Property chains

How Long Does It Really Take From Offer to Exchange in the UK?

Longer than most vendors and buyers expect, and it's been getting longer. As of April 2026, the average time from offer accepted to exchange of contracts passed 104 days according to Connells Group's research: over three months before contracts are even exchanged, let alone completion.

104 daysAverage offer accepted → exchange of contracts (Connells Group, April 2026)
~5 monthsAverage total time for a house purchase through legal completion (Rightmove, 2025 data)
£906.2mLost economic opportunity from fall-throughs in England in 2025 (Rightmove)

Where the time actually goes

The legal process itself (searches, enquiries, contract review) doesn't take 104 days if a solicitor works on it without interruption. The delay is almost never one big blocker. It's a series of small waits stacking up: an enquiry raised and not answered for a week, a search that sat in a queue, a mortgage valuation booked but not chased, a chain of five transactions where one link is always the slowest and nobody's tracking which one that is this week.

Why the average keeps climbing

A few structural pressures are pushing timelines out further than they used to be: local authority search turnaround has lengthened in many areas, conveyancing firms are handling higher caseloads per fee-earner, and longer chains (more transactions linked together) mean more places for a delay to originate. An individual agency can't fix any of that on its own. It can still get to exchange faster than the average, though, by managing its chains actively rather than waiting for solicitors to report progress.

What "actively managing" actually looks like

The connection to fall-throughs: the longer a chain takes, the more time there is for something to go wrong: a mortgage offer to lapse, a buyer's circumstances to change, patience to run out. Read why property sales fall through for how that risk actually builds up.

Get to exchange faster

VelocitySPX gives your progression team a live view of every key date across every case, so nothing slips through unnoticed.

Book a demo