How long will this take?
RESIDENTIAL CONVEYANCING – HOW LONG WILL IT TAKE?
How long it will take from instructing us until you move will depend on many factors which can potentially increase or decrease the average timescale of 6-10 weeks for a sale/purchase. The date for completion will need to be agreed by parties in the chain on exchange and you should not make any definite moving arrangements until we have confirmed the completion date upon exchange of contracts.
Factors which may increase an average timescale:
1. Leaseholds/management company involved
2. Longer chain
3. Mortgage(s) or bridging finance required
4. Lease extensions or deeds of variation required
5. Defects in title, including complex unregistered titles
6. Any party being slow to provide or return information/documentation
Factors which may decrease an average timetable:
1. Freehold transactions, particularly involving first time buyers or where there is no onward chain
2. Auction transactions
3. Short chain
4. Parties providing or returning information/documentation promptly
The above list is for illustration only and is not exhaustive. We always endeavour to progress every transaction as smoothly and quickly as possible on behalf of all our clients but occasionally there may be issues outside our control. Should we become aware of any reason for a delay we will advise you. The various stages involved in the conveyancing process are set out within our costs information.
Heringtons is the trading name of Heringtons LLP which is a limited liability partnership registered in England and Wales (registered number OC374843) and which is authorised and regulated by the Solicitors Regulation Authority (registered number 569513). Registered office: Bank Chambers, High Street, Rye. TN31 7JR We use the word “partner” to refer to a member of the LLP and our use of that word does not imply any legal obligation beyond that of a member of the LLP. We use the word “lawyer” to refer to any person providing legal services whether or not he or she is a qualified professional. Our professional indemnity insurers are AmTrust Europe Limited of No 2, Minster Court, Mincing Lane, London EC3R 7BB and the territorial cover of that insurance is worldwide