Many 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.
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Chain-breaking refers to the chain of transactions that the sale of your property depends on. Statistics show that as much as a third of all property sales are unsuccessful as a direct result of chain-breaking.
Experts hold that there are at least 3 transactions – or links in the so-called property chain – that are integral to a successful property sale. If one of these transactions is unsuccessful, or if a link in the chain breaks, the entire sale falls through and the seller is left back at square one.
Essentially, chain-breaking causes complications, stress and delay.
Traditionally speaking, home sellers are forced to address their chain-breaking complications in one of three ways. The first, and most extreme, is to abandon any remaining hopes of securing their dream property, despite the money and time they have already invested. In the second instance, the seller risks mounting debt by opting for a bridging loan or supporting mortgage in the hope that their chain-breaking issues will be resolved. Finally, sellers accept impediments like delay and hope for tolerance from the homeowner that they want to buy from.
None of the above-mentioned strategies offer much in terms of security or peace of mind. In fact, the seller is left with doubt, risk and not much else. The disadvantages of broken property sales chains – not to mention the frustration of restarting the selling process from scratch – include having to pay a range of costs such as surveying, mortgage and solicitors’ fees, amongst others. But do not despair; MPG Investments has the solution for you.
Thanks to MPG Investments, you can avoid chain-breaking and the risks that go along with it.
We are positioned to purchase your property within 7 days. Equipped with financial security, you can cast all your chain-breaking concerns aside and purchase the property of your dreams at a time that suits you.
Avoid the financial risk of bridging loans and supporting mortgages, and prevent the situation of paying insurance and maintenance costs for two different properties. Furthermore, with MPG Investments you do not have to conform to anyone’s timescale but your own.
Choose efficiency, security and peace of mind – contact MPG Investments today, and let us tailor the perfect property selling solution for you!
- Don’t let chain breakers destroy your home sale
- Don’t let chain breakers destroy your home sale
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