At a dead run?

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After having typed in my blog yesterday, I received a phone call.

Now before I go on, I should point out that we only returned our documents to the solicitors about a fortnight ago, which meant that it should take a further four to six weeks before exchange and completion. Now you're up to speed, I can press on...

Yesterday's phone call was a bit of a revelation.

Our buyer's buyer (I know, the dreaded chain) was supposedly a cash purchaser, but it transpires that they too have a buyer and their buyer is waiting to move into their property. They need to do this by the end of this month or at the latest, the beginning of the next.

Our estate agent asked how long we needed to move and I said that we needed two weeks between exchange and completion.

"Ah..." he said.

Well, there then came a complete load of what to me sounded like gibberish, but I assured him that that's what we had stipulated in our contract and that's what we needed. Of course I had no idea at this time about the purchaser's purchaser.

A second phone call explained everything.

It could be as little as a week before we need to find somewhere else, but we can't just go get a rented property until we know for certain that the sale will go through. We won't know that until exchange.

The problem is, if our purchaser's solicitors don't get their shit together, our purchaser's purchaser may well have to pull out too because of time constraints with their purchaser.

Confused?

Try and see it from our perspective.

If all goes well - and we fervently hope it will, we will be on our way sooner rather than later, but it will only take a slight bit of pooh and we could be left high and dry...

Fingers grossed please.

NB

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