How long it will take from your offer being accepted until you can move into your house will depend on a number of factors. The process runs from when we receive the draft Contract papers from the Seller’s solicitors and typically takes between 6-10 weeks to complete (currently 2-3 months) however this timeframe can be impacted by a number of factors.
Some of the key stages of a transaction are taking your instructions and providing you with initial advice, checking your finances are in place to fund the purchase and contacting lender’s solicitors if required, receiving and advising on contract documents from the seller’s solicitors, carrying out searches, obtaining further planning documentation if required, making any necessary enquiries of the seller’s solicitor, advising you on all documents and information received from the seller’s solicitors, explaining the conditions of the mortgage offer with you, sending the final contract to you for signature, agreeing the completion date (i.e. the date from which you own the property), exchanging contracts, arranging for all monies to be received from the lender and you, completing the purchase, dealing with payment of Stamp Duty Land Tax, dealing with the application for registration at the Land Registry. This is not an exhaustive list.
Affordable Housing transactions usually involve additional work and so are unlikely to be included in our standard fees. This also applies to transactions where title defects are discovered and unregistered property.