We went under offer yesterday to buyers who want to move in six weeks. We're going to move into rented for a while til we find something else (can't really afford to re-buy round here). I've always sold and bought and been part of a chain before where the deposit goes up the chain - now that I am effectively the top of the chain can I access the money after exchange to put the deposit down on somewhere to rent ??
If I wait til completion then I would also have to wait til the money clears to mine then the landlords account effectively leaving us homeless for 2 weeks.
Please or to access all these features
Please
or
to access all these features
Join our Property forum for renovation, DIY, and house selling advice.
Property/DIY
Do you have access to the deposit when it comes up the chain??
3 replies
Lauriefairycake · 11/09/2007 12:44
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.