(PRWEB UK) 11 October 2012
Until now you sell quick have only served sellers in England and Wales whereby their quick completion times have provided a winning solution for if you are wishing to sell your house fast. English Conveyancing laws have completely different criteria when compared to purchasing a house within the Scottish legal system and the complex nature of completing with solicitors within this system has meant that completely different business model has adapted in order to purchase the properties for our investors.
Previously it would take far longer to complete in Scotland when compared to the rest of the UK, making the benefits of the quick house sale service unobtainable for Scottish sellers. On average a purchasing transaction for a normal purchaser would take at least three months, this is slashed to approximately six weeks when selling to an on line house buyer. Unfortunately, in the past for Scotland this quick turn around has been unachievable due to the slow pace of the Scottish legal system The main differences are to do with solicitors acting as estate agents and formal offers that are legally bound to be completed on. A new purchasing model has now enabled You Sell Quick to complete in a similar time frame to the rest of the UK.
Currently the Scottish legal system requires all sellers to conduct a Home Report before advertising their property. For Scottish sellers the benefit of them already having a home report will give them an exact indication of both the condition of their house and the value. Charles Honderick, external business consultant to You Sell Quick, says, “This is a large benefit to the operations of You Sell Quick, the sales staff will be able to provide formal offers over the phone without the need of a buyer physically visiting each home.” From a seller's point of view, greater transparency of the true value of their house should help them to come to a conclusion when accepting an offer.
The property market still remains promising as buyers are finding it difficult to attain finance and supply still far outweighs demand. Mortgage approvals still remain weak and the amount of available buyers across the UK still remains stagnant. Mortgage approvals at there peak stood at 131,000 in November 2006, this year they currently stand at 47,000 for the month of August and this figure has remained at a similar level for the past three years.
The company now plans to capitalise on the lucrative Irish and Northern Ireland Market where it has previously been unable to operate in, due to restrictions from buy to let lenders. Richard Clark, part of the sales team, has said, “It’s amazing how many enquiries we receive from desperate sellers in Ireland, there seems to be a real problem there and it would be great to stop turning people away.”