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Average time to completion with no chain either end?

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Comments

  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    zeusofwar said:
    we're now just waiting on solicitor searches/draft contracts which were instructed last Monday.
    Nope, those are just the first things you need. The solicitors will need to raise enquiries based upon those documents which could take months to resolve.
  • snowcat75
    snowcat75 Posts: 2,283 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Taffoire said:
    10 weeks so far for us, cash purchase, no chain, no survey, no completion date in sight!
    I'm at the over end selling an empty property to a cash buyer.....
    10 weeks so far also. 

    Met the buyers for the first time when they happened to turn up when I was picking up the post, turns out both of us are keen to get the job done they wanted to complete this week!!, but iv hot back yet another host of questions today which could of should of been sorted a month ago, bloody solicitors. 
  • lika_86
    lika_86 Posts: 1,786 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I used to work in conveyancing. Even in normal times I'd have said around 12 weeks was about average (searches would sometimes take 4-5 weeks to come back depending on local authority and their timelines), so I can only imagine things now. We had an offer accepted three weeks ago, no chain, I'd be happy if it was done before Christmas.
  • I’m currently in this situation - I have a cash buyer (local authority) buying my home and the house I’m buying is empty as the person who owned it has moved into a care home. 
    So no chain either end and yet I’m now 18 weeks in and still haven’t exchanged yet (but am being told it will be this week!) 
  • I have no chain either end and we are on week 15 still with no dates yet set for exchange/completion
  • Offer accepted 15th July - BTL - no chain- empty house 
    mortgage put in 16th July
    valuation 11th Aug 
    offer 11th Aug 
    I paid for expedited searches 
    exchanged 11th Sep 
    Complete on Friday 18th Sep 
    so just over 9 weeks - even then it seemed to drag !
    im retired so would reply to any emails/ send documents in a nano second
  • I’ll be ten weeks between offer and completion, I’m an FTB & the property I’m buying is empty. 
  • pimento said:
    Took us five months. We had nothing to sell (we were renting) and the cash in the bank and the house we were buying was empty. I can't believe it took so long but it did.
    Yep I had the same story. I think it was 6 months for me. Both parties were very keen to get things done fast... dragged and dragged.
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