The average high-street commission is around 1.93% plus VAT. On a typical home that is comfortably over five thousand pounds, taken off the sale price at completion. Online agents charge less but often want a fee whether or not they sell.
Legal fees, local authority searches and Land Registry charges usually add several hundred to a few thousand pounds. And while a sale goes through you keep paying the mortgage, council tax, insurance and utilities on a home you have already decided to leave. Over five to six months that adds up, and it never appears on an agent’s invoice.
A direct cash sale removes most of these. There is no agent commission, the buyer covers the legal costs, and completing in days rather than months stops the meter on bills and mortgage. You will usually accept a lower headline figure, but once the fees, running costs and fall-through risk are counted, the gap is smaller than it first looks.
The headline price is not what lands in your account.
Commission of around 1.93% plus VAT, conveyancing and searches, and months of mortgage, council tax and bills while the sale goes through. A fall-through adds wasted legal spend.
No. A genuine cash buyer covers the legal costs and charges you nothing. The offer you accept is the amount you receive.
Not always. Once agent fees, months of running costs and the risk of a fall-through are counted, the gap between a cash offer and a net open-market figure is smaller than the headline suggests.
Free, no obligation, and completion in as little as 7 days.
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