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Deed of Postponement

Hi All

Im waiting for my solicitor to get the deed of postponement in relation to a shared equity buying scheme.
This is going to take 48 hours according to Halifax to sort out. I am however getting pressured by people in the chain to exchange sooner than later.

Can I Exchange without this deed?

Comments

  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No. Otherwise you would be forced to repay the charge on completion if you were unable to get the postponement.
    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.
  • minimike2
    minimike2 Posts: 2,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    48 Hours.... I wish you luck!
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