How Long Does It Take?
It is impossible to say how long the transaction will take but if everything goes to plan, the conveyancing process is usually between six and eight weeks. However, the length of time is usually dependant upon the number of people in the chain. The more people involved the longer the process will take. Also, it depends on how quickly a mortgage offer is issued and the length of time the local authority takes to return the search results.
How Will I Know What Is Happening?
At Hegarty Solicitors we appreciate how frustrating it can be waiting to hear about progress, so we make it a priority to keep you informed when there is activity on your transaction. We are happy to give you updates by email or on the telephone.
We also provide a free online monitoring service which we encourage clients to use. When you complete the instruction form tick the box for ‘online monitoring of your transaction’. We will email the log in details and website link to you. You will simply need to go to the website link and log in with the details supplied. The updates to your property transaction will be displayed in a list format. We use a secure server and the login will be unique to you so you can be sure no one else will be able to see your transaction details.
What Can I Do When Things Go Wrong?
Even with the best will in the world things can go wrong in the buying and selling process. More often than not these are factors beyond your or our control. When a transaction does fail the conveyancer will already have completed a proportion of work and therefore will charge for this, even though the purchase or sale is no longer going ahead.
At Hegarty Solicitors we realise that people feel disgruntled paying fees when the transaction has failed. We offer clients the opportunity to protect themselves against abortive fees with our no move no fee insurance.
Do I Need To Bother With A Survey?
If you are having a mortgage your lender will arrange a valuation survey on the property. This is a basic survey which is only for the benefit of the mortgage lender and will not consider the condition of the property in detail. Your home is one of the largest purchases you will make, it is sensible to ensure its condition is checked properly for potential problems by an expert so, whilst it is not obligatory, we always recommend you commission a Home Buyers report or full structural survey yourself. To find local surveyors in your area ask for recommendations from friends & family or your conveyancer will be able to provide some contacts for you.