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Broken Property Chain

A chain break happens when one party involved in the sale cannot proceed for some reason. This can be both frustrating and upsetting, not to mention both costly, and time consuming. Unfortunately a chain break is quite a common occurrence with traditional house sales. Experts believe that as much as a third of all property sales are unsuccessful as a direct result of a chain break.

So if this has happened to you, what are your options?

  • You can accept that your house sale is not going to happen, and accept the loss of money, and time, that you have invested.
  • Depending upon the reason for the chain break, you could try to talk to the people you intend to buy from, and hope they are in a position to wait for you to sell your home.
  • Your mortgage company may be able to organise a bridging loan for you in the hope that the chain break can be sorted quickly; however this is both expensive and risky.

As you can see, none of these options are ideal. You either accept the sale is not going to happen or are left with a risky, uncertain situation, hopeful that the sale will proceed. What makes a chain break especially frustrating is that at this point, you will have paid out fairly substantial amounts of money in legal fees, surveyor’s costs, and mortgage arrangement fees.

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So how can we help?

We can guarantee a sale to help you in releasing equity from your home. We can purchase your property within as little as 7 days, or to within a timescale that suits you. This means you do not have to worry about a chain, and you do not have to start the sales process all over again. In fact, by selling your property to us, you have all the benefits of a cash buyer, such as power of negotiation on price. It also removes all frustration and uncertainty of an open market sale. This not only leaves you worry free, but it gives you the time and freedom to go and find the house of your dreams.

So for a stress free, certain sale call today on 0161 8774142.