Do you really need to use a local solicitor? Is there a better way?
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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 home at what looked like a bargain price, spent thousands of pounds doing it up, in the futile anticipation of selling it on at a profit. Very many, I'm in no doubt! The question is... is there ,in spite of everything cash to be made? How can the danger be minimized? When you see a potential property, go get a scawton estate agent, or a few, and get an expert view. How much is the home in fact worth at this time? How much will it be worth if it was made up to a nice condition? Find a builder who is used to subbing out the many aspects of the renovation trade, and acquire a genuine quotation for the renovation work. Now work out your probable proceeds, and gauge how gravely the market would need to dip to remove that return, and land you in debt. Now you should have a realistic appraisal of the risk. Don't forget... it's simple to start going over financial plan on the overhaul. Make allowances for this! These are just a few suggestions... not advice! Good luck!

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 bigger chain of connected sales. Further time delays could result from missing documentation, slow scawton solicitors and slow buyers and sellers. An average completion time is about 10 weeks.