9 Crown Row, Bracknell, Berkshire, RG12 0TH
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Sales Manager - Bracknell
Callum followed his Dad into estate agency and has always had a passion for selling property. He started with work experience and went straight into the industry after leaving school, building on his experience in the local area over the past several years. Away from the office he enjoys watching and playing football with friends.
The thing I like best about my job is…
Having clients come back to me from a previous move and seeing the change in their lives, whether it be they’ve had a child and are now upsizing or the kids have flown the nest and they need to downsize.
Top of my bucket list is…
To go on a safari in South Africa.
My guilty pleasure is…
Escape rooms.
If I were a superhero, my superpower would be…
Mind reading.
When I was younger, I wanted to be…
James Bond.
The person I’d most like to go for a drink with is…
Harry Potter.
18 Jun 2024
You’ve found your perfect home. But what if there’s a break in your property chain and everything stalls? Here’s how to keep your purchase on track.
Understanding Property Chains: A property chain involves a series of linked transactions where each sale depends on the previous one. It typically starts with a first-time buyer and ends with someone selling their home. The chain must progress synchronously, meaning any delay or issue at one point can halt the entire process.
Challenges in a Property Chain:
Impact of Chains on First-Time Buyers: Even first-time buyers, who have no properties to sell, can be affected by delays or issues in the onward chain – the sequence of buyers and sellers that follows their transaction.
Avoiding a Property Chain:
Common Causes of Chain Breaks:
Steps to Keep a Property Chain Moving:
Keep Communicating!
Be Organised!
Think About the Bigger Picture
If someone in the chain is having to pull out due to a financial issue, it doesn’t mean the chain will collapse. Agents should work together to see if re-negotiations up and down the chain can be made to get things back on track. Just because it isn’t your fault, doesn’t mean it isn’t your problem!
Can Your Seller Break the Chain?
If your seller is stuck because they lost the home they wanted to buy, can they rent temporarily or stay with family? This allows your purchase to proceed and puts them in a stronger position for their next purchase.
Managing a property chain requires proactive communication, organisation, and often creative problem-solving. By staying on top of the process and being prepared for potential issues, you can minimise the risk of a chain collapse and successfully complete your home purchase.
For some friendly advice or find out the current value of your property, please do get in touch with our team today.
Ascot: 01344 874300
Bracknell: 01344 860121