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!

Homebuy direct

Has anyone had any experience of selling a home buy direct property. We have sent valuation and took 10days to reject this, we amended the issue and resent. We have received a welcome letter 10days later. What I am wanting to know is it states 6 weeks on the website until the solicitor receives the redemption figure where we can finalise the sale. Is it from the date of emailing the valuation to home buy direct or is it 6 weeks from the welcome letter?

Also as the valuation is now a month old and only has 3 months validity of I end up having to do a desktop valuation does this reset the whole process or just follow on.

Is there anything I should be instructing my solicitor to sort so I can complete as soon as possible?

Thanks in advance

Comments

  • kingstreet
    kingstreet Posts: 39,290 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Can tell you nothing but what is published here;-

    http://www.myfirsthome.org.uk/schemes/homebuy-direct/repayment

    where you should see the next steps and desktop valuations sections.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.