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Advice please

3 replies

littleHen84 · 04/02/2021 11:14

Hi long time lurker wondered if anyone could help re a house move question, its all been incredibly stressful. We have sold our house things moving along our buyers house is nearly completed. The house we are buying the sellers are still looking, if we where to break chain and rent whilst our sellers find a house would the equity from our property sit with the Solicitors or be transferred to us? We don't want to loose our sale as its been a long road and really don't mind renting in the interim, we are still waiting for our mortgage too come back also. Thank you and apologies if this is a daft question

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DuaLipaSuction · 05/02/2021 22:20

You might be better asking MNHQ to move this over to Legal Matters but I'm pretty sure the money comes to you Smile

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Nextxmas · 05/02/2021 23:53

I think you might struggle to rent, most landlords want 12 months these days. Renting a like for like property will be expensive too. If the people your buying from haven't got their act together consider buying a different house. I know it's difficult but you need to do what's best for you.

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savvy7 · 07/02/2021 12:15

The money comes to you - your solicitors can't hang onto it,.

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