Exchange and complete on the same day?

RAINBOW123_3

Chickmug

Im trying to guess whether you are fed up with me now or that you are just joking :rolleyes:.Its difficult to tell sometimes from a post.

I guess he will let people know if he dosen`t want to reply to people anymore with his thoughts that he has been given in previous posts.

If this is the case,I have really appreciated his time that he has given me in this stressful time that I am going through at the moment.

:beer: Richard.Much appreciated.

Richard_Webster

1. You will probably be OK signing the agreement and standing order mandate (because you can always instruct your bank to cancel the latter).

2. You say "tenant" - do you mean your future landlord? if he si saying that then he may well do it.

3. If you pay your new landlord something to hold the place open for you he may be happy to do that , but you need to make sure he doesn't just take your money.

I don't know why you are selling to move to rented but are you perhaps relying too much on this particualr property. I have clients who are going into rented and they often are quite happy to agree say 3 weeks between exchange and completion confident in being able to find somewhere and move in in that time. I wouldn't take that risk myself, but it seems other s will.

chickmug

RAINBOW123 wrote: »

Chickmug

Im trying to guess whether you are fed up with me now or that you are just joking :rolleyes:.Its difficult to tell sometimes from a post.

I was joking.

RAINBOW123_3

Chickmug.

Thank you for letting me know.Hope I didnt sound rude

Richard.

Yes I did mean landlord.:beer: for pointing that out.

So you mean offer him some money to keep it open instead of paying the rest of the money.

The rent is £925 a month so maybe offer him 2 weeks rent (if it happens to go over this amount) which would be £426 Does this sound fair?

Do people have to pay council tax even though there is no one living there?

Im trying to work out what money he will be losing in an empty property?

All I can think of is the rent money

What wouldnt you risk? Not sure which bit thats related to :rolleyes:

RAINBOW123_3

Sorry Richard forgot to add.

The reason we are moving into rented is because we would like to pay off some debts.

The place we have chosen is beautiful,has easy access to bus routes which is great for me to get to & from work (when I find my new job,which is another thing thats on my mind at the moment) as I dont drive & its bang in the middle of different areas for work,its in a lovely area to where we used to live,its got two bedrooms where at the moment we have one so we can now have guests to stay over,its concrete flooring,so no noise,its on the third floor so no noise from above & will now be able to open the windows at night as at the moment we are on the ground floor etc etc.I cant seem to find any other place that suits us as well as the above.

The end (I think) ha ha he he

RAINBOW123_3

Oh & its got a dishwasher :rotfl::rotfl::rotfl: yipeeeeeeeeeeee!

prudenttadpole

Commit to it m8!

Richard_Webster

What wouldnt you risk? Not sure which bit thats related to

I was making the point that some people simply exchange with a longish period of say 3-4 weeks and go and find somewhere to rent during that period.

You appear to have found the place that you like and you want to make sure you get it - hence the long thread. So you aren't thinking of just finding somewhere that ticks as many of your boxes as possible, but rather this particular house.

As to risk I was simply saying I wouldn't personally take the risk that I would find somewhere suitable between exchange and completion.

chickmug

Richard_Webster wrote: »

I was simply saying I wouldn't personally take the risk that I would find somewhere suitable between exchange and completion.

If it is a couple only with no pets or kids I say why not as I have done it and would do it again (may have to soon) to make sure a sale went through.

But with kids it would be a total NO NO.

RAINBOW123_3

:eek::eek::eek::eek:!

What shall I do,What shall I do!

Im going to phone my estate agents tommorow to run it by her about paying some money to keep it open.Weve met the landlord & he was a very nice person,we felt comfortable with him & know that he will be a very good landlord.

Richard.

Just before I go.

Do you know what money he will be losing out on while it will be empty? Rent,Council Tax?

Obviously we will be paying the council tax when we move in.

Anything else ?