Searches Stories?? How Long

septemberbaby

Could anyone take a wild guess on when we may move

Chain is

1. We sold our house to a FTB (He applied for searches on Friday 12th April just gone)

2. We are buying a house from a lady who has bought a house with no chain herself. (She applied for searches on Tuesday 9th April just gone)

3. Ourselves - we applied for searches on 30th March just gone

s_glover

Any guess would just be a wild guess so no point.

Searches can take anything from a few days to a few weeks depending on the local council.

When you move depends on so many factors besides the searches, to mention a few:

- Mortgage applications and approval
- Surveys and any other inspections commissioned and potential further negotiations
- How many inquires there are from each party and how quickly these are answered
- The availability of all parties / solicitors during the process
- The availability / timescale each party has for actually moving

The average time from a chain being complete to moving is probably in the region of 8-12 weeks but this could be anything fro 4 weeks to a year or more in extreme cases.

You mention your vendor 'has bought a house'. You also state she has applied for searches, I therefore assume you mean she is buying a house, not already bought.

septemberbaby

s_glover wrote: »

Any guess would just be a wild guess so no point.

Searches can take anything from a few days to a few weeks depending on the local council.

When you move depends on so many factors besides the searches, to mention a few:

- Mortgage applications and approval
- Surveys and any other inspections commissioned and potential further negotiations
- How many inquires there are from each party and how quickly these are answered
- The availability of all parties / solicitors during the process
- The availability / timescale each party has for actually moving

The average time from a chain being complete to moving is probably in the region of 8-12 weeks but this could be anything fro 4 weeks to a year or more in extreme cases.

Thanks for this appreciate it

In relation to above

- Mortgage applications and approval - All back prior to searches and all approved (Our buyer is a cash buyer also)
- Surveys and any other inspections commissioned and potential further negotiations (Surveys all back also)
- How many inquires there are from each party and how quickly these are answered (UNKNOWN UNTIL SEARCHES ARE COMPLETE)
- The availability of all parties / solicitors during the process
- The availability / timescale each party has for actually moving (EVERYONE IN THE CHAIN WANTS IN ASAP) - Solicitors availability (Unknown I suppose)

Would the above help in a guess now at all?

s_glover

I would say not really.

It very much depends on the speed of the searches and then how many / how complex any queries are. The solicitor / local council(s) may be able to advise how long searches are typically taking at the minute.

If all parties are keen to move ASAP, then hopefully everyone will do all they can to move things along swiftly but experience tells me even when people want in ASAP, they can still take their merry time in responding to queries etc.

Good luck

septemberbaby

s_glover wrote: »

I would say not really.

It very much depends on the speed of the searches and then how many / how complex any queries are. The solicitor / local council(s) may be able to advise how long searches are typically taking at the minute.

If all parties are keen to move ASAP, then hopefully everyone will do all they can to move things along swiftly but experience tells me even when people want in ASAP, they can still take their merry time in responding to queries etc.

Good luck

Thanks again

I think for me im wondering is May a NO NO

hazyjo

Base it on 12 weeks from offer to completion if all goes 'averagely' with no major issues. I've done it in 5 weeks, and another took 5 months. You really are asking how long that piece of string is...


So when was the offer? 1 April ish? You're *probably* looking at end June for exchange. Give or take a month or two lol.

Surrey_EA

septemberbaby wrote: »

I think for me im wondering is May a NO NO

"an army marches at the pace of its slowest man."

Very much the case in conveyancing too.

It is unlikely to be obvious at this stage as to what the slowest component is.

septemberbaby

Surrey_EA wrote: »

"an army marches at the pace of its slowest man."

Very much the case in conveyancing too.

It is unlikely to be obvious at this stage as to what the slowest component is.

I know i need a new hobby
I cant get the guessing out of my mind

Surrey_EA

septemberbaby wrote: »

I know i need a new hobby
I cant get the guessing out of my mind

In all likelihood it will take longer than you hope for.

Conveyancing is a high volume, low margin business so bear in mind it is probable that your solicitor, as well as your buyers solicitor, will have another 150 cases on the go at the same time.