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House and home

How long to sell/by

(28 Posts)
Nanagem Wed 17-Aug-22 23:15:22

We managed to sell our house on the 10th of June then finally found our new home on the 15th of July, we put an offer in and it was excepted a couple of days later, it’s a probate sale and they excepted our offer on condition the house stayed on the market. This rang alarm bells but we took it, we love the place.

We are now waiting for the searches to go through, they’ve taken 3 weeks now is that normal?, and our solicitor hasn’t yet received the draft contract.

Am I stressing to soon, should I chase ?, everyone in our chain is desperate to get moving including us !

crazyH Wed 17-Aug-22 23:25:38

I think you’re stressing unnecessarily. Searches do take a little while to come back. There’s a lot involved in the ‘searches’. Your Solicitor will be writing to all and sundry and will have to wait for the replies. So 3 weeks is quite reasonable…exciting times ahead. And it’s a probate sale. Say no more. Good luck in your new home.

MarinaL Wed 17-Aug-22 23:43:05

New neighbours have just moved in next door, the whole thing has taken 7 months!!
Hoping yours will go smoother Nanagem. Good Luck

Georgesgran Wed 17-Aug-22 23:50:45

DD is in that business and says conveyancing etc is taking 5+ months, so until it’s all caught up, the days of a 28 day exchange are long gone.
I’ve a house on the market and not expecting completion this side of Easter ‘23.

NotSpaghetti Thu 18-Aug-22 00:17:30

Conveyancing takes longer in some areas than others.
Not everywhere is months and months.
And some work can be done in person I understand by whoever is doing it.
A neighbour took 5 weeks from start to finish recently. I expect it wasn't too complex though - and had been sold since everything had to be on the land registry so that was good.

tanith Thu 18-Aug-22 07:21:09

My GS is 7 mths in now with his house purchase and still waiting for an exchange of contracts date he’s had to give them an ultimatum that he will pull out if no date on exchange is given by a date he’s so stressed. I think you just have to be patient unfortunately.

Joseanne Thu 18-Aug-22 07:30:52

A lot of the hold ups are due to people still working from home in such jobs so our DS was told. It is slowing things down for some reason. I really don't understand why they can't be back in the office.

Oopsadaisy1 Thu 18-Aug-22 07:35:05

They do take a long time these days.

TBH I wouldn’t have gone ahead unless they took the house off the market, it isn’t too late for you to get them to do this, I would worry that someone else will come along and gazump you.

Franbern Thu 18-Aug-22 08:20:56

Flat here accepted an offer back in April, Everything is very straight forward. Flat empty, but still no actual completion date, although now looking at end of this month,.
Think it is 'normal' these days to allow upto six months - which is disgraceful

Germanshepherdsmum Thu 18-Aug-22 08:27:56

Searches don’t have to take a long time - it depends on which company your solicitor is using to do them. What would concern me is that your solicitor hasn’t received a draft contract yet. That rings warning bells for me. You say it’s a probate sale. You need to get your solicitor to ask if probate has been obtained yet, and if not when it’s expected to come through. As the sellers are insisting the property stays on the market I suspect probate hasn’t been granted yet and if someone puts in a better offer in the meantime they may as executors have a duty to accept it.

Conveyancing only takes as long as delays in chains dictate.

Germanshepherdsmum Thu 18-Aug-22 09:07:18

Btw, have you actually got a qualified solicitor dealing personally with your sale and purchase or has the work been delegated to someone unqualified? This happens frequently. I ask because it sounds as though whoever is acting for you isn’t being proactive, and sending off for the searches before a draft contract and the title (which may flag up the need for extra questions on searches) are received is often a sign of just going through a set procedure rather than delivering a personal service. If matters are slow to proceed some searches may then need to be renewed - further expense. Sadly, conveyancing is often undertaken in a manner which brings the words ‘peanuts’ and ‘monkeys’ to mind.

Razzamatazz Thu 18-Aug-22 09:14:31

Nanagem, have you had a Memorandum of Sale from the Estate agent?

Shinamae Thu 18-Aug-22 09:24:24

My son bought a bungalow through a probate sale in March, we were very lucky that he got it at a good price because the vendor wanted to sell it to a local person! as it was quite straightforward we asked for the property to be taken off the market and the vendors agreed however when I looked on the estate agents website the property was still on there so I rang them and I said you need to take that off because it’s not even under offer the offer has been accepted, so they did do that. The searches took about six weeks in fact as everything was so straightforward I did wonder if they were stretching it out to justify their high costs!

GagaJo Thu 18-Aug-22 09:42:30

I was a cash buyer for a flat. Started the purchase in Febuary, took 5 months to go through.

I'm not sure why house buying takes so long now. The two houses we bought when my daughter was young went through in weeks. The first, in 4 weeks. The second, in 6 weeks.

muse Thu 18-Aug-22 10:38:33

My son was given two months notice on his rental flat last month so looked into buying as he's seen a house for sale with no chain. Both the solicitor and mortgage people said it would currently take a minimum of 4 months to complete but more likely to be around 6 if no complications. The property market is very buoyant at the moment so solicitors are probably working around the clock and searches taking longer than normal.

Germanshepherdsmum Thu 18-Aug-22 11:39:32

There is no reason why this should take so long, muse. I suggest your son speaks to another solicitor (not a conveyancing firm or anyone recommended by the estate agent) and another mortgage lender.

M0nica Thu 18-Aug-22 12:18:16

Solicitors usually have to be chased and kept up to the mark. My father died 15 years ago, we would still be waiting probate if we hadn't been prepared to chase the solicitor regularly. There would be a flurry of progress after each phone call and then he would hit his snooze button.

Germanshepherdsmum Thu 18-Aug-22 13:16:35

Some solicitors perhaps MOnica, as I’ve said to you before. By no means all. Your comments are unfair because you have no idea what else he was dealing with. Of course you wouldn’t still be waiting 15 years later. What a silly thing to say. Nobody ever had to chase me. Never. And boy was I busy, but no client knew how much work I had on apart from their own, which of course was all that mattered to them. I’m rather glad that I didn’t work for people with your attitude.

muse Thu 18-Aug-22 15:03:58

Thank you for your suggestion Germanshepherdsmum but my son didn't progress any further with a purchase. As I said, he only had two months to vacate the rental flat but did know from the experience I had many years ago that with my chain free purchase and a mortgage ready, I completed in 7 weeks. He was hoping for the same. It was also at a time for me when there were very few houses on the market in my area. As NotSpaghetti says, it does depend on the area. There are a huge amount of houses on the market where my son lives, most of which are snapped up very quickly.

There are quite a few on here saying that it was a lengthy process for them. Rightmove are currently saying it is taking on average 150 days to complete from when the offer is accepted.

My son's advice was from a solicitor and had prearranged the mortgage through his bank. I'm thankful he found another flat to rent before the two months was up.

M0nica Thu 18-Aug-22 16:00:17

I am sorry GSM, but this has been my general experience. When my sister died, the sorting of her estate was endlessly delayed to no purpose because my father, an ex-army officer worked on the army basis of 'You tell a a man to do a job and he does it'. If we haven't heard it is because there is a problem.

In the end my mother rang the solicitor and things started moving.

Germanshepherdsmum Thu 18-Aug-22 17:50:43

I can only think that your choice of solicitor hasn't been great, MOnica. You have said this before and I really do take offence at this 'general experience' slurring of a profession of which I was a proud practising member for over four decades. I think your father wasn't far off the mark. You seem to assume that if you hear nothing, nothing is happening. That is not a fair assumption. If you want, say, a weekly update, you must be prepared to pay for that. Give me credit for knowing rather more about the profession and the processes than you evidently do.

M0nica Thu 18-Aug-22 20:16:45

GSM My best friend(since schooldays) is a solicitor. I never availed myself of her skills during her working life, she specialised in personal injuries. She was long retired by the time this specialty was needed by us and were it not for the fact that she contacted us as soon as she heard of our DD's accident we would not have known that she could claim compensation, because the car that caused her accident drove off and was not identified. My DD's local personal injury solicitor was an exemplar. Giving DD (non-legal advice) on a number of ways of managing her disability and acting promptly and fast.

Unfortunately almost all our dealings have been with property solicitors and those dealing with probate, and they have almost all, been slow and dilatory.

I appreciate that most solicitors are excellent, but I can only comment on my experience of a range of different solicitors scattered round the country, working in these two specialties, whose service to us has been a long way less than satisfactory.

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Shinamae Fri 19-Aug-22 09:09:51

😂😂😂😂 reported!

Germanshepherdsmum Fri 19-Aug-22 09:16:17

First the Aussies, now the Kiwis - what is it about our Antipodean friends?!