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Being held off on exchange for newbuild home
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Have you checked all the services - water, gas, electricity, etc are laid on? Builder might want "floating" completion date because he doesn't want to spend money on this or other final items until he has several contracts exchanged. I'd try to find out whether the flat and the building is "finished" in the sense that it can be signed off by NHBC and you could move in.
Maybe he is trying to sell the whole development as a job lot to someone and so is prevaricating about exchange with you to keep his options open?RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0
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