Many property transactions involve chains. This is a situation where one or more peoples sales or purchases are linked with other peoples transactions. Each of these links in the chain are dependent on each other.
Chains can be very frustrating to buyers, sellers and agents alike. However, I am afraid they are a necessary evil.
At Aldreds we are focused on giving our clients accurate chain information at offer stage. We will generally check the situation with the chain of the people offering on one of our houses before we discuss the offer with our client in detail. We also monitor, chase and update our clients on the chains progress throughout the sale by keeping in touch with solicitors and estate agents involved.
This proactive approach helps to discover problems and potential problems early and helps prevent fall throughs. Also if there is a problem in the chain that may cause the sale to collapse we can advice our clients as early as possible so they can make a decision regarding remarketing.