Moving my mum into a retirement home

getmore4less

Your mum will have to pay it on her purchase as she won't have soldthe previous place..

Mojisola

getmore4less wrote: »

Your mum will have to pay it on her purchase as she won't have sold the previous place..

But she will be able to reclaim it.

pinkteapot

SpartaBantam wrote: »

The latest cockup from the buyer has left her without a phone and broadband, as we had already arranged to move them to the new property (Talktalk have a 10 day turnaround on house moves. They have actually done something right and on time for once in disconnectign everything from her current property. Unfortunately it will now take 10 days to reset to this property, and ten days to move back again, and they wont let the jobs overlap). Bizarrely, the house insurance call took longer than the Talktalk once, and got her even more annoyed. So my primary reason for the move is for her health.

If dates are still changing then presumably you haven't exchanged contracts?

In which case I'm sorry but you simply shouldn't have done any of the above yet. You shouldn't arrange any services etc until contracts have been exchanged because the whole thing could fall through, and dates can easily change. It's not the buyer that's left her without phone/broadband. You need to do what you can to discourage her from making arrangements before exchange.

SpartaBantam

Agreed, we've probably been poorly guided by our solicitor, as exchange and completion on the same day appeared to be the only option. We're also being rushed by our buyer which hasn't helped.

robatwork

SpartaBantam wrote: »

Agreed, we've probably been poorly guided by our solicitor, as exchange and completion on the same day appeared to be the only option. We're also being rushed by our buyer which hasn't helped.

I find it very difficult to believe a solicitor would have said exchange and complete on the same day was your only option. Most solicitors are much more circumspect than that.

Are you sure they said that to you, or that you said that to them?
Or was this just pressure from the buyer that you didn't push back on?

lisyloo

SpartaBantam wrote: »

Obviously, I'm hoping she won't die in this period! I'm confused why an expensive bridging loan is preferably to me lending her the money myself?

Well obviously you hope she won’t die but you asked what the issues were so I assumed you wanted to research and possibly mitigate the issues rather than crossing your fingers and hoping.

A bridging loan is preferential as it removes the possibility of any long lasting ill feeling that occurs when things go wrong e.g. she dies and someone else ends up with the £50k

onwards&upwards

I think you should just be patient, let the process run and reassure your mum that this is completely normal in the modern world of buying and selling property which she won’t have any clue about!

Your job is to not stress her out!