in what order?

Bargie

Hello,
We accepted an offer on our house about 3 weeks ago. (This followed our previous sale falling through the week before and 2 other failed sales) so this is our 4th time of (hopefully) selling the house.

Because of the previous 3 fall throughs we are very wary and I have very little confidence this one will go through either as feels like we are doomed never to sell

Our buyer is a FTB. Solicitors have been instructed but as yet she hasn't had survey done on our house. We have completed our sale inventory and paid the first installment for ID checks etc etc to our solicitor handling our sale.

Our purchase is being handled through a different solicitor (mortgage company making us use their panel of solicitors rather than our family one - resented being forced to use their ones so been a bit pig headed and used our family one for our sale). So far we haven't sent them anything or paid anything yet although they have sent us forms to complete and have asked for payment of £300 to start searches etc.

We don't really want to do this until survey done on our house by our buyer and survey carried out on new purchase but will I be slowing it all down if I don't start the searches etc on the new property?


Basically what I'm asking advice on is what order would you do things - get surveys done before paying any money to solicitors/getting ball moving in that area? Or start getting searches done and hope surveys all come back ok?

moneyistooshorttomention

Personally my order is:

- my buyer has their survey on my place (so they've shown commitment to buying my house)

then

- I have survey done on place I am buying (ie I start handing over money to people after my buyer has done so)

then

- I start up my side of the legal work officially (as, at that point, I have to hand over some money upfront to my solicitor)

I imagine the order of priority might differ a bit for different people according to whereabouts their current house/whereabouts their next house is/what sort of "chain" set-up they are in. But it would be a pointless exercise to have my solicitor start work on purchasing a house that the survey might say was a "dud" and I had to re-start my solicitor on purchasing a different one.

I'm at Stage 3 of that process now (ie my solicitor is about to start work).