Exchange/completion plus two weeks situation

dunroving

Just tell them, "Solicitor says no ...."

hazyjo

I suppose you could move in and he could stay as 'a mate' with you (wouldn't want all his stuff left there though and would definitely move all my own stuff in!). But I 100% would NOT let him stay there on his own without you moving in. Absolutely crazy. Your lender will say no as will your solicitor.

bikeman17

ok this arrangement between me and the seller is no longer required.

Seller got a new agreement with his seller where they will exchange and get two weeks for re-decorating and then we all complete. This process has been approved by all parties including solictors.

So we all will exchange by this week, so all monies are paid and no going back and complete 2 weeks later.

eddddy

bikeman17 wrote: »

ok this arrangement between me and the seller is no longer required.

Seller got a new agreement with his seller where they will exchange and get two weeks for re-decorating and then we all complete. This process has been approved by all parties including solictors.

So we all will exchange by this week, so all monies are paid and no going back and complete 2 weeks later.

Excellent - so you're "off the hook".

But, FWIW, I still suspect that the "trustworthy man" that you are buying from is telling you porkies.

To do what you describe, the house he's buying must be empty. If it's empty, why would there be a chain above him (that you mention in your first post)?

But assuming it's true, I wonder if the person with the empty house who has agreed to this really has checked with their solicitor? It's possible to do this, but most solicitors would advise against it.


ETA...

But none of this is your problem (unless it causes the chain to fall apart!!!)

bikeman17

Place his moving in is vacant and met him and his family few times so there is no trust issue.

His solicitor must have had this arrangement in place and all be happening after completing and then exchange after two weeks.