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Buyer taking too long with conveyancing

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  • annetheman
    annetheman Posts: 1,042 Forumite
    Ninth Anniversary 500 Posts Photogenic Name Dropper
    edited 19 February 2024 at 4:53PM
    Average time is 4 months, not including Xmas break. The separate solicitor isn’t a massive issue as others have said - just answer the queries. 

    If you remarket now, you’ve at least another 4 months till the sale completes.
    This is the part I think you're missing, OP. By going back to market now, you will simply start the clock again from the beginning. That means another 16 weeks from offer (NOT including the amount of time required to find a new buyer, which you are assuming - like every other seller - would be fast because it is Spring) to completion.

    On top of the 14 you have been in the current sale - with absolutely no guarantee of a higher sale price (especially with many buyers likely spooked by the recession, Spring or not).

    If you want to essentially throw away 14 weeks of progress for the possibility you could find someone willing to buy at a higher price, that's your prerogative and best of luck.
    Current debt-free wannabe stats:
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