Colubrid

Colubrid, estate agency in Essex and London

Colubrid presents itself as an estate agency operating in Essex and London, marketing properties for sale and to rent. Its proposition is built around a fixed fee with no commission, payable upfront or through a deferred payment plan, in contrast to the traditional model of commission on the sale price. The company states it is part of one of the largest estate agency networks in the UK, with more than 800 offices, and claims to reach over ten million potential buyers through its online advertising network.

Selling homes and how it works

For homeowners who are selling, the agency offers a full service that includes a free valuation, marketing the property and support through to sale. Its tools include the Open House format, an open viewing event that the company explains on its website. It also has a commission savings calculator that compares Colubrid's fee with the usual fees charged by traditional agents, which according to the source cited by the company (HomeOwners' Alliance) typically range from 1% to 3% plus VAT of the sale price. The company states that its customers find a buyer in under 30 days on average, save £3,293 in fees and achieve 99% of the last asking price.

Lettings and property management

In the lettings sector, Colubrid serves both tenants and landlords. For landlords it offers tenant finding, property management and a service designed for owners who do not want to be involved in the day-to-day running, with support available 24 hours a day. The company presents itself as a lettings specialist in Essex and offers a free rental valuation of a property. For tenants, the website allows them to search for rental properties, register and find information about the tenancy agreement and applicable fees.

Complementary services: mortgages and conveyancing

In addition to estate agency, Colubrid offers mortgage services, with information on how much can be borrowed and on buy-to-let mortgages for landlords, and conveyancing services, the legal process of transferring property ownership in England and Wales. The company also publishes a guide on the process of instructing the agency and answers frequently asked questions about the no-commission model.

Presence and structure

The company states it has high street branches and presents itself as part of a national network of agencies. Its stated area of operation is Essex and London. The company is registered in England and Wales and its registered office is in Westcliff on Sea. The website indicates that the company is regulated by RICS.

Location and contact

516 London Road, Westcliff on Sea, SS0 9LD