In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
Short answer is yes, its not as common as most settlements are within 6 weeks of exchange contracts, but ‘normal’ settlement is anywhere between 1 and 3 months.
It can be difficult to do but if both parties agree to a 6-month settlement (or longer), then it’s no problem. This can give the seller time to find a new property to buy and vice versa for the buyer without having to have a bridging loan organised.
