Keeping Things Moving When You're in a Property Chain
Buying or selling a home can be stressful, especially if you're part of a property chain. A chain happens when several buyers and sellers are linked together, each relying on the others to complete their move.
At one end, there's usually a first-time buyer who doesn’t need to sell. At the other, there may be someone selling an empty property or a new build. Chains can be short or long, but no matter the size, there are steps you can take to help keep things moving.
Stay in Regular Contact
Clear and frequent communication makes a big difference. If there’s a delay, speak with your estate agent or solicitor to find out what’s causing it. If appropriate, you might be able to speak with the party responsible for the delay. Be polite and constructive, not demanding. Ask for clear timelines and follow up regularly.
Stay Organised
Try not to be the one holding things up. Life gets busy, but delays can often be avoided by staying on top of your responsibilities. Check emails, return calls, sign documents promptly, and make sure you complete everything that’s asked of you. Setting aside a little time each day to stay updated can make all the difference.
Get Prepared Early
Get your mortgage offer in place as soon as you can. Lenders are thorough and the process can take longer than expected. Be ready to provide paperwork such as bank statements, loan details, and proof of income. If possible, try to reduce your existing debts in advance to make the process smoother.
Keep Talking
Communication is key throughout the process. Your agent and solicitor should be available to answer your questions and give updates. Many will work flexible hours or offer email, text, or even an online portal to track progress. Use these tools to stay informed and involved.
Final Tip
Property chains can be unpredictable, but staying proactive, prepared and in regular contact with all parties involved will give your move the best chance of going smoothly. A calm and flexible approach helps keep things on track and reduces stress for everyone involved.