What Is the National Association of Property Buyers?
The National Association of Property Buyers is a group of professionals that are committed to providing the highest possible standards in the property buying sector.
The group formed in 2013 and they have worked closely with The Property Ombudsman to form a new and improved Code of Practice to create a set of guidelines that will raise property buying standards in the industry.
What Does the National Association of Property Buyers Do?
The National Association of Property Buyers (NAPB) helps property sellers decide whether selling to a professional cash house buyer is the right option for their circumstances. They give information and advice regarding the sale and also talk about benefits and potential disadvantages.
NAPB membership is voluntary and only open to companies that buy property directly themselves. This ensures that property owners and sellers are a hundred per cent sure about who they are selling to.
Does Selling to a Member of the NAPB Protect You?
The NAPB requires its members to sign up to The Property Ombudsman Code of Practice. This ensures that all companies follow the highest possible standards for property buyers, and in the unlikely event that something goes wrong, will financially compensate via the Ombudsman redress scheme.
A list of member firms of the NAPB can be found on the official website. Members will display the NAPB logo on their website to ensure you know that they’re a part of the group.
Looking for more information on property buyers?
If you can learn more about many of the UK most popular property buyers by reading our reviews below.
Ask Susan’s property buyer company reviews
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GoodMove reviews
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Home House Buyers reviews
Springbok Properties reviews
Fast Sale Today reviews
Sell Quick reviews
Accelerate Homes reviews
Quick Buyers reviews
House Buy Fast reviews
The Property Buying Company reviews
Property Solvers Reviews
Spring Move Reviews
What is a professional property buyer?
A professional property buyer is a company or individual who specialises in buying properties for investment purposes. They are sometimes referred to as cash buyers or property investors.
Professional property buyers typically purchase properties with the intention of renovating, improving, and reselling them at a profit. They may also rent out the properties for passive income or use them for other commercial purposes.
One of the advantages of selling to a professional property buyer is that they can often close the sale quickly and without the need for a lengthy sales process. This can be beneficial for homeowners who need to sell their property quickly, or who want to avoid the hassle and expense of listing the property on the open market via an estate agent for example.
However, it’s important to do your research and work with a reputable professional property buyer who has a proven track record of success. You should also ensure that you fully understand the terms of the sale and any fees or commissions that may be involved.
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