Menu
Feefo

581 reviews

Read all reviews
0800 028 2800

Call us from your mobile

Feefo

Our lines are open 24 hours a day 7 days a week

 

Please note calls may be recorded for legitimate purposes.

Call us free on

0800 028 2800

Our lines are open 24 hours a day 7 days a week

 

Please note calls may be recorded for legitimate purposes.

< Back to all news
25.07.2018

How much is being chain-free worth?

Many of our customers come to us to buy their homes quickly so that they can be in a chain-free position when negotiating for their dream property. So just how much is being a chain-free buyer actually worth?

 

According to a recent poll by Clearscore, 74% of all sellers would definitely accept or consider accepting an offer 5% below asking price if the buyer was in a strong, chain-free position to proceed. This proportion increases to 88% amongst sellers of properties worth over £500,000.

 

So what does this mean in monetary terms? Well, this of course depends on where you live in the country and the value of the property you are offering on. We’ve done the calculations for you so that you can get an idea of just how much being chain-free could save you on your next property:

 

Region Average Price (May 2018) Calculated Potential Chain-Free Saving (5%)
East Midlands £190,261 £9,513
East of England £288,808 £14,440
London £478,853 £23,943
North East £128,680 £6,434
North West £157,531 £7,877
South East £322,096 £16,105
South West £251,877 £12,594
West Midlands £192,322 £9,616
Yorkshire and the Humber £158,966 £7,948
UK-WIDE £243,583 £12,179


Given that it was
recently reported that the number of property sales falling through in the UK has reached a 10-year high, those that are in a chain-free position have more negotiating power than ever.

It is for exactly this reason that many of our customers choose to sell their house fast with us - as not only can they can be 100% sure that their home will sell for cash, but they can also be in a chain-free position to buy their dream home (often at a saving thanks to their excellent negotiating position!).

 

If you think we can help you sell your home quickly, then get in touch with our friendly team today who can talk you through the process.

More news

16.01.2019

Selling your home can be a daunting task, especially when you’re doing it for the first time, or for the first time in a long time. There is very little room for error and mistakes big or small can easily be made without you being immediately aware of them. In this post, we cover the most common mistakes made when selling a property and how you can avoid making them yourself.

19.12.2018

At House Buyer Bureau, we understand that it isn’t easy to find the perfect location to move to - particularly with houses becoming less and less affordable for most of us. So if you’re planning on downsizing, getting some cash out of your property by moving somewhere more affordable or even simply moving to a more affordable area nearby, we’ve taken care of some research to help you make a decision.

29.11.2018

If you’re moving abroad, then chances are you are trying to sell your house as quickly as you can so that you can start getting organised for the big move.

 

Live Chat

Live Chat

Is currently offline

Let’s have a real chat instead, please leave your number and we’ll call you back.  We promise we won’t hassle you, if we’re not the right route for you, we won’t call you again.

Thanks, someone will be in touch soon.

Before You Go