How soon can you sell a house after buying it in the UK?

Legally speaking, there is no set time period in which you need to own a property before you look to sell it. Meaning, a property owner can look to immediately resell if they want. As soon as legal ownership is transferred, you have the right by law to sell the property whenever you like, even if it is the very next day.

There are a few reasons why some choose to sell quite soon after purchasing; from buyers’ remorse to flipping houses for profit. Other examples include job relocation, financial instability since the purchase or changes in the family i.e., a death or divorce. If you happen to find yourself in such a position, there are a few things you should know.

The ‘6-Month Rule’

When it comes to mortgaging a property, there is a term known as the ‘6-month rule’ which could cause obstacles in the selling process if they’re doing so shortly after buying. Most mortgage lenders will not finance a purchase if the owner has not lived in or owned the property for over 6 months. If a mortgage was used for the original purchase; they need it to be registered for 6 months before they consider issuing another mortgage on the same property. These types of lenders do this to protect themselves from potential losses and to reduce the possibility of crime, such as money laundering.

Each lender tends to have different rules and regulations surrounding this topic. Whether you have already made the purchase, or have plans to sell the house shortly after purchase, it is always advised to check what the lender’s policy is. For example, a lender may allow the sale for the property within this timeframe, but could charge a fee or penalty to do so.

What does this Mean?

For the majority, if you are looking to sell a property soon after purchase, you would need to find a cash buyer. This is a buyer who would not need to take out finance or a mortgage to go ahead with the purchase. Since most buyers on the market often finance their homes through a mortgage lender, it can prove difficult for a seller in this situation.

Cash Buying Companies

If a homeowner has a change in their circumstances and needs to quickly find a cash buyer, an option available would be to use a cash buying service such as FastCash4Houses. We help property owners who struggle to sell their homes or anyone looking for a quick sale, and we also pay in cash.

If circumstances have dictated that you have no choice but to sell your property within the first 6-month period, this type of service would be the best option for you. We are cash buyers who pride ourselves on our reputation for quick turnaround, and in some cases have obtained a sale from offer through to completion within 7 days.

For those looking to sell their home in the quickest, cheapest and most convenient way, then using FastCash4Houses would be the best option. With us, you can sell your property in a quicker time frame with no estate agent or legal fees to pay.

To get your free no obligation valuation today and to find out more about how we can help then visit our website at or get in contact with us to speak to a member of our team directly on 01204 294356 or [email protected]. At FastCash4Houses, we are here to support you every step of the way as you sell your property, efficiently and with care.

Share This Post