Selling Your Property When Stuck in a Chain
Property chains impact both buyers and sellers. Don’t lose your dream home; get an instant cash offer today.
Our expert cash home buyers take the stress out of the property chain; move on with certainty and peace.
A property chain is formed when several buyers and sellers depend on each other for sales to occur. If any of the parties to the chain cannot continue, for whatever reason – not being able to get a mortgage, their own buyer pulling out, suddenly finding out there are massive structural issues or land registry problems – then the chain breaks down and the losses are felt by all concerned. If you’re stuck in a chain and the sale is taking too long, or you need some help because your property chain is broken, our friendly experts can advise the best way forward. Selling your home to a genuine cash buyer like Property Saviour can really get you out of a pickle when everything seems to be falling apart around you.
Reasons a property chain may break down
Property chains can break down for all sorts of reasons, some may be avoidable with proper planning and research, but other reasons are simply beyond your control. We’ve helped clients who have been unable to buy the property they wanted because their own house sale fell through. Some of the most common reasons are listed here, although if you have a chain situation which is not mentioned, we’ll still be able to help you.
- Sale taking too long
- Mortgage refused
- Change of job
- Unplanned pregnancy
- Medical circumstances
- Somebody died
- Going into long-term care
- Mortage lender admin errors
- Fraudulent or invalid visa
- Solicitor negligence
- First time buyer finances
- Conveyancing delays
- Structural issues
- Damp and mould found
- Wet or dry rot infestation
- Subsidence or heave
- Red ash under concrete floors
- 'Concrete cancer'
Ethical cash buyers with rock-solid integrity
We’ve seen it all during our 12-year property trading history; our many happy clients will vouch for our integrity, professional conduct, respectful communication and informative guidance throughout the whole house-selling process.
Sam and Sad really helped me out on the sale of my grandma's house. It had been empty for 3 years and after a fallen through sale I couldn't be bothered going through all that stress again
Selling your house for cash will rid you of the chain
Buyers and sellers with certain circumstances will prevent chain problems from happening in the first place. Probate and inherited properties typically have no upward chain since they are usually unoccupied once the owners have died. Equally, first-time buyers will have no property to sell and therefore are not a risk, but in fact, a saviour to the chain. However, one can’t always be lucky enough to find those parties to complete the chain.
Beware of the quick house sale scammers
The only other solution to complete the chain is a cash buyer – either a property developer, someone with a substantial inheritance or cash in the bank who is able to buy without a mortgage, or a quick house sale company like Property Saviour – we will never need a mortgage and can provide proof of funds to reassure you.
Please do be ultra careful when considering a cash house buyer like ourselves, as they are not all made equal – people have been scammed online and also given false promises regarding timescales, fees and contract exchange dates. We will never mislead you or pressure you into a sale; we take great pride in our outstanding 5-star reputation across Google, Trustpilot and Houzz and we’ve also had articles featured in the local and UK National Press.
Do cash buyers offer less for chain properties?
By accepting our quick cash offer for your house, flat, bungalow or cottage, although we can’t promise the full market value you may get by going to an estate agent, we can usually achieve approximately 75 to 85% of the price you were aiming for. When you consider the losses you may incur by staying put, for example, several months of extra mortgage repayments and interest, having to decline the new job with a higher salary, or needing to pay extra childcare until you move, then you may not actually be that much out of pocket after all.
We offer speed and certainty to get you moving
It’s a trade off – with us, you get the speed and the certainty, but you sacrifice a little profit on the sale. A simple concept, but one which could make all the difference when you need to move hastily.
The main benefits are that we can often complete within a week or so, we pay your legal fees up to £1000, plus you’ll be freed up and ready to move as soon as possible. So you won’t miss out on your dream home or get stuck waiting in that seemingly never-ending chain.
Sold a property through Saddat at Property Saviour. Always a pleasure to deal with him. Always comes back to you if there is a problem. Would highly recommend this company
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Got Property to Sell?
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