- Sales
-
Lettings
- Landlord Hub
- Tenant Hub
- Investment Opportunities
- Application Process
- Corporate Lettings
- Report an issue
- Portfolio Management
- Lettings Property Search
- Landlord Resources
- Tenant Resources
Are You Landlord? Start Letting With Nock Deighton Book a Valuation - Land & New Homes
- Careers
-
About Us
-
Contact Us
Navigation
-
Sales
- Get a ValuationOnline or In person
- How we sell Your property
- Beyond the market
- Purchase Services
- Your Resources
-
Lettings
- Landloard Hub
- Priority Investors
- Corporate Lettings
- Portfolio Management
- Landlord Resources
- Tenant Hub
- Application Process
- Report an issue
- Tenant Resources
- Land & New Homes
- Careers
- About Us
- Contact Us
Are You Landlord? Start Letting With Nock Deighton Book a Valuation
Sales Property Search
What does no onward chain mean? Why does this matter?
If you are house hunting, you may see 'no onward chain' or 'no upward chain' be advertised in property posts. If you aren't familiar with the property purchase process, terms like this may become confusing. Below is a brief summary of what an onward chain is, and the benefits of having no chain.
What is an onward chain?
An onward chain is where a seller is dependant on purchasing another property. Every chain will have at the bottom a buyer who is not dependant on selling a property and the top of the chain will not have an onward purchase.
So, what are the benefits of having no chain?
The benefits of having no chain attached as a buyer, is that the transaction can be completed quicker, have minimal risk and a offer the seller a smoother journey. As a seller to offer no chain, this will be more appealing to buyers as this will encourage a much shorter timescale. This is especially important in the current market due to the stamp duty holiday which is due to expire on March 31st, 2020.
If you're on the property search in Shropshire or Worcestershire and would like any more information on the above, please send me across an email and I will be happy to chat with you further.
Athina Morse
Head of Sales Progression
a.morse@nockdeighton.co.uk
Old Smithfield, 34-35 Whitburn Street, Bridgnorth, Shropshire, WV16 4QN
© Nock Deighton 2023 - Company Number: 06589318 | Company Number: 06589318 | Privacy | Complaints | Terms | handcrafted by isev
Find out what your house is worth?
Get a free valuation and find out how much your property could sell or let for.
- Bridgnorth Head Office01746 767 767
- Telford Sales01952 292 300
- Telford Lettings01952 290 163
- Ludlow01584 875 555
- Country Homes01746 770 002
- Ironbridge01952 432 533
- Cleobury Mortimer01299 271 477
- Kidderminster01562 745 082
Call us to arrange a valuation