CHAIN MENDER®

What is CHAIN MENDER®?

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  • CHAIN MENDER® is a 3 week chain-mending solution.
    See: What are Chains
  • IMPORTANT POINT: Give your Estate Agents time to sell and use CHAIN MENDER® only when you have to be a Fast Mover and your solicitors can’t delay exchanging contracts on your next home.
  • We do not buy your house which you never have to sell for less than Market Value.
    See: Benefits
  • You will be a Fast Mover because you can take our finance (Provisional Price™) on 3 days notice.
  • IMPORTANT POINT: If you take the Provisional Price™ and the Sale Price of your house is more than Valuation you will receive 95% of the difference between Sale Price and Valuation (95% Profit Share)
  • The Provisional Price™ is:
    • Open-bridge (no fixed repayment date unlike a mortgage and bridging finance which obliges you to re-pay by a specific date)
    • Non-recourse (you have no legal commitment to repay our finance)
    • Non-status (we are not interested in your financial circumstances)
    • Interest-free

ANY LOAN WILL BE SECURED BY A CHARGE OVER THE PROPERTY YOU ARE SELLING. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.