Chains Property Advice from Levene Estate Agents and Chartered Surveyors, your London, Surrey and Middlesex Property Specialists.
Levene Chartered Surveyors Property Tips and Advice
Property Chains
As you're selling your house and buying another, the people you're buying from are doing the same and the people they're buying from are also moving on.
All are dependent on someone else selling their house so they can move. If there's just one hiccup in the ladder, the whole thing can grind to a halt.
Most properties are sold as links in a chain but, unfortunately, one in three property chains fall apart. This can happen for numerous reasons, from one party not having their finances in order, to an unpleasant surprise in the survey.
Under present British house-buying and selling practice, little can be done to alter the process, although the Government is trying to address this as much as they can and is reasonable.
The best way to ensure a chain progresses smoothly is through good communication. Stay in regular contact with your solicitor and estate agent to make sure everything possible is being done to speed things along.
It can also help to stay flexible. Be prepared to move in with your family or rent as a short-term measure if it means you can keep the chain going.
We are happy to help you keep the chain together as much as we can as we hate being let down too. Please give our friendly staff a call on 0208 977 6886 or use our contact page to keep in touch.