Can a Reservation Agreement Prevent Fall-Throughs?

This episode explores whether a reservation agreement can make a home sale more secure. Chris Ellis of Harrisons Homes, serving Sittingbourne, Sheerness and Faversham across Swale, explains how an agreement can create an earlier written commitment between buyer and seller, and why the exact terms matter. Drawing on more than two decades in property, Chris describes how he assesses a buyer’s position, why the highest offer may not be the safest choice, and what can happen when a sale breaks down close to exchange. He also shares the questions sellers should ask before signing: what each party agrees to, what fees or financial consequences might apply, and how the document treats situations such as a mortgage issue, survey result or broken chain. A reservation agreement may help clarify commitment, but it cannot guarantee a sale will complete. This conversation offers practical context for anyone considering a move in Swale or comparing offers. Learn more about Leading Estate Agents of the World: https://theleaw.com