What CHAIN FREE® (available through the Home Owners Plan™ ) can do for you:
Selling, gives you a safety-net of our finance (Fall Back Price®) for 20 weeks (extendable to 40 weeks) while you are trying to sell your house for your Asking Price.
Buying, enables you to say you are a Cash Buyerso you can negotiate the best price for the property you want to buy.
IMPORTANT POINT:
You choose a firm of High Street Estate Agents to sell your house (we do not recommend or promote any firm).
Progress at the speed recommended by your Estate Agents (give them enough time to test the market before you decide to join the Plan).
Let your Estate Agents set the pace (too early in their selling process may be counterproductive and too late risks losing the house you want to buy).
When you join the Plan:
You can say you are a Cash Buyer to quickly secure your next property for the best price (you know if you can’t wait to sell your house for your Asking Price you can take the Fall Back Price® on 5 days notice) with 20 weeks for your own Estate Agents to sell your house for your Asking Price
You can use CHAIN FREE® to buy at a discount with no legal commitment to take the Fall Back Price® or to sell your house
You never have to sell your house for less than Market Value (we do not buy your house)
You avoid abortive costs
You have time to find the right mortgage
IMPORTANT POINT: Most home owners will use CHAIN FREE® to negotiate the best price for their next house and will not need to take the Fall Back Price® (because their own Estate Agents will have sold their old house for their Asking Price)
