The Situation
The owner of this house needed to sell quickly after changes in their personal circumstances.
With service charges increasing and a lease that was beginning to shorten, the property was becoming harder to manage and more difficult to sell through estate agents.
The Problem with the Open Market
Many buyers are cautious about leasehold houses, particularly if the lease is short or service charges are high. Mortgage lenders often refuse to lend on properties with fewer than 80 years remaining, and the cost of extending a lease can run into thousands of pounds. Estate agents warned the seller that it could take months to find a buyer and even longer for a sale to complete.
Our Solution
We provided a fair cash offer within 24 hours, unaffected by lease length or service charges. Because we buy with cash, mortgage restrictions don’t apply. The seller avoided expensive lease extension negotiations and was able to move forward quickly. We covered their legal fees and managed the process to keep it stress-free.
The Outcome
The sale was completed in just 16 days, allowing the owner to settle their obligations and move on. Instead of being tied to a difficult leasehold property, they gained certainty, speed, and a clean break.
Client Comments
“I’d been told my house would be hard to sell because of the lease, but Buy Any House gave me a quick, fair offer and handled everything”.