During the process of buying a property, your solicitor will raise enquiries with the seller’s solicitor. This is a standard part of the buying process and is done in order to ensure that any potential issues are dealt with prior to Contract Exchange.
What does Enquiries mean when buying a house?
Conveyancing enquiries (or simply enquires) are the questions raised by the Conveyancer acting for the buyer in a property transaction.
How long do Enquiries take when buying a house?
How long do solicitors enquiries take? The time scale depends on how responsive the involved parties are to the enquires. However, the process will usually take around 1-4 weeks. More complex sales will take longer.
What Enquiries do solicitors raise when buying a house?
The types of enquiries that your solicitor might raise in this area include:
- When was the property rewired last and has it been rewired in line with current industry requirements?
- Asking whether the property has ever suffered from: Flooding. Subsidence. Structural defects. Drainage issues.
How long does it take from Enquiries to exchange of contracts?
A transaction that would be considered quick would still typically take around 2-3 weeks from enquiries to exchange of contracts. A more typical transaction will take anything from 4-8 weeks after enquiries have been completed to reach exchange of contracts. Many take longer.
What is raising Enquiries after searches?
Enquiries are one of the earliest steps in the conveyancing process, raised after the buyer’s conveyancer receives the contract paperwork from the seller’s conveyancer.
What comes first search Enquiries?
When the draft contract papers are received, your solicitor will order searches (such as the local search, environmental search, water and drainage search, flood report) and will raise any necessary enquiries of the seller’s solicitors based on the draft contract and supporting documents received.
How can I speed up a solicitor to buy a house?
One way to speed up solicitors is to buy a property advertised as ‘Contract Ready’. This is a sign to show buyers that the vendor is committed to a quick sale. It also means your solicitor will have less work to do.
Will my solicitor tell me when we exchange contracts?
Once satisfied that everything is in order and mortgage instructions from your lender have been received, your solicitor will call the seller’s solicitor to exchange contracts. … You will be notified by your solicitor of exchange.
How long does it take to exchange contracts when buying a house with no chain?
If there is no chain involved in the buying process, you can normally expect to complete within approximately three months.
How long do searches and Enquiries take?
The time between conveyancing searches and exchange of contracts is typically between 1 and 3 weeks. Although this may seem like quite a long time, you’ll be pleased to know that you’re on the home straight!
What are the stages of conveyancing?
What Are The Different Stages of The Conveyancing Process When Buying?
- Step 1: Instruct a conveyancing solicitor. …
- Step 2: Arrange a Property Survey. …
- Step 3: Conduct property searches. …
- Step 4: Exchanging the contract. …
- Step 5: Purchase completion. …
- Stage 6: Post Completion.
How long does it take a solicitor to raise Enquiries?
The time scale for solicitors enquiries depends on how responsive both parties and the respective buyers and sellers are. They will typically take 1-4 weeks depending on the complexity of the sale. If the enquiries take longer than this it’s worth chasing up your solicitor.