Pre Christmas exchange

ccfc1972

Thanks for the replies guys, and apologies for hi-jacking the thread.

c9roline

No need to apologise. It’s good other people have similar questions and thanks for all the replies! 🙂

joe90mitch

ccfc1972 said:

Ah I see...no we would be happy to exchange before Christmas and complete on Boxing day, if it were possible 😊

Haha me and my partner are in the same boat. Currently set to complete a week today (after it got delayed from today) and if it gets delayed again we'd be more than happy to move immediately after Christmas. However I think, unfortunately, that the reason completion doesn't really happen in the 2 weeks around Christmas is because conveyancers, removals companies, etc will have a lot of people off work and so the logistics just don't work. So from my understanding (for the specific dates this year) from Saturday 19th through to Monday 4th will be a bit of a dead period in all house buying/selling aspects. Hopefully your solicitor and your chains' solicitors can just get everything lined up so that an exchange can happen really quickly after New Year.

Scotbot

ccfc1972 said:

joe90mitch said:

ccfc1972 said:

Is there always "at least 2 weeks" between exchange and completion? Why is this?

No, not at all. I think a lot of exchanges are happening days before completion at the moment, ours is. It can even be the same day.

I was just meaning in your case they might be saying there's a risk because you're asking to exchange prior to christmas, but complete in January - i.e. the minimum time that this scenario could happen is 2 weeks long as I think most conveyancers won't be doing much from the 18th onwards.

Ah I see...no we would be happy to exchange before Christmas and complete on Boxing day, if it were possible 😊

No it isn't as it is a public holiday. Your solicitor needs to action completion on the day so be at work. I doubt any conveyancer will work between Xmas and New Year.

ccfc1972

Scotbot said:

ccfc1972 said:

joe90mitch said:

ccfc1972 said:

Is there always "at least 2 weeks" between exchange and completion? Why is this?

No, not at all. I think a lot of exchanges are happening days before completion at the moment, ours is. It can even be the same day.

I was just meaning in your case they might be saying there's a risk because you're asking to exchange prior to christmas, but complete in January - i.e. the minimum time that this scenario could happen is 2 weeks long as I think most conveyancers won't be doing much from the 18th onwards.

Ah I see...no we would be happy to exchange before Christmas and complete on Boxing day, if it were possible 😊

No it isn't as it is a public holiday. Your solicitor needs to action completion on the day so be at work. I doubt any conveyancer will work between Xmas and New Year.

I know, it was tongue-in-cheek 😊

badger09

Like many others, everyone in our chain (currently 4 since our vendors pulled out) was hoping to exchange & complete before Christmas. Now we're all going for completion 8th Jan, hoping for exchange before Christmas. I'm dreading being told someone's solicitor lower down won't exchange before Christmas, but am prepared for it.

We need a 2 day move, one for packing & loading one for moving everything into storage as we are breaking the chain. I got the full written quote on Thursday, immediately followed by an email to say 8th Jan now fully booked! I've bitten the bullet & paid deposit for 6th & 7th Jan. If the whole thing collapses, all our stuff will be in storage and we'll have to do over 2 hour round trips to make sure house is ok until completion. Most solicitors are closing  22nd or 23rd December until 4th Jan. Its going to be a very stressy Christmas.