The Property Buying Company Reviews

Take a look at their service, process and reviews.

What do The Property Buying Company do?

The Property Buying Company is a cash house buying company based in Leeds. According to their website, they have bought more than 500 properties in the last two years and have spent over £600m of their own funds on buying property for cash since inception. They pride themselves on their discretion, convenience and speed and are one of the leading ‘we buy any house’ companies for residential property in England. They offer a fee free solution to sellers looking for a fast house sale, and can purchase your house for cash in as little as 2 weeks. The Property Buying Company claim to be able to buy any house, regardless of condition of location, and emphasise that they provide great customer service and support throughout the process.

What services do The Property Buying Company offer?

The Property Buying Company offers a sell house fast service, buying houses for cash from sellers in a timescale that suits their needs. They can buy houses in as little as 2 weeks, although they do say that the process can take up to 12 weeks. Their website says that they operate a simple 5 step process. We’ve outlined it here:

  1. The first step is to check eligibility for your property. This involves answering a few questions about your property including its location and condition. One of their team will then reach out. 
  2. A member of the team at The Property Buying Company will research your property and the local market. They’ll speak with the house valuations team and then provide you with a conditional offer within 24 hours of submitting your details. 
  3. If the conditional offer is accepted, they will send one of their Regional Managers out to your property to perform an assessment on the property and ensure that all details are correct. They’ll formalise their offer when they visit and can answer any questions on the scene. 
  4. If the formal offer is accepted, the next step is to instruct solicitors. The Property Buying Company will cover the cost of your legal fees, provided that you choose the recommended solicitor that they instruct. They will also pay for searches etc. that take place at this stage and they’ll pay for a professional valuation. 
  5. The final stage is the review of the offer on receipt of all legal work and valuations. Provided that this final offer is acceptable, they will exchange and complete immediately or on a day that suits you.

In addition to offering a traditional cash house buyer service, The Property Buying Company also has a ‘Change Team’, who can assist sellers with removals and other tasks needed to move on. 

 

The Property Buying Company Reviews

We’ve gathered reviews for The Property Buying Company from the most reputable review companies and presented them here.

Website Rating Number of Reviews Reviews Below 3 Stars
Google 4.4/5 131 16
Trustpilot 4.8/5 1,020 72
Reviews.co.uk 4.7/5 534 20

The Property Buying Company Contact Details

The Property Buying Company are based in Leeds and are contactable via a freephone number. We’ve listed their contact details and website here.

Address: The Property Buying Company, 4 Deighton Close, Wetherby, LS22 7GZ
Telephone: 0800 024 8444
Website: www.thepropertybuyingcompany.co.uk

 

What are the Positives and Negatives of The Property Buying Company?

 

Positives

Negatives

  • The Property Buying Company are members of both the National Association of Property Buyers and the Property Ombudsman. This is reassuring for sellers as it means they abide by the strict code of conduct for membership.
  • This is common amongst cash house buying companies, but it’s worth noting that The Property Buying Company will not offer market value for your property. You will receive up to 80% of market value for a cash purchase of your house.
  • The Property Buying Company purchases properties using their own funds, and so are able to buy your house fast for cash to a timeline that suits your needs.
  • Reviews are generally positive, but there is a fairly sizeable portion (11%) of reviews that are at 3 stars or below.
  • Alongside a traditional sell house fast service, The Property Buying Company offer assistance with moving on with their ‘Change Team’.
  • Amongst the negative reviews there are stories of customers receiving offers that are significantly below 80% at the final stage.

Conclusion

The Property Buying Company is an established and reliable ‘we buy any house’ company that offers a fast sale solution for sellers who are looking to move on quickly. They have a large team with a combined experience of 50 years and they’re regulated by both the NAPB and the Property Ombudsman. The Property Buying Company is able to purchase properties for cash using their own funds, allowing would-be sellers to receive cash for their house in as little as 2 weeks. In addition to a traditional home buyer service, The Property Buying Company can offer assistance with moving house with their ‘Change Team’. It’s worth noting that full market value won’t be provided for the cash purchase of your property, you will receive up to 80% of the value of your property. Whilst reviews are generally good, there are a number of reviews that are negative and amongst these customers note that the price was reduced at the final stage to one that was below 80% of market value. 

Overall, The Property Buying Company appears to be a reliable cash house buyer that you can trust with the sale of your home. See how you can compare us below or go back to compare Cash House Buyers.

 

Compare Us

If you’ve received a cash offer for your property from The Property Buying Company, why not compare SmoothSale free of charge? One of our experienced property specialists will be happy to provide you with a free, no obligation cash offer for your house and you can explore a range of sale options to meet your desired price and timescale. Contact us today on 0800 368 8952 or get a cash offer!

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The Property Buying Company
Rated 4.8 / 5 based on 42 Customer Reviews