Hi there,
We are buying a second property and will be renting our current one out. We started the housebuying process at the end of May and were told not to make any plans with removals etc until we had an exchange date. The solicitors have numerous enquiries that they have sent to the vendor and it's been dragging on for a while. The Vendor is becoming impatient and wants to complete ASAP.
I'm not sure how things are supposed to work....We don't have an actual deposit, we are using equity from our current flat to buy this one. So basically exchange and completion have to happen simultaneously. I am just worried that if everything is ready next week, she will push to complete within a day or two, leaving us no time to arrange for a tenant or removals etc. Is it reasonable for me to say that I have had no warning about the completion date and can't be expected to complete within a day or two? We have told the estate agents that the availability date for our flat is the 1st of September, but even that is a gamble as we have no idea how much longer it will take.
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Exchange and completion
6 replies
melanierika7 · 31/07/2015 09:18
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