Property Rescue

Property Rescue, a cash buyer for homeowners needing a fast sale

Property Rescue is a British home buying company that presents itself as a guaranteed cash purchaser of residential property. Its proposition is aimed at owners who need to complete a sale quickly or who cannot sell through the open market, and the company states that it will buy a property whatever its condition and whatever the seller's reason for selling. The site describes the business as having begun as a family "Home Buying" operation and says its directors and managers cover the various areas of home buying.

How the purchase process is described

The company sets out a four-step route from enquiry to completion. The seller first completes a short online form or calls the free phone line; the team then contacts the owner to gather details about the property. Within hours of that initial call, according to the site, a no-obligation cash offer is issued. If the offer is accepted, a plan is agreed around the seller's preferred timeframe and the purchase begins.

The site also details the valuation mechanics: an independent asset management firm visits the property at a time convenient to the owner and issues a report, which is then sent to two local estate agents for appraisal and confirmation of value. Once that value is confirmed, solicitors are instructed and contracts can be exchanged in as little as 48 hours. Property Rescue states that it manages the full process and that, after acceptance of the offer and an independent home survey, the sale is guaranteed, removing the risk of a chain collapse or a buyer withdrawing.

Costs and what the seller receives

According to the company, there are no estate agent fees and no EPC costs on a sale to Property Rescue, and it says it covers the legal fees. It also states that no repairs or renovations are required before selling, and that the offer made is the amount actually received. On completion, the company says it pays off the seller's mortgage and passes the remaining equity to the owner quickly, with 100% of the price paid in cash.

The site includes a cost comparison against a traditional estate agent sale, illustrated with a £100,000 home, presented as showing a modest difference in cost when selling quickly with a guaranteed sale. It also offers online calculators for estate agent fees, Welsh stamp duty (LTT) and interest-only mortgages.

Situations the company says it handles

Property Rescue lists a series of circumstances in which it presents itself as an alternative to a conventional sale:

• Repossession, where it says it can stop a repossession order and exchange within 48 hours.
• Probate, for inherited properties that need to be sold after a bereavement.
• Relocation, including emigration or a move to a new area.
• Houses that have failed to sell on the open market.
• Broken chains, where a sale has fallen through at the last minute.
• Divorce or separation, with a fast guaranteed sale to divide assets.
• Tenanted property, where the company says landlords need not inform tenants before selling and that it will deal with obtaining vacant possession.
• Properties in poor condition, including hoarder houses.
• Owners struggling financially or funding care.

Sale and rent back and portfolio purchases

Beyond outright purchase, the service menu includes a sell-and-rent-back option, under which the owner sells the property and continues to live in it as a tenant, and the purchase of property portfolios. The company states that it is regulated by the Financial Conduct Authority for sale and rent back business.

Regulatory memberships and data handling

Property Rescue describes itself as a founding member of the National Association of Property Buyers, which it says operates a strict code of practice, and as a member of The Property Ombudsman, whose code of practice governs it. It also states that it is ICO registered and that enquiry data is used only to provide the requested service and to discuss the no-obligation offer.

Customer feedback and published material

The site displays a Trustpilot rating and customer reviews, and the scanned record originates from the company's Trustpilot review page. It also carries a blog covering topics such as who pays legal fees in a forced house sale, selling a flat quickly, estate agent charges in the UK and renovation costs, alongside a frequently asked questions section explaining the buying process and timescales.