Buyer dropped out? Facing losing your purchase? Chain break bridging puts funds in place so you complete on time — while the chain catches up. Decisions in 24 hours. Check your options in 60 seconds, no credit impact.
A property chain collapse is one of the most stressful situations in residential property. You have found your next home, agreed a sale price, and been working towards a completion date — then your buyer pulls out, is unable to proceed, or loses their mortgage offer. Without the proceeds from your sale you cannot complete your purchase, and your seller may not wait.
Chain break bridging finance provides the funds to complete your onward purchase independently of your sale. The bridge is secured against your existing property — the one you are selling — and is repaid when that property eventually sells. This means you can complete your onward purchase, move in, and then wait to sell your existing property in your own time and at the right price, rather than under pressure.
Chain break bridging is one of the fastest growing uses of bridging finance in the UK. The residential property market depends heavily on chains, and chain collapses are common — bridging is increasingly the go-to solution for buyers and their solicitors when chains break down.
Terms in 24 hours. No obligation. No upfront fee.
Speed is critical in a chain break situation. OpenWay Finance treats chain break enquiries as urgent and can issue indicative terms within hours. With all documentation in place, completion can be achieved within 5 to 7 working days — fast enough to prevent losing most onward purchases.
We work alongside your solicitor and communicate with all parties to keep the process moving. Our lending panel includes lenders with strong track records of completing to tight deadlines in chain break situations.
24 hours. No obligation. No credit check.