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

12467

Comments

  • mchu6am4
    mchu6am4 Posts: 445 Forumite
    I've been told, some of my searches will take 1week, some 2weeks and one (drainage) more than two weeks.

    Contract and mortgage offer already with solicitor - I don't know how much longer for me since instruction on 22nd March 07.

    Can the solicitors do anything else that needs doing in parallel while waiting for the search results?
  • barkingmadhound
    barkingmadhound Posts: 49 Forumite
    Spoke to my solicitor for the first time yesterday. Must say i wasn't particularly enamoured with her, she wasn't very helpful and couldnt really advise me on anything. I felt I was wasting her time!:rolleyes:
    I am finally a homeowner!!:beer:
  • dean182
    dean182 Posts: 30 Forumite
    I am going to sound really dumb....... but here goes, what does instruction mean?:confused:
  • Tiger_greeneyes
    Tiger_greeneyes Posts: 1,401 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    When you engage solicitors, you instruct them to carry out your conveyancing. When you ask estate agents to sell your house, then you instruct them to sell.
  • ukbondraider
    ukbondraider Posts: 252 Forumite
    dean182 wrote: »
    I am going to sound really dumb....... but here goes, what does instruction mean?:confused:

    It basically means you are giving the solicitors approval to go ahead with their side of the conveyancing/legal process.

    This costs money (which can not be recouped in the event of a non sale) so most buyers usually do not want to "instruct" their solicitors until after they have a mortgage offer from the bank/building society.
  • Dani85
    Dani85 Posts: 246 Forumite
    Offer accepted 2nd January, moved in 7 March
    :xmastree: :snow_laug Christmas Nutter :snow_laug:xmastree:
  • dean182
    dean182 Posts: 30 Forumite
    We are FTB's and so far we've

    27th March 9:30am - Mortgage in principle arranged
    27th March 1:30pm - 1st Viewing
    27th March 2:00pm - Made offer / offer accepted
    28th March 1:00pm - Applied for mortgage
    1st April - Second Viewing
    2nd April - Instructed Solicitor / paid for searches
    3rd April - Valuation Survey


    All very fast so far... no chain and condition of sale that we complete within 6 weeks. We'll see!!!!
  • wannamakeamil
    wannamakeamil Posts: 31 Forumite
    We sold ours to buyers with no chain in December and found our new home(Chain Free) on the first week of Feb. We completed last Friday.
  • mchu6am4
    mchu6am4 Posts: 445 Forumite
    dean182 wrote: »
    We are FTB's and so far we've

    27th March 9:30am - Mortgage in principle arranged
    27th March 1:30pm - 1st Viewing
    27th March 2:00pm - Made offer / offer accepted
    28th March 1:00pm - Applied for mortgage
    1st April - Second Viewing
    2nd April - Instructed Solicitor / paid for searches
    3rd April - Valuation Survey


    All very fast so far... no chain and condition of sale that we complete within 6 weeks. We'll see!!!!

    Good luck!
  • virgin_moneysaver
    virgin_moneysaver Posts: 1,286 Forumite
    Part of the Furniture Combo Breaker
    my sister accepted offer & put in offer 16th January, completed & moved in 23rd February, a total of five weeks three days

    people buying hers were FTB & the house she bought was deceased lady so vacant possession
This discussion has been closed.
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