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Common reasons why property chains break

Property Chains Breaking

When it comes to selling property, property chains are one of the biggest headaches you can face. According to research, up to one in three intended property purchases falls through, leaving buyers and sellers with no choice but to start the process again.

There are numerous reasons why property chains can break – they’re especially susceptible where chains are long and complicated with many links on the way – and it’s hard to deal with the fact that someone you don’t even know dropping out of their sale or purchase could result in you losing money, time and effort with your property plans. We’ve put together the lowdown on some of the common reasons for property chains to collapse, plus some ideas on how to avoid the dreaded property chains in the first place.

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Top five reasons to sell your house for cash

Sell your house for Cash: £5 pound note and coins

There are plenty of reasons why it’s beneficial to sell your house for cash. If you’re still sitting on the fence and unsure about taking this property selling route, here’s a guide to the top five reasons why selling for cash is a good move, both for your bank balance and your peace of mind.

 1. Selling your house for cash is quick and speedy

Compared to going down the traditional route of listing your property with an estate agent, having it marketed to potential buyers, having multiple views and then, hopefully, accepting offers on it, selling your house for cash is a far speedier option. Amazingly, you could even be exchanging contracts within as little as 24 hours!

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Is a property part exchange a good option for you?

Property Part Exchange? YES or NO

If you’re looking to sell a property, then have you considered a property part exchange? It’s a useful option if you’re looking to sell quickly and takes some of the stress and hassle out of home selling. Here’s the lowdown on the advantages of opting for part exchange.

Part exchange often gets overlooked by property sellers, but there are certain circumstances where it’s definitely worth putting it on your radar. A property part exchange comes into its own particularly when you’re looking to sell your existing home and buy a new property and don’t want to hang around for ages waiting for the perfect buyer, only to then miss out on the house of your dreams.

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Buy to let landlords: top tips for buying, letting and selling

Buy to let using scrabble letters

Property TV shows and magazine articles often portray the life of buy to let landlords as a dream come true – running your own business, doing up properties and letting them for a high rental yield. But whilst sometimes this can certainly be the case, it’s by no means a given and is usually obtained as the result of a lot of hard work and dedication. If you’re currently a buy to let landlord, or are thinking of becoming one, then we’ve put together some of our top tips to help you survive – and hopefully, thrive – in the property investment business.

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Beware Property Cash Buying Companies: tips and advice

Beware Property Cash Buying Companies

Introduction to Property Cash Buying Companies

Property cash buying companies have been around for a little over ten years.  It is still a relatively new industry and it remains unregulated.  As with most industries there is a mixed bag of participants ranging from the genuine professional companies to the rogue operators.  A genuine property cash purchasing company will provide a guaranteed property purchase within mutually agreed timescales.  The purchase should be hassle free, stress free and minimise inconvenience to the vendor.  The agreed timescales may vary from just a few days to several months depending on the vendors requirements.

Whilst all companies market a “cash purchasing service” not all of  them actually deliver the service they claim to be providing.   Some will lock you into agreements to prevent you from selling your property elsewhere whilst offering no guarantee that they will buy your property.  These agreements are usually called option agreements.  It is important to stress that there is nothing wrong or illegal with an option agreement.  They can provide a very workable solution for all parties.  They are used across many different industries and are a recognised contract agreement.  However, as with any legal agreement the devil is in the detail as to whether it will work for you!

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A Look at the Steps Involved with a Probate Property Sale

Probate Property Sale - Molae Properties - Picture of London Flats

There can be many reasons why you may want to sell a probate property. Perhaps it was recently inherited and you have no use for a second home. Or, you might need a probate property sale in order to share the proceeds around a number of family members. Either way, a probate property sale, like many other property proceedings, can be a bit confusing if it is not approached in the correct manner. What initial steps need to be taken? What documents will you need to have ready? How can you form a checklist to make sure that you are prepared well in advance? Let’s address all of these questions in more detail so that you can start off on the right foot.

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Selling Rental Property in London During 2017: Top Tips and Tricks

Selling Rental Property in London - Molae Properties - image of houses on residential street in London

Since Brexit, the state of the London property market has been a concern for both property buyers and sellers alike. There are still a number of risks for anyone who may be considering selling a rental property during the coming year. We will first take a look at some of the predictions that experts are making in regards to housing prices. Then, we will offer a few very targeted suggestions that will help you obtain the best value for your efforts. With a bit of forethought and knowledge, you can be confident that you’ll be able to make the most informed decisions when they matter the most.

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Latest testimonial

The sale of my property was well managed with regular communication and advice and support provided throughout the process.  The company also provided legal support through one of their panel solicitors which was professional friendly and reassuring during what was a complex sale.  They are trustworthy and reliable and I would recommend this company to anyone looking to sell their property.  Thank you for making this a much easier process.
R. Mangal, Leyton, London, E10