sale completion advice

confusedabout_2

i am in the process of selling my house and buying another. my buyer has got the house considerably cheaper, has asked for gifted deposit and caused a few problems all along.
I am now at the stage of arrranging echange and completion dates but my buyer has turned round and said he has not got the deposit funds and cannot get them until a month down the line.
i have spoken to my solicitor and they have said there is nothing they can do to ensure he meets the agreed date a month down the line. i therefore have a month of uncertainty ahead and wondered if anyone had any suggestions to make the dates and deposit more guaranteed.

CloudCuckooLand

Tell them it goes back on the market in 7 days, unless he exchanges..?

confusedabout_2

the problem is the chain above want to complete asap. my sellers seller has not been fed info and was expecting to complete 28th May. on the back of this he has rented a property without checking info down the chain.
my buyer is saying he cannot get the funds before end of june and so chain is in danger of collapse.i dont want to get to end of june and him still not have the funds and have wasted everyones time and money.
wanted to guarantee he wud sort the deposit in some way

g_attrill

Have they explained, specifically why it will take until then? Can they prove they have it?

confusedabout_2

only that he needs to get the money together. i have asked where it is coming from but my solicitor and agent say it is up to his solicitor to ensure funds are in place. his solicitor assure that they will be there by 25th but again this cant be guaranteed