Property Chain
A sequence of linked property sales that all depend on each other to complete.
A property chain is formed when your purchase depends on the seller's onward purchase, and so on up the line. Every sale in the chain must exchange on the same day and complete on the same day. Chain length directly affects timeline and fall-through risk — longer chains collapse more often. Around 25-30% of agreed UK sales fall through before completion, with chain issues being the leading cause.
Related terms
- SSTC →
- Exchange of Contracts →
- Conveyancing →
- Property Chain Explained — full guide →
This glossary entry is a brief definition. For the full practical walkthrough, see the guide above.
- Full Glossary →
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Sold Subject to Contract (SSTC)
Offer accepted, but contracts not yet exchanged.
Gazumping
When a seller accepts a higher offer after agreeing yours.
Property Chains Explained
How chains work, why they collapse and how to protect yours.
Selling Your Home
Pricing, agents and timing your sale with your purchase.