We are a specialist cash buyer of leasehold flats, based in London and buying across England and Wales. We have been buying property since 2003 and know the complications that make a leasehold flat harder to sell than a freehold house.
Member of The Property OmbudsmanCash buyer since 2003Leasehold flats onlyMember of The Property Ombudsman
Who We Are
Sell Flat UK is a trading name of LDN Properties Limited, a London property buying company established in 2003. We buy leasehold flats directly across England and Wales, using our own funds, so there is no mortgage lender to satisfy and no chain. Most of the flats we buy are in the capital, and our guide to selling a flat in London sets out what we have learned about the market there.
We only buy leasehold flats. That focus means we know the legal, structural and financial problems that make them hard to sell through an estate agent: short leases, defective lease clauses, slow managing agents and buildings with unresolved fire safety issues.
We are open about the fact that our offers are below market value. The trade-off is speed and certainty. If you are dealing with a lease problem, a flat in poor condition or a sale that has already collapsed, that certainty can matter more than the last few thousand pounds.
Selling a leasehold flat is more complicated than selling a freehold house. That is where a specialist buyer helps most.
Short Leases
Once a lease drops below 80 years, mortgage lenders become cautious, and below 70 years most will not lend at all. That leaves cash buyers. We regularly buy short lease flats, including those with fewer than 60 years left, where an estate agent would struggle to find a buyer.
Lease Defects
Defective lease clauses, onerous ground rent terms, absent freeholders and missing consents all surface during conveyancing and can sink a sale. We know these problems and check for them before we make an offer, rather than finding them later and cutting our price.
Difficult Circumstances
Probate sales, flats where the tenant is on notice and vacant possession is on its way, and sales where the previous buyer has pulled out all need a buyer who knows the process and can move without a chain. That is what we do.
Our Approach
We start with research. We look at the title register, the lease and any known issues with the building or managing agent before we put a figure to you, so the offer reflects the real position of the flat. The full seven steps are on our How It Works page.
We also say so when a flat is not right for us. If your flat would do better through an estate agent or at auction, we will tell you. Some sellers contact us expecting a quick sale and find that a different route makes more financial sense for their flat. We would rather say that early than waste your time.
Where a direct sale does make sense, because of a short lease, a lease problem, a collapsed sale or a flat that needs a lot of work, we keep the process simple. No public viewings, no chain and no last-minute changes to the offer.
Leasehold Specialist. Member of The Property Ombudsman.
Established in 2003 and independently owned.
The Property Ombudsman
Membership number D12463. The Property Ombudsman provides independent redress for consumers. You can verify our membership at tpos.co.uk.
Companies House
Registered in England and Wales as LDN Properties Limited, company number 04636129. You can view our filing history at Companies House.
ICO Registration
Registered with the Information Commissioner's Office, registration number Z7733416, covering how we handle and store personal data in line with UK data protection law.
Reviews.co.uk
We have 346 verified reviews on Reviews.co.uk with a rating of 4.9 out of 5. You can read them independently at reviews.co.uk.
How We Differ from Other Cash Buyers
The we-buy-any-property market has a poor reputation in places, and not without reason. Some companies in it are not buyers at all. They are lead generators who pass your details to investors, or middlemen who take a margin between you and the real purchaser. The result is often a high first offer that quietly shrinks once the legal work starts.
We work differently. We buy direct, with our own money, and we do the research before we make an offer rather than after you have accepted it. Our Buying Code sets out the standards we hold ourselves to on every purchase.
Whoever you sell to, three checks are worth making. Is the company registered at Companies House? Is it a member of a redress scheme such as The Property Ombudsman? And does it buy with its own funds rather than passing you on to someone else? Our page on we-buy-any-flat companies explains what to look for in more detail.
Get in Touch
Call us to talk through your situation. There is no obligation.