Choosing a buyer
Open Property Group: How to Evaluate Them
To evaluate Open Property Group — or any property-buying company — verify it independently: check Trustpilot and Google reviews, NAPB membership, redress-scheme registration (The Property Ombudsman), and Companies House, and establish whether they buy with their own funds, the offer as a percentage of market value, that it’s firm to completion, and that there are no fees — in writing. Then benchmark the offer against an independent valuation before deciding. This applies to landlords selling tenanted property too.
What is your property worth?
Get genuine offers from checked & vetted buyers.
- Own funds?or a middleman
- NAPB/TPOverify membership
- 75-85%a genuine offer
Establish what kind of buyer they are
Property-buying companies differ: some buy residential homes, some specialise in tenanted/buy-to-let portfolios, and some are principals while others are intermediaries. First establish exactly what the firm does, whether they’re the actual buyer, and whether they handle your type of property (for example, a tenanted property). A firm that buys with its own funds and can show proof of funds offers more certainty than one sourcing a third-party buyer.
The verification checks
| Check | What it tells you |
|---|---|
| Trustpilot / Google | Real experiences, including complaints |
| NAPB membership | Code of practice for property buyers |
| The Property Ombudsman | Independent redress route |
| Companies House | Trading history, accounts, directors |
| Proof of funds | Genuine cash position |
Questions to ask
Ask directly: Do you buy with your own funds? What percentage of market value is the offer? Is it guaranteed not to drop before completion? Any fees? How fast can you complete? Do you handle tenanted property / my situation? What are your memberships and registration numbers? Clear, written answers indicate a reputable firm; evasiveness or pressure is a warning sign. For landlords, also confirm how they handle the tenancy, deposit and existing agreements.
Benchmark the offer
Whatever the offer, compare it. Get independent valuations and check sold comparables (for tenanted property, on an appropriate basis) so you know the true value. A genuine quick purchase typically lands at 75-85% of market value — the discount buys speed, certainty and no fees. Weigh that against a normal open-market sale’s net after fees and time, and the particular hassle of your situation (e.g. an underperforming let). Only then can you judge whether a specific offer is fair for you.
Choose with full information
Open Property Group and similar firms are one route among several. At Ready Steady Sell we help you compare your options and get a no-obligation offer from vetted, NAPB-registered cash buyers, so you can benchmark it without pressure — whether you’re selling your home or a tenanted property. Do the verification checks and get every figure in writing before committing. See also are quick-sale firms legitimate?
Don’t accept a lowball offer for your home
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Written & reviewed by Lisa Hayes, Founder
Lisa Hayes is the founder of Ready Steady Sell and an independent UK home-selling expert with over a decade helping homeowners weigh cash house buyers, property investors and the wider fast house-sale industry — without pressure or hidden fees. Every guide is reviewed for accuracy under our editorial standards.
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Frequently asked questions
Straight answers, no sales talk
Is Open Property Group legitimate?
Verify it yourself: check Trustpilot and Google reviews, NAPB membership, redress-scheme registration (The Property Ombudsman), and Companies House, and confirm the offer and no fees in writing.
Do they buy tenanted property?
Ask the firm directly whether they handle tenanted or buy-to-let property and how they deal with the tenancy, deposit and existing agreements. Confirm they buy your type of property.
How do I know they’re a real cash buyer?
Ask whether they buy with their own funds and request proof of funds. A genuine principal buyer can show cash and complete without sourcing a third-party buyer.
What percentage of value will they pay?
Genuine quick buyers typically offer 75-85% of market value, traded for speed, certainty and no fees. Benchmark any offer against an independent valuation.
What should I get in writing?
The offer as a percentage of market value, a guarantee it won’t drop before completion, confirmation of no fees, the completion timescale, and their memberships and registration numbers.
Should I compare before accepting?
Yes — get independent valuations and check comparables, then weigh the offer against a normal sale’s net after fees and time, and the hassle of your particular situation.