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Can we move into a rental to secure our sale of property

30 replies

jimmyeatworld · 18/06/2025 15:46

Selling our house, well mine, and purchasing another together with a mortgage. The sale is ready but purchase is not and won’t be for ages, at least another 2 months, so to secure our buyers and not have to find new ones if they get pissed off with the delays I’ve asked our agent to find us a short term rental, which she has done, and we’re going to view it this weekend.

Has anyone else done this ? My house has no mortgage on it so we won’t be paying mortgage and rent, just rent on the rental. I’m just so so stressed out with this all and if I can find a way to take a massive chunk of stress away I think this is the right thing to do.

OP posts:
jimmyeatworld · 19/06/2025 08:46

Objectrelations · 19/06/2025 08:17

Yes I did this. In a difficult market I didn’t want to lose my buyer.

This is it. I mainly don’t want to go back to square one, I absolutely hated viewings, keeping the house in tip top condition all the time etc it was just hassle.

OP posts:
Cillaere · 19/06/2025 08:47

jimmyeatworld · 19/06/2025 08:45

Thank you and yes I will call them.
Can I ask if you go for a high interest account do they lock it so you can’t withdraw for x amount of time ?

No, it was instant access, because you need to buy your new house

MH0084 · 19/06/2025 08:48

I did that! Turned out we ended up staying in the rental for an year. I wish though I was not in a rush to buy again as I ended up buying not a good property.
Take your time! Rental offers this flexibility.

jimmyeatworld · 19/06/2025 09:08

Cillaere · 19/06/2025 08:47

No, it was instant access, because you need to buy your new house

Great, thanks !

OP posts:
jimmyeatworld · 19/06/2025 09:10

@MH0084Yeah this is why I’m so determined to push through our purchase. I don’t just want to settle on another property.
I think minimum we’d have to be in a rental for is 6 months, I’m hoping the purchase won’t take any longer than 3 months. Then I guess it gives us abit more time to get it ready to move into etc

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