76.87% of people impacted by a property chain break in the last 3 years were first-time buyers - What were the top reasons for their chains breaking?

Tuesday 9th August 2022




They were gazumped


Issue unveiled in the property survey


The seller of the property they wanted to purchase not being able to find a property

We asked…

What were the top reasons for property chain breaks for 1st time buyers?

Multiple Choice Answers(Randomly shuffled for each respondent) Answers % Count
17.14% 103
They were gazumped
14.31% 86
Issue unveiled in the property survey
11.81% 71
The seller of the property they wanted to purchase not being able to find a property
7.65% 46
Someone in the chain had a change of heart
7.32% 44
Change in circumstances: You had a life event such as illness, redundancy or divorce
7.32% 44
Your buyer failing to obtain a mortgage on your property
5.16% 31
Gazundered: Your buyer reduced their offer to you prior to exchange
2.83% 17
Legal paperwork taking too long and you lost interest in the property you wanted to buy
2.33% 14
1.00% 6

Copy Link To Data

A randomised sample of 601 respondents aged 18+ throughout the UK’s 68,592,949 population (worldometer)

95% confidence. 4% margin of error. Dated: 29.06.22

Source: Finbri Survey

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