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Reviewed: Is GoodMove Really The Most Regulated Property Buyer In The Quick House Sale Industry?

Susan Jones will buy your house

Susan Jones will buy your house

GoodMove are property buyers in the UK who strive to offer a reliable, honest and friendly service. Their expert team of surveying professionals have worked in the industry for more than 45 years and have a considerable amount of knowledge and experience in buying homes fast.

GoodMove are not only a team of property buyers and surveyors but also a high-end estate agency firm. They are regulated by the National Association of Estate Agents (NAEA) giving them some of the highest credentials and regulations within the fast house sale industry. They have a small team of 15 employees who are all dedicated to providing a quick and straightforward home selling process for their customers.

GoodMove aims to buy all properties within ten days and depending on the circumstances this can either by faster or slightly longer. GoodMove will buy a property of any size or value, the lowest price property they have purchased is £17,000, and the highest is £550,000; currently, they have nearly £5 million available to spend on customer’s homes.

The Premise

GoodMove strive to make the process of selling your home to them as simple and easy as possible, while also providing an excellent and honest service. Their quick sale method differs from estate agencies as they require no for sale signs, no chains and no viewings, they simply sell your house for cash.
When you first contact GoodMove, they will require some basic information on the property in order to provide an offer in principle. If you choose to accept this initial offer, then GoodMove will instruct their Asset Management Company to organise an in-person valuation of your home. At this stage, they will arrange two separate estimates to ensure an accurate offer, and these valuations are paid for by them, so there are no costs or obligations for you.

After the valuations have taken place, GoodMove will make a formal offer which is subject to a RICs survey and contract. On accepting this offer, GoodMove will instruct solicitors and a RICS surveyor to look at the property. After this stage, GoodMove will proceed with the sale immediately and arrange a completion date that works for you.

Contact Details

Address: 1 City Square, Leeds, LS1 2ES
Telephone: 0800 802 1175
Website: www.goodmove.co.uk

Sales options and pricing

When selling your home with GoodMove there are no additional fees for valuations, surveyors or EPCs and other costs, and the service they offer is completely free of charge. GoodMove will also contribute £500 towards your legal bill for the house sale, so you only need to pay any solicitor fees over and above this. Depending on your property’s location, GoodMove will offer anywhere up to 85% of the open market value of the home.

What are the positives of GoodMove?

GoodMove are regulated by five different property organisations including the National Association of Property Buyers (NAPB), the National Association of Estate Agents (NAEA), The Property Ombudsman, The Royal Institution of Chartered Surveyors (RICS), and Trading Standards. Being regulated by so many organisations means their service abides by all the relevant laws and regulations in place, making them a trustworthy and reliable home buying company.

GoodMove has the funds available to buy homes quickly without relying on third-party investors and can provide a cash offer, so the funds are released within days. There are no hidden fees or additional costs for using GoodMove’s services. They currently have 4.86 out of five stars on reviews.co.uk, with hundreds of verified customers commenting on their brilliant service, fast completion times and honest and upfront process.

What are the negatives of GoodMove?

GoodMove have no reviews on reviews.co.uk that are less than four out of five stars. As they are buying properties quickly as cash sales, they will always offer less than the market value for a property. Some other competitors also offer to pay the full costs of the solicitor’s fees, however, GoodMove will only cover the first £500.

Summary

GoodMove are a trustworthy and reliable property purchasing company and are regulated by five different property organisations which is more than any other competitors in the industry. They have the funds available to purchase homes outright unlike some other fast house buying businesses that rely on third-party investors and estate agents.

GoodMove will offer at least 15% less than market value for properties in return for a quick cash sale, making them a poor choice for those who do not want to compromise on their property’s selling price.

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