• Licence For Seller To Occupy After Completion V Delayed Completion

    By Guest on 25th Mar 2016

    We are in the middle of a chain. Our buyer's end insist on completing by a deadline and our vendor insists on completing a week later. two possible solutions have been suggested. Option One is delayed completion on our purchase (we would rent elsewhere for a week and the removal company would keep our stuff meanwhile). option 2 is to allow the seller to remain in occupation for a week after completion. For us it is the same except that in option 2 we know we own the property. But is there a problem with insurance and/or tenancy rights. Advice appreciated.

  • 1 Answers

    By Guest on 06/06/2021

    FCA regulated activity may put a legal block on sale/rent back arrangement to allow vendor to remain.

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