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Chain of 4 - Diff Completion Dates?
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Well, your seller isn't going to let you move into a house which you haven't paid for yet.ironlady2022 said:
No I cannotuser1977 said:
Can you afford to complete your purchase without the funds from your sale?ironlady2022 said:Hi, I'm in a chain of 4.
1) My Buyer (currently living in a mortgaged flat. The flat will remain theirs and they intend to rent out. They have applied for mortgage in the Wife's name to avoid stamp duty).
2) Me,
3) My Seller,
4) My Seller's Seller (buying new build to be complete in Sept)
If myself and 3 and 4 Seller agree one date, can I agree a slightly later date with my Buyer? Say a week or a few days later to give me chance to move, rather than rush on the day?
Or to put it another way, your buyers aren't going to pay you for a house which you haven't moved out of yet.
So yes, everybody has to move on the same day, unless somebody has enough cash to own two properties at once.4
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