We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Chain free purchase - how long to complete at the moment?
Options
Comments
-
We got our mortgage offer on 28 May and got the ball rolling and due to complete today!
It did take us 5 weeks before that though to secure a mortgage but the actual process since them has been extremely smooth it probably helped that the seller had a sale fall through just before ours so had everything ready to go.
We also had a bit of luck as we managed to get a surveyor who had had a cancellation so there was no delay there.0 -
My friend just bought a chain free house 5 weeks from offer to completion. Brighton area. They had to chase the solicitor a bit, but all the searches, surveys, mortgage offer, etc, were super straight forward. They were initially told "no chance" for stamp duty deadline but have been in for two weeks now!
0 -
I'd say 12 weeks is probably a reasonable timeframe to work towards.0
-
We offered on 11 Nov and completed 11 March. So 4 months including Christmas. We were chain-free as moving from rented. Had a large deposit and an AIP before viewing. Vendors broke their chain and moved into rented accommodation. They are just completing on their purchase now I believe. We were keen to complete ASAP and our solicitors and vendors were very responsive. Their solicitors and the LA searches were the main holdups.0
-
Offered middle of February and completed the end of April. This was in Dorset0
-
Mine took about 13 and that completed January (no mortgage, no chain either end, mortgagee-in-possession sale, leasehold flat, uncooperative/incompetent building manager with major repairs due to the building).
For me the main holdups were Christmas/New Year and questions not being answered by either the oblivious bank or the inept management company. It would have been about 8 weeks without this idiocy, but there wasn't a survey involved nor a mortgage, both of which would have added back to the timeframe.0 -
We’re buying chain free without a mortgage - solicitor says 4 weeks assuming paperwork comes through.no survey or searches though30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards