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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
What are my chances of completing this friday??
Comments
-
For a faster payment it depends on if the amount is over the amount that triggers your bank's security to step in. If that happens how quick it is to complete the transfer depends on your bank. You should be able to find your bank's limits online or ring and ask.PP I don't know. I'm assuming he is going to tell me all this tomorrow. I just thought it would be a transfer from my online banking as you would transfer any money
If in doubt then best to go into a branch and do a CHAPS payment, cost 25 to 30 but if done by the cutoff time guaranteed the same day. If after the cutoff time it's next day.
Suggest you ring your bank this evening see what they say.0 -
Deposit?
OP is Completing on Friday so needs to pay the full amount.
Since Exchange / Completion appear to be happening same day there will be no deposit to pay.0 -
Deposit?
OP is Completing on Friday so needs to pay the full amount.
Since Exchange / Completion appear to be happening same day there will be no deposit to pay.
The full amount will need to be paid, but not all directly from the buyer
I think what's being referred to here is the buyer paying a deposit from their own funds in a bank account, and the balance being a mortgage, which will be requested by the buyer's solicitor. :rudolf: Sheep, pigs, hens and bees on our Teesdale smallholding :rudolf:0 -
That's right PP. I have the deposit in my bank account, nationwide have the rest!0
-
PP I don't know. I'm assuming he is going to tell me all this tomorrow. I just thought it would be a transfer from my online banking as you would transfer any money
How much is your deposit? I paid a 5 figure sum from my bank account to the solicitor, which was well within the amount a member of staff in branch had told me would go through no problem. I advised the branch staff that I would be transferring substantial sums. However, when I did, my account was blocked as this was deemed "unusual activity" (yep, I'm not in the habit of buying a house every week), which though simple to unlock, was more than mildly stressful, and not quick.:rudolf: Sheep, pigs, hens and bees on our Teesdale smallholding :rudolf:0 -
The deposit is £10,010 exactly. I'm not in the habit of transferring that much money either lol.0
-
Would a bankers draft work?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards