'Most homebuyers worried about chain break'

17 February 2006
Prospective homebuyers are more worried about the chain falling through than they are about any other aspect of the buying process, according to a new survey.

Around 70 per cent of Britons buying a home find it stressful, with 36 per cent of them finding the most stressful aspect a break in the chain.

Second in the list of homebuyer worries was finding the right property (17 per cent), while a further 13 per cent thought the most stressful aspect was the surge in costs of mortgage fees and stamp duty.

"It can be very frustrating when chains break and potential buyers lose their dream home," said Nick Clark, managing director of the Homebuyer Show, which carried out the research.

"The housebuying process is already stressful enough without buyers having to worry about what is going on at either end of the chain," he added.

Among the least of the worries was the redecorating of a house, cited by just four per cent of homebuyers.

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