Exchanging and completing on the same day

[cookiesaurus]

Hi all,

We are due to exchange and complete on the same day (next week) and I am really not certain of the day's timeline? We are doing this due to the level of uncertainty around lockdown as if we exchange and then cannot move we are liable for our buyers' deposit and costs! It certainly isn't ideal and provides no peace of mind going into the sale due to the possibility of some last-minute gazundering.

On the day, our removals are arriving at approx. 8 am which means that potentially our van could be loaded before everything is signed and sealed so to speak.

Our buyers are cash buyers and the property we are buying is vacant as the sellers moved out in February.

I've googled completion day timelines and can't seem to find anything other than opinions on whether or not people think it is a good thing or not.

Can anyone advise on exchanging and completing on the same day and what the day will look like (other than being stressful!)?

TIA

@Callmesausage - congratulations. We are hoping to next Friday - been calling for removal van quotes today and everywhere seems back open (we don't need a man, just a van). Luckily we will still have two weeks left on our rented flat so no major rush to move.

Thanks and good luck for you both @MissLemon18 and @Misscf81

Congrats @Callmesausage and good luck @MissLemon18 - we're due to do this in approx a months' time.

I'm due to exchange and complete on June 1st. My buyer couldn't get removals before then. I'm just hoping we don't go back to stricter lockdown before then. It's been so stressful😣

Removals booked for an exchange and completion this Thursday. Been mega stressful but the end is in sight. Only problem now is removal company saying only one adult is to stay at the house whilst they load/unload so I've got to find somewhere to go for the day with 2 young kids and a dog! At least we are moving though. Good luck to everyone else.