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What does 'Vacant Possession' mean?

Vacant Possession

This is often confused with chain free properties. Just because a property is empty it does not necessarily follow that it is being offered chain free so always double check.

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How to Really Buy a Property

Chapter 14: Viewing Properties and Making Offers
"... you should have to hand; Why agents ask questions that could cause you offence; The terminology used by agents; The difference between Chain Free and vacant possession; Why you can't get a mortgage on some properties; The characteristics of a leasehold property; What lease lengths..."
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"... when they speak to you, in other words they generally assume you know them. The most frequently used are: First Time Buyer Chain Free and vacant possession Tenanted Cash Purchasers Only Repossession Leasehold Share of Freehold Freehold - First Time Buyer - Originally this..."
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"... that are accepted by vendors from First Time Buyers. Such buyers are also sometimes referred to as chain free (see below) - Chain Free and vacant possession - The two terms are often mixed up but they can mean very different things: Chain Free Buyer: A buyer who does not need to sell..."
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"... it is that everything will happen successfully vacant possession: This is often confused with chain free properties. Just because a property is empty it does not necessarily follow that it is being offered chain free so always double check. - Tenanted - It is possible to buy a..."
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Vacant Possession
Author of How to Really Buy a Property

I'm Tim Hill, Author of How to Really Buy a Property. I'm a property buyer, seller, landlord, tenant and I've been an agent in hundreds of transactions. I own a property portfolio across Europe but that doesn't mean I think you should to!

This book is my collective knowledge and experience that I have gained working within the property market of England and Wales for over a decade. I've written it so that you can benefit from what I have learnt whether you are a first time buyer or a budding buy-to-let investor.

There are no gimmicks here and no get rich quick schemes - just practical no nonsense advice so you can buy the property you want at the best price with the least stress.

Download the Free Preview copy right now. I won't be asking for your email so I can bombard your inbox with 'special offers' and 'discounts' because I know most people who read the Free Preview buy the full copy. See for yourself!