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Broken Chain

The sale of your home depends entirely on a chain of transactions. When this chain is broken, the sale of your home falls through and you are left right back where you began.

When you are selling your house in one of these chains, you rely entirely on other people, hoping no one else backs out of the agreement at the last minute. When this happens, you can be left in a very vulnerable position. A position that is very much avoidable and one we aim to keep you out of.

Unfortunately, as much as one in three of all property sales fall through due to Broken Chains. A Broken Chain can cause unnecessary stress and delay to all parties involved. For this reason we offer a secure and fast purchase of your property, with no chains.

Statistics show that as much as a third of all property sales are unsuccessful as a direct result of broken chains. Broken chains happen when one of the parties in the linked transactions pulls out. This is when there are three or more parties involved all relying on each other. If one of these transactions is unsuccessful, or if a link in the chain breaks, the entire sale falls through and the seller is left back at square one.

Normally when the chain breaks, the complications that arise can usually only be faced in three ways:

  • The seller opts for an additional mortgage or bridging loan. Risking more mounting debts in order to stop the chain breaking,
  • The seller accepts a reduced offer or wastes a lot of time during renegotiation, or
  • Despite all the time and money the seller has already invested (and this happens a lot more than you'd think), the seller simply gives up all hope of owning their dream home.

Unfortunately, these three options just give you more to worry about in the long run. The seller gets left with more debts and risks to take than when they first started the process and not much else. There are many disadvantages of broken chain sales, these include having to pay a whole range of costs such as surveyors and solicitors fees, mortgage payments and more. Not to mention the frustration and stress of starting the selling process again.

Fortunately this is where we can help! Usually we can turn your broken chain around and within just 7 days we can provide you with the financial security you need and give you the means and the confidence to buy the property of your dreams whenever you're ready.

To avoid these additional mortgages, bridging loans and stresses, paying insurance and the maintenance costs of two houses please contact us on 0808 168 2006.

You will not need to conform to anyone elses timescale but your own, so you are free to move at your own pace without feeling under pressure. "Fast Property Sale" can put you in the position of being a confident cash buyer.

We realise everyone's situation is different and we can tailor our services to your exact requirements and our in house solicitors can help make the whole legal process as easy as possible.

Apply online here or if you have any more questions or would like some more information, don't hesitate to call us on 0808 168 2006 and our experts can give you all the information you need!

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