Buying a house timeline: When do you pay house deposit and stamp duty? Full timeline

Buying a house tends to be one of the biggest purchases in a person’s lifetime. And while the process is often lengthy and complex, it helps if you can get your head around it first and know what to expect. That way buyers will be less likely to be taken by surprise along the buying process, undoubtedly making your home-purchasing experience much easier.

The full timeline of buying a house

All in all, the buying process can take longer than one year until you have your new keys in your hands.

PHASE ONE

Start by looking for a property by researching the area you’re interested in, scouring estate agents and search websites.

If you’ve found a house you like and think you can afford it, tell the seller what you’re willing to pay and any conditions you have on the property.

This process all together should take between six weeks and eight months, but will inevitably vary case-by-case.

Next thing is waiting for the offer to be accepted. Once it is, you can get moving onto the next stage of the property process.

READ MORE: Britons spent £1,000 on home improvements since lockdown

source: express.co.uk


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