• Do We Have To Exchange On The Sane Day?

    By Guest on 13th Jun 2016

    Hi i am in the process of getting divorced and we are selling the family home in order for us each to rebuy. Once we have an offer on the shared property and if i find a property first that I wish to buy, can I exchange contracts in order to secure the property while my ex is still looking and then we obviously all complete on the same day?

  • 1 Answers

    By Guest on 03/07/2016

    You need to make sure you exchange on your sale and purchase at the same time. If you just exchange on the purchase then cannot complete on the completion date because the sale is not ready to complete you will be in breach of contract and liable for severe penalties

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