What is a "No Chain" property

Some properties are forward chain and others upward no chain, what do they mean?

Asked on May 9 2012, General in Greenhithe | Report content

Answers (1)

Was this question useful? Yes 0 No 0
  • Hello pretty, a chain is when there are several people buying and selling ie you are buying your first home and the people selling it are buying another home. These people can't move out of their home until their new home is vacant, meaning you cant move in to your new home until they vacate. This is a chain!! So No Chain is when the property is either already vacant so you can move straight in, or if the people selling aren't dependant on their new home becoming vacant to move, hope this helps.

    Answered on May 9 2012, Report content

Didn't find what you were looking for? Ask a question

More General in Greenhithe questions on AskMe

See more AskMe Q&A about General