Searches Returned - how long to exchange?

london21

Conveyancing can take months.

Be in contact with your solicitor.

Once searches come back they will still need to be reviewed and raise necessary  queries. 

Thrugelmir

666666 said:

RandomGuy87 said:

666666 said:

Has your solicitor raised queries and have those queries been addressed? Best thing I reckon would be to ask your solicitor clearly and plainly where they are in the process and what are the next stages up to completion. We are 2 weeks past deadline to exchange now but my solicitor is still at queries stage, some queries have not been addressed by the seller's solicitor. It has been the longest part of the process so far and still no definitive date when it will end and we can move to exchange. 

Solicitor has only today received the search reports so she is going to review which I assume will result in queries being raised or not. 

Are you buying a new build as well as you have the exchange deadline? 

The local authority advised that the searches were coming back last Wednesday so I'm frustrated it's taken until I've chased it today for them to be passed to the solicitor from the conveyancer. 

They have a duty to you and normally to the mortgage lender as well to make sure all important information are presented and there is no major issues that will be your problem later on or when you are about to sell that property or at least let you know about them so you can make an informed decision. 

More than a duty. They are employed by the solicitor. Just happens that the mortgage borrower pays the fees. The bulk of the work undertaken is actually for the lender. 

jonnnyash

The developer will always be pushing pushing pushing you to get exchanged.  That's the point when you become contractually bound to by the house.  No need to be concerned.

RandomGuy87

Our solicitor is happy to go to exchange and doesn't feel that any queries need to be raised. 

They've asked me to send them the deposit. 

We've not been sent anything to sign in order to exchange though? Does that come after they've had the deposit? 

Thrugelmir

RandomGuy87 said:

Our solicitor is happy to go to exchange and doesn't feel that any queries need to be raised. 

They've asked me to send them the deposit. 

We've not been sent anything to sign in order to exchange though? Does that come after they've had the deposit? 

Presumably you've had the response to the "enquiries" though and are happy to proceed with the purchase on the nasis of the responses received.