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ARTICLE · 15 NOVEMBER 2016

Is Your Completion Date Likely To Cause You Problems?

For all of the quirks and oddities of Jersey's conveyancing process, you might be surprised to know that it's actually a good deal quicker than many other jurisdictions.

JerseyWealth Management

This article first appeared in Homelife.

For all of the quirks and oddities of Jersey's conveyancing process, you might be surprised to know that it's actually a good deal quicker than many other jurisdictions. In the UK, for example, the process typically takes a couple of months, which is itself shorter in most instances than transactions in Scotland and France.

And yet in Jersey, despite the age-old process and the unregistered title system, the general expectation is that the process of buying a new home – including title searches, boundary and access checks, Planning and utility enquiries and securing the mortgage – should take around four weeks.

In the majority of cases, four weeks is actually sufficient – the combination of a well prepared client, a proactive and engaged law firm and a lender with an efficient application process will see most moves completed within that time frame.

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