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chain free property
A chain free property is a property that is being sold by a vendor (home seller) who does not need to purchase a new property after they sell. Only 10% of all property transactions in the United Kingdom are chain free.
== Origins of the term ==
The term 'property chain' is common in real estate, especially in the UK. The chain is the line of people buying and selling. For example, there might be a first time buyer trying to purchase a small flat, another person waiting to move from the flat to a small house, another person waiting to move from the small house to a larger house and so on. If one person drops out of the chain, the sellers are not able to continue with their moves and the chain collapses.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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