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Would you let your purchaser move in before completion?

135

Comments

  • robotrobo
    robotrobo Posts: 921 Forumite
    Part of the Furniture 500 Posts
    j_i_m wrote: »
    and no again.


    with a big no & a fxxk off
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Say yes but rent will be £2000 per week IN ADVANCE, IN CASH, with a £10,000 deposit.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Our sellers did exactly this a couple of years ago, and it worked out fine. She paid rent to their seller prior to exchange/completion

    IN the world of the internet everything is worst-case scenario. IN the real world you'd probably be fine, but the outcome would be bad if it went wrong (probably a small risk - are you willing to take it?)
  • pinkshoes
    pinkshoes Posts: 20,608 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I would suggest a Travelodge and putting stuff in storage.
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • Gordon_Hose
    Gordon_Hose Posts: 6,259 Forumite
    Debt-free and Proud!
    Be sure to keep us updated on how their quest for compensation goes...
  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    pinkshoes wrote: »
    I would suggest a Travelodge and putting stuff in storage.

    She could even do an Alan Partridge and take a slightly bigger plate to really get her money's worth out the breakfast buffet. :)
  • marksoton
    marksoton Posts: 17,516 Forumite
    DRP wrote: »
    Our sellers did exactly this a couple of years ago, and it worked out fine. She paid rent to their seller prior to exchange/completion

    IN the world of the internet everything is worst-case scenario. IN the real world you'd probably be fine, but the outcome would be bad if it went wrong (probably a small risk - are you willing to take it?)

    A risk the OP has absolutely no need to take. And i'd question the suggestion it's small.
  • Olix
    Olix Posts: 1 Newbie
    Never!!!!!!!!!!!
  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    G_M wrote: »
    Can I play devil's advocate and present the opposite view?

    No - I can't.

    this is a mad idea. Do you want to be a landlord? To have to declare the rent as income to HMRC? To comply with 103 other landlord/tenant regulations?

    There's no issue with compensation either. Firstly, the fault lies with the buyer, for handing in notice. Second, where she lives, and what she pays for that accomodation (rent, hotel costs, expenses at her mum's) before the sale Completes IS NOT YOUR PROBLEM.

    This x100!!!
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
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  • ManuelG
    ManuelG Posts: 679 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    suzialwaysbroke wrote: »
    otherwise she wants compensation as she will have to spend more on rent.

    I suppose if she doesn't ask, she doesn't get but... she's going to have to spend a lot more on rent if she pulls out, then if she doesn't.
This discussion has been closed.
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