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2 weeks between exchange and completion - is it okay?

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Comments

  • bluedrop
    bluedrop Posts: 662 Forumite
    Thanks people.

    Insurance sorted. I will try to relax.

    I dont know why I am so restless - I want the keys NOW!

    Direct consequence of delayed gratification I guess ! First home after years and years of saving!!
    There is more to life than increasing its speed.
  • DaftyDuck
    DaftyDuck Posts: 4,609 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you weren't restless to get in, you'd instead be wondering if you'd done the right thing with the right house.

    Enthusiasm still at this stage can be no bad thing. Enjoy the place!
  • Richard_Webster
    Richard_Webster Posts: 7,646 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Most completions take place between one and three weeks from exchange so OP's 2 weeks is pretty normal.
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
  • cbrown372
    cbrown372 Posts: 1,513 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    daftyduck wrote: »
    and then receive a bill for carpet cleaning or even new carpets from the purchaser - who, by the way would be in the right, legally, morally and decently!

    Completion is an agreement between both parties. Agreement. It's not forced on a vendor any more than on the purchaser. Money, you have such a selfish, and one-sided approach to house selling, and you convince yourself you are always taking the high ground... You are not.

    :t:t:t.......
    Its not that we have more patience as we grow older, its just that we're too tired to care about all the pointless drama ;)
  • bclark
    bclark Posts: 882 Forumite
    GDB2222 wrote: »
    Yes, you are being paranoid.

    A week is a very short time to arrange removals etc. Mostly people have 4 weeks between exchange and completion.

    You need to check with your solicitor whether you need the house insured between exchange and completion. I think that's far more important than whether the vendor is careless. Careless over what? Spills coffee on the carpet, say? She can do that in one week as easily as two.

    Most people don't get 4 weeks, 1-2 weeks at most in my experience.
  • GDB2222 wrote: »
    Yes, you are being paranoid.

    A week is a very short time to arrange removals etc. Mostly people have 4 weeks between exchange and completion.

    You need to check with your solicitor whether you need the house insured between exchange and completion. I think that's far more important than whether the vendor is careless. Careless over what? Spills coffee on the carpet, say? She can do that in one week as easily as two.

    This....and, on a previous thread, a poster stated that HER solicitor says it is still the norm to have 4 weeks between exchange and completion.

    At the very least - I would have my doubts as to whether the removal firm the vendor had chosen would have a "free slot" if given inadequate notice that they were required.
  • mrsmchapman
    mrsmchapman Posts: 358 Forumite
    My solicitor to states they ask for 4 weeks between E&C, I have given this to our buyer as they are in rented and I to will request this, but won't be upset if I get a little less, I just want to complete!

    I have E&C on the same day to, but I was buying from a relative so no need to arrange removal dates etc.

    Two weeks if agreed by all is fine I would say and no need for the panic
  • tim123456789
    tim123456789 Posts: 1,787 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    bclark wrote: »
    Most people don't get 4 weeks, 1-2 weeks at most in my experience.

    6 moves in my lifetime, all have been arranged as 4 weeks between E and C.

    no-one even considered asking for anything different

    YMMV

    tim
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