Credit and temporary address whilst waiting for completion?

always_sunny

I am in the process of buying a property (SE England)... I have found the property, offer accepted, mortgage already offered, solicitor on the ball and hoping to exchange/complete by end of April...

...I have been served a Section 21 so I need to leave by early May. If everything goes to plan great, if it doesn't, I am happy to put stuff in storage and 'roam around' though would that have an impact on my credit?

During the roam around period I will not have bills in my name and possibly I won't be on the electoral roll. My employment won't be affected, etc!

May is faraway, the EA seems confident is doable... though I am preparing myself for worst case scenario and how I could mitigate.

I have no family in the UK I can register my address to.

MortgageMamma

Hi, have you discussed the impact not completing on time will have on you with your solicitor?

Are you involved in an upward chain? if so how are the sellers doing with their new purchase ? And the people above them in the chain?

Even with a section 21, there are ways you don't have to leave on the exact date - if you ask the question in the renting and house buying section you will see, so if you can't get out on time don't sweat it too much as this stage.

Always a lot of pressure when buying a house, try to stay in the moment and only think about whats happening in the "now", it really helps keep the worry in check

MM x

ThePants999

It's important to remember that the s21 notice does not end your tenancy and make you leave. Only a court can make you leave, and your landlord will need to apply for a court hearing for possession once the s21 notice expires, and then arrange a bailiff after the court grants possession. This can add up to a lot of time, so if you think your completion is going to be reasonably soon after the s21 date, stay put.

always_sunny

I have discussed with solicitor and EA (vendor) and both seem confident that it'll go to plan before by S21 is due.

I know that even though a S21 is due I 'could' stay put....

Though I would like to be informed about worst case scenario I guess, if the transaction drags along too much I may need to get a 6 months lease somewhere to have proper records (bills, electoral, etc) or bum around a bit if it won't impact too much!