House Purchase query

vendredi 14 octobre 2022

Can someone who is more clued up assist, if able

We are due to Complete on our house sale, next Friday (we exchanged on both properties a month ago).

However as we are moving to a new build, which will not be ready until mid January, at the earliest, so will be staying with our son until then :eek:

In this case we have no mortgage and our purchase is being bought entirely with cash from our house sale

Normally any monies would be held by the conveyancer/solicitor until both transactions are complete, I believe, but surely they don't hold onto nearly 600k until our sale is ready to complete?


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