Max £4000 deposit in a year and you can only claim 12 months after your first deposit. Never mind.
Probably explains why the solicitor and mortgage advisor didn't say anything
True, but you can't transfer everything into it in a oner anymore, that was a short term thing iirc.
True, but you can't transfer everything into it in a oner anymore, that was a short term thing iirc.
After lots of to-ing and fro-ing with our solicitor I think we're picking up pace again. We have one final plot plan to sign, they've (finally) requested funds from our LISAs and they're now going for ATE from Help To Buy. Fingers crossed I'll actually be in the house within a month! I did manage to sneak onto the plot last weekend - some silly builder mistakenly left a gap on the fencing that was just the right size for me to fit through... I'm very excited, kitchen was in, looking tidy, garden feels bigger than I thought it was going to be. Good times!
Thankfully before we moved in.
lol We are confirmed to complete on 21st June. I'm still slightly apprehensive that it's quite close to the end of June in case anything goes wrong. But by all accounts completion date is absolutely locked in even when you're in a chain (we aren't), and the only thing that the sellers could do is back out entirely. In which case we wouldn't be caring about the stamp duty anyway! And they'd have to pay our costs. We picked that date because we didn't want too much of an overlap with the end of our rental contract. We really didn't want to be paying rent and a mortgage, plus 2x council tax for too long. But we have 3 weeks of overlap that took us to a round finish on our tenancy so that seemed fair enough. So, phew! And eek! That makes it exactly 4 weeks to exchange from when we took on our replacement solicitor. Well done her!Yeah. By all accounts other contracts it's very normal for sellers to move into rented so this type of nonsense doesn't happen?
Well i'm SUPER HAPPY to report we have now exchanged (yesterday)!! After a one day delay because the seller's solicitor did not have a signed copy of the contract?
Yeah. By all accounts other contracts it's very normal for sellers to move into rented so this type of nonsense doesn't happen?
) but the whole chain is exhanged! Completion date 16 June, less than 3 weeks away. RIP London flat, long live the small village house What happens now then? My understanding is that people are liable for a lot of costs if completion doesn't happen when specified. As I mentioned above I'm slightly wary of something happening with ours considering its scheduled for 21st June! (No chain though)
I think that's true in most situations, however we never officialy exchanged contracts and even up until the day made clear to the vendor that due to missing paperwork (the bank's fault) we might not complete on the day. It was a far from practical situation and I don't think either of our sols had experienced the exact scenario we were in. Although the seller is now claiming they had no knowledge of the potential postponement, it's down to the solicitors to prove or dispute this. I don't think it will come to any financial impact (on us at least) if we complete on Tuesday instead. Just a PITA!
Tom..where are you moving to?RIP London flat, long live the small village house
Wow ok interesting. Thought it was a lot more regimented than that! Always exceptions though.
I've just accepted I'll be sitting on the floor for the first few months 
Wow ok interesting. Thought it was a lot more regimented than that! Always exceptions though.
My girlfriend and I have realised that although we want to continue to be safe re. COVID etc. and don't fancy doing 'shopping' (being the young spritely single-jabbers that we are), we kinda need to get to some showrooms to view dining tables and sofas soon. Bearing in mind the wait for some of them to get delivered!
