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Delayed completion

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Comments

  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    why not put your furniture in the garage overnight and get the flooring guy in the next morning after you move ?
  • Bossyboots
    Bossyboots Posts: 6,758 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Jorgan wrote:
    Can't you get the builder to allow your trades people a few days before completion takes place. You will probably have to get some form of undertaking signed by your solicitor.

    If you fail to complete on the day stated in the contract the builder can charge interest, all depends how it worded in the contract.


    This is a standard purchase contract clause. Anyone selling a property will have a clause allowing them to charge interest to the vendor for failing to complete.
  • Arch-Angel
    Arch-Angel Posts: 184 Forumite
    Maybe I'm being stupid (FTB to be after all!) but after you've completed and got the keys - why do you "have" to move then. Can't you let your contractor loose for the day and "move in" tomorrow?

    Bound to be a sensible answer to this - but I had to ask ! lol
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  • Jorgan_2
    Jorgan_2 Posts: 2,270 Forumite
    Arch-Angel wrote:
    Maybe I'm being stupid (FTB to be after all!) but after you've completed and got the keys - why do you "have" to move then. Can't you let your contractor loose for the day and "move in" tomorrow?

    Bound to be a sensible answer to this - but I had to ask ! lol

    If the OP is selling a property to buy a new one, he/she maybe completing on both on the same day. He/she will have to arrange to put furniture into storage & arrange to stay with friends/family/hotel while work is being done.
  • mountainofdebt
    mountainofdebt Posts: 7,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Perhaps I'm in the minority but I agree that the OP is expecting abit much in in expecting the buliders to delay completion so that they can do up the house in a fashion that they want.

    Can anyone honestly say that they would allow work to be done on their house before the sale was complete - so why would we expect in a NB?
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  • Debt_Free_Chick
    Debt_Free_Chick Posts: 13,276 Forumite
    10,000 Posts Combo Breaker
    Just a quick question to anyone who may know the answer: Am buying a new build and have exchanged contracts, all well and good. However, we would like to delay the completion date (already agreed) to have some flooring laid. Builder says we will be charged 'interest' as we are not completing as agreed.
    Is this the case, or are they just trying it on??

    Thanks for any help.................PBH.

    You say completion date has already been agreed ... is it stated in the contract? If so, then I think you're bu88ered as you have a legal contract specifying completion date :(
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  • As bossyboots says this is a standard contract clause.

    We purchased a property earlier this year. We had exchanged contracts and then on the morning of completion the lender raised queries and we could not complete.

    We then got served a 'notice of completion' and charged for this (about £150 I think) and then got charged interest on the purchase price until the day of completion.

    You have signed a purchase contract and agreed a completion date. The contract is a legally binding contract. You will get charged interest if you want to delay completion, it could well be that the interest charge would be more than the cost of a professional to do the job who would have the relevant insurances.
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  • Thanks to all have replied, I can appreciate the different ponts of view - now have the answer to my original question!!

    It will be a pain moving into a house with no flooring though.....
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