Feefo -/5 • - reviews (last 12 months)
0208 787 5860 info@openpropertygroup.com
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Cash offer

We will step in and purchase your property if your buyer pulls out

Our quick, reliable property buying service rescues aborted sales and keeps chains intact.

We are speaking to an increasing number of customers who have lost a buyer. For many, the withdrawal can come just before exchange, jeopardising the seller’s onward purchase and putting the rest of the chain under immense pressure.

Open Property Group saves chains that are on the brink of collapse, with our professional purchasing team ready to become your buyer using a fully-funded cash offer - no waiting for a mortgage and no chain behind us.

1 in 3 property sales fall through, avoid this happening to you

If you have been left high and dry by a buyer, speak to us. We will make you a quick offer, with exchange and completion within seven working days for when speed really matters.

We buy property fast

There are many different reasons why a buyer withdraws from a purchase. These include:

  • Failure to secure a mortgage
  • Financially overcommitting against a backdrop of rising living costs
  • Finding another property that’s more suitable
  • An unsuccessful negotiation period after a survey report
  • A change of heart or unforeseen circumstances
  • Lengthy delays due to a long, complicated chain
  • Chain below them collapsing

Avoid becoming a ‘fall through’ statistic

A property deal that’s labelled a ‘fall through’ is one where the buyer has aborted the transaction, leaving the seller without a purchaser. Worryingly, the UK’s fall through rate is on the rise, up 18.4% in the last three years. In fact, between 1st January and 17th March 2022, almost 54,000 deals failed to make it to completion – that’s a sale collapsing every two minutes. There are ways to reduce the risk of your sale becoming another fall through statistic, which we explain here.

What to do if your buyer pulls out

Sadly, there is no way of knowing whether your buyer will proceed smoothly to exchange or back out before the sale is legally binding. If you find yourself in the unfortunate situation of losing a purchaser, there is no need to panic.

There are actually five options open to sellers whose buyer has walked away from the purchase. While we explain each one in detail here, we know you’re probably interested in the fastest, most secure solution.

Open Property Group offers a rescue service that provides you with a guaranteed buyer and also breaks the chain – all secured within a matter of hours. Here’s how our professional property buying service offers the quickest way to save your sale.

  • We replace the buyer who has withdrawn
  • We make offers with no chain behind us, so you don’t lose any more time
  • We’ll make you a cash offer within 48 hours of contacting us
  • We won’t withdraw from the purchase, for vital peace-of-mind
  • We’ll work with the other agents and solicitors in the chain to provide reassurance
  • We will be ready to exchange and complete within 7 working days – no delays

Contact us to sell your property fast

Get in touch with us today and we can give you a prompt, no obligation cash offer within 48 hours.

Get your cash offer today

We buy property directly and you won't pay any agent's fees.

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Save your sale FAQ's

How quickly can you become my buyer?

Once you have contacted us, we will provide you with a cash offer within 48 hours. If agreeable, we can exchange and complete within seven working days – a much faster timeframe than re-listing your home with an estate agent and finding a new open market buyer. You can set the completion date to suit you.

Click here to get an instant cash offer on your property.

Are there any tell-tale signs that my buyer will withdraw?

Sellers are reliant on their estate agent qualifying potential buyers and only putting forward offers from people who are genuinely able to proceed. While chain and finance checks will help, they only form part of the picture. We recommend you press for answers if your buyer repeatedly reduces their offer, becomes unresponsive to contact from your solicitor or fails to give you a mortgage update.

Click here to get an instant cash offer on your property.

If I lose my buyer, do I have to put my home back on the market?

While relisting your property for sale is an option, it’s not obligatory. There are other ways to find a buyer and if it’s something you need to do quickly, you may like to consider selling directly to a cash buyer or using a property auction.

Click here to get an instant cash offer on your property.

Can I get financial compensation from a buyer who withdraws from a sale?

That depends on how far along you were in the conveyancing process. A buyer can walk away from a sale without any consequences if they do so before the exchange of contracts. If the buyer walks away after exchange – when the sale is legally binding – a seller can sue a buyer to reclaim any losses made.

Click here to get an instant cash offer on your property.

Is there an insurance product that protects me from an abortive sale?

There is something called Residential Abortive Transaction Insurance (RATI) – also known as home buyers protection insurance. It hasn't got the greatest reputation in terms of cover and even solicitors don’t generally recommend RATI as the policies are very particular regarding what they pay out for.

Click here to get an instant cash offer on your property.



Get a FREE cash offer

Confirm the property address please
Please search for the address of the property you wish to sell, not your home address Got it


Get your cash offer today

We buy property directly and you won't pay any agent's fees.

Confirm the property address please
Please search for the address of the property you wish to sell, not your home address Got it

Some of our achievements are

properties bought and sold by our directors
average review score on the review website Feefo
or less is the timescale your property can be sold within if you wish
properties bought and sold by our directors
average review score on the review website Feefo
or less is the timescale your property can be sold within if you wish