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  • If you really want the house I'd cut them a bit of slack, be a little bit human and go for it.

    The problem isn't with the timescales - well, it kinda is, but - the problem is that the seller wants to Exchange as quickly as possible whilst fixing the Completion date to March.

    The 'human' way of dealing with this would be to appear willing whilst dragging out exchange as long as possible so that should the market take a nosedive you can still punch the abort button whilst not lending them £30k interest free for x months, which is pretty much the opportunity and cost the sellers are trying to take from you by insisting on timing things their way.

  • This advice I will take. Is nice to exchange and have it locked in so there is more certainty in life and you can get on with planning everything else, and I believe the sellers want to do it quick for that reason rather than them being being money hounds playing the market.

    I could just hire a really shitty solicitor who will drag feet in the sand and delay the exchange without my intervention.

  • You’re lucky if you get 1% interest at the mo, so 30k for two months is £50 in interest.

    If you’re really that bothered you could suggest you exchange on a 5% deposit so it’s only £25, that’s perfectly legit.

    In my experience the rate of things that have exchanged not completing is something less than 0.05% so you’re pretty safe there.

    I think they’re being perfectly reasonable, just get on with it.

    #toughlove

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