Estate agents having to cope with fewer chains, says Countrywide

Estate agents are having to handle fewer chains, it has been claimed.

According to Countrywide, the proportion of sales where the vendor is not in a chain is now 67%.

That is down from 90% ten years ago.

Countrywide says that the change is mainly due to a new sub-market of buy-to-let investors selling to each other.

Countrywide’s research says that in the Lancashire town of Hyndburn, the seller is chain-free in 76% of transactions, while in Liverpool the figure stands at 62%; in Nottingham it is 50%.

Chains are most common in London, where just 26% of transactions have no onward chain.

We would be interested in your views. Are you finding chains less common?

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