Property chains: we have all heard about them. We have heard our friends talk about the problems, or the benefits of there not being a chain in place. In today's property market however, they are hard to avoid with so many buyers and sellers out there.
You will find that many property transactions are reliant on movements from 3 or 4 other parties in order for any given property purchase to be completed effectively. So that quick house sale you were after may start to look a little more unlikely when you find out that, for the average seller, it can take 12 months to complete the process. In practice one in three of these chains will collapse according to industry statistics, so your chances of success seem even more limited.
However, before you start to consider all these factors, are you sure you can join a chain in the first place? At MPG we are experts in property purchasing and know all too well that there are two key issues you need to address to effectively manage the chain process.
MPG gives property buyers the first part of this service by delivering a guaranteed cash offer for their current home. Once this is done you will be able to meet demands of all other parties within the chain thus ensuring that from the outset you are effectively managing the process rather than being led by it.
When you have accepted the MPG offer for your home, you are then faced with two flexible solutions, either: Delay the completion of your property sale to a date that suits you and others in the chain; or use our Sale and Rent back option in order to complete and remain in your home as a tenant.
So that is the first part taken care of to get you on to the property chain process in the first place. Now you need to effectively manage the chain in order to guarantee each step continues as planned.
All it takes is one link to fail then the process falters. MPG has created a great solution to this called our 'Chain-Break' service. Once we have put you firmly onto the property chain with our quick house sale service we can then purchase any link in a property chain that would otherwise cause all the transactions to fail.
By spreading costs involved in this throughout the chain you get an effective solution that is readily affordable when you consider the sunk costs all parties have in place (solicitor's fees, surveys, mortgage fees etc.)
This service is completely tailored to your requirements and we will do all the hard work for you. An MPG quick house sale puts you on the chain and then we manage the process through to ensure a great result for all parties involved.
To see how MPG Investments can help you contact us today on
020 8732 3555 for more information.
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