Property buying/selling timeline - currently into week 21
04/12/20: Both properties listed for sale
11/01/21: Offers
accepted on both sales & on our joint purchase
25/01/21: Identity checks completed, solicitors instructed
27/01/21: Purchase survey & valuation complete, mortgage offer
received
05/02/21: Reduction agreed on partner's sale (under-valuation) & on
purchase. Mortgage offer amended
08/02/21: Buyers pack returned to solicitor - sellers packs already returned
26/02/21:
Partner's sale contract signed
10/03/21: Purchase searches all back
16/03/21: My sale contract signed
28/03/21: Purchase enquiries satisfied, Title
Report & contracts issued, contracts signed & returned
11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
17/05/21: All parties agreed to June 3rd for completion
27/05/21: Exchanged on my sale only
28/05/21: ALL EXCHANGED!
03/06/21: Completion
We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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.
📨 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!
Advice
Options
fluffyface23
Posts: 2 Newbie
Hi all, I was just after a bit of advice. Our house sale and onward purchase has been going on since January. On our onward purchase the seller refuses to move until 21st June as they have a large family wedding to attend. They have already tried it on delaying the move date for all the chain but we finally landed on the 21st June. Due to their behaviour myself and the chain below me are keen to exchange contracts asap. My concern now is that the area is one of these that the Gov have just covertly advised restrictions in for travel etc and its only guidance at the moment. As the seller has tried pulling a fast one with the move date already and put the chain below me at risk of falling through, I'm concerned that they will attend this big wedding prior to the move date then say they can't move as they have covid (which could be true or not given that the wedding is taking place in a high risk area). Does anyone have any advice on what I should do? For example do you think it is reasonable to go back and say we want an earlier move date? I think part of the problem with the moving earlier too is that they are moving to a new build and don't want to live with family for longer than needed!
0
Comments
-
Of course you can ask.
And of course they can dig their heels in.
At which point, you have to choose whether or not to walk away...0 -
How much of a gap are you looking for between exchange and completion?
Once you’ve exchanged they have no option but to stick to the date.All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
When is the wedding? I would be tempted to make it 10 days after that, in case of isolation/track and trace. Although whether a 'large wedding' would be allowed to go ahead by June 21st is anyone's guess, especially if in one of these higher risk areas, it's currently limited to 30.
We are hoping to exchange today (fingers crossed) and complete in 9 days, and we are stopping all socialising or visiting places where you need to scan in now, just in case we have to isolate and miss our completion date, although I'm sure most house movers wouldn't think to.0 -
We haven't exchanged yet. I'm pushing and pushing to get the exchange done this week.elsien said:How much of a gap are you looking for between exchange and completion?
Once you’ve exchanged they have no option but to stick to the date.0 -
10 days later is going to potentially cost a lot of moneyNatbag said:When is the wedding? I would be tempted to make it 10 days after that, in case of isolation/track and trace. Although whether a 'large wedding' would be allowed to go ahead by June 21st is anyone's guess, especially if in one of these higher risk areas, it's currently limited to 30.
We are hoping to exchange today (fingers crossed) and complete in 9 days, and we are stopping all socialising or visiting places where you need to scan in now, just in case we have to isolate and miss our completion date, although I'm sure most house movers wouldn't think to.30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards