Typical time scale for buying a house

Typical timeline for buying a house

  1. Find a property:
  2. Research the area, scour estate agents and search websites.
  3. Put in an offer:
  4. Tell the seller what you’re willing to pay and any conditions.
  5. Offer to exchange: 2 to 6 weeks
  6. It’s accepted:
  7. Now get a survey to check the property’s condition. Your solicitor checks any legal issues
  8. Exchange:
  9. You pay your deposit and can’t back out without major cost.
  10. Exchange to sale: instantly to 4 weeks
  11. Completion:
  12. You hand over the rest of the cash in exchange for the keys and deeds. The property’s now legally yours.

 

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