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  • We have negotiated a grand off the purchase price so we can carry out some immediate work (bricks missing in firewall in attic)

    Our solicitor has informed our lender (Halifax) but has yet to hear back from them. Am a bit worried this could all throw a spanner in the works of moving in before end of June over a measly grand.

    We had originally asked for more off and a grand was a compromise.

    When it comes to setting a completion date does the solicitor have to inform the lender etc? Am a bit concerned if they take a couple of weeks to reply to this they will be the same when it comes to sorting the exchange. But I have no idea what the process is..

    Everything else is ready and done

  • Don’t see that this will be a problem - I would imagine 8/10 purchases have a price chip after the survey etc. Probably just busy with stamp duty holiday etc. Wouldn’t stress about it

  • Yeah thats why I'm trying to get everything sorted asap, don't want to get caught up in stamp duty madness towards the end of next month! Should be fine, estate agent and solicitor still confident we'll be in early June, till we know though we cant hand in our notice on our flat.

  • Update on our purchase..

    Solicitor said he hadnt heard back from our lender so I sent an email to the rep from Halifax we spoke to while setting up the mortgage to see if she could do anything.

    She replied about an hour later to say that they have already replied (lol ffs)

    We had negotiated a grand to complete some work, we had originally asked for 5k but ce la vie. Our solicitor said that the mortgage amount and purchase price would stay the same but they would just deduct the grand when it came to transferring funds via an allowance so we would ultimately be left with that grand.

    The lender (Halifax) says that we cant do that legally and the only option is to adjust the purchase price.

    We don't have time to adjust the purchase price, is it possible to get the money any other way, weeks ago the estate agent suggested drawing up a mini contract but our solicitor insisted on doing it this way and now we're here.

    It's only a grand so not going to let it get in the way of completion, would just like the grand. Can we just call the seller and say - pretty please send it on completion?

    Also find it hard to believe our solicitor hasnt done it this way before but cant really argue with the bank.

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