So, you’ve decided to sell your house. It’s a big step, and one of the first questions that probably springs to mind is, “How long is this all going to take?” As a conveyancing solicitor, we’ve guided countless clients through this journey, and while there’s no crystal ball, we can give you a realistic idea of the timelines and, more importantly, share some insider tips on how to keep things moving smoothly.
The “Average” Timeline: A Rough Guide
If you search online, you’ll see various figures, but generally, the entire process from putting your house on the market to handing over the keys can take anywhere from 3 to 6 months, sometimes longer. Let’s break that down:
- Pre-Listing (1-4 weeks): This is your prep time. It involves getting valuations, deciding on an estate agent, preparing your home for viewings (you’ll find some great tips here on how to prepare your home for sale), and, crucially, instructing a solicitor. Many people wonder when they should instruct a conveyancing solicitor, and our advice is always: the sooner, the better.
- On the Market (4-12 weeks, but highly variable): This is how long it takes to find a buyer and accept an offer. It can depend heavily on market conditions, your asking price, and how well your property is presented.
- Offer Accepted to Exchange of Contracts (8-16 weeks): This is where the bulk of the legal work, or conveyancing, happens. It involves:
- Exchange to Completion (1-4 weeks): Once contracts are exchanged, the deal is legally binding. Completion is the day money changes hands and keys are released. The gap between exchange and completion is agreed by both parties. Knowing how to manage completion day and how to prepare for it can reduce stress.
Remember, these are just averages. Some sales fly through, others hit unexpected snags.
What Can Slow Things Down?
Several factors can influence the speed of your sale:
- Market Conditions: A buyer’s market might mean your property is listed for longer.
- Property Type and Price: Unique or very high-value properties might have a smaller pool of potential buyers.
- The Dreaded Chain: If your buyer needs to sell their own property, or you need to buy another, you’re in a chain. The longer the chain, the more potential points of failure or delay.
- Efficiency of Professionals: Slow solicitors or unresponsive parties elsewhere in the chain can cause hold-ups. This is why you should use a trusted solicitor for your conveyancing who is proactive.
- Mortgage Lenders: Their processing times can vary.
- Survey Issues: A bad survey can lead to renegotiations or even the buyer pulling out.
- Legal Complexities: Things like unclear titles, missing planning permissions, or restrictive covenants can take time to resolve. Understanding the common challenges in residential conveyancing can help you anticipate some of these.
Our Top Tips for Speeding Up Your House Sale
While you can’t control everything, you can definitely take steps to grease the wheels:
Get Your Ducks in a Row EARLY:
Instruct Your Solicitor ASAP: As mentioned, do this when you decide to market, not when you get an offer. We can then get a head start on preparing the contract pack and gathering essential information. Understanding what a conveyancer does for the seller will show you how much groundwork can be done upfront.
Gather Your Paperwork: Find your Energy Performance Certificate (EPC) – you’ll need to know what an EPC is and why you need it. Also, locate any gas safety certificates, electrical installation certificates, planning permissions for extensions, building regulation completion certificates, and guarantees (e.g., for new windows or damp proofing). The more you have ready, the fewer delays later.
Complete Property Information Forms: Your solicitor will send you these (TA6 and TA10). Fill them out accurately and comprehensively as soon as you receive them.
Choose the Right Team:
Estate Agent: Pick an agent who is proactive, knows the local market, and has a good track record of progressing sales.
Solicitor: Choose a conveyancer who is communicative, efficient, and ideally, recommended. Don’t just go for the cheapest. Consider if you need a local conveyancer for your property transaction; sometimes local knowledge can be beneficial, but a good remote solicitor can be just as effective.
Price Realistically: Overpricing can mean your property sits on the market for longer, leading to a stale listing.
Be Proactive with Potential Issues:
If you know of any minor repairs needed, get them done. Addressing things that can devalue your property and fixing them beforehand can prevent them from becoming sticking points later.
Be upfront with your solicitor about any known issues or disputes.
Be Responsive:
Reply to queries from your solicitor and estate agent as quickly as possible.
Sign and return documents promptly.
Consider Your Buyer’s Position:
A chain-free buyer or a first-time buyer often means a quicker transaction.
Encourage your buyers to have their mortgage agreement in principle sorted early.
Be Flexible (Where Possible):
If you can be a bit flexible on the completion date, it can sometimes help keep a chain together.
Selling a house is a marathon, not a sprint. But by being prepared, organised, and working with the right professionals, you can significantly improve your chances of a smoother, quicker sale. We’re here to help navigate the legal complexities and keep things moving forward for you.