Happy Customers

"We’ve recently had our 2nd child and so decided that we needed to upsize both house and garden to accommodate our growing family. Having come across National Homebuyers website and reading the positive testimonials and reviews; we decided to make and enquiry and see if it was a service that would assist us. From the […]"

Mr G, Great Sankey

"We were really pleased with the service we received and it did exactly as it said on the tin. Dad is now out of hospital and has cash in the bank, which has meant he can see his Grandchildren enjoy their inheritance."

Mr B, Burnley, Lancashire

Who Is Liable For Property Damage Between Exchange And Completion?

Property damage is anyone’s worst nightmare, especially so close to Christmas. For those that are in the process of purchasing a property and have already exchanged contracts it is an extra concern as they do not legally own the property yet, but cannot pull out of the sale either.

Once contracts are exchanged for the sale of a property it then becomes a shady area as to who is responsible for any repairs. Most solicitors would advise that anyone purchasing a property should take out buildings insurance to cover from the date of exchange, even if the sellers do still have their own policy. This is because once contracts have exchanged you are legally obligated to complete on the sale, regardless of any damage that occurs to the building between exchange and completion. This means if you haven’t taken out insurance and the roof is destroyed by a storm between exchange and completion, you will have to buy the property and face the costs of repairing it yourself.


If you haven’t taken out insurance you can hope that the sellers have still got insurance, but it will be unlikely that they will want to face the hike in their insurance premiums that would result from them claiming for damage to a property that they no longer own. The safest bet is to always take out insurance to cover you from exchange of contracts, even though you do not technically own the property yet.

When you do complete on the sale here are some tips for helping your property weather the storm:

  • Establish an evacuation plan
  • Ensure gutters and drains are clear, which will allow water can drain effectively
  • Place valuable/irreplaceable items upstairs to limit flood damage
  • Secure fences and bring garden furniture and washing lines etc. inside
  • Keep insurer’s contact details to hand as it is important to report any damage as soon as possible.

National Homebuyers – We Buy Any House

Homebuyer man holding a chequeNational Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve your aim of selling your house fast in a time scale that suits you and not us. So if you want a we guarantee to buy any home service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer form at the top of this page and take the hassle out of selling your home!


Property Damage - We Buy Any Home
How To Avoid “We Buy Houses For Cash” Scams
How to sell your house without an estate agent