I'm about 200 miles away.
Dooh ! This has explained it to me http://www.fridaysmove.com/property-law-blog/conveyancing-insider/14/07/2011/buying-freehold-house-part-iii-%E2%80%93-conveyancing-exch
Nothing to worry about.
Not had to do the property chain thing before. Wasn't planning on finding a suitable place for another 6months to a year. So I'm fast having to research and learn.
I see what you mean now, I thought you weren't going to be part of a chain.
Your solicitor should also be able to advise you and as the article you mention states you don't have to agree to a 10% deposit. As the buyer doesn't get their paws on your deposit until you complete it shouldn't matter too much I would have thought if it's less than 10%.
Croatia Keith
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Sounds great and good luck with the project. We eventually gave up looking for our ideal plot in the UK years ago and moved abroad instead.
What sort of house are you hoping to build?
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digit
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We used these, very helpful and got us a good deal, worth a phone call.
http://www.buildstore.co.uk/finance/selfbuildmortgages.html
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onemanband
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Sounds great and good luck with the project. We eventually gave up looking for our ideal plot in the UK years ago and moved abroad instead.
What sort of house are you hoping to build? |
I wouldn't say this plot is ideal / my dream plot, but you have to be realistic given funds and location. The downside of this plot I can live with.
Won't go into too much detail or post pics until it's 100% definite - but what I will say is I've allways wanted a stable home life
onemanband
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We used these, very helpful and got us a good deal, worth a phone call.
http://www.buildstore.co.uk/finance/selfbuildmortgages.html |
Thanks. Bookmarked just incase.
Think I've got my finances sorted out now.
My difficulty is I have limited funds before selling, but have sufficient equity once house is sold.
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