Why Does it Take 121 Days to Move into a Bolton Home?
Buying or selling a home is often one of the most significant transactions people make, yet the process in England and Wales remains frustratingly slow. You find the home of your dreams, you make an offer, it is negotiated, and a price is agreed.
Why Does it Take 121 Days to Move into a Bolton Home?
Buying or selling a home is often one of the most significant transactions people make, yet the process in England and Wales remains frustratingly slow. You find the home of your dreams, you make an offer, it is negotiated, and a price is agreed. Yet once a sale is agreed, it takes an average of 118 days—nearly 17 weeks—for legal completion to take place for a home in the UK. That’s more than four months of uncertainty, stress, and potential financial risk for buyers and sellers alike.
To put that into perspective, the same process took just over 10 weeks in 2007 and 7 to 8 weeks in the 1990s. The delays have continued to worsen over time, making the system feel increasingly outdated in an era where digital solutions should be making things faster, not slower.
Also, don’t forget nearly 1 in 4 (23.94%) UK homes that have a sale agreed (Sold STC) fall through before legal exchange of contracts and completion on them.
The Key Causes of Delays
Several factors contribute to the sluggish pace of property transactions. Some of these issues are systemic, while others stem from choices made by buyers, sellers, or their representatives. Understanding them is the first step to minimising delays.
1. The Outdated Conveyancing Process
The legal process of transferring ownership—conveyancing—remains one of the biggest obstacles. Unlike in Scotland, where much of the work is done before an offer is accepted, in England and Wales, the process only begins after a sale is agreed. This means vital information is often not gathered until weeks, or even months, into the process.
The time between pre-contract enquiries and receiving replies has more than doubled since 2007, rising from just under four weeks to nearly nine weeks. Despite improvements in technology, the process remains complex and fragmented, with no signs of timelines decreasing.
2. Solicitor Workloads and Efficiency
The legal professionals handling transactions often work with high caseloads, balancing multiple sales at once. Many firms operate on tight margins, which leads to overworked conveyancers who can struggle to provide the level of service buyers and sellers expect. Delays in responding to enquiries or missing paperwork can add weeks to the process.
Mortgage processing times have also worsened. It now takes nearly nine weeks from instructing a conveyancer to receiving a mortgage offer—up from approximately five weeks in 2017.
3. Chain Dependencies
Property chains remain one of the most fragile elements of the buying process. A single delay anywhere along the chain can ripple outward, derailing multiple transactions. When one party pulls out, the entire process collapses, forcing sellers and buyers to start again.
The average time for sales instruction to exchange has increased significantly, almost doubling from just over 10 weeks (71 days) in 2007 to nearly 17 weeks (118 days) today.
The lone bright spot for conveyancing is the search process, which has become more efficient, reducing from just over two weeks to approximately one and a half weeks. However, this is of little consolation when nearly every other part of the process has slowed down.
4. Changing Market Conditions
Longer transaction times increase the risk that a buyer’s or seller’s circumstances change before completion. Mortgage offers expire, interest rates shift, job relocations happen—all of which can lead to deals falling apart. Gazumping (where a seller accepts a higher offer after initially agreeing to a sale) and gazundering (where a buyer lowers their offer at the last minute) are also far more likely in a drawn-out process.
How Long Does it Take to do Sales Conveyancing in Bolton?
Well before I answer that, it’s currently taking 74 days (just under 11 weeks) on average to find a buyer for a Bolton home (national average is 74 days).
Once a sale is agreed, it takes 121 days in Bolton to get a sale to completion.
Interestingly, when I look at the conveyancing depending on type of property, Bolton flats are taking 142 days, Bolton houses 120 days and Bolton bungalows 112 days. These are all in line with national averages.
How to Speed Up the Sales Process
While structural reform of the system is long overdue, there are several steps buyers and sellers can take to reduce their own risk of getting stuck in limbo.
1. Gather Information Upfront
Bolton sellers can dramatically speed up the process by preparing key documents as they start to market their property. This includes:
Ordering local authority searches from Bolton Metropolitan Borough Council when the home goes on the market.
Completing your Property Information Form and Fixtures and Fittings List.
Gathering any necessary guarantees, warranties, and building regulation approvals.
While this does involve a small upfront cost, it can prevent delays and strengthen a seller’s position, particularly if multiple buyers are interested.
2. Choose a Proactive Bolton Solicitor
Not all Bolton solicitors operate at the same speed. Bolton buyers and sellers should choose a legal professional based on efficiency, not just price. Online reviews and recommendations from experienced estate agents like me can be helpful in identifying firms that handle transactions efficiently and promptly.
A proactive solicitor who requests documents in advance, keeps communication clear, and follows up on outstanding tasks without being chased can shave weeks off the process. If you need the details of whom I consider the best solicitors for conveyancing in Bolton, drop me a line.
3. Tailor the Selling Strategy for your Bolton home
Not all Bolton homes should be sold in the same way. Traditional estate agency works well for most residential properties, but if speed is a priority, alternatives such as traditional auctions or the new ‘modern method of auction’ may be worth considering. Auction transactions complete much faster and eliminate the uncertainty of a long, drawn-out conveyancing process.
Sellers must weigh up whether achieving the highest possible price is worth months of additional holding costs, mortgage payments, and risk of fall-throughs.
4. Consider Using an Exclusivity Agreement
One of the biggest frustrations for both buyers and sellers is the lack of certainty once an offer is accepted. An ‘exclusivity agreement’ or ‘reservation agreement’—where both parties commit to proceeding with the sale in good faith for a set period—can provide security and reduce the risk of gazumping or gazundering.
Looking to the Future
The length of time it takes to buy and sell a home in Bolton is a persistent problem, one that has worsened over the years. While there is no quick fix, those who take a proactive approach—by preparing early, choosing the right professionals, and considering alternative selling strategies—can significantly reduce the risk of delays and failed transactions.
Until wider reforms are introduced, taking control of the process is the best way to avoid months of uncertainty. Whether buying or selling, being prepared and making informed choices will always yield better results.
For those in Bolton navigating the property market, local expertise and proactive planning can make all the difference in achieving a smooth and successful transaction. Feel free to call me and discuss the matters in this post without any obligation or cost.