Working towards completion date but no exchange date

[Anaphylaxis]

Currently we are selling house and agreed with buyer completion date. No more enquires are raised and our solicitor is waiting for buyer solicitor to exchange contract. But I find this very weird and I am aware exchange can happen on the same day as completion day.

What could be holding up the exchange, did the buyer realise they suddently can’t afford the deposit or have some doubts or solicitors being incompetent? Do we need to keep chasing for exchange or let it happen to the completion day? Thanks in advance!

They may be waiting for mortgage company or the release of funds for deposit. Surely your solicitor can ask.

Our solicitor is chasing but no words from buyer’s solicitors. Buyer’s lawyer firm is known for being not very responsive apparently (I would like to avoid naming the firm).

I would set an exchange date, same as you would a completion date. Don’t just let it rumble on. Solicitors need to discuss and all parties need to determine that everything has been finalised and you both need to see the contracts in draft form before they are finalised.

Then you decide a day and hopefully stick to it. We had an exchange date, set by our vendors, and then both the vendor’s solicitor and the estate agent buggered off on holiday and no one exchanged. 🤷🏻‍♀️ It took another week to finally make it happen. My guess is someone has been on AL over Easter holidays and that explains a good bit of the delay.

What is the completion date?

We are literally within 3 days of supposedly completion day

Nightmare if you have removers to organise …