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  • Stupid question, and one I could just ask my solicitor, but I've spoken to them enough today

    When buying this place, it wasn't a huge deposit, so transfer was easy. This time round I'm going to have to send about 70k with the rest coming from the sale of our place. When and how do I do that? Is it on the day or beforehand so that it's in place? Online I think I have a limit of 20k per day, do we need to go to a branch? I moved everything into the one account last week so at least it only has to come from one place.

  • We had a similar 20k per day limit so transferred the money to our solicitor over several days. I think we also sent a small amount (£100 maybe) and got confirmation it had arrived before sending the big bucks.

  • That's another plan I had. We've already paid some up front for searches so have the payee details loaded. I will be confirming over the phone that the details are still the same then probably doing that.

  • transferred the money to our solicitor over several days

    Some conveyancers have got annoyed by people doing this to avoid TT/CHAPS fees and will charge for their time spent reconciling X small payments.

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