Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Property/DIY

Join our Property forum for renovation, DIY, and house selling advice.

What happens if one of us dies between exchange & completion?

51 replies

cakehoover123 · 18/02/2024 22:19

We've exchanged (yay!). I'm now stressing about what happens if one of us dies between exchange and completion - would we lose the deposit?

I'm wondering this because presumably the mortgage company would withdraw their offer, as neither of us could pay the mortgage alone. But presumably we'd still be required to complete on the date specified, or lose the deposit.

Would it therefore be advisable to get life insurance just for these few weeks, to avoid the risk of losing the deposit?

We weren't planning to get it otherwise, as once we've completed, if one of wasn't around we'd just sell the house.

OP posts:
Outnumbered99 · 20/02/2024 11:55

£65? That's a lot of money I pay £8 a month for mine (basic life insurance)

New posts on this thread. Refresh page