Cash buyers vs auction vs estate agents.
Estate agent fees in the UK typically run from about 1% to 3% of the sale price plus VAT for high-street agents, or a fixed fee of roughly £900 to £3,000 for online agents. On a £200,000 home that is about £2,400 to £4,200 including VAT at 1–1.75%.
How conditional online auctions really work, who pays the reservation fee, the 56-day timetable, and when it beats a traditional auction or cash sale.
Most "cash buyers" are brokers who sell your details on. Four quick checks — proof of funds, sourcing-fee clauses, contract terms and redress scheme membership — reveal who is buying with their own money.
A ranked, honest guide to the cheapest places to buy a house in Wales in 2026 — average prices, why they are cheap, and what buyers should watch for in each area.
Auction takes 6–10 weeks and costs 2.5–3.5% in fees with no guaranteed sale. A cash buyer completes in 7–21 days at a fixed price with zero fees. Here is how the two compare on price, speed and risk.
Nine warning signs of a fake cash buyer — from upfront fees to last-minute price drops — plus the four checks (proof of funds, Companies House, NAPB/TPO, and a named solicitor) that confirm a genuine buyer.