Tuesday September 23, 2008
Sally our solicitor says that it’s looking good for exchange of contracts on Monday or Tuesday next week, with completion (moving day) two weeks after that. She has been in touch with the solicitors acting for our buyers and for our sellers and their reaction is encouraging.
It’s probably worth repeating that under the legal system in operation in England and Wales, a property deal is not binding on either party until formal ‘Exchange of Contracts’–normally carried out by phone calls between the solicitors. Up to that point, either party may withdraw without penalty of any kind. From the moment of exchange, the deal is legally binding and must be Completed at an agreed time and date within a set period, usually four weeks. We’ll be aiming for two weeks. Failure to Complete on time leaves the defaulter liable to very significant cash penalties.
Graham and I don’t believe in packing up our home a moment before Exchange.
So that leaves us nibbling at the edge of the stuff we can do in readiness for exchange. It’s a complex problem but we’re working on it and plan to be ready to leap into packing mode the instant Sally presses the big red GO button.
From that point forward our job is easy–grab everything that’s smaller than a box, wrap it in paper and/or bubble wrap, and put it in a box. A couple of days before the actual moving day we shall rent a small van and transport our patio plants and containers down to be lodged in a corner of the patio in the new house.
My list is easy enough:
- Get estimates from two removal firms and appoint the winner
- Set up house insurance for the new house
- Set up a Royal Mail forwarding deal
- Cancel all utilities and other accounts for this house.
- Set up utility and other accounts for the new house
- Pay settlement bills
- Stock up on tea and coffee for the big day
I shall keep the journal going right up to the move itself, switching over to the laptop when Graham wants to pack up my study. Sadly, there is no standard British Telecom connection in the new house–the current owners use a cable service which is no good to us–so there’s going to be a short period from moving day forward when I’ll not be able to make daily posts until British Telecom establish new phone and broadband connections for us.
There is however a free wifi hotspot in our new local town, and the public library has Internet access for customers, so I’ll be able to let y’all know that we’ve arrived safely, and go on to keep you informed at, say, weekly intervals. I’ll post a couple of agent photos of the new house when we’ve exchanged contracts, and fully intend to keep the camera busy all the way through to the point where we’re established and life settles down to a more normal pace.
Dolly the Megacat will spend moving day in her travel box, lodged in safe places out of the way. We’ll lodge her box between our two seats in the car, facing forwards so that she can give us directions. The instant the removal men have gone we’ll shut the doors and windows, and let her out to stretch her legs, eat, drink, pee, and generally tell us off until we all fall into bed after dinner. She’s done it before. So have we.
It’ll be an interesting couple of weeks.
Quo vadis? I think it safe to say that our new house is on the outskirts of a small village called Cilfrew, just a few miles outside Neath. You can find it on Google maps easy enough.