Right, well for those who are actually reading this thread, exchange is either going to happen tomorrow or friday
Our buyer is getting 110% mortgage :O which is bad news for us - he has no deposit, which is the opposite of what we were told before - he was supposed to be giving his fee's etc in deposit.
Anyway, left us in an awkward position, the developers at the end of the chain won't exchange on £0 deposit - so WE have to put money down, but not actually get any from our buyer.
Means if it falls through, we have to go through small-claims court etc to get money from him.
Does anyone know anything about this, and care to shed some light? We're in a tight spot - exchange/complete on sameday is not an option for the rest of the chain, so I don't think we've got a choice???
Thx in advance!