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House sale
Fallen Through?
Has your buyer pulled out of your house sale?
Has your house sale fallen through? – We can help
Selling your home can be a frustrating process. There are so many unpredictable variables that either slow the whole process down or make you go back to square one of buying a property.
Chainbreak
A property chain is when a homebuyer and seller are linked due to their purchase or sale of a property. A “chain break” is when the property chain falls through. Being part of a housing chain can be both very stressful and expensive.
Why it happens
There are many different reasons to why a chain may break. As previously mentioned, all transactions are linked, which therefore means everything has to run smoothly for a property chain not to fall through. Being part of a chain can slow the whole selling and buying process down, making the situation rather tedious.
FAQ’s for inherited properties
So, you are part of a chain but feel nervous that a party may duck out. How do you stop a buyer pulling out last minute?
First of all, you need to make sure you keep the communication channels flowing. Allow whichever party you are dealing with (whether it’s a buyer or seller) to be able to contact you at all times. Opening up a line of communication will help you to build relationships and increase the chance of keeping the chain.
Try taking control, if a party wants to pull out of the chain, contact them. Negotiate and ask for their reasoning behind this and see whether they can be persuaded to change their minds. If your buyer or sellers haven’t pulled out just yet, see if you can speed up the process of exchanging contracts.
- Survey fees
- Solicitor’s fees
- house repayments fees
- Search fees
- Lender’s valuation fee
Adding all these expenses together could lead to a rather large loss. So, it is understandable that many selling or buying properties want to avoid being part of a chain.
There are ways to repair a chain. To start, keep the communication channels to negotiate with the party that has pulled out. They may be up for negotiations to stop the chain from falling through. Another option is to sell or buy a house through an auction company. This will allow you to sell or buy your property quicker. However, if you are selling your property via auction, it is unpredictable the amount of money that you would receive.
You may be fed up of people falling out of your chain and want to sell your property quickly. Here at HELP.CO.UK, we are more than just a cash buyer We have our own cash facilities to offer you the best possible trade prices in the industry. Why should you choose us?
- We can buy your property quickly for cash
- You don’t have to pay any solicitor’s* fees or survey fees
- We can complete in a timescale to suit you
How We Work
Sell House For Cash
Free cash offer within minutes, any condition, any location.
Sell House For Cash
We can buy your property quickly for cash
All Costs Are Covered
No agents and no solicitor fees to deal with
Timescale
We can complete in a timescale that suits you
Full Amount
You get 100% of our offer price, (less any redemption lender cost)