Tech Pitch: We Buy Any Home
Don't believe you could sell your home in just seven days? Startups takes a look at the business offering to pay cash for your property in under a week...
Company name: We Buy Any Home
Founder: Elliot Castle (34)
Background: Following 16 years’ experience in the property industry, Castle set up We Buy Any Home, which aims to benefit homeowners who are struggling to sell their property and need to sell quickly.
Based in: London
Very simply, what does your business do?
We Buy Any Home is a UK home buying service that provides the fastest sale possible when it comes to selling your home. Our business is designed to help people who are looking to sell a property quickly, and offers a completely hassle-free process.
The service is free for the seller with no hidden fees or charges, and we can complete in as little as seven days. We Buy Any Home also pays solicitor’s fees for property sales, so homeowners can be assured that the offer made to them is the full amount they will receive.
Tell us why there’s a need – what do you disrupt?
Homeowners have become increasingly disillusioned with the process of selling a home, and having worked in the property industry for a number of years, I understand all too well how drawn out the process of selling a property can be.
For some, this can simply be a frustrating formality to endure, but for others who need to sell a property quickly, it can cause them serious worry, distress and concern. Seven years ago, I realised that there was nothing on offer to assist people who are keen to get a quick sale for a property – and that is why I set up We Buy Any Home.
Is We Buy Any Home funded?
We Buy Any Home is a cash-buying company, so we have significant cash reserves to ensure sales can be completed as quickly as possible.
What were you doing before you started We Buy Any Home?
I have worked in the property sector for my entire career; I refurbished and sold my first property at the age of 17 and soon after started my career working for Structadene Ltd, one of London’s largest property investment companies.
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I had wanted to run my own business from a young age, and in 2009 the idea for We Buy Any Home, a competitive home-buying service, was born. The concept came out of frustration due to the lack of opportunities I found were available through estate agents.
What’s the best thing about being based in London?
Being based in London means we have a wealth of talent available on our doorstep which means we can recruit locally, and continue to provide the very best service for our customers.
Want to launch your venture in London, but not sure where to start? Read Startups’ free guides to starting a business in London.