Residential Sale Pricing

Time Scales

For any transaction, the timescales are subject to change depending on when your offer is accepted and other factors involved, such as:

  • Number of parties in the chain
  • Whether the buyer has a mortgage in place
  • Whether the buyer requests lease extension for a leasehold property
  • Whether the searches flag up any issues
  • Whether buyer’s Survey shows up any issues
  • Buyer’s Enquiries

A typical transaction will take between 6-8 weeks. However, if any of the above apply or there are other factors we need to take into consideration, it may increase the time and additional charges may occur. We will discuss this with you at the earliest opportunity, so you always have a clear picture of how long things are likely to take.

Key Milestones

With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:

  • Taking your instructions and giving initial advised based on the information you have provided
  • Checking finances are in place for the buyer to fund the purchase
  • Drafting contracts of sale and any other necessary documents and reviewing these with you
  • Sending the contacts of sale to the buyer’s solicitor and dealing with any enquires they have
  • Providing advice on all documents and information received
  • Finalising the contract and sending to you for signature
  • Agreeing a completion date (the date from which the buyer will legally own the property)
  • Exchanging contracts and notify you that this has happened
  • Completing the purchase