HouseHunter2016
Registered User
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We've recently sold our home and our solicitor has received the proceeds (after the mortgage has been paid). Can anyone advise what typically happens to this money now?
We are Sale Agreed to buy another house, and are waiting on the seller to sign his part of the contract. The purchase will be part-proceeds and part-mortgage
Our solicitor has asked us to collect the money.
Can we ask them to hold on to the money in the short-term until the new house is bought?
Or is it preferable to collect it and lodge it to my personal account?
We are Sale Agreed to buy another house, and are waiting on the seller to sign his part of the contract. The purchase will be part-proceeds and part-mortgage
Our solicitor has asked us to collect the money.
Can we ask them to hold on to the money in the short-term until the new house is bought?
Or is it preferable to collect it and lodge it to my personal account?