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They are emmigrating then and are also expecting a baby in 4 weeks, so they want to avoid having to move twice. They are keen to exchange as quickly as possible though.
That cake. I can haz it. And eat it?
They can pay you the interest on the deposit?
I'm not sure how this might affect any mortgage offer - @Hefty might know. You might find your mortgage offer has expired by then, and things have moved on.
Personally I'd use this as a further bargaining thingy. 'OK that's fine but we are taking £15k off our offer to compensate for interest and uncertainty' or something.
Howard
Hovis
Just had an offer we put on a house accepted. Wahey! Only downside is the seller is saying on the condition that we delay completion until March. They are emmigrating then and are also expecting a baby in 4 weeks, so they want to avoid having to move twice. They are keen to exchange as quickly as possible though.
My question is, what risks are we exposing ourselves too if we exchange contracts 2 months before completion. From what I understand, after exchange we become responsible for the property and thus will need to get building insurance, but is there anything else I should be thinking about?