Eastbourne has second quickest conveyancing times in UK

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With stamp duty holiday ending next month, those looking to complete a property purchase in Eastbourne could have some of the best chances in the country due to quick conveyancing times, according to a new study.

The research from online mortgage broker Mojo Mortgages looked at current waiting times for local authority searches to be completed - a determining factor that has an impact on the length of time between a memo of sale and completion.

Eastbourne Borough Council had the joint-second fastest turnaround time for local searches out of all councils across the country with six working days and 10.2 weeks of conveyancing time on average.

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In comparison, those in Hackney could face local authority search delays of 180 working days, with Havering, 90 working days, and Dorset Council, 70 working days, reporting some of the slowest responses in the country.

Eastbourne Town Hall SUS-210216-141625001Eastbourne Town Hall SUS-210216-141625001
Eastbourne Town Hall SUS-210216-141625001

Eastbourne’s average conveyancing time suggests residents may be able to save thousands of pounds by taking advantage of the stamp duty holiday that ends on June 30.