How long did it take for you to complete?

[sc0tt]

Just had an offer accepted on a property with future Mrs. Sc0tt, having last owned a property 8 years ago how long has it taken you to complete recently?

[sc0tt]

Robertj21a said:

Surely, the query has to be from when ? If it's from Exchange of contracts then about 4 weeks but that's variable if alternative dates are suitable to both/all parties. It's the time getting to Exchange that's the nightmare.

Offer to completion. I thought that would be clear from my post given my current position.

[sc0tt]

Thought I would update this as I go along.

Offer placed Sunday. Draft contracts with me Thursday.

Mortgage application filled in on Saturday and approved subject to valuation which should be done this week.

We have signed the drafts today and they should be back to the solicitor weds. Hoping the searches come back next week.

[sc0tt]

Small thread update - Valuation to take place tomorrow.

[sc0tt]

Pothole said:

hampshire-370z said:

Sold to a first time buyer, took 18 weeks - try to avoid online conveyancers

Wish I'd seen this before we started our purchase process. SSOOOO SLOOOOOWWW!

I'm surprised. Mine are doing really well. Are you using eway?

[sc0tt]

Frenchda said:

Don't know. Risky exchange/complete scheduled on 3 house chain for Friday 26th. Our buyers (cash when putting in the cheeky offer) have had issues with mortgage (what mortgage!!!!!) and now looks like mid Feb! I have just gone fking ballistic, telling us 3 days before the move, but can do nothing at all about it.

Lying tts.

That is annoying. Did the EA not ask for proof of funds for a cash offer?

[sc0tt]

Further update, the valuation has been carried out today, Mortgage has been offered and has been posted to me

[sc0tt]

Next Update. Searches are back. Motoring along.

[sc0tt]

RacingGreen0001 said:

sc0tt said:

Next Update. Searches are back. Motoring along.

Glad to hear its all chugging away Scott - did you have a Survey done perchance?

We have discussed a home buyer report but it seems £500 for most of the things I have already looked at. Boiler is 4 years old and certified and the house is 20 years old so nothing should be majorly wrong. Having priced up a “proper” survey we are looking at the best part of a grand which we simply don’t have.

[sc0tt]

Might be my last update for a while. Awaiting a certificate for some doors installed at the rear but all enquiries have been answered, Mortgage offer is with the conveyancer so I need to print, sign and return so that should be back monday. Effectively my side of the deal has been done in 2 weeks.

[sc0tt]

It is a wonder why the system is so archaic.

It would make far more sense for the Seller to pay for the searches much like the energy efficiency report so they are ready in place.

[sc0tt]

Here start the delays. Searches for the buyers property haven't been submitted yet.

I'm supposed to be submitting my notice for my rental next week.

[sc0tt]

From the sounds of it now the lady at the end of the chain hasnt even returned any paperwork after 5 weeks which is why our sellers haven’t done the searches.

In for the long haul.

[sc0tt]

People are dragging their heels now and it is starting to get a little annoying.

[sc0tt]

Herbs said:

Exchanged!!!!!

Completion next Wednesday

Congrats fella.

[sc0tt]

Advised my solicitor not to worry about the FENSA and to get the buyer to provide it by completion.

I'm all done and looking to exchange on Thursday.

Fingers crossed.

[sc0tt]

Herbs said:

Congrats!

Note the "looking to exchange" haha

[sc0tt]

Monday our Seller said ...

Hi we have just revived the paperwork back that was outstanding so hopefully now we will be in a position to exchange this week.

So I've spent all day chasing exchange.

Tuesday our Seller said ...

There is still one enquiry outstanding on our purchase that is being chased daily with all information being fed down the chain.

[sc0tt]

I might be exchanging friday now!

I also might not be

[sc0tt]

Herbs said:

sc0tt said:

I might be exchanging friday now!

I also might not be

Fingers crossed, completion next Friday?

Thursday the 12th I hope.