You need to move quickly
A job move, a separation, a chain that has collapsed or a deadline you cannot miss. Speed matters more than squeezing out the last few thousand pounds.
A property that will not sell
On the market for months, repeated fall-throughs, or a condition or tenure issue putting buyers off.
When a standard estate agent sale is not the answer
These are the circumstances we are most often approached about. If yours is not listed, it is still worth asking.
Negative equity
The mortgage is larger than the property is worth, so a conventional sale would leave a shortfall. There are structures that can work here, and we will be straight with you about what they involve.
Mortgage or arrears pressure
Payments that have become difficult to sustain. The earlier the conversation happens, the more options there tend to be.
Probate and inherited property
A property you did not plan to own, possibly some distance away and needing work. We can take it on in its current condition.
A tenanted or problem property
An existing tenancy, a portfolio you want to exit, or a property that has become more trouble than it is worth.
Your Options - Two creative routes, explained plainly
Which one fits depends entirely on your property, your mortgage position and what you need to achieve. We will tell you if neither is right for you.
Direct cash purchase
We buy the property directly, in its current condition, on a timescale that suits you. No estate agent, no viewings, no chain.
This may suit you if
- You need certainty and a defined completion date
- The property needs work you do not want to carry out
- You would rather avoid agent fees and open-market viewings
- A previous sale has fallen through
Be aware
- A cash purchase is made below full open-market value. That discount is what pays for the speed, the certainty and taking the property as it stands.
- Any offer is subject to survey, searches and legal checks.
Lease option arrangement
A legal agreement under which we take on responsibility for the property and its mortgage payments now, with an agreed option to purchase it at an agreed price at a later date.
This may suit you if
- There is little or no equity in the property
- The mortgage balance is close to or above the value
- You want the monthly payments covered while you move on
- You are open to the sale completing at a later date
Be aware
- A lease option is a formal legal contract. Both sides must be independently represented by a solicitor, and the terms are set out in full in writing before anything is signed.
- The mortgage normally remains in your name until the option is exercised, so you should understand exactly what that means for you.
- This is not right for everyone, and we will say so if it is not right for you.
Speak to us Tell us about your situation
Share a few details and we will come back to you, normally within one working day. Everything you tell us is treated in confidence, and there is no cost and no obligation.