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Offers accepted- what happens next

5 replies

deepbreath00 · 25/09/2024 11:40

After the initial stress of getting house ready to be on market, juggling viewings and keeping a tidy house, searching for and finding our next home we are now at a point where we have accepted an offer on our house and have an offer accepted on our dream home.

We have memo of sale for both our sale and purchase, have the forms completed ready to return to our solicitor. Mortgage application is made.

What happens next? After the hustle and bustle of negotiating and getting sale/purchase agreed there appears to be a lull...

OP posts:
jamtarty · 25/09/2024 15:12

Has your chain completed?

If not, the only thing I’d do at this stage is book a survey.

DogInATent · 25/09/2024 15:17

Surveys and searches, and waiting, and chivying.

deepbreath00 · 25/09/2024 18:41

I guess I'm just wondering about paying for the survey on the house we are buying before our buyers have paid out to have a survey? Like what if they have just changed their mind...

I'm not sure if the chain is complete, how do I find this out? Our buyers have no chain and those we are buying from were waiting to be under offer before being able to offer on anywhere... would the estate agent update us on this?

OP posts:
DogInATent · 25/09/2024 18:59

deepbreath00 · 25/09/2024 18:41

I guess I'm just wondering about paying for the survey on the house we are buying before our buyers have paid out to have a survey? Like what if they have just changed their mind...

I'm not sure if the chain is complete, how do I find this out? Our buyers have no chain and those we are buying from were waiting to be under offer before being able to offer on anywhere... would the estate agent update us on this?

It's a trust game.
What if your Sellers get cold feet because you're pissing about waiting on your buyers before instructing your survey? Just do it.

(and speak to your conveyancer about the chain, they'll have an overview)

ISeriouslyDoubtIt · 25/09/2024 19:07

Things can and do go wrong at any stage and you may pay for a survey on a house you don't eventually move to. Sales and purchases collapse all the time and people can and do pull out. But that's just part and parcel of the house buying process in E&W, so all you can do is get the survey done.

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