proceedable en · ADJ
Pronunciation
- (Southern-England) audio
Etymology
From proceed + -able.
Meanings
-
(not-comparable) Which it is possible to proceed from.
proceedable exception
proceedable position
-
(UK, not-comparable, of prospective property buyers) Who can show being able to continue with the purchase without delay, having the stamp duty assessed (“tax awareness”) and liquid due to having the necessary funds deposited or mortgage agreement in principle (“proof of funds”) rather than a pending property chain sale (being “chain-free”).
[T]o stand the best chance of being punchy on price, you must show you’re a serious buyer. So be prepared. As well as getting a mortgage in principle, have a screenshot of your deposit and stamp duty savings to flash at estate agents to prove you’re “proceedable”.
2026 August 8, Claer Barrett, “Kids, flats and student loans: Why UK first-time buyers are getting older”, in Financial Times: