Sequence of events in a sell/buy scenario

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We currently have our house on the market and are interested in putting in a bid on another. So far we’ve had our BER done and are arranging a valuation on our current house with our mortgage provider. I can’t recall what sequence the next steps take though. If our bid was accepted on the other house (which I don’t think it will be), at what point do we arrange for a structural survey?

The house we’re bidding on is also empty (was rented) so the seller probably wants rid in a timely manner. Given that ours is only just gone on the market, does anyone have any strategy for reducing the timegap between selling and buying?

Lastly, the house needs some work and we'd like to get a builder to quote this? There shouldn't be a problem arranging with the estate agent for the builder to visit to property should there?
 
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"at what point do we arrange for a structural survey?"

Only when your bid has been accepted. I also take the view that if it has been extended that you should wait until contracts issue to see the planning documents or, in the alternative, ask for them before the surveyor goes out.


"does anyone have any strategy for reducing the timegap between selling and buying?"

There is only one factor to take account of - finding a buyer! Without a buyer you are going nowhere. And, preferably, a cash buyer.



"There shouldn't be a problem arranging with the estate agent for the builder to visit to property should there?"

No problem unless the estate agent is busy, has loads of offers and is not inclined.

mf
 
Newbie! said:
We currently have our house on the market and are interested in putting in a bid on another. So far we’ve had our BER done and are arranging a valuation on our current house with our mortgage provider. I can’t recall what sequence the next steps take though. If our bid was accepted on the other house (which I don’t think it will be), at what point do we arrange for a structural survey?

The house we’re bidding on is also empty (was rented) so the seller probably wants rid in a timely manner. Given that ours is only just gone on the market, does anyone have any strategy for reducing the timegap between selling and buying?

Lastly, the house needs some work and we'd like to get a builder to quote this? There shouldn't be a problem arranging with the estate agent for the builder to visit to property should there?
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My recent house sale suggests that once the potential buyer has put down a deposit and has finance (mortgage) arranged, it still takes between 10 and 12 weeks for the process to complete. There were no complicating or delaying factors in the sale process. I would not bid on another property until the sale process of your own house is complete.
 
As always MF1, thank you.

Eithneangela, thank you also however just to query with you; if the sale took 10-12 weeks to close, would it not be reasonable to assume that the purchase might also take that long? This is the first house we've seen in 6 months with promise and in our price bracket.
 
We bid on a house & had our offer accepted with the seller knowing that we would have to sell our house to buy theirs. We agreed that if they accepted our offer we would have our house on the market the next week & we did.
In the end we were sale agreed on our house six weeks before our vendor even issued contracts to us.
There are no hard rules.
 
We sold and bought recently. Our house was sale agreed before we put in an offer on this house. As someone said the whole process takes about 12 weeks anyway. Your solicitor is dealing with the buying and selling so he/she will tie it all together for you.All contracts were finalised on the same day- those dealing with our house we were selling first,then those for the house we bought. One or two minor delays along the way but nothing serious. Structural survey once deposit paid/house gone sale agreed on both ends.
 
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