FTB timeline from viewing to completion
FTB Timeline £365,000 95% LTV, Halifax 5.16%. 2 months and 16 days from viewing to completion.
The seller was purchasing a new build that was practically ready when we viewed our soon-to-be house, which has massively helped with the timeline below, and both parties were motivated to get everything done ASAP! Best of luck if you're going through the process!
- 3:30 pm - 08/Nov - First call to EA requesting viewing.
- 1:00 pm - 09/Nov - Offer made - back and forth calls until…
- 4:30 pm - 09/Nov - Offer accepted.
- 11/Nov - EA financially qualifies us both, Level 2 Survey booked in
- 14/Nov - Mortgage application submitted with Halifax
- 14/Nov - Recieved solicitors contract/new client pack
- 15th Nov - Memorandum of sale issued, property marked ‘Sold STC’
- 15th Nov - Solictior documentation/contract signed & returned
- 16th Nov - Second viewing
- 19th Nov - Halifax carry out an in-person valuation
- 19th Nov - Mortgage offer received.
- 20th Nov - Solicitors fully instructed & inital payment sent.
- 22nd Nov - Searches started.
- 25th Nov - Level 2 survey carried out.
- 2nd Dec - Survey results returned, we requested the repair of the bathroom extract only & sale moving ahead.
- 6th December - Council searches returned.
- 9th December - Contract pack received from seller solicitors.
- 10th December - TA6, Property info form & F&F returned from seller.
- 11th December - Draft contracts & mortgage deed signed & returned to solicitors.
- 11th December -No inquiries raised, only a new EPC is required. Awaiting proposed exchange and completion dates…
- 11th Dec - Sent Moneybox my solicitors details, partner does same.
- 17th December - New EPC carried out.
- 17th December - Exchange post Christmas/holidays, Completion date of 24th January agreed.
- 4:15 pm 20th January - exchanged
- 24th January - completion :)
FEES
Solicitors - £1,422.50 (local to us)
L2 Survey - £458.00 (HouzeCheck)
Halifax fee - £1,099.00
Adhoc verification of docs, postage etc approx £40.00