Broken House Sale Chain ?
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Selling Your Property Fast After The Chain Breaks
1 in 3 house sales falls through. Make Sure yours is not one of them
When the chain breaks in a property sale, it can be a stressful and uncertain time for homeowners. Whether due to a buyer pulling out, a failed survey, or unforeseen circumstances, the need to sell quickly becomes paramount. In such situations, turning to a cash buying company can provide a reliable solution. These companies specialize in purchasing properties swiftly, often within a matter of weeks, without the complications of a traditional chain-dependent sale.
Selling your property fast to a cash buying company offers several advantages in these scenarios. Firstly, the speed of the transaction provides immediate relief, allowing homeowners to move on from the setback of a broken chain and avoid further delays or complications. Cash buyers can often complete the sale quickly, providing certainty and peace of mind in uncertain times. Additionally, selling to a cash buying company eliminates the need for repairs, renovations, or staging, as properties are purchased in their current condition, saving homeowners time, money, and hassle.
Moreover, selling to a cash buying company offers simplicity and convenience. The process is straightforward, with minimal paperwork and no need for negotiations or estate agent fees. Homeowners can bypass the complexities of the traditional sales process and avoid the uncertainties of finding a new buyer in a volatile market. By selling to a cash buying company, homeowners can regain control of their situation, secure a fast sale, and move forward with confidence.
What happens if a house chain breaks?
When a house chain breaks, it disrupts the interconnected series of property transactions dependent on each other's successful completion.
This situation often occurs when one buyer or seller withdraws from the chain, encounters financial difficulties, or fails to meet contractual obligations, causing a domino effect of delays and complications. The consequences can be significant for all parties involved, leading to uncertainty, stress, and potential financial losses.
For the seller whose chain breaks, the immediate impact is the delay or cancellation of their property sale. This can be frustrating and disruptive, especially if the seller is reliant on the proceeds of the sale to fund their next purchase or financial commitments. Furthermore, the uncertainty of when or if the chain will be re-established can create additional anxiety and uncertainty, particularly if the seller has made plans based on the expected sale timeline.
The chain-breaking can lead to a ripple effect throughout the property chain, affecting multiple buyers and sellers and causing widespread disruption and frustration. In such situations, its only natural for sellers to start exploring alternative options, such as selling to a cash buying company such as ourselves.
Sell Your House To A Cash House Buyer
Looking for a buy my house for cash service? SellTo are cash house buyers UK
Avoid broken house sale chains. For sellers thinking, can I sell my house for cash? Well.. Yes you can! We are Genuine cash buyers here at SellTo and we can help with a prompt property sale process to sell your house quickly.
Cash House Buyers are companies in the property sector that have funds to buy a house for cash and are able to buy a property outright without requiring a mortgage or selling another property first. The reason this is appealing for sellers is because its the mortgage companies that are one of the main causes of delays in any property sale process. A cash offer is more appealing to sellers because there are fewer hurdles and therefore the process is very quick.
At SellTo we know how difficult it is to sell a house quickly, which is why we have found a way for homeowners to speed up the process.
We know you have a lot of options for how to sell your house fast, but we believe our service is the most efficient service you’ll find out there.
Below we highlight why it can make sense to choose us over a traditional estate agent.
SELLTO
For you if speed of sale is important.
- SellTo will buy your home QUICK
- When you need a Fast and secure sale
- Quickly exchange and complete
- No mortgages or estate agents
- No legal fees or sales commission payable
- Hassle and stress-free
WHY CHOOSE SELLTO
You may simply be looking for a quick and secure sale in the least amount of time possible. You may also not wish to deal with estate agents, viewings, mortgages falling through and buyers messing them about. We offer both cash purchase and auction solution. Auctions have evolved considerably in recent years and people like you are now getting amazing results. Here at SellTo, we can get your property listed in days and we ensure all properties that we send to auction get the very best exposure. The beauty of the auction service is that once the hammer falls, the buyer is obliged to complete. Failure to do so results in heavy financial penalties (hence why buyers complete the sale quickly.) So if you are looking for a fast cash sale or quick auction sale, contact us today.
ESTATE AGENT
Could be for you if you want to sell slowly.
- Slow Sale: Averages are 120+ days
- Charge 1-3% of the sale price as commission
- Ongoing mortgage payments whilst you wait
- Ongoing council tax payments whilst you wait
- Costs for legal services
- Costs for property refurbishments
WHY CHOOSE ESTATE AGENT
Selling through traditional estate agents is the most common approach but is often the slowest option available. The entire process can take around six months from the moment the property is listed to completion. Of course, this does depend on the location and the condition of your property. Some estate agents may have great track records that can help get your property sold eventually, but the timeline is unlikely to suit you. Additionally, estate agents typically charge a percentage of the final sale price between 1-3% as their commission, which can equate to quite a substantial fee. But don’t forget to factor in the additional costs like solicitors or any refurbishments required to get the property sold. So not only is it a long process but quite costly too.
Our Service SAVES you in fees and costs
Compare a typical £100k house sale in this table.
Once you total up the costs of sale and time delays; the difference may not be as much as you would expect.
| Estate agent (6-9 months) | SellTo (7-28 days) | |
|---|---|---|
| Original advertised price | £100,000 | N/A |
| Agreed purchase price | £95,000 | £85,000 |
| Estate agent fees | -£2160 (average) | £0.00 |
| Ongoing mortgage payments | -£3000 (6 months average) | £0.00 |
| Solicitors & legal fees | -£700 (average) | £0.00 |
| Renovation, repairs & maintenance | -£1000 (typical) | £0.00 |
| Council tax | -£800 (average) | £0.00 |
| Net price achieved | £84,340 | £85,000 |
How our Cash house buying service works
FAST Cash Sale
Sell in 7-28 Days
BEST Prices Paid
No Estate Agents Fees
ZERO Legal Fees
ZERO Stress
Step 1
Get in Touch
Contact our professional house buying team to discuss your property to receive your offer.
Step 2
Receive your Offer
After an independent valuation, we will make you a free, no-obligation cash offer for your house.
Step 3
Completion Date
If you choose to accept our formal cash offer, you decide the date for sale completion that best suits your needs.
Step 4
Get Paid
On your chosen completion date, the house sale is legally completed and the money is transferred to you.
We will work FAST to find you the best solution - so you can sell your property quickly at the BEST possible price...
We offer 2 different options depending on your desired timescales and price expectations. This means we can easily identify and work towards your goals...
QUICK CASH SALE
For you if speed of sale is more important than price.
- SellTo will buy your home for CASH
- When you need an urgent and secure sale
- Quickly exchange and complete
- No mortgages or estate agents
- No legal fees or sales commission payable
- Hassle and stress-free
WHY CHOOSE CASH
We realise that many of our homeowner clients do not have the luxury of time when selling up. You may simply be looking for a quick and secure sale in the least amount of time possible. You may also not wish to deal with estate agents, viewings, mortgages falling through and buyers messing them about. Starting out as a traditional we buy any house company, SellTo now offer a much broader service. Our priority is to cater to the ever-evolving needs of our clients. Please contact us today so we can discuss how our sell house fast process works, get you a valuation and firm cash offer promptly.
PROPERTY AUCTION
For you if you want to sell quick without the need to discount.
- SellTo will sell your property Quickly
- 30 Day or 60 Day Unconditional Auctions
- The very best exposure and publicity
- Accompanied viewings and full service
- Strict vetting processes for bidders
- No legal fees or sales commission payable
WHY CHOOSE AUCTION
Selling at auction has evolved considerably in recent years and people like you are now getting amazing results. Here at SellTo, we can get your property listed in days and we ensure all properties that we send to auction get the very best exposure. We are available to deal with enquiries and show buyers around properties and we also fully vet the bidders to ensure they are in a genuine position to proceed with the sale. The beauty of the auction service is that once the hammer falls, the buyer is obliged to complete. Failure to do so results in heavy financial penalties (hence why buyers complete the sale quickly.)
Can I sell my house Quick?
Yes you can sell your property fast by using SellTo – the quick house buying service. Contact us by clicking here.