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.
Selling Own Property and Buying with Partner.
gr36
Posts: 1 Newbie
Hi! Seeking a little guidance on the process here.
I am selling my property (sole owner) to then purchase a new property with my partner who sold earlier in the year.
Maybe I'm over complicating it, but how does it work with solicitors?
In the past when I bought and sold it felt like 'one process'.
In this case is it two more distinct processes?
1. Sale of my property
2. Purchase of our new property?
Maybe over thinking it but when the sale of this one is in the chain for the new how can that work?!
Thanks!
I am selling my property (sole owner) to then purchase a new property with my partner who sold earlier in the year.
Maybe I'm over complicating it, but how does it work with solicitors?
In the past when I bought and sold it felt like 'one process'.
In this case is it two more distinct processes?
1. Sale of my property
2. Purchase of our new property?
Maybe over thinking it but when the sale of this one is in the chain for the new how can that work?!
Thanks!
0
Comments
-
This is a simple sale & purchase. The sale has one seller, and the purchase has two buyers...but sale and purchase are always separate transactions anyway. Your solicitor will be in touch with the appropriate parties to coordinate your sale and your purchase so that everything runs smoothly.2
-
As above but make sure hat you have a deed of trust to protect you in case of partnership breakdown. it is also important that you complete wills.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.2K Banking & Borrowing
- 252.8K Reduce Debt & Boost Income
- 453.2K Spending & Discounts
- 243.1K Work, Benefits & Business
- 597.5K Mortgages, Homes & Bills
- 176.5K Life & Family
- 256.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards