When selling or buying a property, the process of transferring the ownership of your property legally to the buyer is the phase known as “conveyancing.” It all starts when the buyer makes you an offer and ends when the keys are handed over. A fact that we all have to accept is that this process can take a longer time than we would expect. It gets all frustrating as we wait for each step to be approved, agreed and so forth. In some cases, the length can take a longer time and makes us wonder if it’s really worth it all, but there are some ways to ensure that the frustration doesn’t get so great that you feel like taking a step back.
In London’s competitive property market, finding the right house of your dreams is just the first hurdle. To ensure that you turn the key to the front door, you will need to be able to make the move quickly to secure the property. For this stage, you may need to consult experts in the industry such as the ones at Fish Need Water.
The process of conveyancing can be a straightforward one, yet can also be a long-winded process that is full of surprises. While there is no guarantee on how long it can actually take, if you wish to speed up the process of a quick house sale, there are some steps of tips you need to keep in mind.
You may need to consult experienced estate agents or implement some tips on your own. No matter what you choose, here are few ways to make sure the frustration never gets so unbearable that you feel like just walking away.
The Normal Duration of House Sales
Know that freehold properties may take around or over five to six weeks to complete (this can vary), whereas leasehold properties might take double of that time, assuming everything goes smoothly. However, a chain sale, where the purchase of one house depends on the other sale of another may cause untold amounts of frustrations, especially if the sale of the latter house depends on the sale of another and so on down the chain.
The sad thing is there is not much one can do about this process, as it is very complicated and requires a lot of communication back and forth, which takes most of the time. However, there are several things that you can focus on to help minimize the frustration and ensure the process of selling or buying a new home comes along smoothly.
Communication Plays an Important Role
Often, it can be a good idea to take the reins from your estate agent when it comes to communication between the sellers and the buyers. This is true when issues tend to arise, causing a delay in the process. If you rely on your solicitor or estate agent to relay answers to questions and other kinds of information, then the issue could probably add weeks to the process. However, a face to face meeting between involved parties can help to clear any issues in a timelier manner.
Make Sure Your Solicitors and Estate Agents are Active
It is important to ensure that instead of sitting on problems, the estate agents and solicitors proactively try to solve them through proper communication between parties. An unfortunate truth is that some solicitors and estate agent firms may be understaffed or overworked. Properly researching client satisfaction with a firm before finally employing them is one way to make sure you make the right choice. It also depends on you to keep in good communication with them to ensure they are not sitting on problems in the hope that they go away on their own. Be sure regarding their behaviour and then choose them.
Work With Your Estate Agent
Along each step of the way, it is important that you make sure your estate agent is aware of your situation too. You can speed up the process by having both trustworthy and reliable solicitor and estate agent in place prior to buying or selling. You should also communicate your desired timeframe for the sale of the house to either the seller or the buyer. Check on all the documentation by calling the solicitor within 48 hours of sending it to ensure that it has been received by who needs to see it.
Make sure that you take the advice of your East Dulwich estate agents seriously, as they know everything about the local property and the rules to follow. Selling a home or buying one, unfortunately, will still take several weeks before the sale completes, but if you follow these tips, you can be sure that the selling or buying process goes as smoothly as possible within the shortest possible time.