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How long to exchange contracts?

I have seen a home I wish to buy and have put an offer in. If the offer is accepted, usually, how long between now and till we exchange contracts?

Comments

  • opinions4u
    opinions4u Posts: 19,411 Forumite
    The average is probably 10-12 weeks.

    The timescales that make up the average can be anything from a few days to longer than 6 months.

    My housemove last yeat took 8 months due to the complexity of the chain.
  • mdhelp
    mdhelp Posts: 19 Forumite
    Not only is there the chain but the efficiency of those working for you. The greatest hold up, imho is chinese whispers. The ideal situation would be to deal direct with the buyer/seller and cut out all the confusion which leads to delays, misunderstandings, animosity when in reality it could be rather straight forward. Sorry estate agents, but in some cases you have a lot to answer for.
  • deano72_2
    deano72_2 Posts: 786 Forumite
    it seems to be longer now than it did the last 5 yrs.. i have just exchanged i think after about 3+ mnths,but that was down to the abbey taking there time
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