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How long did your longest purchase or sale take (looking at a record)?
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First house - offered 12th Jan, completed 28th Feb (repo so bank were champing at the bit). Second purchase - offered on a friend’s parents house, they got cold feet and decided to stay put, so then we looked around and settled on a place a couple of streets away. Ours went on the market and was under offer almost immediately (shared ownership of 25% at £42,500). We offered on our current house. All was good - until the Housing Association decided our buyer didn’t meet their affordability and declined. We let it go to appeal but she withdrew. Remarketed and accepted an offer. From first offer to completion was 4 months (end of July to mid December).0
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Out of interest, did you re-offer at the same price? Wondering if the stamp duty holiday caused the vendor to increase their asking price.Bad_Accountant said:13 months from offer to completion coming this Friday. It was really two parts though!Offer accepted Nov 2019, appallingly slow sellers’ solicitors held it up. We were near completion in March 2020 but we had to pull out as OH very close to losing job due to Corona.We then re-offered as it was still up for sale in Sept 2020, were accepted and exchanged last week.0
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