What is the Average Completion Time for a No Chain Transaction?


Buying or selling a property can be an exciting yet daunting process, especially when it comes to understanding the timeline involved. One factor that significantly influences the speed of a property transaction is whether there is a chain involved. A “chain” refers to a series of linked property transactions where the completion of each sale is dependent on the successful completion of the preceding one. However, in the case of a no chain transaction, the process can be smoother and faster. In this blog, we delve into the intricacies of no chain transactions, exploring the average completion time, the stages involved, and what it means for buyers and sellers in the UK.

What is the Average Completion Time for a No Chain Transaction?

The average completion time for a no chain transaction can vary depending on several factors, including the efficiency of the conveyancing process, the responsiveness of all parties involved, and any unforeseen complications that may arise. Generally, however, a no chain transaction tends to be quicker than a transaction involving a chain.

In the UK, the average completion time for a no chain transaction typically ranges from 6 to 12 weeks. This timeframe encompasses various stages of the property transaction process, from initial offer acceptance to the exchange of contracts and finally, completion.

How Long for a House Sale to Go Through?

The duration for a house sale to go through can vary based on multiple factors, including whether the property is part of a chain or not. In the case of a no chain transaction, the timeline is often shorter and more straightforward.

What is a Property Chain?

Before delving into the specifics of a no chain transaction, it’s essential to understand what a property chain entails. In the UK, property chains are common in real estate transactions and refer to a series of interconnected sales and purchases. Each transaction in the chain is dependent on the successful completion of the preceding one. For example, if a buyer is waiting to sell their current property to fund the purchase of a new one, they become part of a property chain.

Property chains can vary in length and complexity, with longer chains often experiencing delays and complications due to the increased risk of one transaction falling through, thus affecting all linked transactions.

Benefits of a No-Chain Transaction

There are several advantages to being a no-chain buyer:

  • Faster Completion: As we’ve discussed, the absence of a chain eliminates potential delays caused by others in the chain. This can mean a quicker turnaround from offer accepted to completion.
  • Stronger Offer: In a competitive market, being a no-chain buyer can make your offer more attractive to sellers, as it signifies a smooth and less risky transaction.
  • Reduced Stress: The uncertainty and stress associated with waiting for others in the chain can be a burden. A no-chain purchase offers greater peace of mind.

Typical Conveyancing Stages With No Chain

Conveyancing is the legal process of transferring property ownership from one party to another. In a no chain transaction, the conveyancing process tends to be more streamlined, as there are no dependencies on other property transactions. Here are the typical stages involved in a no chain transaction:

  1. Offer Acceptance: Once an offer has been accepted by the seller, the conveyancing process begins. Both parties appoint solicitors or conveyancers to handle the legal aspects of the transaction.
  2. Property Searches: The buyer’s conveyancer conducts various searches, including local authority searches, environmental searches, and water and drainage searches, to uncover any potential issues that may affect the property.
  3. Survey and Mortgage Application: The buyer arranges a survey to assess the condition of the property and applies for a mortgage if necessary. The lender conducts a valuation to determine the property’s worth and assess its suitability as security for the loan.
  4. Exchange of Contracts: Once all searches, surveys, and mortgage arrangements are complete, both parties sign the contract, and a deposit (usually around 10% of the property’s purchase price) is paid by the buyer. At this stage, the transaction becomes legally binding, and a completion date is set.
  5. Completion: On the agreed-upon completion date, the remaining balance is transferred from the buyer’s solicitor to the seller’s solicitor. Once the funds have been received, keys are exchanged, and ownership of the property is transferred to the buyer.

Additional Factors Affecting Completion Time

Here are some other factors that can influence the completion timeframe, even with a no-chain transaction:

  • Mortgage Complexity: If your mortgage requires complex checks or approvals, this can add time.
  • Leasehold Properties: Leasehold purchases involve additional enquiries with the freeholder, which can take longer.
  • Shared Ownership: Shared ownership purchases may have additional procedures specific to the scheme.


In conclusion, the average completion time for a no chain transaction in the UK typically ranges from 6 to 12 weeks, depending on various factors. By avoiding the complexities and delays associated with property chains, both buyers and sellers can experience a smoother and more efficient transaction process. However, it’s essential to work with experienced professionals, such as solicitors or conveyancers, to navigate the legal intricacies and ensure a successful outcome. Whether you’re buying or selling a property, understanding the typical stages and timeframes involved in a no chain transaction can help you plan effectively and minimize stress throughout the process. If you’re interested in selling a property with us, visit our selling page!

If you have any further questions or require assistance with selling or buying your home, don’t hesitate to contact Michael Anthony Estate Agents. Our team of experienced professionals is here to guide you through every step of the process, ensuring a seamless and stress-free experience.

For personalised guidance on selling your property in the UK, consider consulting with Michael Anthony Estate Agents who can provide expert advice tailored to your specific circumstances.