My feed
Premium

Please
or
to access all these features

Join our Property forum for renovation, DIY, and house selling advice.

Property/DIY

How long for searches/exchange

16 replies

AmandaHugenkiss · 24/08/2020 12:52

Bit of advice or perhaps a reality check required. We are selling our house and buyer has had valuation and buildings survey both come back. Contracts all drawn up etc. He didn’t want to start his searches until the survey came back fine, which happened on Friday, but we’ve been pushing to exchange in two and half weeks. Is that unrealistic? It’s all that’s left to do, if his solicitor is on the ball can it happen or am I being extremely unrealistic?

OP posts:
Report
boredboredboredboredbored · 24/08/2020 13:33

It'll be in the hands of the council not the solicitor regarding the searches. Where I'm moving searches are taking 3-4 weeks to come back but it varies across the country. Then of course it depends if the searches are ok with no problems that need further investigation. I think your timescale is unrealistic I'm afraid.

Report
AmandaHugenkiss · 24/08/2020 16:42

I did think we were being too keen; apparently our council takes 5-7 working days for searches to be returned but I’m sure that’s not the only limiting step, even if they deliver on time!

OP posts:
Report
sianyb83 · 24/08/2020 17:10

We've been told searches take 3 weeks...
I've sold 4 houses in 9 years, its always taken at least 2 weeks/ 10 working days

Report
notheragain4 · 24/08/2020 18:36

It depends on area, our searches took just shy of 3 weeks. They came in 2 weeks ago today, we are due to exchange this week.

Have they sent you any enquiries yet?

Report
Zebrahooves · 24/08/2020 18:45

Our council states 3 - 5 days online.

Ours took 3 weeks to come back.

Report
RemyHadley · 24/08/2020 18:50

Depends on which searches are being done and which area you’re in.

Some results will be almost immediate, some will take 4 weeks.

Once the lawyer has all the search results they look through them to check for issues, raise any questions about the results with the search provider/their client/your lawyer.

The client also sees the search results and decides if they see any issues they want to look into more.

So 2 and a half weeks is in theory possible but not very likely.

Report
Shadowboy · 24/08/2020 19:03

Here searches take 3 weeks and then there is sometimes enquiries to raise based on the findings of the searches.

Report
AmandaHugenkiss · 25/08/2020 09:28

@notheragain4 no, no enquiries yet!

@Zebrahooves ok that makes me think we’re looking at about a month realistically. I need to curb my impatience for a bit longer! Grin

OP posts:
Report
notheragain4 · 25/08/2020 09:43

@AmandaHugenkiss if you're in a rush you could try and get your solicitor to poke them for initial enquiries, our enquiries were done while searches were being requested. Some solicitors wait until searches are back but may as well make a start on them in the meantime, we then didn't get any further enquiries when searches were back anyway. They ask for certificates and things so it's good you have time to get them together. Each solicitor seems to work differently though.

Report
AmandaHugenkiss · 25/08/2020 09:56

@notheragain4 good idea, I’ll give them a nudge. Not in a desperate rush but it’s been dragging on due to covid and I’m over it now! I just want out.

OP posts:
Report
Zebrahooves · 25/08/2020 10:18

Another thing I did was, knowing our area, ask for the coal mining search at the same time as the initial searches. As I suspected, we did require it, so saved time there.

Report
boredboredboredboredbored · 25/08/2020 13:56

If you've not had enquires done yet then this could potentially delay you massively. It took me 6 months to buy an empty property and they started off with 65 enquiries Shock

I am now selling the same house and sold 7 weeks ago and have just answered the second set of enquiries with no dates being discussed as still lots of outstanding legal work.

Report
Newstart20 · 25/08/2020 14:25

I think it is far too quick based on recent experience of buying a property. We pushed everything as much as possible and still took ten weeks to get to exchange from initial offer.

Report
Zebrahooves · 25/08/2020 14:54

We are in rented and buying an empty house. So far it has taken us 9 weeks and we are still outstanding one report. No talk of exchange dates yet.

Report
organisedmother · 06/10/2020 07:56

I’m also 9 weeks and searches were requested still haven’t had them back After 5 weeks and the mortgage offer took 8 weeks.

Report
HolA13 · 06/10/2020 14:36

We’ve had the majority of our searches back in 2 weeks. Hopeful the remainder won’t take months 🙈 our mortgage valuation is tomorrow, which will have been 2 weeks from application. We’ve been told we’ll hear in 5 days after that .. be it the offer or if they need more info/underwriting etc..

I’ve not heard anything about enquiries.. 🤔

Report
Please create an account

To comment on this thread you need to create a Mumsnet account.