Our unique iBuying service can help mend broken chains, as well as provide instant offers on those hard to sell listings.
Estate agents know better than anyone that as many as one-in-four property transactions will fall-through before reaching an exchange of contracts. And while technology exists to support sales funnels in almost every other industry, few solutions are available for the property market. UPSTIX, founded with estate agents in mind, aims to reduce fall-through rates and speed up house sales - even when faced with chain breaks!
UPSTIX works with estate agents to address two major hurdles - broken chains and selling listings at speed. We’re able to not only provide instant offers on those stubborn listings, but we can help keep transactions on track by buying properties that are causing a property chain to fall through. This means there are plenty of benefits to bringing UPSTIX onboard!
We fix chains by purchasing the affected properties at a percentage discount. Our service will then spread the deficit across the chain, enabling all properties to sell at market value and allowing the chain to complete.
If you have a property lingering on the market, UPSTIX can step in and make a offer there and then. We have £250 million of buying power and all the homeowner will need to cover is the conveyancing fees.
Once we purchase a property, we guarantee to pass the instruction back when we’re ready to sell the property again. This means agents not only retain their fee with UPSTIX, they’ll also have the opportunity to earn that fee again.
If you are behind on your mortgage, your mortgage lender is able to sell your house in order to recoup the money that you owe.
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