Are companies that buy your house for cash legitimate?
With more people looking to sell quickly, the number of "we buy any house" companies has exploded—but are they all legit? In this post, we’ll show you how to spot a trustworthy cash buyer, what red flags to avoid, and why homeowners in Bristol, West Sussex, and Dorset should do their homework.
The Good Ones vs. The Scams
A legitimate company will be transparent about the process, provide written offers, and never pressure you. They’ll also be registered with The Property Ombudsman or NAPB.
Key Signs of a Legitimate Buyer
Registration on Companies House
Positive reviews on Trustpilot or Google
Clear and written offer terms
No hidden fees
Transparent timeline
Red Flags
Asking for upfront fees
Changing the offer last minute
Not providing a company registration number
Poor communication
Local Tip: In areas like Winchester or Hampshire, check if the company has handled homes locally—local knowledge can help them make more realistic and fair offers.
Why It Matters
You’re not just selling a house—you’re relying on someone to handle one of your most valuable assets. In places like West London and Somerset, where property values can vary significantly, an unregulated buyer can cost you thousands.
Checklist to Confirm Legitimacy
Is the company regulated?
Do they explain their offer clearly?
Are reviews consistent and verifiable?
Are they rushing or pressuring you?
Are they trying to change terms last minute?
Conclusion
Yes, there are many legitimate cash house buyers. But like any industry, there are also a few bad actors. Do your research, especially in regional hotspots like Surrey, Bognor Regis, and Wiltshire.