Home Buying: Process & Timeline When Buying A House
How long will it take to buy a house?
The time from acceptance of your offer to the date you can move in depends on a number of factors. The average process of buying a house takes between 10 and 12 weeks but it can be quicker or slower depending on the number of parties in the chain and their circumstances: e.g. whether all parties have a mortgage approved in principle; the time taken for them to obtain information for local authorities or management companies.
The home buying process and how we can help you
(Please note: the steps and order in which the following happen can vary in each purchase):
- We take your detailed instructions and advise according to you own circumstances
- We receive and review the contract documents
- We submit searches
- We review the search results and advise you on them
- We obtain further planning documentation if required
- We make any necessary enquiries of the seller’s solicitor
- Flats and leasehold houses – we obtain information from the Landlord or Management Company about the management; maintenance and additional costs
- Flats and leasehold houses – we prepare any additional deeds to be signed by you and the Landlord
- We advise you on all the documentation and information received
- We go through any mortgage documentation with you
- We arrange signature of the documents
- We ensure the completion date (i.e. date when you get the keys) is agreed
- We exchange contracts on your behalf: this is the stage at which the agreement becomes legally binding on both you and the seller
- We report to any mortgage lender
- We arrange for all money to be received from the mortgage lender and you
- We complete the purchase
- We submit your Stamp Duty return and arrange payment
- Flats and leasehold houses – Inform the Landlord or Management Company of the change of ownership
- We deal with the registration of your ownership at HM Land Registry
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