Animals & Nature0 min ago
Deposit when selling and buying a property
Can someone tell me ...
I am selling my house and wanting to buy another. Do I still need to physically find a deposit from somewhere or what happens. Thanks
I am selling my house and wanting to buy another. Do I still need to physically find a deposit from somewhere or what happens. Thanks
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.If both the transactions are linked together then the deposit you get on your sale can be used on your purchase provided the figures are agreed on both sides.
You can exchange and complete both on the same day but this is unlikely as most people like to exchange earlier to get people tied in and have a certain moving date for completion and to organise everything.
You can exchange and complete both on the same day but this is unlikely as most people like to exchange earlier to get people tied in and have a certain moving date for completion and to organise everything.