Question: How Quickly Can A House Sale Go Through With No Chain?

If there is no chain and the buyer has cash readily available, it should take no longer than 8 weeks (60 days) from offer acceptance to completion.

How quickly can house sale go through?

There are certain factors that can speed up or delay the completion of a house purchase/sale, but ordinarily we would expect a straight forward transaction to complete within 6-8 weeks of the sale/purchase being agreed and solicitors being instructed.

How long does the conveyancing process take?

The conveyancing process

The time frame from first instructing a conveyancer to actually moving into your new home typically takes somewhere between eight and twelve weeks. However, it’s important to remember that this is just an average.

Do Solicitors charge if house sale falls through?

Answer: Some solicitors do not charge a fee if a purchase fails to complete, although they will charge for disbursements incurred, such as search fees. You withdrew at the stage when you were about to exchange contracts and so your solicitor would have carried out a large part of the legal work by then.

How long does it take to move into a house after your offer is accepted?

The process is just getting started when your offer is accepted. It can take up to 45 days, or sometimes even longer, to close on your new home after your purchase offer is accepted. At first, you’re just hoping for good news.

How long does it take to move house once offer accepted?

Moving house can take anywhere between 8 weeks and 22 weeks.

Moving House ProcessLength of Completion
Mortgage Approval5 Days – 8 Weeks
Selling Your Home4 – 10 Weeks
Finding Your New Home1 – 10 Weeks
Making an Offer1 – 2 Weeks

3 more rows

How long does a property transfer take?

On average, the process takes around three months from the date of sale until the property is registered in the new owner’s name. However, certain external aspects can delay the process such as waiting for a stipulated condition in the contract to be fulfilled or obtaining a rates clearance certificate.

How long do solicitors take after searches?

As a rough guide, searches typically take around two to three weeks to complete, but remember that their results may prompt your solicitor to make further enquiries.

How can I speed up a solicitor to buy a house?

Top tips for pushing your house purchase through as quickly as possible

  • Get your finances sorted. Arranging a mortgage can take several weeks, so it makes sense to start the process early.
  • Book your survey early.
  • Identify issues early on.
  • Speed up those searches.
  • Manage the chain.

Can you sue if house sale falls through?

Once contracts have been exchanged, the buyer is legally committed to paying the price stated in the contract. If the buyer pulls out of the sale after contracts were exchanged, you can sue them for any loss this causes you and you may be able to keep the deposit. You will need to get legal advice.

Do sellers have to clean the house?

Most sellers take special steps on their own to present the home in acceptable condition if there’s no legal requirement to clean the property before moving out.

What happens if a house sale falls through after exchange?

A buyer or seller can pull out at any point up to exchange of contracts, without having to pay any damages to the innocent party. If a buyer or seller pulls out after exchange of contracts, the party in breach will be liable for damages and will forfeit the deposit provided on exchange.