PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Simultaneous Exchange / Completion

Options
2»

Comments

  • I exchanged the day before completion. My solicitor made contact with my lender to inform them of the proposed date of completion. It is absolutely doable exchanging & completing on the same day.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    eve824 said:
    Thanks all. Our solicitor is c**p so I don't tend to trust anything she tells me anymore. I will push for a shorter time.
    Lender holds the purse strings. If their stipulation is 5 days. Then you can be abusive as you like but it ain't going to help you one iota.  
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    eve824 said:
    Thanks all. Our solicitor is c**p so I don't tend to trust anything she tells me anymore. I will push for a shorter time.
    Lender holds the purse strings. If their stipulation is 5 days. Then you can be abusive as you like but it ain't going to help you one iota.  
    The only relevant "stipulation" of the lender is how much notice they need for drawdown - as I said above, there's no need for exchange to have happened before you request funds, and the lender doesn't have any interest in when you exchange.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.