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How long is a piece of string?
horsewithnoname
Posts: 644 Forumite
I know this is probably one of those questions but how long does a sale take? No chain either way, buyers have a mortgage in place, price agreed, obviously xmas has put a slight delay on, but all being well 🤞 when should it all be done and dusted?
thanks
thanks
0
Comments
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It will take as long as it takes.
Our first purchase which was no chain took 12 weeks but that is a long time ago now.
Out most recent purchase, again no chain, was 3.5 weeks but that was a part exchange of our previous property on a completed new build. A lot of the legal paperwork was already completed by the developers legal team which saved a lot of time.1 -
The best person to answer that question is your solicitor
There are too many variables to your question for anyone here to answer2 -
192 mm. May shorten to 185 if it shrinks in the rain.3
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I accepted an offer on my property early December 2022. Not chain. We completed in May of 2023.
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Ok, I just wondered if anyone might have an idea. My solicitor is off until 2 January so I’ll ask him after.Thanks0
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horsewithnoname said:Ok, I just wondered if anyone might have an idea. My solicitor is off until 2 January so I’ll ask him after.Thanks
You don't say which country you are buying in. My current house took one month from viewing to moving in, and that is not unusual here in Scotland.
I don't want to worry you, but a surprisingly large number of sales do not complete at all. The number varies between one in four and one in two, but on average a third of all house sales simply do not proceed to completion.0 -
In our case it was exactly 4 months, and could have been much sooner, but the seller solicitor from no-sale-no-fee conveyancing factory was ... very stubborn. We spent ages on emails along the lines:
Our solicitor: The document X you've sent contains 10 pages. You sent only the first 2. Please send the remaining 8.
Vendors' solicitor: If we don't exchange by the end of tomorrow, we will pull out!0 -
Alderbank said:horsewithnoname said:Ok, I just wondered if anyone might have an idea. My solicitor is off until 2 January so I’ll ask him after.Thanks
Her courage will change the world.
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.0 -
Alderbank said:horsewithnoname said:Ok, I just wondered if anyone might have an idea. My solicitor is off until 2 January so I’ll ask him after.Thanks
You don't say which country you are buying in. My current house took one month from viewing to moving in, and that is not unusual here in Scotland.
I don't want to worry you, but a surprisingly large number of sales do not complete at all. The number varies between one in four and one in two, but on average a third of all house sales simply do not proceed to completion.Very unlikely, though never say never, that it will fall through. It’s been 20 odd years since I last sold a house, seems not much has changed !0 -
horsewithnoname said:Alderbank said:horsewithnoname said:Ok, I just wondered if anyone might have an idea. My solicitor is off until 2 January so I’ll ask him after.Thanks
You don't say which country you are buying in. My current house took one month from viewing to moving in, and that is not unusual here in Scotland.
I don't want to worry you, but a surprisingly large number of sales do not complete at all. The number varies between one in four and one in two, but on average a third of all house sales simply do not proceed to completion.Very unlikely, though never say never, that it will fall through. It’s been 20 odd years since I last sold a house, seems not much has changed !
If you ask a solicitor "for an expected time frame", they'll likely say around 12 weeks freehold and 16 weeks leasehold, but of course it is dependent on everyone responding to requests in a timely manner, providing paperwork or evidence quickly to the solicitor so the solicitor can proceed with the legal work. Title issues, HTB agencies, ID or AML issues, lenders, any management companies, probate/repossession issues can delay work so the "average" timescale is just a suggestion, not set in stone.1
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