Completion Times

guitaruser

In theory (and I know real life is different before someone points that fact out), if everything runs smooth how long should completion take (roughly), our house is going to FTB's and the new one has no chain.

4 to 6 weeks realistic?

thanks

Doozergirl

Should be very realistic. My experience shows it to be more like 6 weeks on a trouble free sale. Never works like that though - depends on solicitors and whether their mortgage company is busy atm.

Try to set a completion date for 4 weeks, but expect 6.

virgin_moneysaver

moved a month ago - the house we bought was empty(deceased) so no chain & the people buying ours didn't need to sell theirs - yet it still took 3 months!

bridiej

We're hoping ours will take six weeks - three weeks to exchange (Which hopefully will be this week) then three weeks to complete.

Fingers crossed...

theGrinch

the quickest I have seen was 14 days, the longest 4 months (although I have seen 6 -months by agreement). I would say 6-8 weeks is what it usually takes despite good intentions.

DilbertJones

Mine has taken 8 weeks, i am a FTB'er the house I am buying has no onward chain, i see no reason why it took this long it just has

Complete on Wednesday!!!! I Cant wait. :j

TheDink

I have sold to a FTB and it took 16 weeks (chain above completed and ready to go within 6!).

There were some complexities which needed resolving. Make sure either you or the estate agent keep communicating with the buyer and try stipulating an exchange date to push things along.

Good luck!

theGrinch

we sold to a FTB and it took 4-months. it didnt help that there was 2 weeks lost with a postal strike, christmas and new year and FTB went on honeymoon....but patience is a virtue.

guitaruser

Thanks for all replies................I guesss the answer is every case is individual.

Happy_saver_4

The quickest I've bought a house in is 24hrs. But that was by sending my solicitor to do 'personal searches' at the Council etc. That was the good ole days!

An average conveyance currently seems to take 3 months, if a mortgage is involved.

paulus1967

When we moved into our new home in Sept 03 it seemed to take ages but thinking about it it was pretty quick. Sold our house to a cash buyer on august 12th 03 offer accepted on our current house 13/08/2003 moved in on 19/09/03 which was empty. After saying that the 2 solicitors that was used we wouldn't use them again.