NEWCASTLE, England, January 9, 2014 /PRNewswire/ --
Better Price Paid, one of the UK's biggest cash property buying companies are now offering up to 90% cash prices for all UK property, regardless of condition or location. With the housing market currently booming, there has never been a better time to sell, especially if you are looking for a cash offer.
Better Price Paid, a leading cash buying company operating nationally in the UK residential home sale market, has today announced an increase in the amount that they will pay in cash for all types of property regardless of the condition or location. The up-to-90% cash offer is expected to attract a number of new customers who have previously struggled to sell, and who aren't prepared to sell as low as 70 per cent market value, which some other rival cash buying companies are offering.
House prices rises means increased offers
Better Price Paid has always operated differently to other companies that advertise online to buy property quickly, with no reduced offers at the last minute, genuine statements made on their website, and a genuine ability to purchase homes for cash in as little as 7-10 days.
With the increase in house prices and the dramatic change in the property market, a cash offer from Better Price Paid could be up to 20 per cent more than what a vendor may have previously been quoted from the company, meaning they can now proceed with a cash purchase at a better price than before.
Director of Better Price Paid, David Sessford says: "Our previous offers were not about being greedy; they simply reflected the property market at that particular time, and the risk we were taking in purchasing and relying on a resale. With the current climate, our offers are significantly higher than most other companies, and anyone offering cash offers over 90 per cent of value is likely to not be genuine."
David also went on to advise customers about the perils of using cash buying companies that advertise on the internet, and the scams to watch out for. "We often from time to time see websites claiming to be able to offer sellers 97 per cent market value for their properties in cash. This is obviously impossible as the companies in question would not make any profit, and therefore would not be a company. These particular scams generally involve high offers to begin with, and a drastic drop in price at the last minute. Make sure you research a company thoroughly before deciding to use them. Don't sign any contracts and check they are registered with the OFT (Office of Fair Trading)."
Better Price Paid believes that it is better to be honest with sellers from the outset in order to firstly achieve a realistic valuation, and finally to make an offer based on that valuation. They also advise any vendor interested in their service that all costs incurred, including valuation fees, are at the expense of the company and not the seller.
Contact: David Sessford, Tel: 0800-612-7917
SOURCE Better Price Paid