What are Chains?

  • Chains are a sequence of linked house purchases, each of which is dependent on the preceding and succeeding purchase.
  • Each member of the chain is a house sale, which depends both upon the buyer receiving the money from selling their house and on the seller successfully buying their next property.
  • A chain begins when a home owner wants to buy another property before selling their own.
  • Buying and selling your home can be the largest, most important and certainly the most stressful financial transaction you are likely to make.