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I was at the "top" of the chain (kind of, the ones buying mine were the children of the people below me in the chain so the I was top of the money chain but separate in the moving in/out chain).
Someone further down the chain had some covid clause to allow a delay to completion so the solicitors for my buyer wanted a simultaneous exchange/completion to avoid the risk of completion further down the chain not happening.
We said no as you've got a total lack of certainty about moving until you have to move.
In the end we exchanged when the rest of the chain completed and completed a few weeks after.
Hearing rumours of some parties insisting on simultaneous exchange and completion. Anyone who has bought/sold recently or know someone who has care to share their experience of this being a thing? If so, what are the pros/cons?