Buying

Chain

Definition

A sequence of linked property transactions where each sale depends on the next. For example, your buyer needs to sell their property to buy yours, and their buyer needs to sell theirs, and so on. Chains can slow down transactions and increase the risk of the sale falling through.

Why it matters

Being part of a chain is the single biggest risk factor for a property transaction collapsing. The longer the chain, the higher the probability that someone drops out, causing a domino effect. Understanding where you sit in the chain — and whether your seller or buyer has a chain — helps you manage risk and timing.

Frequently asked questions

How do I find out if a property is chain-free?

Ask the estate agent directly. Chain-free properties include new builds, vacant properties, rental properties being sold by landlords, and properties where the seller has already moved. 'No onward chain' in a listing means the seller doesn't need to buy another property to complete the sale.