2007-01-02 21:28:09 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
In England, we had the house valued and had an offer the same day, the survey been done today, and they said it would be sent to their bank today
2007-01-02 21:42:29 · update #1
once the mort val survey has been done. it takes 2 -3 weeks for the report to be written.. Then they send it to the lender..... your solicitor will get a copy and will raise additional enquiries to do with anything that they have found in the survey. Damp etc this can take some time as other specialist surveys may need to be booked... once this is all agreed the mort offer needs to be out ..... the exchange dates discussed ... Make sure the locals searches are back and your solic will then request deposit funds from you... ( dont give him a standard cheque ) TT the money across to him.... All in all the standard Sale/Purchase should take no longer than 3 months....
2007-01-03 01:11:37 · answer #1 · answered by Fox Hunter 4 · 0⤊ 0⤋
it depends on both sides. Both sides have to be ready to exchange then it takes about a month to complete. Land Registry stuff can be a pain if there is discrepinces in the title of the property. But i reckon on average it takes 6 months to buy or sell a house.
Goodluck x
2007-01-02 21:35:36 · answer #2 · answered by london lady 5 · 0⤊ 0⤋
Scotland or England?
2007-01-02 21:38:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋