We buy properties that are hard to sell on the open market, including homes with subsidence, damp, short leases or non-standard construction, because we do not need a mortgage lender to approve them. Our offer reflects the problem, and we explain how before you decide.
Problems we regularly look at
- Structural movement or subsidence.
- Damp, rot or major disrepair.
- Short leases, typically under 70 years, or onerous ground rent.
- Non-standard construction that lenders will not accept.
- Long-term vacant properties.
- Title or boundary issues that need resolving.
- Properties with tenants in place.
Why these properties stall
Most buyers need a mortgage, and lenders often refuse properties with these issues or ask for expensive reports first. That can mean repeated failed sales.
Because we buy with our own funds, a lender's view does not decide whether the sale goes ahead.
What we need from you
Be open about the problem and share any reports, surveys or correspondence you have. It helps us give you a realistic figure the first time.