how long

jessnat995

Does anyone have any experience on how log it takes to complete once the solicitor has started there searches?


thanks in advance

kingstreet

The two things aren't really connected.

Searches will be back based on how long it takes the local authority.

Completion is a date on which all parties have to agree before contracts can be exchanged once all the paperwork is in place.

jessnat995

Thank you,


Could you expand a little please, as my solicitor is very rude and I do not deal with him, as I always seem a pest.


So how long do the paperwork side of things normally take on the solicitors side?


when should I be asking for a completion date as every time I ask my solicitor he says oh its ages away yet!

kingstreet

House purchase process runs like this;-

Offer agreed
Solicitors instructed
Sales memorandum issued by estate agent
Purchaser applies for mortgage
Vendor's solicitor prepares and issues draft contract to purchaser's solicitor
Vendor completes seller's enquiry forms and returns to their solicitor
Valuation/survey carried out
Purchaser pays their solicitor for searches
Searches requested by purchaser's solicitor
Renegotiation of price due to survey findings - if required
Mortgage offer issued
Purchaser's solicitor receives seller's enquiry forms and raises any enquiries with vendor's solicitor
Searches returned to purchaser's solicitor
Responses to enquiries from vendor's solicitor to purchaser's solicitor
Purchaser visits solicitor to go through paperwork, hand over ID and deposit
Completion date agreed between all parties
Contracts exchanged
Purchaser's solicitor sends purchase funds to vendor's solicitor
Completion takes place
Vendor's solicitor receives purchase funds and authorises key release.

From offer to completion can be anything from four weeks plus to many, many months.

jessnat995

Thanks for the fast response.

So the house now has plaster on the walls. Ant one had experience with new builds and how long until finish now the plaster is on.

My father has said 2 weeks tops.