In a lot of occasions, conveyancing when buying a property takes 6 to 8 weeks on the average. However, depending on situations, it could take really longer or maybe even quicker. Conveyancers in generally cannot tell their clients an exact date as to when the process will end – not because they don’t want to, but because there are usually a lot of things related to the transaction that could happen or bring in some delays.
Contrary to what a lot of people see on the telly where buying a property takes a few hours to sometimes just a couple of days, it actually takes a number of weeks in real life. Delays are often blamed onto conveyancers when in fact they might just want to appreciate their solicitor’s efforts to work on it as fast as they could. Conveyancers’ main priority from the beginning is their clients’ satisfaction and they tend to do everything they could to avoid the delays and anything that could break the deal – especially when they’re on a “no-move-no-fee” arrangement.
What can cause the delay?
Here are a number of factors that could cause delays in completing the conveyancing process:
- Delayed mortgage offers
- Delayed access to the property for the survey (provided by the seller)
- Structural issues shown by the survey results that need immediate attention or further investigation
- Delayed search request approvals and results.
- Sellers finding a new property to buy
- Interlinked transactions both on the seller and the buyer’s ends
- Property title problems
- Delays in getting answers regarding pre-contract questions
- Delays in obtaining documents and other details from third-party individuals and organisations related to the transaction
How can you avoid these delays?
Conveyancers work their best to make sure that unnecessary glitches are kept to zero or at a minimum. At least they should to that to avoid a lot of frustrated complaints from their clients. For instance, if a local council is known to take a while to provide Local Authority Search results, conveyancers may recommend an alternative to it or (at least) advise you of it – like a personal search or indemnity insurance.
It will also help if a seller instructs their solicitor before they found a buyer. They can make sure that the paperwork is in place and issues with other documents such as property titles are sorted ahead of time. This pushes the sale into completion seamlessly and as quickly as possible, as soon as a buyer is found and has made an offer.
However, no one can really guarantee a delay-free conveyancing process. For example, the seller may just pass away before completion, and this could just pose as much timeline problems. But when delays are caused by a third party individual or organisation, your conveyancer should be able to resolve the issues as soon as possible.
And since you know now how conveyancer will do everything to avoid and sort these delays, it’s safe to say you’re going to need to instruct someone based on these abilities and of course, your budget.