Whatever the property market is like it is always, always, possible to find a property buyer if you are selling in London. It does not matter if the property is a studio flat, a huge mansion, or some land for development, within London there are property buyers for every type of property – at the right price of course.
There are many ways a property can be purchased, it may be a conventional transaction to a home buyer, or cash (or financed) purchase to a property investor, or a delayed completion purchase (more on this later).
Selling a property to someone buying as their home is usually going to achieve a higher price, not always, but usually. The exceptions tend to be where a property has development potential. When an investor purchases they will be looking to make a profit, this may be by selling on the property, or developing the property. That said much of this is irrelevant to the seller, they simply want the best possible price within the timescales they need to sell.
So, let’s assume you are selling a property within the M25, how much discount would you need to provide for a quick sale? The answer may amaze you, it can be anything from 25% to +5%, yes, there are certain circumstances where an investment property buyer will pay a higher price than today’s valuation. And no, we are not crazy, it is really true.
The way to achieve an above market price is to swell based on a delayed completion. This is achieved by contracting the responsibility of your mortgage maintenance, insurance, etc, to a property investor for a period of time, for an above market sale price this may be 3 to 5 years. The property buyer will pay all of the property’s associated costs, you can literally walk away from your property, move on with your life, and then collect the increased equity over your mortgage when the sale completes.
A delayed completion is ideal where the owner is emigrating overseas, wants to relocate and rent somewhere else, is divorcing, and generally does not have a lot of equity tied up in a property, so there are no real concerns about waiting for a delayed completion.
If this sounds like something your are interested in read more from “RM Properties” on our blog here …http://www.repaymortgage.co.uk/blog/sell-your-property-today/
That said if you want a straight sale, no delayed completion, and are prepared to sell at a discount, then RM Properties can make an offer for a quick property sale also.