Cletus Van Damme
Previously known as Cheesney Hawks
- Location
- Out in the sticks...
I'm buying a traded in house that was traded in against a new build Taylor Wimpey house. The traded in house will not be available until the current occupants move out. I'm told that this will be sometime in September. Yet I am being told that I have to complete this Tuesday, pay a large deposit that I have, over 100K.
Then when the house that the occupants are buying is available I'll be given 12 days notice as to when I get the keys. I have slight concerns, why do they need the money now, what happens if it is delayed.
I was told by my solicitor, that I should get house insurance once it completes, yet I'm really confused as the occupants are still in the house. I'm getting no interest on the deposit paid, what if the housing company went bust. I find it all so vague. I am dealing with a trainee solicitor.
Has anybody done this kind of thing before please?
Then when the house that the occupants are buying is available I'll be given 12 days notice as to when I get the keys. I have slight concerns, why do they need the money now, what happens if it is delayed.
I was told by my solicitor, that I should get house insurance once it completes, yet I'm really confused as the occupants are still in the house. I'm getting no interest on the deposit paid, what if the housing company went bust. I find it all so vague. I am dealing with a trainee solicitor.
Has anybody done this kind of thing before please?