Posted in: Property Purchases and Sales
Posted on: 05 May 2011
Looking to sale your house quickly but can’t?
Need a cash sale in order to move on?
Selling through an agent can take up to 6 months and at times even longer especially in the current market
Further more properties are now selling for less than the estate agent’s quoted asking price, on average 13% less **
How Blue Urban can help you
We take time to listen to what you want and tailor a solution that works for you.
As an investment company with funds available, we can make an offer in 48 hours and completion within 28 days.
The following example will show you how Blue Urban could save you both time and money.
House valued by an agent at £200,000
Final agreed price after 6 months £187,000 ( 13% off the estate agent valuation) **
Take away the costs as listed below and you are looking at £163,159 which equates to approximately 81.5% of your original asking price.
|
Payable FEES |
Cost of selling through an Agent |
Cost of selling with Blue Urban |
|
Solicitors Fee (inc VAT) |
£1140 |
£0 |
|
Estate Agent Fees (2% plus VAT) |
£4,176 |
£0 |
|
Mortgage Interest* |
£5,400 |
£0 |
|
Energy Performance Certificate |
£125 |
£0 |
|
Stress and hassle factor |
???? |
0 |
|
Total |
£10, 841 |
£0 |
Blue Urban on the other hand will offer up to 85% of the market value. There are no estate agent fees and your legal costs are covered.
Although you will not be offered the full market value of your house, you can still walk away with a better deal than if going through an estate agent. What is more the house sale is guaranteed with no chain and a fast exchange and completion.
If you would like to know more about our service please call Chris Cook on 0207 1383018
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*Interest based upon 6 months to complete and mortgage at 6% for property valued at £200k with 90% mortgage.
**Source www.hometrack.co.uk
Comment made by Ced Francis on 23 May 2011
Interesting article Chris - do Blue Urban offer this in the north? We are based up in Hull
Comment made by Chris Cook on 25 May 2011
Thanks for your feedback Ced. Generally we specialise in property in the South West London area, but are happy to consider properties within other parts of the UK.
Comment made by Ced Francis on 26 May 2011
Thanks Chris
Comment made by Flip on 25 September 2011
Great article, thank you again for wiritng.
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