UPDATE: Your Timescales from Instruction to Completion (If you've been lucky enough)?

Madjock

5 weeks from going to see the house to moving in.

barking, I would check what your mortgage offer says, it may be a requirement to get the reports done and referred to the lender.

mchu6am4

Madjock wrote: »

5 weeks from going to see the house to moving in.

barking, I would check what your mortgage offer says, it may be a requirement to get the reports done and referred to the lender.

That's fast!!!!!!!!!

I mean, really FAST!

dianasnan

My daughter did 5 weeks from viewing to completion on a repossession as a FTB (with Mortgage), would have been quicker but Xmas and new year were in the way. Thats quick. She used a conveyancer with an online facility to check the progress of the purchase, don't know if this helped.

Tiger_greeneyes

barkingmadhound wrote: »

I'm a FTB.
My dates:
1/3/07 - first viewing
2/3/07 - 2nd viewing
6/3/07 - offer accepted (finally!)
28/3/07 - survey done
29/3/07 - mortgage agreed...

sO i am expecting another 2 months perhaps for it all to be completed?

I have to check the elctrics and the roof apparently....do I do this before I move in?:mad:

If you've got your mortgage offer then you don't have to get any checks done before you move in. You might as well though, you don't want any nasty surprises and if you get the ball rolling immediately it won't delay your exchange.

Why do you think you have to wait two months for completion? Is it a particularly long chain, or do the vendors not want to move until June?

Personally I'd expect to be in within the month if I'd got my mortgage offer!

helping_hubby

dianasnan wrote: »

My daughter did 5 weeks from viewing to completion on a repossession as a FTB (with Mortgage), would have been quicker but Xmas and new year were in the way. Thats quick. She used a conveyancer with an online facility to check the progress of the purchase, don't know if this helped.

I beginning to think it's just luck of the draw and getting a chain where everyone wants to move asap. Our's should have been 6 weeks...but it's taken just one stupid selfish person to screw us all around and it's now 12 weeks I think and we're _still_ waiting to exchange.

djm1972

I'm in the middle of what should be a simple chain of 3 - a first time buyer purchasing my place, and the place I am buying is vacant possession. Instructions happened around 15th February; and we are still nowhere near ready to exchange contracts let alone plan for a completion.

Totally unnecessary solicitor induced "issues" have affected both transactions, and I can't help but think I am going to lose my buyer or vendor because it is all taking so long.

All mortgages are in place; both properties are currently mortgaged and are less than 15 years old. There's no way on earth it should take this long. Solicitors have got a LOT to answer for.

deb_buffy

viewed property - 12th Feb
Offer accepted - 15th Feb
solisitors intructed - 15th Feb
mortgage application - 20th Feb
searches started - 28th Feb
contracts through - 24th March
servay completed - 30th March
Mortgage offer - soon i hope!!

Hope to complete May 29th. We had a few hick ups with the mortgage off they sent employee information to the wrong office for OH then they didnt send it back till this last week after a lot of phone calls yelling at them. We just want to exchange asap but cannot complete till may 29th due to renting. So fingers crossed we stay on track.

Madjock

Tiger_greeneyes wrote: »

If you've got your mortgage offer then you don't have to get any checks done before you move in. You might as well though, you don't want any nasty surprises and if you get the ball rolling immediately it won't delay your exchange.

Why do you think you have to wait two months for completion? Is it a particularly long chain, or do the vendors not want to move until June?

Personally I'd expect to be in within the month if I'd got my mortgage offer!

It could be conditioned on the offer. Read your offer thoroughly when you get it.

barkingmadhound

Tiger_greeneyes wrote: »

If you've got your mortgage offer then you don't have to get any checks done before you move in. You might as well though, you don't want any nasty surprises and if you get the ball rolling immediately it won't delay your exchange.

Why do you think you have to wait two months for completion? Is it a particularly long chain, or do the vendors not want to move until June?

Personally I'd expect to be in within the month if I'd got my mortgage offer!

Hey Tiger - well infact there is no chain on either side, so I suppose it could be quicker than I expect, but I got a letter from the solicitor saying it could take weeks to do searches and get contracts from the vendor's solicitor. I guess they are saying this just to cover themselves.

I was going to send a spark in to check the electrics because if they think it really does need proper rewiring at £1k, I could get some of the selling price knocked off.

I will spk to soloicitor tomorrow, for the first time, as I haven't really needed them up until now. I am also using econveyancer and their expected of exchange date is start of June.

barkingmadhound

Tiger_greeneyes wrote: »

If you've got your mortgage offer then you don't have to get any checks done before you move in. You might as well though, you don't want any nasty surprises and if you get the ball rolling immediately it won't delay your exchange.

Why do you think you have to wait two months for completion? Is it a particularly long chain, or do the vendors not want to move until June?

Personally I'd expect to be in within the month if I'd got my mortgage offer!

Hey Tiger - well infact there is no chain on either side, so I suppose it could be quicker than I expect, but I got a letter from the solicitor saying it could take weeks to do searches and get contracts from the vendor's solicitor. I guess they are saying this just to cover themselves.

I was going to send a spark in to check the electrics because if they think it really does need proper rewiring at £1k, I could get some of the selling price knocked off.

I will spk to soloicitor tomorrow, for the first time, as I haven't really needed them up until now. I am also using econveyancer and their expected of exchange date is start of June.