Open Property Group: Reviews, Overview & Prices Paid (2021)

Open Property Group claims to buy properties in as little as 24 hours and does not charge any legal fees or outstanding leasehold bills. The Open Property Group is regulated by the NAPB and registered with The Property Ombudsman, which means they are regulated should adhere to strict standards when purchasing properties from customers.


Who is Open Property Group?

Open Property Group, based in Gerrards Cross, are quick house buyers. The Open Property Group will buy any property in England and Wales for cash, including vacant or occupied rental properties as well as complicated properties.

Open Property Group’s directors have over 30 years of experience in finance, property, and debt recovery and have sold over 2000 properties since the company’s inception. The company collaborates with RICS and national estate agents to evaluate each property and are willing to pay up to 85% of the market value for a property.

  1. Open Property Group
  2. Reviews
  3. Our Verdict
  4. Compare with British Homebuyers
  5. FAQ’s

What services do Open Property Group provide?

Open Property Group claims to buy any home for cash. They’ll give you an obligation-free quote for a property – and pay you in 14 days or less.

Open Property Group will also purchase problem properties – homes that are about to be repossessed  – and rental properties with current tenants. The company is also willing to buy probate and commercial properties in England and Wales.

What is the process with Open Property Group?

Open Property Group guarantees a hassle-free sale. Their process starts with an inquiry – you will complete an online form with information about the property you want to sell and send it to them.  You will receive an instant, no-obligation cash offer  – but they do not specify when this will happen. When you receive your cash offer, you have the option of rejecting or accepting it.

If you accept, Open Property Group will schedule a visit to inspect the property’s condition. A drive-by visit can be arranged for landlords who have tenants living in the property.

The sales process starts after you receive a final, formal offer. Open Property Group will cover all legal fees and other costs associated with the sale, and you will be able to manage the timeframe. It can range from 3 days to 6 months after contracts are exchanged.

Any funds will be transferred to your solicitor, who will then forward them to you. Open Property Group will ensure that you receive the money for your home on the date you specify.

Open Property Group Positives

  • Open Property Group will buy any property in any condition, including problem properties that have issues such as subsidence.
  • Open Property Group will buy rented properties even if they are currently occupied by tenants.
  • Landlords selling to Open Property Group may be pleased to learn that the company is a member of the Residential Landlord Association.
  • If you need to sell your property swiftly, Open Property Group can buy it in as little as 24 hours.

Open Property Group Negatives

  • When you sell your home or property to Open Property Group, you will not receive market value. This is standard for a direct cash house buyer, and you should expect to receive no more than 85 per cent of your home market value.
  • There are only a few reviews for Open Property Group online. While the company has a high rating, there are far fewer reviews than many other UK cash house buyers.

Compare with British Homebuyers

Discover how Open Property Group compares to British Homebuyers

Home Buying Company

Google

Trustpilot

Reviews.io

Feefo

British Home Buyers

4.9/5 from 149 Reviews

4.8/5 from 154 Reviews

4.8/5 from 321 Reviews

4.9/5 from 17 Reviews

Open Property Group

4.4/5 from 30 Reviews

3.3/5 from 3 Reviews

No Reviews

4.8/5 from 5 Reviews

Our Verdict

Open Property Group is a direct cash home buyer with cash funds available to purchase your home. They will buy problem properties and properties currently rented out to tenants.  They appear to be a reputable company, registered with The Property Ombudsman and members of the NAPB and RLA. According to reviews on independent review sites, previous customers are generally pleased with the services provided by Open Property Group.

FAQ’s

According to Open Property Group, they pay around 80% of the asking price for a house. This value can rise or fall depending on your specific property.

If necessary, Open Property Group can buy your home within 24 hours, or you can set the timeframe so that the sale will occur at a convenient pace for you.

When working with the Open Property Group, you will not be charged any fees, and they also cover solicitor's fees and any other legal costs.

Open Property Group is registered with The Property Ombudsman as well as the NAPB.

Open Property Group claim to be a direct cash buyer, meaning they have immediate funds available to purchase your home.

Contact Open Property Group