According to the latest Government data released on 28 June, the UK housing market has seen its fifth consecutive month of growth in house sales. Ziphouse Ltd, a prominent UK property buying company, is contributing to this positive trend by offering fast, hassle-free sales solutions for homeowners eager to sell.
In collaboration with Nextcrowd, an investment platform, Ziphouse raises the necessary funds to acquire below-market-value (BMV) properties. These properties are then developed and resold, creating benefits for both property sellers and investors. Homeowners can quickly receive payment without the prolonged process of viewings, dealing with solicitors, and waiting for potential buyers to sell their own homes. Meanwhile, investors gain the opportunity to earn attractive returns from house renovations and resales, without the burden of managing the projects themselves.
CEO of Nextcrowd, Sacha Bright commented, “We have been delighted to work with Ziphouse for two years now, supporting them in accessing investors who are hopeful for better returns than banks offer. The investments are perfect for those passionate about the property industry and concept of housing renovations and re-selling for with good margins, but don’t have the time or want the hassle of managing a renovation themselves.”
The investments in Ziphouse, managed by Nextcrowd, offer investors a projected return, whilst house sellers receive their sale proceeds on average 14 – 21 days from choosing to sell – but in some cases as little as 7-days.
Michael Burgess, CEO of Ziphouse added, “Ziphouse works well for all parties. We are experienced in renovating properties. Investors’ funds are used to make the initial purchases, and support the building work, before re-sale, which anticipates a good return. Whilst the data indicates that house sales are now recovering after the downcycle, nonetheless the process of actually selling remains a nightmare for many. Removing the pain point is proving popular evidenced by the demand we are now seeing from both sellers and investors.”
