From: Neil Jones
Newsgroups: uk.finance
Subject: Re: Exhange of contracts to completion: time period
Date: Tue, 16 Nov 2004 03:48:50 -0000
In article ,
chris_blunt@despammed.com says...
> On 15 Nov 2004 12:18:09 -0800, bruce_phipps@my-deja.com (bruce phipps)
> wrote:
>
> >I'm a first time house buyer, located in the North of England.
> >My house purchase is going very smoothly so far -- survey was OK,
> >mortgage offer has been processed OK, seller is not in a chain and can
> >vacate ASAP.
> >We are now coming up to exchange of contracts.
> >What is the usual length of time between exchange of contracts and
> >completion in England? Is 2 weeks OK in my situation?
>
> 2 weeks is normally about the minimum. We exchanged contracts on my
> property on July 28th, with completion taking place on August 12th.
>
> Chris
>
>
The minimum is nothing, or, in other words, exchange and completion on
the same day.
While traditionally there is a gap of 4 weeks or so between exchange and
completion, these days anything goes, so ask your solicitor.
Neil
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