Unfortunately industry statistics suggest that, in practice, one in three property chains collapse.
In the past when you were part of a collapsing property chain you had three options:
- Wave goodbye to the property you had set your heart upon, having spent considerable time and money in the process.
- Risk further money by taking out a bridging loan in the hope the property chain will resurrect itself.
- Accept the delay and hope your vendor will be patient with you, even though you may not be directly causing the problem.
Many more people struggle to even join a property chain due to difficulties in achieving a fast house sale that suits the timescales of the others involved. Quick Move Properties have developed a Chain Break service giving you another option to save the property chain and move into the home you want, when you want! In short, Quick Move Properties will purchase the broken or missing link upon which a property sale is faltering.
What Are The Main Benefits?
- Secures the purchase of the onward property
- Quick Move Properties can Exchange and Complete quickly and to your timescales
- Avoid the worries and costs of bridging loans or supporting mortgage, maintenance and insurance costs at two properties
- No longer reliant upon on-going property chains, fall throughs and delays
- Provides certainty of moving house, assured budgets and general peace of mind
The Process
- To make an offer Quick Move Properties get 3 agents to visit your property to carry out an appraisal
- We will endeavour to get an offer to you within 48 hours of receipt of the agents reports
Whilst there is obviously a cost involved; due to Quick Move Properties buying at a discount to the expected sale price, it can normally be spread across the other properties in the property chain. This makes it more readily affordable especially when compared with the inherent sunk costs in any broken property chain (surveys, solicitors, mortgage fees etc), and the emotional pressures of losing a property and having to repeat the selling process.
We pride ourselves on being innovative and flexible to solve your specific problems and meet the needs of your particular circumstances. So if you think Quick Move Properties could help you with your house sale please fill out our contact form! Alternatively get your Estate Agent or Solicitor to contact Quick Move Properties with details of the property chain!
