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What are chains?

Chains
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What are chains?

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A chain just means where there is more than one buyer and seller involved – e.g. you are selling to someone who in turn is selling to someone else. A chain of conveyancing transactions usually does make things worse, because everyone’s got to get their own transaction ready, and they all have to wait for the slowest person to come up to speed. Finally even when everyone is ready things are made slower because the mere act of trying to agree a date to move on can be a bit of a nightmare – the various people up and down the chain all have their own agendas to follow, and a date has to be agreed upon that can please (or at least not wind up) everyone.

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