Turners Oak
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Your selling timeline

A typical selling timeline in England, showing the main steps from marketing until completion. Every sale is unique - but this gives you a clear picture of what lies ahead.

15–36 weekstypical total time from marketing to completion
1

Marketing stage

Typically 5–16 weeks
1

Prepare for marketing

Perhaps some decluttering, minor repairs, gathering paperwork. EPC commissioned.

2

Begin marketing

Photographs, floorplan and property details  produced and home placed on the market.

3

Viewings

Viewings arranged and take place. Feedback and updates discussed.

4

Accept offer and sale agreed

Offers negotiated and sale agreed.  Memorandum of Sale is produced and the legal stage begins.

2

Legal stage

Typically 10–20 weeks
1

Legal enquiries and searches

Your buyer's solicitor raises enquiries and commissions local authority searches.

2

Buyer's mortgage and survey

If your buyer is getting a mortgage a mortgage valuation will be carried out. Your buyer may also have a survey conducted.

3

Contract negotiations

Solicitors work through enquiries and any conditions of sale. There may be further negotiations or points of clarification.

4

Exchange of contracts

Buyer pays deposit. Both parties are legally bound and cannot withdraw without significant financial penalty. A completion date is set.

5

Completion

The sale completes and purchase funds are transfered. You are no longer the legal owner. Keys are handed over.

!

Around 1 in 3 sales agreed in England collapse before exchange

There are things you can do to reduce this risk: instruct a good solicitor before agreeing a sale, and make sure your estate agent carries out proper due diligence on any potential buyer - confirming not just their ability to purchase, but their motivation to see it through.

A note on chains

A chain is a sequence of linked property sales and purchases, each dependent on the one before it. When a property is also being purchased, the legal stages above occur simultaneously for both transactions. The more links in the chain, the more precarious things can become.

Not sure what a term means?

Our jargon buster explains the words and phrases you are likely to come across in plain English.

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Want to talk through what this means for you?

Every sale is different. We are here to help you understand your own situation and what to expect.

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