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Selling a short lease property

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Hi, my name is Mark King and I am a South Wales based property cash buyer.

One of the things that happens often is that we are contacted by vendors who have a shorter defected lease.

This makes a property really difficult to sell in the open market, because a lot of mortgage lenders will either refuse to lend on that type of property, or will offer a lower loan to value. This means that the buyer would need to put a large deposit into the property to succeed at getting a mortgage.

What I can do is look at the financial cost of extending the leasehold, or I could buy the freehold, if it’s a house, rather than a flat.

For you as a vendor, what that means is I could normally pay a higher figure for that property against what you would get on the open market.

Once I agree to purchase the property, I would then extend the lease at point of purchase.

If you’re in a situation where you have a property with a short lease, and that can be a lease that is under 65 years, please get in touch. I’m happy to make you a cash offer, and I would be able to complete that very quickly.

Local House Buyer. Excellent Reviews
★ ★ ★ ★ ★

Kelly Tewkesbury: ★ ★ ★ ★ ★

I contacted Mark in March, about needing to sell my house I owned with my ex husband, after the sudden passing of my him. The house was in an awful state, and beyond anything that I could afford to fix. Spoke to Mark and he put me at ease explaining that it didn’t matter what state of disprepair it was in, he would be able to help me out.

The fact the Mark pays for everything, and that I had nothing to pay out of my own pocket, is what interested me most. With the sudden need to sell a house and with no money to be able to do that on my own, going to mark is the best choice I could have made. He gave a fair price for my house, and I didn’t have to to a thing, except exchange a few emails with the solicitors assigned to my case, sign a few documents and eventually hand over the key.

For anyone who finds themselves in a situation like I did, or even if you are looking for a quick sell on a very marketable house, Mark is your best bet! I will be recommending him to anyone who needs it.

Thank you very much!

Michelle Smart: ★ ★ ★ ★ ★

I first contacted Mark King in November of last year as I need to sell my house quickly due to a change of personal circumstances.

From initial contact to completion of the sale everything was very quick and efficient. Nothing was too much trouble and my questions we're answered quickly and we were able to complete the sale in mid December.

I would definitely recommend Mark and his team.

Sarah Patmore: ★ ★ ★ ★ ★

I inherited a property that was challenging, & despite advice from a range of professionals I was struggling to know how to sell it.

After a recommendation from a work colleague I contacted Mark & received his offer quickly. Despite some challenges with the sale Mark’s team remained engaged & maintained regular communication with me.

The team were patient with the delays & the sale was able to complete as soon as was possible in the circumstances. I’m very happy with my decision to sell to Mark & the service provided by his team. Thanks.

Leanne Bessant: ★ ★ ★ ★ ★

I did a lot or research before approaching Mark King Properties, A host of positive feedback gave me the confidence to call them, while I was contemplating putting my house on the market.

I’m extremely glad I did, as the whole process has been stress free and totally professional. From receiving a fair valuation, which was well in line with my expectations, to receiving funds. Communication and support has remained unwavering throughout the process.

Nikki has a wonderful approach, with no uncomfortable pressure or hard sell, Mark is extremely down to earth, honest and realistic.

The sale of a house can be so daunting, Mark King Properties made the process extremely easy and I can’t recommend them enough.

Sian Anderson: ★ ★ ★ ★ ★

The best decision I made was to sell my house with Mark.

He and his staff are amazing, friendly and knowledgeable. The service i had from Mark and his team was exceptional.

I had a very fair price for the house and had none of the snags that usually go hand in hand with selling a property. On top of this, it was done in under 3 weeks:amazing.

Everything was explained thoroughly, no hassle, no hold ups just a seamless transition. Wholeheartedly recommended.

Carlie Harries: ★ ★ ★ ★ ★

Mark and his team was very professional and kept us stress free within the purchase of our property.

He gave us a fair price and was no hidden cost with all fees paid for. Nicki his assistant was an absolute star nothing to much for her to handle, Wouldn't of sold the house without her reassurance and friendly arroach.

Would definitely recommend Mark if you want a straight forward quick sale.

Catherine Isom: ★ ★ ★ ★ ★

I could not recommend this company highly enough.

From start to finish the sale was all dealt with on my behalf so the transaction was virtually stress free. I was offered a fair price for the property which was in a terrible state, and Mark was very open and honest about how he came to the valuation he did.

There was a hiccup with my lease as the freeholder was uncooperative and generally did everything possible to be difficult, this was by no means the fault of Mark, but unfortunately delayed the process.

Mark and Nikki were in contact with me each step of the way to keep me updated. Once that issue was overcome it only took 2 weeks to complete.

To say I was pleased to be rid of my problem property would be an understatement. I am excited to see what it looks like when Mark and his team have worked their magic on it.

Please, if you are considering selling your home quickly for whatever reason, call Mark. I am sure you won't be disappointed.

David Vaughan: ★ ★ ★ ★ ★

I need to leave this review because I can not find it in me to ignore such a fantastic company. Mark and his team have gone beyond excellent these past two months. My wife was diagnosed with stomach cancer at the end of March.

I approached Mark King for a quick sale as we decided to leave our dreams while we had time left. Mark offered us a great price and we accepted, he told us it was good for a month as usual. My wife died two weeks later, I explained this to Mark and he unexpectedly told me to take my time to deal with and the offer would stand no matter what.

His team have been wonderfull throughout taking all the pressure off me. Not just that but they have gone out of their way to help and make it easy.

Damien Woodham: ★ ★ ★ ★ ★

Couldn't recommend highly enough, Mark came out himself for our initial talk concerning the sale of our property. Since that time Nikki couldn't have been more attentive and helpful with every stage of the sale.

When the home was first put up for sale, their work ensured that we had a buyer within three weeks (and this was over the Christmas period!)

If you're looking for a company to sell your property who given a genuine, personal touch and hard work ethic then use these guys. Thank you again for all your help

Josh Llewellyn: ★ ★ ★ ★ ★

Excellent service from Mark and his team from start to finish selling my house. Mark initially visited the property and gave me a price I was happy with. The whole process was completely stress free and Mark also paid for all the solicitors fees. I would highly recommend

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Excellent service provided by Mark King Properties, very efficient and fast house sale service! - Robert Tylor, Barry