Buying and selling in a chain

There are a number of implications if you are intending to tie in your sale and your purchase – especially if you intend to move out of your existing property and into your new property on the same day. Brethertons can advise you on the risks involved and help to ease the process.

We have summarised below the implications and considerations. This is also available in our Buying and Selling in a Chain factsheet for you to download at your convenience.

  • Setting the Completion Date:  Exchange of Contracts, Communication and Delay
  • Breaking the Chain
  • Bridging Loans
  • Completion Day
  • Penalties for Late Completion
  • Failure to complete at all
  • Is it worth the risk?

Commercial Law Conveyancing Partner Mike Dibben

Michael Dibben
Partner and Head of Conveyancing
Tel: (01295) 270 056
Fax: (01295) 277 648
Email: michaeldibben@brethertons.co.uk

 



"We are most grateful to you for the friendly approach and thoroughly professional manner...The tenacity, tact, patience and general handling of the process, was in sharp contrast to the performance of the vendor’s solicitors. Thank you."