Protecting a Property Sale is a lot easier if you take control of the process.
Each year in the UK, 1 in 3 property sales fall through, with home movers losing an average of over £3,000 when a sale collapses. This adds up to 300,000 failed transactions annually, causing stress and significant financial loss for both buyers and sellers.
We offer a solution to this problem by ensuring all parties are committed to the process as early as possible.
Other solutions include a Reservation Agreement before removing a property from the market.
Once your sale is agreed, the property agreement is effectively protecting you from the risks of gazumping or gazundering.
With our approach you have a number of ways to proceed, either the buyer pays a small reservation fee to create a binding financial commitment between both parties. This gives you confidence, knowing your property is securely reserved within an agreed timescale.
The alternative and more professional solution is to use a third party such as Gazeal, the link is at the bottom of this article.
Our service ensures that neither party can simply walk away or attempt to renegotiate the price after an offer has been accepted. If either party withdraws and breaks the agreement, the innocent party is entitled to compensation, which is protected. This level of protection reduces the risk of your sale falling through, offering both security and peace of mind throughout the process.
The first Company in the UK to take control of this is Gazeal who have done a remarkable job for both Vendors and Buyers.