Did you receive your money the same day you sold your house?

[stressedoutErick]

Losing my shit here.

We completed today. The money still hasn’t hit our bank and we need it to move in to new property. We had to be out by 2pm, new buyers are chomping at the bit to get in.

Dh said the solicitor said she sent it by Bacs this morning. I’ve just checked on line and it says Bacs take THREE working days 😱😱😱

He said it’s instantaneous. Google said different.

I’ve just seen online it could go through CHAPS. I’m fucking praying it does.

Can’t get hold of solicitor to check?

Any one shed any light?

Sums above, obviously.

Ah. Hadn't thought of the leasehold angle.

I know little of the rental market. Maybe LLs think that once exchange has taken place then it's pretty much a done deal and therefore has a low risk factor.

Glad you finally got it sorted OP! What a nightmare.

And all the "I'm so perfect" pp can piss off having a pop at you. Moving is SO stressful for everyone.

(It has made me double down on the idea of having an air bnb/storage unit in place for a week or so when and if I move in future though. That and professional removers to load and unload.).

@NeverTwerkNaked I'm a property lawyer too. Im astonished that you are astonished. We tell everyone to try and be out by lunchtime and we get on with the money transfers without checking the property actually is empty. As long as vacant possession is given by the end of the day we don't get involved. Even then there is little we can do. Serving notice to complete just gives the seller more time to move out . I've had some late packers but no one has actually not moved out

Really @theyellowsquare? But that’s not what the contract says. And can’t you see that that kind of “casual” approach leads to exactly these issues. If solicitors made sure their clients had actually given vacant possession first then you wouldn’t end up with this kind of chaos.

If solicitors made sure their clients had actually given vacant possession first then you wouldn’t end up with this kind of chaos.

So how do you check this? Do you ring and ask clients? Some of whom may miss a call/not pick up? Or do you trot round there and check up on them?

Intrigued at how you expect solicitors to actually check. When we moved from Cheshire to Shropshire, our conveyancing solicitor was based in Newcastle upon Tyne! He was hardly going to pop down and check we had cleared the house out - and we'd have been so busy moving/driving we probably wouldn't have answered the phone.

Nothing more stressful than house moving I am sorry this happened to you! We were going to have a very (what we thought) straight forward purchase of our house.
Family house, we had already left rented, no chain etc and the solicitor still managed to mess things up and drag them out AND ended up over charging us so we had to get the money back.
As for someone threatening to call the police surely it takes only a smidge of decency to see you were in a bit of a tiz, mistakes happen that's part of life! Have another brew! Haha

Well, she sounds like a dick.

@NeverTwerkNaked it wouldn't work waiting for vacant possession. The Friday banking system can be really slow. If it's a long chain you really need to get the first lot of money moving at 9am to ensure everyone moves.