How Long Does Conveyancing Take With No Chain

Buying a house with no chain is faster than a house with a complex chain. It is not easy to specify exactly how long it will take you to conveyance when buying property. It could take weeks to complete the conveyancing process when you’re buying a house with no chain in the UK.

In most cases, the conveyancing process takes up to 6 months for those buying property in the UK for the first time. 

Also See: No Sale No Fee Conveyancing Solicitors

How fast you move into your new home will depend on how fast your conveyancer can complete. Therefore, when buying property in the UK, it is advisable that you only reach out to an experienced conveyancing solicitor to speed up the conveyancing.

What is a property chain?

A property chain is the number of sellers and buyers linked together because their transactions depend on each other.

Also See: Who Pays The Conveyancing Fees? The Buyer Or The Seller?

If there is a delay in one transaction, it affects all the other truncations automatically. Whenever you buy a property, you become a chain link, which can be problematic in delaying the sale and conveyancing.

In most cases, there are usually many people involved in a chain. This is because people like surveyors, estate agents, mortgage lenders, and conveyancers are involved when you’re buying any property in the UK. It means when one person in this chain, for instance, a surveyor, delays the process, it affects the entire conveyancing process.

It can take the longest time to conveyance in the UK if you don’t have the required documents beforehand. Therefore, you must reach out for help when buying property and follow professional advice.

Also See: Can I Buy A House Without A Deposit in the UK?

When buying property, you should find out if it is “chain free” by checking the details. A chain free property means that the property seller doesn’t need to buy another property when selling the old property. It also means they are not waiting for anyone on the chain before they can complete the transaction. For instance, if you’re buying property for the first time, you are a no-chain buyer.

What is the timeline for buying a no-chain property?

Usually, there is no specific timeline it should take to complete a no-chain house. However, being a no-chain house, the conveyancing process will likely be much faster. The timeline for buying no chain property is as follows:

  • Save money to pay the deposit 
  • Find the property that meets your needs 
  • Instruct your conveyancing solicitor 
  • Applying for a mortgage 
  • Ask the solicitor to arrange for a survey of the property
  • Exchange of contracts 
  • Complete the move
  • Moving day

At least eight weeks are needed to complete the conveyancing process. That said, buying property within a chain can take anywhere from 12 weeks to 6 months.

Also See: What Does A Conveyancer Do For The Seller?

Remember how long it takes to move in will depend on your financial situation; how prepared you were to buy this property. Any no-chain property should take you the shortest time to buy unless other issues drag the conveyancing outside the chain.

How to buy a property with no chain 

There is a lot to do if you want to buy a property with a chain in a record time. You can follow these tips to speed up the conveyancing process:

1 – Find a competent conveyancing solicitor 

When buying property in the UK, you should find a more competent and experienced solicitor. The solicitor should be dedicated to completing the move before they can take over with another client. If you hire a solicitor with a workload, they are most likely to lag you behind.

Also See: Top Rated Cambridge Conveyancing Solicitors

2 – Communicate with your solicitor 

You should keep an open line when conveyancing. It means you should be available when your solicitor needs you. Any delays in communication can slow down the completion. Therefore, you should keep a constant and consistent line of communication with your estate agent and conveyancing solicitor and provide feedback when needed.

3 – Get all the paperwork ready 

If you want to speed up the conveyancing of a no-chain property, you should have all the required paperwork ready. In most cases, you will be required to sign a lot of paperwork like final contracts and searches. You want to stay on top of this paperwork to complete fast.

4 – Compare removal quotes  

You should compare removal quotes early enough when buying a no-chain property. Since it will take the shortest time to complete, you want to be ready to move as soon as possible. Always prepare your moving date when buying a no-chain property as soon as possible.

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Final Thoughts 

How long it takes to conveyance a no-chain property in the UK depends on how fast your solicitor is. Therefore, you want to hire a competent and dedicated solicitor to speed up the conveyancing so you can move in sooner.