I'm due to move house next week. My buyer wants to keep his London flat and buy my house so has to complete by 31 March to avoid £27000 stamp duty on a second home. We have moved heaven and earth to comply but Due to numerous hold ups and his timeline we are being asked to take the risk of exchanging and completing on same day - which will be a heavy banking day due to all these pre 1st April sales going through at last minute - which could leave us ( not him as his purchase will go through first ) having exchanged but not completed. We could then move into the empty place we are buying on vendors say so but we are formally in breach of completion and charged £200 a day until sorted , most likely the next day. I think our buyer should pay us full removal
Costs and even then am wondering if we should take this risk. I have no timeline and it suits me to move in a couple of weeks when the moving frenzy had died down. I like where we are moving to but I don't love it. Am frozen with indecision. Help.
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Risk breaching completion to satisfy my --bastard-- buyer?
64 replies
evilpopstar · 24/03/2016 15:20
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