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How long from offer acceptance to completion?

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Comments

  • Myci85
    Myci85 Posts: 376 Forumite
    Eighth Anniversary 100 Posts Name Dropper Combo Breaker
    We were FTB, offered mid May last year, completed early October, so just under 5 months. Our sellers pulled out of 2 houses in that time, the third one they went on to buy they offered on very end of July and it was an empty probate property. 
  • newsgroupmonkey_
    newsgroupmonkey_ Posts: 1,257 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    12 weeks is average. But depends on the size of the chain. Could be more, could be less.
  • mlz1413
    mlz1413 Posts: 2,994 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Before Covid I'd say it was 3 months from saying yes in somewhere to getting the keys on average.  But covid has definitely changed that.

    I sold my house on 9th May last year, but my buyers wanted time to find a buyer, I was happy to agree.  They found a buyer and I found a house to buy on 25th May.  4 in total in the chain, happy days!

    3 of the chain moved on 20th August but I ended up moving into a flat temporarily.  That was supposed to be 2 weeks but was 2 months due to solicitor delays and the woman I was buying from changing her mind on where she was moving to.

    I was happy to break the chain to keep my sale but I nearly told the woman I was buying from to stick her house somewhere unsavoury a few times!

    Good luck with yours, it is a bit how long is a bit of string.
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