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Possible to complete in 6 weeks?

38 replies

RosiePosies · 27/02/2019 14:29

I just wondered if anyone had completed in such a short amount of time?

We had an offer accepted two weeks ago. There is no chain either end, we have our mortgage sorted and searches should be back by March 11th. It's a 25 year old house and we are having a homebuyers report done tomorrow but are pretty certain that nothing will come up.

Our solicitor has only just received the draft pack from the vendors solicitor today so hopefully enquiries will be started soon, but we have no idea how long this would usually take!

We are due a baby in 6 weeks so ideally we would like to move in 4 weeks to get everything ready.

Thanks in advance

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Darkbendis · 28/02/2019 18:45

We did it in 4 weeks in 2005 (FTB) and in 6 weeks last year. But we were renting first time, and last time, we were already in our new home, so not much to do on our side of things. We're in Scotland, however I am not sure if things are different here.

GETTINGLIKEMYMOTHER · 28/02/2019 20:35

One of my dds did - from offer accepted to getting the keys, all wrapped up in 6 weeks. I'd told her to expect 3 months minimum!

But she and SiL were first time buyers, the vendors were in a hurry to move, and they used the EA's in house mortgage advisor and their recommended solicitor. Neither of which I'd have thought a particularly good idea before, but I'm sure it helped to speed things up.

MinnieMountain · 01/03/2019 06:25

So this solicitor is covering your friend's workload as well as dealing with her own? Hmm.

A bit of chasing is ok OP and obviously tell everyone your preferred timetable but it might not be doable.

We were 6 weeks from offer to completion with a mortgage. Our sellers were very motivated though.

RosiePosies · 01/03/2019 23:56

I gave in and emailed her. She is going to look over the contracts at the weekend and then send me a contract pack through on Monday. I've told her our aim is to complete on the 29th March, but I suppose we don't really know if that's possible until she's looked through the contract pack and knows what enquiries to raise? I'm wondering if it being only 24 years old, and the sellers only having been there for 2 years is going to make the process easier?

We're first time buyers, and searches were started as soon as our mortgage was sorted, about two days after our offer was accepted. Searches will be back on the 11th March, and the one thing we're sure of is there's no flood risks.

Also had our homebuyers report done and it shows there are no problems with the house which is a relief.

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RosiePosies · 01/03/2019 23:57

The vendors are moving to Spain, and are wanting to get out there ASAP so that helps I guess!

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Gunpowder · 02/03/2019 00:01

We just moved into our new house and it’s been 6 weeks. Our sellers were chain free but our buyers weren’t. Our solicitor is fabulous. (Happy to pm his name if anyone wants a recommendation). My advice is get the agent involved. That said, six weeks is a whirlwind. Be careful what you wish for. Wink

alwaysthinkingofsleep · 02/03/2019 00:06

If it's straightforward sale, the only thing holding you back is solicitors/sellers not completing their tasks promptly. We completed last year in 6 weeks, 3 person chain. We also contacted solicitors daily & set a target date. Target date was pushed back by a week but we suspected that would happen. We also exchanged & completed on the same day.

Penguinandbear · 02/03/2019 00:12

Our solicitor said 4 to 6 weeks was minimum possible, ours was done in 6 weeks with solicitor on holiday first two so 4 weeks plus her holiday. She is an amazing solicitor though and put through as urgent.

ChanklyBore · 02/03/2019 00:21

We were in a massive chain and everyone was really awkward, really stressful, it took seven weeks. We were massively frustrated by then and it had been pushed back several times.

Surprised to read twelve weeks etc. We were led to believe seven weeks was a really long turnaround.

We’ve bought more than one house but I’m referencing the only one we bought in a ‘normal’ way (with estate agents, solicitors, chains and strangers etc)

RosiePosies · 03/03/2019 00:03

Ok this is all making me feel a lot better, thank you.

I'll be on to my solicitor again Monday morning asking for the contract pack.

@Gunpowder I know what you mean - we've literally been running here there and everywhere to get the paperwork sorted and now I've remembered that moving involves organising your house and then packing it 🤦🏻‍♀️ I also hate feeling like a pest!

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thetigerthatcamefortea · 03/03/2019 00:17

I work in this kind of industry. The quickest I ever
Worked with was 11 days from offer to moving in. (It was first time buyers though)
I regularly see 4/6 weeks. It’s possible. However and it’s a big gut. You need to be very very driven.
Talk to every one every single day. The solicitors, the estate agents and bank in needs be.
Every one is conditioned in England to think it has to be this royal pain the arse and take months. But if every one does what the need to do and you are prepared to keep the process moving it’s do-able. (It’s also stressful)

CellophaneFlower · 03/03/2019 15:12

Chankly 7 weeks is really good for a large chain.

We used an online solicitor for our first (very straightforward) purchase. They were a bloody nightmare. They had the contract sitting on their desk for ages but said they hadn't received it. I sent all documents by recorded mail, yet they kept saying they hadn't received them. They didn't return calls etc. In the end we were served a notice to complete and our mortgage offer almost expired so I then had to send everything by special delivery to speed things up, which all added up. We bought and sold again within the year and this time used a local solicitor. She was so much more professional and it meant we could hand deliver everything. We completed in 6 weeks. They were more expensive but well worth it.

RosiePosies · 04/03/2019 09:57

@thetigerthatcamefortea thanks for the advice - I'll be on them every day. 11 days is amazing. Luckily we're FTB and the sellers are going to be renting in Spain and want to do it ASAP so fingers crossed.

We're really hoping brexit doesn't somehow mess everything up - but we highly doubt Spain will suddenly close its borders!

@CellophaneFlower I don't think I could cope with the stress of not being able to actually go into my solicitors!! She also happens to be a friend which really helps because we're first time buyers and really
Have no clue!

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