- On March 10, 2017
Mortgage rates are at an all-time low – and as a result the property market is booming around the country. However, the desire to obtain a new home is especially strong in Greater Manchester. The popular suburbs of Droylsden and Middleton are among the most in-demand areas in the region. In fact, houses in these places can spend less than a day for sale before bids – many of which are above the asking price – are made. Unfortunately, this means that many vendors can find themselves in the process of making a hefty profit on their home when the chain unexpectedly collapses. According to Love Money, as many as one in three chains now break before the sale goes ahead. Luckily, there is a solution for anyone who has their dream home pulled from under them – and this solution is storage. Here’s how such units can help:
Your sale can still go through
If the chain collapses above you, you can still allow your sale to go through. In the meantime, you can bank the extra money and keep your belongings in self-storage units located in Middleton and Manchester city centre. Once in this position, you could arrange temporary accommodation while knowing your belongings are safe.
You become a chain-free buyer
You’ll become a much more desirable buyer when you’re no longer locked in a chain. It will certainly put you in a lucrative position for vendors looking for a quick sale as you won’t have to sell your property first.
You won’t have to unpack
If the chain falls through at the last minute, there’s a chance that you will have started to pack up your belongings. This effort doesn’t have to go to waste if you put the items into self-storage. Instead of having to unpack your stuff again, your possessions will remain ready to move when you can finalise the contract on a new home.
The bright side
It can be a huge blow when the housing chain breaks unexpectedly. But you can turn a negative into a positive by relying on Storage World self-storage units. These will ensure that you’re still ready to move house at the drop of a hat if necessary.