seller owning a house less than 6 months

gilps123

Found out what i need to know

Dave_Ham

Hi there,

I have had it waived twice before, but in totally different circumstances once with Halifax and once with Nationwide.

Are you absolutely sure the Estate Agents or vendors are not telling porkies?

I think there is scope to speak to the lenders involved, especially if the vendor is porting a mortgage elsewhere in the country to validate the claims.

Is there no way completion cannot be set to dovetail with the 6 months or are you miles off?

Chances of pulling this together are slim to be completely honest, rest assured the Estate Agents will do there best to keep the chain together to ensure they are paid...

Good luck...

gilps123

Found out what i need to know

Dave_Ham

As you trust your agent, I am confident they will make this happen...

Its close enough to be manageable I would think, although will depend on the lender ultimately. I would be more confident of some lenders showing common sense than others..

Poor show that no-one has mentioned this before now, as it is pretty much industry standard now so any mortgage brokers, solicitors and estate agents should have flagged..

Good luck

gilps123

Found out what i need to know

Dave_Ham

Fingers crossed....

A good estate agent will be all over this, but dependent upon your buyers situation they still have options..

• They could buy yours on bridging finance and could exchange on there's with a completion date after 6 months. Expensive but achievable.
• Depending on their loan to value, they could raise funds as a let to buy and use this on your property and then rent theirs out

As I say always solutions that agents should manage, although difficult to give too many others without knowing all of the details..


Do let us know - fingers crossed for you...

gilps123

I will keep you posted
x

Yorkie1

OP why have you edited all your posts? It makes the thread completely unintelligible and prevents someone else learning from the question you asked.

custardy

gilps123 wrote: »

I will keep you posted
x

what,on what you know?
what a waste of peoples time
ingrate

gilps123

because i dont know how to delete my post !! and thought it best too as i have not sold yet and dont want to offend my buyers... you never know who is reading theses ..

once i know the outcome i will repost so that it will be useful to all

sorry if this as offended you. but im new to this site and cant find a delete button

DVardysShadow

gilps123 wrote: »

because i dont know how to delete my post !! and thought it best too as i have not sold yet and dont want to offend my buyers... you never know who is reading theses ..

once i know the outcome i will repost so that it will be useful to all

sorry if this as offended you. but im new to this site and cant find a delete button

You cannot delete an opening post - it must remain to keep the thread in place. The art of asking a question is to stick to the point of principle, giving enough information to allow someone to answer, but leave out names of people and companies, locations and exact amounts of money as far as possible.