Page 1 of Buying a house - How long should it take??

Put in an offer for a house - accepted about two weeks ago. Sorted out the mortgage and the bank says 2 week for the mortgage. Solicitors sorted and paid for.

How does it take for the process to be complete? There must be people out there that know.

Any ideas?

It depends on the length of the chain. Could be weeks/months. You might be in by Xmas if you`re lucky.

A cash sale or new house purchase is always at the top of the chain. Your solicitor should be able to tell you how long the chain is, and where any problems might be along it. (Others may be struggling to get the mortgage approved or find the collateral). A house further up the chain may still be unsold. No one can move until it sells.

Many elements to take into account.

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Why don`t you come up and see me sometime? ccgi.mgillespie.plus.com/liteon/smf/index.php

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Solicitors paid for

You reckon? They charge per letter and per phone call. It`ll always a considerable fee by the time you move. ;)

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Why don`t you come up and see me sometime? ccgi.mgillespie.plus.com/liteon/smf/index.php

Quote:
Put in an offer for a house - accepted about two weeks ago. Sorted out the mortgage and the bank says 2 week for the mortgage. Solicitors sorted and paid for.

How does it take for the process to be complete? There must be people out there that know.

Any ideas?

How long is a piece of string?

It depends if you are in a chain with other house buyers, the bigger the chanin the longer it takes

When we bought our house 3 years ago took about 3 months to complete. Although there was a 6 week delay from when we signed the contract to when they were exchanged >:(

Took us 9 months from the day we accepted an offer on our house (and therefore had our existing offer on a house we`d found accepted) to the day we all moved. And the house we were going to was empty!

julianf

There`s no chain. I am a FTB, the couple in the house are selling up to go down under

In that case, anything up to about 3 months. Keep chasing the solicitors!

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Why don`t you come up and see me sometime? ccgi.mgillespie.plus.com/liteon/smf/index.php

Those last few post have been cheery haven`t they?

I was FTB this year.
Put offer in on house Mid May - accepted same day.
Things stalled for a little a few weeks later but all paperwork was signed by 1st Aug and in on 2nd.
So overall this was about 10 - 11 weeks.

But i did have to make a few calls to push the solicitors on searches etc.

Good luck fella.




I find it kind of funny, I find it kind of sad
The dreams in which i`m dying are the best i`ve ever had.

I believe when I moved into my house it had taken approx 3 and a half months from making the offer

It only took so long because the seller had a god awful solicitor who caused problems.

If you have good solicitors on the case i doubt it`ll drag on too long.

(for the record I didnt even meet my solicitor I just spoke to her on phone or e-mail and sent documents by post - amazingly the seller solicitor was in the city we live and couldnt arrange to even walk down the road to deliver the documents to the sellers new solicitor once he decided to sack him)

Chris

A.C.C. Member
LFC
YNWA

Just to upset you all,

When we bought our first house in 1998 it went as follows

House went up for sale Monday morning, we viewed Monday afternoon, put in offer, offer accepted while we are still in the house, phoned solicitor to put them in picture.

Surveyed following Monday, paid cash to solicitor the same day. Got the keys on the Friday.

So just under 2 weeks.

You probably guessed estate agen friend of Sarahs family, step dad is/was a mortgage broker, friend is solicitor and friend of his is a surveyor who has some good contacts in the land register office.

But Buying our new house took 2 1/2 months to go through, we were moving in to an empty house lady buying ours was seperating from her partner so had nothing to sell. It kept getting delayed by her partners chain breaking down even though we were nothing to do with it technically.

All the best

Gerald.