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A ‘broken chain’ is a term no buyer or seller wants to hear. It’s that frustrating moment when a property transaction falls through because one party in the chain of buyers and sellers pulls out, causing the entire chain to collapse. This can delay or even derail your moving plans, leaving you scrambling for alternatives.
The impact of a broken chain in property transactions can be deeply frustrating and financially taxing for all involved. It disrupts the meticulously planned process, causing significant delays, unexpected costs, and a whole lot of stress.
For sellers, it can mean returning to square one, re-listing the property, and enduring additional viewings. For buyers, it might result in losing their dream home, or incurring costs from surveyors and solicitors for a house they won’t buy.
The ripple effect can extend to moving plans, school starts, and even job changes. It’s a situation that underlines the importance of communication, patience, and strategic decision-making during property transactions.
Property Rescue solves the broken chain problem for sellers. As a cash buyer, we purchase your property directly, eliminating the uncertainty and complications of a typical property chain. This swift and secure process often results in contracts being exchanged in as little as 48 hours, a timeline that traditional methods simply can’t match.
Moreover, our professional team handles all the details and legal aspects of the sale, saving you from administrative burdens. By choosing Property Rescue, you’re not just selling your house; you’re investing in a hassle-free, guaranteed sale that shields you from the setbacks of a broken property chain, ensuring your property journey remains smooth and stress-free.
Here’s how it works
Other ways to sell your inherited property include using an estate agent or putting it up for sale at auction. Both of these methods have their advantages and disadvantages, and it’s important to be well-informed before making a decision.
One option to deal with a broken chain is to agree on a reduced sale price with your buyer. This could incentivise them to proceed with the purchase, even if their own sale has fallen through, by freeing up additional funds or making the property more attractive to a new mortgage lender.
Another strategy is to consider renting while you sell. This could involve moving into a rental property and becoming a ‘chain-free’ seller, which can be more appealing to buyers. Alternatively, you could rent out your property, providing a source of income while you await a sale. Both strategies require careful consideration but can offer solutions to the problem of a broken chain.
Selling a property affected by a broken chain to Property Rescue offers a hassle-free and efficient solution. We specialise in facilitating quick sales for numerous situations, including properties stuck in a broken chain. Our swift process helps you bypass the frustrations and uncertainties typically associated with broken chains and alleviates the burden of maintaining the property on the market. Plus, our expert team provides dedicated support at every turn, ensuring a smooth journey through this challenging circumstance.
There’s nothing to pay before selling. Don’t worry about sprucing up your property for a sale. We’ll buy your home, whatever the condition.
Sell your home with Property Rescue and we'll exchange contracts in as little as 48 hours, meaning you can move within days!
With Property Rescue, you get a speedy sale, guaranteed. We'll even loop in with your onward purchase to ensure a move that's seamless and hassle-free.
Once you accept our cash offer and an independent home survey is carried out, the sale is guaranteed. That means you can sleep easy, knowing there's no risk of a chain collapse or of the sale falling through.
Forget the usual property fees associated with a move. Unlike a traditional sale, there are no estate agent fees or EPC costs when you sell with Property Rescue. We'll even cover the legal fees.
From complicated legal jargon to months of delays - sell your home with Property Rescue and sidestep the usual property sale pain-points.
We promise to buy your property, whatever the condition. No need to spend money on any repairs or renovations.
Our expertise in handling any property purchase allows for quick sales, bypassing the usual delays and uncertainties. We provide dedicated support, facilitating a smooth transaction and alleviating the burden of ongoing property maintenance.
Property Rescue buys all types of homes and works with a wide range of owners. This includes residential and commercial properties with sitting tenants or vacant. So, regardless of the type of property you own, Property Rescue is likely able to facilitate a purchase.
It’s possible to purchase your property in as little as 48 hours. We focus on a quick sale, taking care of many aspects that traditionally delay a sale. Property Rescue is one of the fastest on the market for buying homes quickly.
We’re proud of how well we look after our customers. We are a founding member of the National Association of Property Buyers which has a strict code of practice. We are also a member of the Property Ombudsman and are governed by their code of practice, in addition we are regulated by the Financial Conduct Authority for sale and rent back business.