Frequently Asked Questions
Who is behind propertyboughtfast.com?
propertyboughtfast.com is a trading style of Firestead Property Ltd, registered in the UK, and based in London. We are a team of property professionals with a great deal of experience in the industry. We match properties to developers who are looking for a specific type of investment property.
So you're just another estate agent?
No, not really. We work with a higher level of expertise than the average high-street estate agent, who is often just dealing with the novice first-time residential buyer. Conversely, we only deal with developers, and they are a tougher crowd to please. We have years of experience as developers ourselves and so we know what developers are looking for when they're looking to buy property, and this makes us best-placed to negotiate a good deal for everyone.
How quickly can you get me an offer?
We aim to visit to inspect the property within 48 hours, and to have a no-obligation offer within 72 hours of the visit. If there are issues that might have an impact on the sale, we may have to re-visit with a professional before we can get you a solid offer from our network.
- Step 1: We call you within 24 hours of leaving your details.
- Step 2: We visit the property to inspect and take some more details.
- Step 3: We normally get a no-obligation offer to you within 72 hours.
- Step 4: If you accept, we start the conveyancing process with your solicitor.
- Step 5: Once we exchange and complete, your solicitor pays the agreed balance to your account the same day.
What fees do you charge?
Most of the time, we structure our deals so that the seller does not have to pay any charges, to make things simple for you. We normally charge fees to the buyer, because our creative solutions team goes to some lengths to find ways that your property will be of benefit to them.
Can I get a better deal through an estate agent?
It is very likely that you will achieve a higher sale price through an estate agent, but that is not necessarily the same thing as a better deal. The timescale to find a buyer will probably be longer, as will the conveyancing process, because you would likely be selling to a novice buyer. If your property has some structural problems, or is in a bad area, it is likely that your sale will fall through, and some properties can stay on the market for years - on average two out of three estate agency sales are cancelled. The longer the property stays on the market, the less likely it is to sell, and the lower the resultant sale price. You may also be incurring excessive utility bills and council tax while you are waiting for a sale and this can erode your notional benefit of selling through an estate agent.
By selling quickly through us, and considering you don't have to pay for a solicitor, surveyor, additional council tax and bills, you might end up in a similar position financially, and be months ahead of a comparative sale through an estate agent.
What areas do you cover?
At the moment we only deal with property in England and Wales, because property law is different in the rest of the UK.