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Buying furniture from vendor?

tooexcited
Posts: 1 Newbie
Hello - FTB and new to this site - been reading lots of threads and getting excited!
After several months of looking for a house we found the perfect place and vendors situation seems to totally suit our situation which makes everything perfect! They moving abroad and we are currently staying at parents - we just got back from travelling and have no furniture whatsoever... so they have offered to sell the contents of the house for £2000 - my question is... do we just give them the money on completion day? Do we leave a cheque with the EA? Or do we need to include solicitors?
Really don't want to have to get other parties involved as we all got on when we viewed the property last and agreed the purchase of the furniture... but wanna do things right to... any ideas?
Still ecstatic that we MIGHT be in for xmas... :j
After several months of looking for a house we found the perfect place and vendors situation seems to totally suit our situation which makes everything perfect! They moving abroad and we are currently staying at parents - we just got back from travelling and have no furniture whatsoever... so they have offered to sell the contents of the house for £2000 - my question is... do we just give them the money on completion day? Do we leave a cheque with the EA? Or do we need to include solicitors?
Really don't want to have to get other parties involved as we all got on when we viewed the property last and agreed the purchase of the furniture... but wanna do things right to... any ideas?
Still ecstatic that we MIGHT be in for xmas... :j
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Comments
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I dont know but
Good luckmake the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Tell your solicitors it will not delay anything but will ensure everything is done above board.
The nicest people in the world can surprise you when it comes to money!0 -
You need this done properly. List of items involved and price. Get your solicitor to do it. He'll add the £2K into the total cost and have a document drawn up saying what you are getting.0
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I bought the under-counter fridge and freezer from the vendor last time I moved, seeing as my fridge freezer wouldn't fit. I just paid separately through the estate agent (cheque made payable to the vendor, I got a receipt confirming what it was for), but that was for 200 quid rather than 2000, so getting it done through the solicitor might be better to make sure you get everything you think you're getting.0
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We did this when we sold our house, we sold all the furniture and kitchen appliances, and rather stupidly let the new owners move in and then I popped round a couple of days later to pick up the cash. I did have a signed inventory and their written promise to pay, but I could have been in big doo doo if they decided not to pay or make it difficult!0
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I would not involve the solicitors, as I can't see any need and they will presumably want to charge you. It's no different from buying a secondhand car.
It sounds as though you have already contracted to buy this stuff anyway, but I would just do a simple letter to confirm. The letter should:
1. List all the stuff you are buying, with some note of current condition (or maybe photos).
2. Make the point that the furniture sale is conditional on the house sale proceeding.
3. Some note about what happens if the furniture deteriorates between now and completion of the house sale.
4. Note down the agreement for how payment is to be made - simplest is cash on the day. However, the point is that they are contracting to leave and you are contracting to buy it, so no nasty surprises for either of you on completion day (hopefully).
You'll need to negotiate the precise terms with the vendors and then you each sign a copy of the letter. Remember caveat emptor.
Incidentally, secondhand furniture is not usually worth a lot, you know.No reliance should be placed on the above! Absolutely none, do you hear?0
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