We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING:
Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour.

Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Completion date - do I need everything cleared out on the same day?

2»

Comments

  • Errata
    Errata Posts: 38,230
    10,000 Posts Combo Breaker
    Forumite
    AdrianC wrote: »
    Exchange means that both sides are contractually bound to the sale. You can't pull out. .
    Untrue, either side can pull out after exchange but will be financially penalised for doing so.
    .................:)....I'm smiling because I have no idea what's going on ...:)
  • pk83
    pk83 Posts: 32 Forumite
    Thanks guys, you have answered my query.
    jc808 wrote: »
    You dont even know what youre asking, so my advice would be ask your solictior

    jc808 - there is no need to patronise and insult me, it's not every day I move house!

    My query was clarified and explained by the kind folk who provided relevant advice. Is that not the point of these forums?!
  • Sonofa
    Sonofa Posts: 300 Forumite
    pk83 wrote: »
    Thanks guys, you have answered my query.



    jc808 - there is no need to patronise and insult me, it's not every day I move house!

    My query was clarified and explained by the kind folk who provided relevant advice. Is that not the point of these forums?!

    Take no notice pk. You need a thick skin to brave these forums (or any for that matter). Pick the pearls as you find them and ignore the sewage.

    I recall helping my sister-in-law and family move house; moving day came and we were trying to move wardrobes full of clothes and the fridge was still fully stocked, including open bottles of milk. I was a bit irritated at first and then thought, it's the first time they've moved.

    Some are just too quick to judge and assume everyone should know the 'obvious stuff'.

    Hope everything goes well for you.
  • densol_2
    densol_2 Posts: 1,189 Forumite
    As its a repo and you rightly pointed out someone could pitch in a higher bid right up to exchange - then INSIST on an agreed exchange with completion a week or so later so you know exactly where you are and when you are moving - so you can pack up and plan accordingly
    Stuck on the carousel in Disneyland's Fantasyland :D

    I live under a bridge in England
    Been a member for ten years.
    Retired in 2015 ( ill health ) Actuary for legal services.
  • Errata wrote: »
    Untrue, either side can pull out after exchange but will be financially penalised for doing so.

    Well if you want to be pedantic... :p

    Your statement is also untrue, either side can attempt to pull out but a judge can grant Specific Performance and force the sale to go ahead.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • agrinnall
    agrinnall Posts: 23,344
    10,000 Posts Combo Breaker
    Forumite
    pk83 wrote: »

    jc808 - there is no need to patronise and insult me, it's not every day I move house!

    My query was clarified and explained by the kind folk who provided relevant advice. Is that not the point of these forums?!

    But jc808's point is that you are paying your solicitor so that you can get definitive answers to any questions you have, so why not make use of that? In this case the question was simple and easily answered, but your next one might not be.
  • pk83
    pk83 Posts: 32 Forumite
    densol wrote: »
    As its a repo and you rightly pointed out someone could pitch in a higher bid right up to exchange - then INSIST on an agreed exchange with completion a week or so later so you know exactly where you are and when you are moving - so you can pack up and plan accordingly

    Thanks densol, I will be insisting on that indeed.
  • duchy
    duchy Posts: 19,511
    Part of the Furniture 10,000 Posts Combo Breaker Xmas Saver!
    Forumite
    Your solicitor really should have explained the basic process to you.
    That's part of what you are paying them for.

    You are spending tens if not hundreds of thousands of pounds -you are bound to have questions and yours was a basic one that they should have covered in standard correspondence to you anyway.
    I Would Rather Climb A Mountain Than Crawl Into A Hole

    MSE Florida wedding .....no problem
  • pk83
    pk83 Posts: 32 Forumite
    agrinnall wrote: »
    But jc808's point is that you are paying your solicitor so that you can get definitive answers to any questions you have, so why not make use of that? In this case the question was simple and easily answered, but your next one might not be.

    jc808 didn't have to be ignorant about it. Just to answer your question:

    It was a Sunday - my solicitor was obviously closed,
    It was playing on my mind,
    I thought I would get a fast, satisfactory answer on MSE (which I did).

    If everyone made sole, exclusive contact with solicitors, accountants and mortgage/financial advisers for advice what would be the point of these forums?
  • agrinnall
    agrinnall Posts: 23,344
    10,000 Posts Combo Breaker
    Forumite
    [QUOTE=pk83;66614259
    If everyone made sole, exclusive contact with solicitors, accountants and mortgage/financial advisers for advice what would be the point of these forums?[/QUOTE]

    Many of us regularly suggest that people do just that when they are already paying for the privilege of access to professionals. Your question was hardly of such urgency that it could not wait for a few hours, but hopefully in this case you are happy with the answers that the forum community had provided.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.8K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.