If your buyer has pulled out, a direct cash buyer can replace them because there is no mortgage, no onward chain and no property of their own to sell. Contact us as early as possible so we can assess the property and give you a cash offer while your onward purchase is still available.
Why chains collapse
In an estate agent sale, an agreed sale can still fall through at any point until exchange of contracts. Common reasons include a buyer's mortgage being declined, a survey revealing problems, a sale further down the chain failing, or a buyer simply changing their mind.
How we can step in
- We buy with our own funds, so there is no lender or mortgage valuation to wait for.
- We are not selling a property ourselves, so we do not add a new link to your chain.
- Your existing solicitor can usually carry on, using the work already done.
- We will be honest about whether our offer works for your onward purchase.
What to do now
- Tell your onward seller and their agent what has happened and ask how long they can wait.
- Ask your solicitor which searches and documents are already in hand.
- Send us your property details so we can give you a figure quickly.