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FTB - Completion likely to be before October. What do I do?

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Comments

  • There is/was a 28 day minimum time between switches to allow time for all the back room industry procedures. If an attempt was made to switch, say, 21 days after the date of transfer then it would be rejected by the system. I have no idea whether this will change with the reduction to the switching time.

    Taking over a deemed supply is not a switch. The property is correctly listed on the two National Databases with the deemed supplier as the designated supplier. All the deemed supplier has to do is set up a new account.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Given the vastly reduced number of switches in the current situation, a 21 day switch ought to be easily achievable by the industry now? Basically, 14 days cooling off, and then 7 days to carry out the switch.
    No free lunch, and no free laptop ;)
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Question is not how long the switch takes, it is about people been told that when they sign up with the supplier who was supplying their new home they have to wait 21 days before they can start the switching process.

    So 21 days before they could start and however long it took for the switch to happen.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 13 August 2022 at 8:27PM
    It's a myth. You can commence a switch as soon as you have an account with the deemed supplier. Essentially, you need an address, a supplier, and an account number.
    No free lunch, and no free laptop ;)
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