The quick answer to that question is no.
You don’t have to do any repairs to sell your house. Since investors sometimes buy houses with cash and don’t need to get bank approval… they have the flexibility to buy houses in any condition…whether your house needs repairs or not.
A common reason people ask this question is because they have a house that might be a bit rundown and neglected and they just don’t have the time, money or desire to do the repairs needed to be able to sell it on the open market with an estate agent.
You CAN sell your house without having to do repairs if you don’t want to do the work.
We are house buyers who buy houses in Birmingham, the Midlands, Manchester, The North West, Yorkshire as well as London and the surrounding areas. We work with home owners who need to sell quickly. The home owners we’ve worked with come to us with all kinds of reasons for needing to sell fast. A lot of times it’s because of the condition of the house… and the owners can’t afford to do the repairs.
Why would anyone buy a house in bad condition… Especially if it’s ugly?
Sometimes banks won’t finance a house if it’s in a bad state of disrepair. They see it as an increased risk and won’t lend money on it like a normal house.
That leaves a lot of home owners without a good option to sell the house because 95% of house buyers in the UK need to get a mortgage to buy a house.
That’s where investors come in.
If you’ve ever watched any of the property programmes on TV, where people renovate run down houses… you’ve probably noticed that the Government doesn’t really want to be fixing up houses and would rather encourage ordinary people do it for them.
House and Flat Buyers are a property company based in London who buy houses in the North, North West England, The Midlands, London and surrounding counties. Our business model is to help homeowners who need to sell a house quickly (especially if the houses need repairs) by offering to buy your house without you needing to fix it up first.. then, with our partners, fix up the property, improve the neighbourhood a bit, and find a suitable family to move in.
You don’t pay for the repairs.
You don’t pay for the closing costs.
We do all of the work, so you don’t have to.
Our goal is to make the whole process easy for you, so you can move on with your life and put the house behind you.