Struggling to sell your house? Offering South Yorkshire a quick purchase alternative

Traditional ways of selling a home, through estate agents or auctions are not suitable in every circumstance. Sometimes a quick sale is needed to release capital as soon as possible, or there might be personal reasons why you don’t want to advertise that your home is for sale.

Network Synergies, a Swedish company which was set up in 2003 and has decades of experience of buying homes direct in Europe, has now set up a UK base for the company and has been operating in Rotherham and South Yorkshire for over a year.

We caught up with Mathias, who runs the UK operation, to ask him more about Network Synergies and how it all works.

Why Rotherham?

“When we looked at data Rotherham shows up as an area of population growth,” Mathias explained. “It’s proximity to Sheffield and Doncaster means it’s commutable to either and with new investment in the town we believe this will mean demand will grow for properties in the town in the coming years.”

Who can benefit from direct sales?

Mathias explained he has identified over 40 reasons why people are not able, or don’t want to, sell their houses quickly using traditional methods of estate agents or auctions. Speed of selling, condition of property and personal or financial reasons are the main factors for using a direct purchasing company like Network Synergies.

“These are the people I can help,” he says. “We focus on buying from people who cannot sell or who need to sell quickly.”

Changes to the buy-to-let tax rules have left some landlords with a negative cashflow for some of their properties, fluctuating market values can leave some homeowners in negative equity or in danger of having their home repossessed, there might be personal reasons such as break up or divorce which mean families do not necessarily want to advertise their home for sale or who need a quick decision and quick sale. Properties which are left as part of assets in a will are other areas – sometimes the family may live away and don’t want the house empty, or they just need to conclude probate as quickly and painlessly as possible.

Mathias will buy homes which are in need of some refurbishment and upgrading, ones which would be seen as sub-standard for letting and unattractive for buying.

“If you go through traditional estate agents it can take 3-9 months or more to find a buyer and get the legal work done,” he says. Network Synergies works with solicitors who are solely focused on turning around the legal paperwork quickly on their properties. Sellers will have their own solicitors and all the same processes are gone through as with a any other purchase.

How does it work?

The process is simple. A call to Mathias is the first step, explaining the property, its condition and the circumstances of the sale. He will then arrange to come and view and will be able to make a quick decision on whether or not it’s something the firm would purchase, and will make an offer.

He offers a friendly and approachable option for homeowners wanting to sell their properties quickly and without the stress of viewings, chains, or sales falling through.

“It’s just another way to sell your house,” he says. “You have an offer and if you accept it then our solicitor and yours process the sale in exactly the same way.”

What happens to the houses they buy?

If required the homes are renovated, and then made ready for renting out. “We buy the properties ourselves but then outsource the letting and management of them after that,” explained Mathias.

Call to find out more

You can call Matthias on 01709 460 347 for more information.

Disclaimer: When entering into any financial contract to sell your home always ensure you obtain professional legal and financial advice.