Navigating the journey from conducting a house survey to the ultimate completion of a property purchase can be a thrilling yet intricate process. At Survey Network, we understand the anticipation and eagerness that accompanies the final stages of acquiring a new home or investment. Therefore, we're here to shed light on what you can typically expect in terms of timeline, and how you can influence the efficiency of this process.
Understanding the Survey to Completion Timeline
1. Completion of the Survey
Once your offer on a property is accepted, the first step is to arrange for a house survey. This is where Survey Network comes in, offering a range of surveying services from basic evaluations to detailed inspections. The time it takes to schedule and conduct a survey can vary, generally taking anywhere from a few days to a couple of weeks, depending on the availability of qualified surveyors and the type of survey required.
2. Receiving the Survey Report
After the survey is conducted, the next step is receiving the report. At Survey Network, we pride ourselves on efficiency and technology-driven solutions like GoReport, which allow us to deliver survey results promptly. Typically, you can expect to receive your survey report within 3-5 business days after the survey has been completed.
3. Addressing Survey Findings
The contents of the survey report may dictate your next steps. If issues are found, this could lead to further negotiations with the seller to address repairs or adjust the purchase price accordingly. This negotiation process can add time to the overall timeline, ranging from a few days to weeks, depending on the severity of the issues and the responsiveness of the parties involved.
4. Final Steps to Completion
Once any issues are resolved, the final legal work begins. This includes finalising your mortgage offer, conducting local searches, and completing the conveyancing process. The duration of this stage can vary significantly, generally taking anywhere from several weeks to a few months. During this time, having a proactive solicitor and maintaining open lines of communication with all parties can greatly influence the speed of these final steps.
How to Speed Up the Process
- Choose the Right Surveyor: Working with a responsive and efficient surveying company can reduce delays in scheduling and reporting.
- Stay Informed: Understanding the findings of your survey and what they mean can help you make decisions quicker, especially when it comes to negotiations or required repairs.
- Communicate Effectively: Keep in touch with your solicitor, mortgage lender, and estate agent. Prompt responses to requests for information can prevent unnecessary delays.
Conclusion
The timeline from house survey to completion can vary widely based on several factors, including the findings of the survey, the efficiency of the parties involved, and the complexity of the legal process. At Survey Network, we are committed to ensuring that our part of the process — the surveying — is handled swiftly and professionally, setting the stage for a smooth journey to property ownership.
For more insights into property surveying and expert advice, visit us at Survey Network where we make every step of your surveying needs clear and manageable.
If you have any questions feel free to get in contact here or if you're ready to get the ball moving, book a survey with us here.