You are reading a single comment by @stevo_com and its replies. Click here to read the full conversation.
  • "Any savings you're using towards the property purchase should be in place for at least six months"

    WTF conveyancing firm? This is specified after we get the ball rolling? Is this a standard practice or is this company being extra cautious for one reason or another? I didn't have any savings (other than next month's rent) 6 months ago. Glad there's a cancellation period (unless I give the go ahead) on conveyancing, but if this is standard then I should start looking for rentals again.

  • yes I know that much the infamous AML, but the 6 month rule isn't mentioned anywhere else other than this form. Everybody we paid or talked to (who're supposed to get nice referral fees from each other) was behaving like it doesn't exist and for instance it's ok to "up the deposit by the time of the exchange". In what world it would be ok if anything needs to be stood in the accounts for 6 months minimum?

About

Avatar for stevo_com @stevo_com started