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Sold house now long to complete

14 replies

Flamingmentalcats · 11/06/2022 16:13

Just wondering how long it's taking people to complete from selling at the moment please? It's empty and we have cash buyers no chain. I know it's a how long is a piece of strong and how efficient their conveyancer is but we have been sold a month and apart from signing the initial contract to instruct them, we haven't heard anything from them and our buyers are wanting it to go through asap. The grant of probate needed to be resubmitted due to an error, could that be a delay? Have emailed conveyancer but not heard back yet. Thanks all

OP posts:
Ilikewinter · 11/06/2022 16:21

DM has just sold, buyer was FTB in rental and DM has no onward purchase, took just shy of 6 months, never thought it would have taken that long!

Daisydoesnt · 11/06/2022 16:21

OP just to clarify you are the vendor and what you're saying is that you accepted an offer a month ago but there's been no further communication from your buyers? If you haven't had a rely from your own solicitor by Monday lunchtime I'd be inclined to get your estate agent on the case and check what's happening.

Has your solicitor received the Memorandum of Sale from your EA? Do you know if a solicitor for the other side been appointed? Have you completed & returned the Property Information from yet from your solicitor?

Unless there's a jolly good reason a month in I'd expect searches to have been sent off, any survey certainly booked (if not already done) and at least one round of enquiries between their solicitor and yours to have been completed.

NB when you say cash buyers do you mean cash....? ie they don't need a mortgage and they don't need to sell anything to fund this purchase?

Daisydoesnt · 11/06/2022 16:22

In my most recent experience 8 weeks from accepting offer to completion and that was with two weeks from exch. to completion at our request (we couldn't get the keys on our rental before then).

Flamingmentalcats · 11/06/2022 17:41

Thanks for your replies. It's definitely a cash buyer, no mortgage needed. Our estate agents sent everything on their side very quickly and the buyers already have a solicitor that had already done ID checks due to a previous house falling through. Our estate agent emailed me On Thursday to say the buyers solicitors have not had contracts yet and could we see what's happening. I
We have sent our ID to our solicitor and that's the last we have heard.

OP posts:
User39498 · 11/06/2022 17:51

your solicitor should have sent you loads of forms to complete very soon after you instructed them. Until you complete your forms, and your solicitor sends the draft contract, nothing can happen. It sounds like you need to chase your solicitor and see what they are doing...

Flamingmentalcats · 11/06/2022 17:57

Really User39498? Oh no, we have had nothing. I have been busy sorting other things out and the time has slipped has slipped away from me and I have dropped the ball. Thanks for that info
It's 20 odd years since we last did this.

OP posts:
User39498 · 11/06/2022 18:08

I’m not an expert and don’t know much if there is a grant of probate involved but if you are the vendor, your solicitor should immediately send you loads of forms including a T6 and some others... once you have returned those, the solicitor sends a draft contract to the buyers solicitor and then they start applying for searches etc but they don’t tend to do anything before then.

but I’m really not an expert so I’d give your solicitor a call on Monday and ask the questions about the forms and see what they say.

have you paid an initial fee? If not, might be worth speaking to a few solicitors and seeing if anyone else might be a bit more proactive

User39498 · 11/06/2022 18:09

I am assuming you are the seller...

Brightermornings · 11/06/2022 18:16

I sold a house earlier this year. The email with the forms I needed to fill in had gone into my junk mail. Luckily I was chased up and they resent them

Alphabet1spaghetti2 · 11/06/2022 22:54

With a load of luck, we should be 12 weeks from offer to completion.

RidingMyBike · 12/06/2022 08:38

Very different pieces of string!

We sold last year to chain-free cash buyers. We'd gone into rented. It took 30 days from offer accepted to completion.

We're buying now - we're chain-free as in rented and buying off a man with onward purchase apparently sorted (although it later emerged it needed probate). We've just exchanged 3.5 months after offer accepted. Completion will be about 4 months from offer.

RidingMyBike · 12/06/2022 08:41

It does sound very odd you haven't had a load of forms to complete from your solicitor. We got this within a day of completing the solicitor ID check.

Summersdreaming · 12/06/2022 08:52

I bought a probate property and the solicitors wouldn't do anything until the probate was through.. neither solicitor communicated this to us and it was really frustrating, it delayed the purchase by 3 months.

AdamantEve · 12/06/2022 23:39

We’re completing this week. It’s taken six months since our offer was accepted. No chain! Hopefully yours moves faster

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