So once again the buying and selling property process demonstrates why it takes so long to buy and sell a property. When solicitors were engaged 4 weeks ago, I had assumed that they would be getting all of their things in place whilst the mortgage application was going through. That would mean, once approved it would be simple to exchange and any delays they came across could be sorted out whilst the application and survey were going on.
Well how stupid to think that would be the case. Those early weeks were effectivley dead weeks. We have found out now that only last week were searches requested and it turns out that one is still waiting to come back and the Environmental search has been referred. No one can tell us exactly what this means but our solicitor says this can sometimes happen and is not unusual and could be related to things such as the Electricity sub station we have at the end of the garden.
That is all fine and will be sorted out but an exchange next week is now unlikely even though the mortgage offer is now through.
Here is an idea, why not carry out the searches early on, giving time for these delays to be sorted and not have an impact on the end of the process.
The whole thing seems to be poorly organised and structured and a simple transaction such as ours, takes 50% longer, in my view, than it needs to. I would hate to be in a chain with buyers and sellers with all sorts of problems if this is what it is like for a straight forward sale.
The buying and selling of property needs an overhaul in my opinion.
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