Questions to consider asking a quick buyer when selling your North Cray home
Selling your North Cray home to a quick buyer like LDN Properties is a simple and speedy process. We have been buying houses and flats of all shapes and sizes for more than 15 years in London, including North Cray in the borough of Bexley south of the city centre, which is a mostly rural and residential district that is notable for its close proximity to the River Cray.
But before you decide on selling your home to a quick buyer, there are a number of questions you should ask that will help you to learn more about the company and whether they are reputable. We have provided a number of these queries, along with our detailed answers, below.
LDN Properties is a member of The Property Ombudsman (TPO), which is a third-party entity that issues regulations designed to shield homeowners from scams in the fast home buying industry. All TPO members must adhere to those rules, and should be wary of selling your property to a non-TPO member.
We never charge any commission when buying houses or flats, unlike estate agents or auctioneers who will make you pay potentially significant fees. You should be cautious about selling your North Cray home to a fast buyer that requires you to pay fees, because the reputable speedy property buying companies will never do the same.
These agreements at first glance might seem like a good opportunity because they give you the chance to rent your home from a quick buyer after selling it to them. However, there are no legal safeguards to stop the fast property buyer from attempting to evict you soon after you sign the agreement, which can disrupt your long-term living plans.
Lock out contracts give someone exclusive rights to buying your property for an extended amount of time. But there should be no need for a trustworthy quick home buying company to require that you sign such a contract, because the reputable businesses such as LDN Properties can complete the purchase of most properties within a few short weeks.