Back to Blog Posts

The average person generally considers buying a new home to be an achievement – but it rarely feels this way when you find yourself stuck in a housing chain. Instead, you can feel like you’re being punished for wanting to move into a new property. The anguish, unfortunately, is hard to avoid when you choose to sell your home by putting it on the market. It all stems from the fact that you must wait for your buyer to make good on their end of the bargain before you can do the same on yours. Here are three ways that it’s unpleasant to be stuck in a housing chain.

Chain

Undesirability

Your money is just as good as any other buyer. However, it doesn’t always feel like that when you’re bidding on a house alongside someone who isn’t in a chain. Their offer will typically be more desirable than your own – even if it’s slightly less money. Due to this, it’s more likely that you could lose your dream home if you’re in a chain.

Delays

A typical housing chain will often include many different homeowners. Due to this, the speed that you can complete on the contracts is largely out of your hands. You can encounter constant delays and be pushed back even when you’ve completed your side of the paperwork on time and as agreed.

Stress

Putting your home on the market could easily become one the most stressful things you ever do in your life. You first need to entice buyers, then accept an offer – and the pressure doesn’t end there! From that point onwards you’ll be dealing with constant doubt about whether the chain will break before you’re able to move into your new house. If it does collapse, you’ll more than likely find yourself back at square one. The chances of you being able to sell property fast while in a chain are very slim.

Avoid the anguish!

Thankfully there is a way that you can completely avoid being part of a housing chain. If you sell your house fast, you will then get cash for your property, which will make you an extremely attractive buyer when bidding on your next home. To get the ball rolling with this, get in touch with National Property Trade.

Chain by Eduard Blacquière licensed under Creative commons 6

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

National Property Trade is rated 4.91 stars by Reviews.co.uk based on 248 merchant reviews

4.91 / 5 Rating
248 Reviews
Over the moon with NPT and especially Sam. Great work from a fantastic company. We would have no hesitation recommending NPT.
Excellent service received from Danny and we have no hesitation in recommending National Property Trade
Thank you to Oliver and Daniel for being very professional throughout the sale of our property.