Timescale For Buying A House

Timescale for buying a house will differ from several weeks to several months. Typically, house hunting is the longest stage, and it will be impossible to put a timeframe on that - after all, a lot will depend on your expectations, budget, and simple luck. Plus, even before you start house hunting, you will have to talk to your bank to determine if you can be approved for the loan, and how much money you can expect to borrow. Unlike house hunting, which is a time indefinite process, this will not take you more than a couple of hours.As soon as you find a house you would like to buy, there are a couple of other stages that determine the timescale for buying a house. The order and timelines are as follows: Week 1: making an offer After you find a house you like, you make an offer to the seller. If he /she accepts, the property in question is considered under survey. No one makes any commitments at this stage – both you and the owner can cancel the deal any time, without any explanations. If you are really interested in the property you should start looking for a solicitor –...