Missives are the letters lawyers exchange that make up the contract for sale and purchase. So, when you hear people talking about missives concluded, that means that the contract has been completed.
How long does it take to exchange missives in Scotland?
This varies from transaction to transaction and is often dictated by the length of time that the seller wants to remain in their property after agreeing their sale. On average, there is usually 6 to 8 weeks from the sale being agreed to the Date of Entry.
How long does it take to exchange missives?
On average Missives take at least 6 weeks to conclude. However, this can vary dramatically from case to case.