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Timeline for house buying/selling in a chain
DRP
Posts: 4,287 Forumite
4 sets of people involved in our chain.
FTB is buying our place. Just heard from our vendors EA that they've had an offer accepted on a no-onward chain property.
So at this point I will:
1) Inform my solicitor.
2) Go to stage 2 with my lender (involves organising & paying for valuation and survey).
3) Anything else?
Or is it more prudent to just hold fire? Just inform my solicitor and wait before committing?
Any advice appreciated as this is our first buy/sell
FTB is buying our place. Just heard from our vendors EA that they've had an offer accepted on a no-onward chain property.
So at this point I will:
1) Inform my solicitor.
2) Go to stage 2 with my lender (involves organising & paying for valuation and survey).
3) Anything else?
Or is it more prudent to just hold fire? Just inform my solicitor and wait before committing?
Any advice appreciated as this is our first buy/sell
0
Comments
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If the chain's complete, which it sounds like it is, I'd get started on everything asap!
You will get the forms, questions, etc on the property you're selling so just turn them all round as quickly as you can.
Average takes 12 weeks from offer to completion. Can be longer if flats in chain.
Jx2024 wins: *must start comping again!*0
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