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Cash buyer exchange/completion same day

2

Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    hazyjo said:
    Dodgy. Push back against that.
    It's not 'dodgy' at all. It's what most solicitors are advising in this current climate.

    Can you compromise with a week?

    I wouldn't usually advocate same day exchange/completion, but even I would choose that at the mo.
    It's dodgy because the OP is being coerced into doing something they don't want to do.
    Where's the coercion? It's just a negotiation.
  • davidmcn said:
    hazyjo said:
    Dodgy. Push back against that.
    It's not 'dodgy' at all. It's what most solicitors are advising in this current climate.

    Can you compromise with a week?

    I wouldn't usually advocate same day exchange/completion, but even I would choose that at the mo.
    It's dodgy because the OP is being coerced into doing something they don't want to do.
    Where's the coercion? It's just a negotiation.
    Nope.
    "This has been put to buyer but they've asked again to exchange/complete on same day."
    "I just don't want to add on that extra pressure"
  • I'm in a rental and want to have the cottage and carpets cleaned by a local trustworthy professional.  If I'm asked to exchange/complete on the same day I suppose this would still be possible, I might have to pay the landlord for another week.  
    £216 saved 24 October 2014
  • davidmcn said:
    hazyjo said:
    Dodgy. Push back against that.
    It's not 'dodgy' at all. It's what most solicitors are advising in this current climate.

    Can you compromise with a week?

    I wouldn't usually advocate same day exchange/completion, but even I would choose that at the mo.
    It's dodgy because the OP is being coerced into doing something they don't want to do.
    Where's the coercion? It's just a negotiation.
    Nope.
    "This has been put to buyer but they've asked again to exchange/complete on same day."
    "I just don't want to add on that extra pressure"
    You are talking garbage.

    So are you. Now what, clever clogs?
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    hazyjo said:
    Dodgy. Push back against that.
    It's not 'dodgy' at all. It's what most solicitors are advising in this current climate.

    Can you compromise with a week?

    I wouldn't usually advocate same day exchange/completion, but even I would choose that at the mo.
    It's dodgy because the OP is being coerced into doing something they don't want to do.
    How are they being 'coerced'? They've been asked to agree to same day exchange and completion: they can agree, decline, or compromise with a shorter gap between. That's negotiation, not coercion.
    No free lunch, and no free laptop ;)
  • camden_kid
    camden_kid Posts: 57 Forumite
    Third Anniversary 10 Posts
    edited 27 November 2020 at 2:40PM
    macman said:
    hazyjo said:
    Dodgy. Push back against that.
    It's not 'dodgy' at all. It's what most solicitors are advising in this current climate.

    Can you compromise with a week?

    I wouldn't usually advocate same day exchange/completion, but even I would choose that at the mo.
    It's dodgy because the OP is being coerced into doing something they don't want to do.
    How are they being 'coerced'? They've been asked to agree to same day exchange and completion: they can agree, decline, or compromise with a shorter gap between. That's negotiation, not coercion.
    "This has been put to buyer but they've asked again to exchange/complete on same day."
    Are you lot being deliberately obtuse? The buyer is putting pressure on the OP.
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    macman said:
    hazyjo said:
    Dodgy. Push back against that.
    It's not 'dodgy' at all. It's what most solicitors are advising in this current climate.

    Can you compromise with a week?

    I wouldn't usually advocate same day exchange/completion, but even I would choose that at the mo.
    It's dodgy because the OP is being coerced into doing something they don't want to do.
    How are they being 'coerced'? They've been asked to agree to same day exchange and completion: they can agree, decline, or compromise with a shorter gap between. That's negotiation, not coercion.
    "This has been put to buyer but they've asked again to exchange/complete on same day."
    Are you lot being deliberately obtuse? The buyer is putting pressure on the OP.
    And if the OP puts pressure on the buyer to accept a gap between exchange and completion, that wouldn't be "coercion"?
  • davidmcn said:
    macman said:
    hazyjo said:
    Dodgy. Push back against that.
    It's not 'dodgy' at all. It's what most solicitors are advising in this current climate.

    Can you compromise with a week?

    I wouldn't usually advocate same day exchange/completion, but even I would choose that at the mo.
    It's dodgy because the OP is being coerced into doing something they don't want to do.
    How are they being 'coerced'? They've been asked to agree to same day exchange and completion: they can agree, decline, or compromise with a shorter gap between. That's negotiation, not coercion.
    "This has been put to buyer but they've asked again to exchange/complete on same day."
    Are you lot being deliberately obtuse? The buyer is putting pressure on the OP.
    And if the OP puts pressure on the buyer to accept a gap between exchange and completion, that wouldn't be "coercion"?
    I give up.
    OP - Don't let anyone make you do something you don't want. Life's too short for this - "just don't want to add on that extra pressure". Good luck and all the best
  • v_rouge
    v_rouge Posts: 20 Forumite
    Third Anniversary 10 Posts
    My cash buyer asked to exchange/complete on the same day (through my EA) with 6 days notice. I said I'd confirm in an hour or so. I arranged removals/ storage, called the EA back, confirmed it was all okay and it went smoothly without any issues. If I hadn't been able to arrange removals/storage then I would have negotiated with the buyer to what suited both of us but luckily all the other arrangements came through so I was able to agree to their request. If the OP isn't comfortable with agreeing then come to another arrangement which suits them. 
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