adamsat
27th May 2005, 10:13 AM
Has anyone ever had any experience of exchanging contracts and completing on the same day?
I ask as it looks like we are going to have to do this the day before we fly out for NZ (should make for an exciting few days :laugh ). Apparently as our buyers are taking out a buy to let mortgage on their exisitng property to fund the deposit for the mortgage on our house this is the only way it can be done. I'm not sure of the legal aspects but our solicitor asures me it's the only way.
Anyone got some nice positive stories about how they did this and it went smoothly.
I ask as it looks like we are going to have to do this the day before we fly out for NZ (should make for an exciting few days :laugh ). Apparently as our buyers are taking out a buy to let mortgage on their exisitng property to fund the deposit for the mortgage on our house this is the only way it can be done. I'm not sure of the legal aspects but our solicitor asures me it's the only way.
Anyone got some nice positive stories about how they did this and it went smoothly.