How long to buy

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11 Oct 2017 12:05 by johnand Star rating. 3 posts Send private message

Hi, can anyone advise roughly how long a house purchase should take to complete. Thanks





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11 Oct 2017 12:26 by acer Star rating. 1049 posts Send private message

That's a bit of a "how long is a piece of string" question.  But as always it depends on the parties involved - if they are really want a quick exchange and there are no finance issues/requirements it can be completed in a few days.  But generally the process will be slowed by checks on title, searches, debts etc.

In Spain solicitors play a far smaller role, sometimes not at all involved and often one firm acts for both parties and the process is overseen by a notary.  The procedure is far simpler than UK, but IMHO not necessarily a good thing.

Of course the type of property will be an important factor in the speed of the transaction and the registration, or absence of such at the Land Registry.  Mine have varied between a week and a month, so in my experience considerably quicker than UK - there's far less paperwork, no Law Society form filling, in fact little at all in writing.  But massively more trust required and potential problems in the process.





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11 Oct 2017 12:34 by Carbray_Lawyers Star rating in Spain. 7 posts Send private message

Hello,

It is a fairly generic question since depending on how you carry out the whole process can be quite long or in a matter of weeks to have all solved.

In our office we solve the purchases of real estate very quickly.

If you have any other doubts do not hesitate to contact us, you will be advised by real estate experts.



_______________________
Carbray - www.carbray.es - +34 934 880 972



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11 Oct 2017 13:16 by windtalker Star rating. 1204 posts Send private message

Approximately 6 weeks ..if the property you are buying is vacant ...if it has a Tennant or a owner occupier ...they could be taking their time moving out ...but personally if is taking anymore than 6 weeks to go throug that usually  means   problems on your side or theirs...you lawyer should be keeping you informed.

 


This message was last edited by windtalker on 11/10/2017.



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