Hi everyone,
I don’t really know if this wait time/delay is normal? And whether I should stick it out or look at other houses.
I put an offer in early July which was accepted no problems. Had a bit of a wait 3 weeks for mortgage to be approved (I had a decision in principle) but it did come through and there wasn’t any issues just a back log post lockdown.
Anyway I am a first time buyer and the sellers told me they hadn’t found a house and are going to move in with a relative. The house sale is still ongoing. My solicitors sent some enquires to the sellers solicitors 6-7 weeks ago and they have still not fully returned. I had to apply for an extension for my mortgage offer at the start of November which is now in place until December. I emailed my solicitors again over the weekend to ask if they had a completion date and whether we could ask the sellers solicitors for a completion date. My solicitors have come back to me to say, they are unsure of a completion date and they also think the sellers solicitors will be unsure of a completion date and could not guarantee completion before the end of November and they are still awaiting outstanding enquiries which they have again chased.
I don’t know whether it usually takes this long to complete a house purchase when both seller and buyer are chain free and whether it usually takes this long for enquiries to be answered?
I don’t know whether it would be worth me viewing other houses? Because I really have no idea how long the purchase is going to take. Either way I think I will have to apply for another extension of the mortgage offer.
Any advice will be greatly appreciated, thank you.