How long does it take to move?

19 July 2022

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Thinking about Christmas in a new home? You should probably start your search now, and here’s why…

According to Rightmove, from the moment a home has a sale agreed it currently takes an average of 150 days to get to the completion day. This is 50 days longer compared to 2019 (before the stamp duty holiday, when the market was deemed ‘normal’).

Why? Because of the backlog of work needing to be carried out during the conveyancing process (the legal side of things). There are currently a remarkable 500,000 homes sold subject to contract going through the process, which is a staggering 44% more compared to 2019.
 

How can I be in my new home by Christmas?

If you have a home to sell and want to move before the end of 2022, to put yourself in the best possible position, you need to get your home on the market before looking for your next one.

Rightmove have reported a 14% increase in properties listed for sale since summer 2021, along with an increase in valuation requests. This is great news for home movers as it means more choice is coming to the market.


 

Want to know how much your property is worth? Arrange a home valuation here.

 

Our Modern Method of Sale can get you from sold to complete in 54 days!

Modern Method of Sale is a revolutionary online property auction system that enables customers to sell their properties with greater speed of sale and certainty. The auction is similar to eBay; buyers can bid for a property online anywhere in the world.

When you choose to sell your home this way, there are zero estate agency fees to pay. The fee is paid by the buyer once their bid has been accepted, giving the sale more security.

The current average completion time is an incredible 54 daysContact us for more information.

 

How can I prevent delays when selling my property?

Having a mortgage in principle will tell a seller that you have the funds needed to cover the deposit and put you in a much securer position to make offers. Talk to us if you need advice.

Additionally our home conveyancing specialists are fast and efficient, helping make the moving process so much easier. We will keep you informed through email, phone or post – and you will also have 24 hour online access to your own case, so you can keep track of progress yourself.

Our Sales Progressor is on hand to help move your case along as smoothly and quickly as possible; but don’t forget you can contact your local branch at any point should you have any queries or require an update.

 

Want to know how much your property is worth? Arrange a home valuation here.

 

Sources:
Rightmove
iamsold

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