Properties selling without a chain not only sell more quickly, as one might expect, but also appear to attract a substantial premium.
Quick buy firm HBB Solutions analysed market data across 10 major UK cities and found that on average, a chain free home comes in at £244,928.
That’s £23,131 more than the wider average cost of buying.
Nottingham was home to the highest chain-free property price premium at a huge £47,251,.
Liverpool (£46,373), London (£35,438), Glasgow (£20,818) and Newcastle (£17,972) also ranked within the top five.
Some 10 per cent of transactions involve a property without a chain although some locations - particularly where buy to let purchases at numerous - have larger proportions.
In Manchester, for example, HBB found 26 per cent of sales had no chains.
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