Contact Us

(00 44) 01274 297921

E-mail: info@yorkshirepropertydeals.com

FAQ

For Sellers

Which Areas Of The UK Do We Cover?

We cover predominantly the whole of Yorkshire but do consider good deals in other parts of England.

Will You Pay My Legal Costs?

Unfortunately not. You are responsible for your own legal costs.

How Does Your Offer Compare To The Prices Quoted By An Estate Agent?

The price we offer depends on a number of factors such as the type and location of the property. We usually offer around 70% of the confirmed market value, which may not be what an Estate Agent has quoted you as an initial asking price. Asking prices and actual sales prices are often somewhat different!

You’re more likely to achieve a higher price on the open market but there are no guarantees of when the sale will complete, plus you’ll still have to pay additional costs such as estate agency fees (typically 1.5% + VAT) and mortgage payments in the meantime. In effect, you will not only be able to sell your property without delay but will also be saving on estate agents commission and legal costs.

How Long Does The Process Take?

Freehold properties usually take a lot less time to purchase due to the fact that management companies don’t have to be served with legal papers. However, if all legal enquiries are in place we can exchange and complete within a few weeks. We can exchange very quickly if needed, subject to legal paperwork being in order.

Lease hold properties take more time than freehold properties and will depend on the time taken by the management company in providing information to our solicitors.

How Quickly Will I Receive The Money?

As soon as we have completed on the purchase of your home your solicitor will release the money to you.

I Don’t Have A Solicitor?

No problem. We have tried and tested independent solicitors to act on your behalf. To make the purchase even quicker and smoother we encourage you to use our independent solicitors as they know exactly what you and we require. We will pay up to £500 in solicitors’ fees on completion.

Will Anybody Know About The Sale?

No, our service is completely confidential. Nobody will know about your sale unless you choose to tell them.

If We Are Being Repossessed And We Have Chosen To Sell To You, Do We Need To Tell The People Who Are Repossessing Us?

You don’t have to do a thing. The solicitor acting on your behalf will talk to them and arrange for their loan to be paid upon completion of the sale.

Do I Have To Accept The Offer Straight Away?

No, you are under no obligation to accept our offer straightaway. However, if after several months, (usually three since we offered on your property) we will have to repeat our searches on the current market situation and property prices in your area. On most occasions sale is completed in six weeks.

What Type Of Property Do You Buy?

We buy all types of property including:

  • Flats (both converted and purpose built).
  • Maisonettes.
  • Terraced houses.
  • Bungalows/chalets.
  • Semi-detached houses.
  • Detached houses.
  • Properties with sitting tenants.
  • Ex-Local Authority properties.
  • Properties in need of refurbishment.

Does The Property Need To Be In Good Condition?

No, we will consider a property in any condition.

Will My Estate Agent Mind If I Sell Directly To You?

You will need to check your contract with the estate agent(s) to see how long you are tied to them for. Obviously they won’t be very happy about losing their commission, but you achieving a quick sale is far more important. Please seek legal help from the likes of the Citizens Advice Bureau if you are unsure of the estate agents agreement regarding tie-ins and giving notice. If however an estate agent is involved we will ensure the agent gets their due commission.

For Buyers

Yorkshire Property Deals Ltd will ensure that you are provided with the most appropriate deal. However it is essential that you are aware of the process of buying a house and the various charges involved, which are payable to your solicitor and mortgage advisor.

Please go through these links to understand the procedures involved in buying a property in England.

Right Move Buying Guide

Citizen’s Advice Guide Buying Guide

If you have any doubts, please do not hesitate to contact info@yorkshirepropertydeals.com