Private sale

5 replies

Iammetoday · 04/08/2023 22:01

How long would or does a private sale take? Looking at doing it with our current landlord, we're in no rush but he is.....

OP posts:

caringcarer · 04/08/2023 23:07

Takes almost as much time as a normal sale with no chain. Fastest 8-9 weeks or up to 12-14 weeks depending on how quickly paperwork is returned and how busy both solicitors are.

Original poster

Iammetoday · 04/08/2023 23:35

@caringcarer thank for the reply & info. Have you personal experience of this? Would we need a conveyancer and solicitor each?

OP posts:

CutesyUserName · 05/08/2023 00:07

You'll both need solicitors for the conveyancing and yours will need to do all the usual things such as searches, enquires, etc.

The only difference between your private sale and any other sale is cutting out the estate agent part and no chain.

The amount of time the process will take depends on all the usual things involved in the conveyancing process.

Original poster

Iammetoday · 05/08/2023 09:28

OK thanks

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caringcarer · 05/08/2023 10:23

I bought a house privately from a friend's neighbour. We agreed a price based on what other houses on the road had sold for a few months earlier on nethouseprices.com then both instructed solicitors for conveying. All usual searches were carried out as I was buying with a mortgage. It took 9 weeks because we both wanted a quick sale and the moment a form came we both filled it out and got it back to solicitor.

Flip