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How long has your house purchase taken [so far]??

966 replies

dubyalass · 27/08/2022 15:15

I had an offer accepted in mid-June; no chain. I've had my mortgage offer through and the survey done. There is an issue with ownership of an outbuilding so the vendors are sorting that out with the Land Registry. Searches not done yet but unlikely to be anything tricky there.

I'm hoping that I might be in by the end of October but realistically who knows. I've no idea how long the LR are taking to process casework at the moment. Once that's sorted it should all be pretty quick.

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RidingMyBike · 28/08/2022 08:54

Ours was just under 4 months. Offer accepted early March. Got keys end June. Meant to be chain-free purchase as we were in rental and vendor had onward purchase already sorted although it later emerged our vendor needed to wait for probate to be granted on the retirement property he was buying! That added about 4-6 weeks. And he was very disorganised and wanted an extra month to 'pack' then didn't pack!

Thesehills · 28/08/2022 12:10

I've just sold and in rented awaiting new build.

I accepted an offer for our house on the 18th February, we completed last Thursday the 25th August.

So six months.

Chain of three, first time buyer at the bottom of chain, me going into rented at the top, so relatively straight forward.

cocoabeanz · 28/08/2022 14:11

10 months due to vendors being very slow at finding somewhere. They've got somewhere now, chain was complete, and now we've just lost our second set of buyers who decided they can no longer afford it. Very frustrating.

cocoabeanz · 28/08/2022 14:14

Don't know why my number ten came out as a dot! Ten months so far

Flowersintheattic57 · 28/08/2022 14:16

Sold my house in March, no chain and ftb with good deposit. Five freaking months! Buyer moved in this Friday. Conveyancing solicitors and all associated organisations, are a disgrace. It doesn’t take this long in Scotland so it can be done, but is there a will to change? Hell, no!

MillennialFalconer · 28/08/2022 15:33

Accepted offer on our place late May from FTB. Had offer accepted on our onward purchase early June, apparently no forward chain. Our solicitor only just got the draft contract pack on Thursday - 11 weeks after our offer was accepted. I’d been chasing 2-3x a week, with the EA blaming the seller’s solicitor; it’s been a string of dog-ate-my-homework excuses from day one.

I honestly think we finally got the contract pack only because I called the EA on Tuesday and left word with the receptionist asking them to show us some more properties. Cue sales progressor calling me back immediately. I said that I didn’t think the seller was serious, and I speculated they were stalling because they aren’t actually chain free. I said they had 48 hours to get the draft contract to my solicitor or we’re walking. We got it in exactly that.

I’m still very nervous that they’re going to continue to drag their feet on enquiries and we won’t be able to complete before our mortgage offer expires end of November.

naomi81 · 28/08/2022 15:53

Exchanged April, was ment to complete September and now pushed back to December 🤯

doobedooboom · 28/08/2022 18:21

Too long. Feels like a century. In reality four months to date.

AYearOfCushions · 28/08/2022 21:50

Offer accepted 1st May. Still haven't exchanged contracts and both parties wanted to move a few days ago.
Hoping it all happens in the next few weeks.

AlexandraJJ · 29/08/2022 06:57

I’ve very recently moved (160 miles) it took 3 months from start to finish and 3 of us in the chain

FuzzyPuffling · 29/08/2022 07:18

I'm a month in to the process and my conveyancer says the average time between offer and completion is 5 months.
I've had to wait 6 weeks to get a surveyor in. It just feels like everything has a long lead in time.

rrrrrreatt · 29/08/2022 17:35

Offer accepted Easter weekend on the condition of a quick sale (seller’s request) with one other property in the chain. We’ve been ready to exchange for a month but it’s all come to a halt because our seller’s onward purchase stalled due to a power of attorney issue. Our requests for an updated timeline have fallen on deaf ears, our solicitor says not to rock the boat by making a fuss and we’re both slowly unravelling.

I’ve started smoking again, I can’t sleep and my anxiety is through the roof. Our mortgage will cost £200 more in interest each month if we don’t complete by the end of the year so the stakes are high!!

SheilasLemonade · 29/08/2022 17:42

Offered 7th July. Am hopeful for this side of Christmas, anything earlier is a bonus!

TakeMeToKernow · 29/08/2022 17:46

The draft contracts arrived 18th august. I’m buying via the “modern auction method” which is f*cking horrible and terrifying. I had to pay a £6k fee as soon as the offer was accepted and I lose it if we don’t complete by 13th October. The searches in the legal pack aren’t accepted by my lender, so new searches have to be raised. Bricking it.

SuperlativeOxymoron · 29/08/2022 17:50

@TakeMeToKernow that sounds horrendous. DH and I looked at a property being sold that method and decided against it as it was closed bids. We decided that it would be too heart breaking to fall in love with a property an top end of our budget and not get it because someone could bid "£1K above the highest offer" which the agent told us was a thing 🤷‍♀️

SuperlativeOxymoron · 29/08/2022 17:51

And bid top end of our budget and not get it because someone could bid "£1K above the highest offer" which the agent told us was a thing 🤷‍♀️

Sorry posted while double checking because no edit 🙄

dubyalass · 29/08/2022 17:53

I've seen a few being sold like that down here. I just didn't bother going to view them, it all sounded like a nightmare!

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forgut · 29/08/2022 17:56

it's slow, our mortgage took nearly 4 weeks as did our sellers

Thistleinthenight · 29/08/2022 18:16

You could ask your solicitor for an update.

FuzzyPuffling · 29/08/2022 18:22

I'm using an online conveyancer ( who pride themselves on speed) and one good thing is that you can log in and see exactly what's been done when, and where the hold ups are.

evilharpy · 29/08/2022 18:39

Offer accepted 16 May, completed 8 August. This was in NI, both sides chain free and great solicitors, could have completed weeks earlier except there was a tenant who was leaving and we completed the day after they left. Agent was great but didn't need to do kuch chasing.

Also sold a house in England. Offer accepted 20 May, completed on 26 August. Chain of 4 with us at the top. All solicitors in the chain were useless but the same agent was acting for two of the three properties and was shit hot on it, if we'd used Purple Bricks or similar I doubt we'd have managed it this side of Christmas.

Neenabell · 30/08/2022 09:48

Accepted and offer on our property at the start of may to first time buyers, no forward chain. 15 weeks later they decide they want a new survey! After promising end of summer holidays for completion. Now currently arguing about what their results of survey mean etc - they’re asking for stupid requests such as a new shed roof for one we’re leaving -🙄I can’t wait for it all to be over finally.

Paranoidandroidmarvin · 30/08/2022 11:06

@Neenabell hope u told the no to the shed roof. Cheeky fuckers

Neenabell · 30/08/2022 12:45

We most definitely did! Hopefully they realise it’s a stupid request

dubyalass · 01/09/2022 22:52

My issue has been resolved so we can now order searches and think about exchange dates. I'm sure the searches will raise a few enquiries but I think the key one is likely to be radon.

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