Do you mean complete? You've said exchange twice.Ask your solicitor. Due to ever changing restrictions we were advised that exchange/completion should happen on the same day.
What's the nature of the risk here? If I'm right this is just the difference between agreeing / baselining the contractual side, and you actually paying for the house.Only thing I can think of is that something catastrophic happens to the house in the 4-week window, but presumably that's mitigated by the fact you're gonna insure it from point of exchange?
There's a breakdown of some risks here.https://www.bowfin.co.uk/what-can-go-wrong-between-exchange-and-completion/
Does the insurance on the new place cover you without occupancy (for >30 days)?
What's the nature of the risk here? Only thing I can think of is that something catastrophic happens to the house in the 4-week window, but presumably that's mitigated by the fact you're gonna insure it from point of exchange?
Just to update for anyone reading in the future...Solicitor = Keely Moore at Eatons. May update this if she's shit.
I emailed one of the senior partners and documented their failings
that seems a less than ideal financial set up. If I was contributing 50% of everything bar the initial deposit id want to get to a position where I owned 50% of the house. It also sounds like a will would be a good idea at some point.