One of our most popular questions is “How much money will I receive compared to selling with an estate agent?”.
Most people are very surprised that we can purchase your house for similar prices yet do it so quickly and efficiently. Here’s a breakdown of costs based on a property price of £120,000:
Estate agent
Most purchasers offer 10% lower than the asking price so the typical sale price is £108,000
Henleys Homebuyers
£96,000 (which is a 20% reduction of the current market value)
Estate agent
Most purchasers try to achieve around a £5,000 reduction for works such as electrics, roof, timber & damp issues etc., making the new sale price £103,000
Henleys Homebuyers
No further reduction by us, so still £96,000
Estate agent
Estate agents will charge approximately £2,500 including VAT, making the new sale price £100,500
Henleys Homebuyers
£0 – Henleys do not charge any fees so still £96,000
Estate agent
Most homeowners spend around £1,000 to enable it to sell through an estate agent, further reducing the sale price to £99,500
Henleys Homebuyers
£0 – We buy any property in any condition, so still £96,000
Estate agent
If you sell through an estate agent you would have to pay solicitors’ fees of approximately £1,000 reducing the sale value to £98,500
Henleys Homebuyers
£0 – Henleys Homebuyers pay these on your behalf, so still £96,000
Estate agent
Based on a 6 month timescale to sell your property through an estate agent, the costs would be approximately £4,500 so further reducing the sale price to £94,000
Henleys Homebuyers
£0 – We can buy your property in as little as 7 days so still £96,000
Estate agent
If you sell through an estate agency you will achieve
£94,000
Henleys Homebuyers
Sell to us and we will pay you
£96,000
This final purchase figure is representative of a true market value of a property with a value of £120,000
Use the contact form to start a chat with us. We’ll offer you a price to quickly purchase your property.
You can even sell part of your home to us to raise cash.
Your house can be sold and cash deposited in your account in as little as 7 days from now!