CHAIN BREAKING  

When you are selling your property and purchasing another you are involved in what is commonly known as a chain of sales. What this basically means is that there are numerous people buying and selling to each other in order to move. A break in the chain can happen at any time and for any reason. Unfortunately the whole chain collapses and then you are left in a situation where everyone involved has to then put there property back on the market, to try and reform the chain.

At Quick Purchase, we know how much stress this then puts on you trying to resell your property, because of the chain break, we also are aware that you run the risk of losing your new home. However, at Quick Purchase we have a solution for you, if you want to move chain free without the risk of another chain break.

There were an astonishing 20 – 30% of properties that didn’t lead to a completion and that fell through due to a chain break last year. There are a variety of reasons why a chain break occurs such as your buying seeing another house, gazumping, a bad survey, mortgage difficulties, bad searches, properties being down valued by surveyors & properties being undervalued by surveys.

All the experts in estate agency have all agreed that the seller is generally the person who is on the receiving end of all the problems, when a chain break happens. This means the seller is now no longer able to reach the timescale that that had set out and needed because of the chain breaking.

How We Can Help

Quick Purchase has always taken an over view to the chain break problem. First you need to understand that are national home buyers and we buy property anywhere, simply to make money, and we do this by normally paying 20 – 30% under market value. So if you had sold your property of £100,000 as an average we would pay £75,000, so in affect you would be reducing by £25,000. If there are 5 people/sellers in the chain and if everyone reduced their sale price by £5,000, then the £25,000 reduction is distributed to all the sellers, we have also seen estate agents reduce their commission, to help everyone to sell and move their life forward.

It’s quite simple with our quick sale option.

A member of the Quick Purchase team will carry out the necessary research to obtain the realistic market value of your property, make you an offer subjecting to seeing the property, make an appointment to view your property to carry out an appraisal and then confirm the offer to you there and then.

Once you have decided to proceed with our offer, we offer you an immediate exchange contracts with a completion date to suit your requirements.

This is all subject to a clear survey by a RICS chartered surveyor and clear legal title. Upon receiving these we will be able to proceed the date agreed allowing you to proceed with the purchase of your new home.

There is no cost or obligation in receiving an offer.

At Quick Purchase, we treat each customer as an individual and we understand your needs tailoring the right solution for you when you are selling to us. You can get a guaranteed quick sale when selling to Quick Purchase, which allows you to continue purchasing your property in your chosen destination quickly and without trying to resell your home the conventionally way again.

Quick Purchase does not require you to have a Hips Pack in place because we are private property buyers. We will be happy to recommend a solicitor to act on your behalf, to help you through the legal proceedings, which is completely free of charge to you, but if you chose to instruct your own solicitors, we will pay up to £500 of your legal costs helping towards lowering your cost in selling your property quickly.

Quick Purchase would be purchasing your house under market value and there many benefits when using our chain break option. The main benefit is, knowing that your house sale is guaranteed and you won’t lose the property you are purchasing. Armed with the knowledge that your property sale is in safe hands really does put you in a greater position and more importantly closer to the property you are purchasing.

At Quick Purchase we feel there are a variety of advantages of using our chain break scheme. Our advice is free, priceless and there are no obligations. A member of staff is standing by to take your call. 

Also see:

Fast property sale 
Sell house quick

Contact us or apply online for a quick sale today.