms, which suggests that their service is generally well-received.
It's worth noting that while House Buy Fast may offer a convenient and hassle-free way to sell your property, their offers may be lower than what you could achieve through traditional estate agents. Typically, your offer will only be about 85% of the current market value.
So overall, if you are considering using House Buy Fast to sell your property, it's important to do your own research, read reviews, and carefully consider the pros and cons before making a decision.
HouseBuyFast Factsheet - (Free Download)
You can now access all the key information about HousebuyFast 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!