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Key categories

Key Categories

Broken Chain / Mortgage Turned Down

An estimated 70% of the house sale arrangements are deemed to have a chain. Broken chains and turned down mortgages are the cause of 75% of non-completion in house sale directly or indirectly. This figure is rising as buyers are becoming increasingly nervous of the downturn of UK property market and do not want to buy without selling their house first.

Broken Chain - If one of the buyers of the properties involved in the chain pulls out of the sale, the whole chain quickly comes down, meaning the sales process is back to square one. Chain-breaking causes complications, delays and further costs.

It is very unpredictable selling your home when you are part of the chain, our cleints come to us when they have to proceed with the purchase of their dream house when sale of their current property fails.

If you are in a chain that has just fallen through, traditionally there are not many possible actions for you to take. If you have to secure the house that you set your heart on you have to move quickly by breaking from the chain. Selling your house to QucikSale4Houses.co.uk means you can break free of the chain.

Failure to secure a mortgage or finance
- Unfortinately, it is not until after a deal has been agreed that many purchasers realise the true costs of buying your property. Mortgage arrangement fees have almost doubled in the last 2 years and stamp duty tax has become a burden for an ever-growing number of transactions.

Many banks and building societies change their lending criteria constantly in the current climate and hance those who are waiting for the mortgage approvals based on "Decision in Principle" are turned down of their mortgages.

At QuickSale4 Houses.co.uk we meet clients who seek help to sell their house, as the buyers of their property have either lost the confidence to buy or have been unable to get a mortgage, therefore pulling out of the transaction. Our tailer made solutions to such clients help then to sell their house quickly and progress with their plan.