Do you really need to use a local solicitor? Is there a better way?
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How long will the whole legal process take ?
This is our most frequently asked question and sadly, there is no easy answer as it depends on so many factors. The most straightforward kind of sale is of an empty property to a cash buyer. This would probably take about 6 weeks to complete (from instruction to when the property legally changes hands). If the buyer needs a mortgage, this could add a couple of weeks to the process. If the seller is also buying a property, this could add another couple of weeks and perhaps even longer if there is a larger chain of connected sales. Further time delays could result from missing documentation, slow norwich solicitors and slow buyers and sellers. An average completion time is about 10 weeks.

Buy And Refurbish In A Risky Market
I speculate just how many people got caught badly in the downturn in the market, when they bought a property at what looked like a bargain price, spent thousands of pounds doing it up, in the vain hope of selling it on at a profit. Very many, I'm convinced! The question is... is there ,even now cash to be made? How can the danger be minimized? When you see a potential property, go get a norwich estate agent, or a few, and obtain an specialist opinion. How much is the home in actual fact worth now? How much will it be worth if it was made up to a good quality standard? Find a builder who is used to subbing out the many aspects of the renovation trade, and obtain a reasonable quotation for the restoration work. Now work out your probable proceeds, and weigh up how seriously the market would need to decline to obliterate that revenue, and land you in debt. Now you should have a realistic appraisal of the risk. Don't forget... it's simple to start going in excess of budget on the renovation. Make allowances for this! These are just a few suggestions... not advice! Good luck!