First Principle Housing FAQs

In what areas do you purchase property?

We purchase London properties located within the M25 and Thames regions.

What do you charge for property viewings and valuations?

FPH does not charge property owners for viewing their property or for providing a property valuation.

Do you only purchase owner-occupied homes or do you also buy tenanted properties and land?

Our quick home buying services are available for owner-occupied properties, tenanted properties and vacant land.

How long will it take to receive an offer for my property?

We can deliver an offer within hours of viewing your property. In the case of land bought for cash, FPH uses the services of local surveyors, architects and contractors to complete a site inspection and analysis before making an offer.

How much can I expect to receive if I sell my home to FPH?

FPH purchases properties at between 80% and 90% of the Open Market Value (OMV).

How do I know the fast house sale will go through?

FPH is a professional firm offering quick cash purchases for homes. Once the offer and terms are agreed, the sale is guaranteed.

Why should I sell my home to FPH, rather than list it on the market with an estate agent?

Each situation is different; therefore, you will need to weigh the pros and cons of selling your home through an estate agent or through a quick house sale and determine which option is best for you.

The benefits of selling your home to us include:

• A fast house sale for cash
• The ability to exchange contracts in as little as 24 hours
• The option to have cash in the bank within a few days
• Becoming a cash buyer for your next property, which improves your position for negotiation
• Avoiding estate agency fees, valuation fees and solicitor fees
• Avoiding a current average wait time of six months to one year to sell your home on the open market (which would mean paying six to twelve additional mortgage payments, utility bills and council tax) 
• A guaranteed sale once the offer and terms are agreed

What is the charge for using your quick house sale services?

There is no charge for using our fast home sale services. In fact, we help you save money that would be spent on fees during a conventional transaction by paying up to £1,000 in legal fees.

I have fallen into mortgage arrears and am now facing the threat of repossession. Can FPH help me and stop the repossession?

FPH assists homeowners who are facing difficulties paying their monthly mortgage repayments, have fallen into arrears or who are facing repossession. The key to stopping the repossession is acting quickly. Call us straight away and we will advise you on how to stop the repossession, or can discuss buying your home quickly for cash. A quick house sale using our confidential, discreet services can save you the embarrassment and financial woes of repossession and allow you to stay in control of your finances.

I know that it is called a “fast house sale,” but how long does the process actually take?

The length of time required to complete the process will depend partially on what will best suit your needs. We schedule a property viewing at a time that is convenient for you, and then can provide an offer to buy your home within hours. Once we have agreed on the offer and terms, we can exchange contracts in as little as 24 hours after viewing your property and you can have cash in the bank within just a few days. However, as pertaining to the completion date, we provide flexible terms to accommodate your needs and can delay completion if necessary.

When will I have to vacate my property?

We are happy to work with you to agree on a move out date that fits your needs. Each client’s circumstances are different and we understand that some may prefer quick removals, while others may need more time to relocate.

Do you offer sell and rent back services?

If sell and rent back is the option that will best suit your needs, FPH will refer you to a reputable firm that provides this service. If you only need to remain in the home for a short period of time, keep in mind that we offer flexible terms for quick house sales, including coming to an agreement regarding the completion date that works best for you.

Can I refer a friend?

Yes and we are happy to pay up to 1% of the purchase price on any property we purchase through a referral.

What is the first step in selling my property to you?

The first step in obtaining a quick cash sale is to fill out the convenient online application form on our website or to call us on phone number to discuss your quick house sale options.