CHAIN FREE®

Benefits

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  • With CHAIN FREE® (available for 20 weeks through the Home Owners Plan™):
    • You can use CHAIN FREE® to quickly secure your next house without selling or taking our finance
    • You have the safety-net of 90% DataSource Valuation (Fall Back Price®) when house prices are flat and can buy against competition when prices are rising – easier to sell than buy
    • You have protection against unreliable buyers – delaying / not proceeding
    • You have protection against Guzundering – buyers reducing offer just before exchange
    • You have time to find the right mortgage or home finance and any additional finance required or to port some of your existing mortgage
    • IMPORTANT POINT: You are not legally committed to sell your home or to take the Fall Back Price® until your solicitors send our Legal Department a Drawdown Notice
    • You never have to sell for less than market value (we do not buy your house)
    • Your Agent can continue to sell your house for your asking price
    • You have VAL FREE® for your buyer
  • The Plan:
    • Is not a quick sell scheme
      – quick sell schemes only attract desperate sellers
    • Does not buy houses fast for cash at a knockdown price
      – fast for cash schemes commit you to sell for less than market value
    • Does not buy your house
    • IMPORTANT POINT: Protects you with Our Offer of Finance (Fall Back Price®)
  • Only one in two UK homes listed end up exchanging. See: How it Works