A property chain is a line of buyers and sellers linked through their property transactions. If one of these transactions fails, the entire chain is jeopardised and all the transactions could be held up or even fail entirely.
This can prove frustrating and expensive, especially if you have paid for a survey and the vendor can no longer sell to you.
By opting to buy a property that has no forward chain (i.e. Chain Free), you minimise the chances of your purchase falling through. You are no longer reliant on your seller’s moving circumstances, the transaction offers more certainty, and you can often move in within a shorter time frame.
Chain Free Professional is a scheme allowing buyers to purchase Chain Free properties rendered for sale by Countrywide's corporate clients.
Many property purchase transactions are reliant on successful buying and selling chains and if one transaction fails or becomes delayed, there can be considerable consequences for the other buyers and sellers involved. Buying Chain Free allows you to bypass complications that can arise if a transaction in your chain becomes delayed or fails. With this risk removed, you can move into your new home sooner.
The business sectors from which our Chain Free Professional properties are drawn include: