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How To Get All Your Ducks in A Row Between Exchange and Completion


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How To Get All Your Ducks in A Row Between Exchange and Completion. Your 7 Point Plan for a Stress Free Big Day When You Move Home

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How To Get All Your Ducks in A Row Between Exchange and Completion

  2. 2. Contracts have nearly/finally (phew!) been exchanged, so now you get ready for completion (moving in/out) day. The wait is almost over! But, hold on a minute!
  3. 3. How long have you got to get ready?
  4. 4. Well, 30 years ago the gap between exchanging contracts and completion day was about a month. Nowadays a week is about the norm. But, sometimes it’s just a few days.
  5. 5. That’s because the other parties in your conveyancing chain may have been ready for some time. Which leaves you with… That’s because the other parties in your conveyancing chain may have been ready for some time. Which leaves you with…
  6. 6. Things to do, people to see, places to go, so little time.
  7. 7. Get all your ducks in a row and (please excuse the mixed metaphor) you’ll be ready to rock n’roll when the big day arrives. But, here’s the plan:
  8. 8. Here is our 7 point plan to help you stay sane and ensure your move is as stress free and smooth as possible. We think you may like a checklist!
  9. 9. BIG NO-NO: avoid exchanging and completing on the same day. Trust us – you don’t want to go there, however much the temptation.
  10. 10. Get it done as soon as possible after exchanging contracts. Packing is a pain in the… well, let’s be honest, no matter what room you happen to be in.
  11. 11. Pack the least used items first, and remember to leave out the coffeee,tea, mugs, etc.
  12. 12. You’ve done #location #location #location… so now remember #hydration #hydration #hydration.
  13. 13. Line up your removal company before your exchange, but don’t confirm until you get the nod from us… HOLD ON!
  14. 14. Admittedly, this can be difficult especially pre-Christmas, Easter and bank holidays. Just don’t commit, as a lot can happen between “almost” exchanging and “actually” exchanging. GO!
  15. 15. If you are arranging your own removals on a DIY basis, take care not to leave too much to pack on completion day. Be realistic.
  16. 16. If you’re not out of your home on completion day by 1:00-2:00 PM you can’t give“vacant possession.”* *Jargon alert! Translate here.
  17. 17. If you need to pay monies to us make sure it’s ready and in the right account! Get any signed documents back to us as soon as possible. It could delay your moving day if you don’t!
  18. 18. And that’s not just bad karma, you could be in breach of contract and may be sued by your buyer for their additional moving costs!
  19. 19. Don’t forget to cancel the milkman! Well perhaps not the milkman these days but you’ll need to tell quite a few people.
  20. 20. (Deep breath) Here goes… Electricity and Gas Suppliers TV Licensing Tell Postie/Royal Mail and Amazon Bank/Building/Credit/Debit Card Companies DVLA Doctor/Health Authority/Dentist/Vet Insurance Companies Santa Claus and the National Lottery (you never know) Interpol (just joking) > > > > > > > > >
  21. 21. You are in a queue, your call is very important to us… Add Benny Hill’s ‘Ernie’ to your playlist so you don’t forget the milkman. Don’t leave it until the last moment, just in case you can’t get through.
  22. 22. Leave a set of keys with your estate agent. Don’t worry, we won’t tell your agent to release them until all the money is safely received into our bank account. Keys!
  23. 23. All set! If no estate agent is involved, we’ll ring you to confirm that money has been transferred and it is safe for you to hand over the keys or leave them behind.
  24. 24. If you’re purchasing, we’ll ring you as soon as we get confirmation that the keys have been released. With a bit of luck around lunchtime you’ll be good to go! Keys are ready!
  25. 25. Do unto others and all that… Not only will this give a nice start to the new owners, you can check you’ve packed everything, locked the doors and windows and remembered the cat! Before you leave your property for the last time make sure you clean it.
  26. 26. be bop a lulu And one last thing, may the Conveyancing weather Gods favour you and avoid Completion Day weather more suitable for Ducks. After all, they’ve helped you enough already. THE BIG DAY ARRIVES!
  27. 27. By the power of the internet, this presentation is available for sharing. We would love it if you shared this with your family, friends and colleagues.
  28. 28. Follow us on Twitter @cluttoncoxlegal or just plain get in touch. 01454 312 125 Clutton Cox Solicitors are based in Chipping Sodbury and Thornbury, Bristol but we really do cover all of England and Wales. Nice to have met you!