Once we have paid our deposit and signed our contract, when can we move in?

PrincessJR

Hi Guys,

Well, we have now paid our deposit, and signed our contract. The solicitor has both.
How long can we expect to be waiting now? we wanted to be in next weekend ideally (Sat 26th). Is there any chance?

The house IS occupied at the moment but they have no chain as are moving back to their parents.

Any advice on a rough average would be handy?

Thanks

Mrs_Thrify

Hiya, I think you have to wait for both parties to agree on a moving date and the exchange of contracts. Good Luck...

PrincessJR

Thanks, do the sellers normally give a date and we agree, or should we tell our solicitor a day and he informs the sellers?

First house obviously!!!

Mrs_Thrify

Hiya again, I am not to sure who sets the date. When we last moved we were in the centre of a chain of 8. We just agreed to the date offered, not wanting to hold things up.

IveSeenTheLight

PrincessJR wrote: »

Thanks, do the sellers normally give a date and we agree, or should we tell our solicitor a day and he informs the sellers?

First house obviously!!!

Unfortunately it's the sellers porogative for the exchange date.
Until you have exchanged, its not your property.
Go back to your solicitor and ask when the exchange date can be carried out.

I know of a selling party who sold their house but wanted to have the exchange date in 3 months time (after christmas).
The buyers tried to play hard ball and demand 1 month.
The sellers simply stated if the exchange date was not suitable they would refer to the next highest bidder.
The buyers then reluctantly agreed the 3 month date rather than lose the house.

I am not saying this will be the situation for yourself, only you need to ask your solicitor to get an agreed exchange date from the sellers

krishna

Nothing to stop you from suggesting your preferred date. Seller may not have a strong view on completion date.

david29dpo

The completion date is set by the buyer and seller prior to exchange.

IveSeenTheLight

david29dpo wrote: »

The completion date is set by the buyer and seller prior to exchange.

While it may appear to be this way, it is in fact only when the seller agree's to the date

krishna wrote:

Nothing to stop you from suggesting your preferred date. Seller may not have a strong view on completion date.

Agreed, in fact the seller may be as keen as you to complete as soon as possible

david29dpo

I beg to differ. My solicitor has just confirmed that indeed the seller does mostly set the completion date in most cases , the buyer has to agree before he signs.

Richard_Webster

david29dpo wrote: »

I beg to differ. My solicitor has just confirmed that indeed the seller does mostly set the completion date in most cases , the buyer has to agree before he signs.

I'm not sure where any of this is getting in terms of who gets to suggest the dates. The point is that both seller and buyer have to agree a date for completion before exchange can take place.

I know people using "sign" in a very loose way but it does cause confusion. A contract can't be exchanged unless it is signed but signing does not of itself make it legally binding.

IveSeenTheLight

david29dpo wrote: »

I beg to differ. My solicitor has just confirmed that indeed the seller does mostly set the completion date in most cases , the buyer has to agree before he signs.

If the seller does not agree, how does the buyer set the completion date.

I refer back to my example where the buyer tried to insist on a one month exchange and the seller insisted that they did not want to exchange for 3 months. It was they sellers perogative.
Sure they may have lost a buyer if the buyer is not willing to wait until a the sellers agreeable time, however this is still the sellers perogative.

In most cases there is an easy agreement between the buyer and seller, however to go back to the OP's query, they have to go back to see when it is suitable for the seller to exchange