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Housing chains

Posted: Sun Dec 8, 2019 7:13pm
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Posts: 31

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Location: El Campello

Joined: 14 Sep 2019

Hi, have found an apartment we like and can put a good deposit down but will need to sell home in Uk to fund it.  Are there such things as property chains in Spain and how long are you given to complete the sale.

As always many thanks in advance

Posted: Sun Dec 8, 2019 8:51pm

Posts: 56

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Location: Daya Nueva

Joined: 6 Apr 2019

Posted: Sun Dec 8, 2019 8:51pm

You can usually set a date to agree with both partys usual 3 months thats what we agreed on and then we brought ours forward to complete sooner hope this helps

Posted: Mon Dec 9, 2019 8:09am

Movingon

Super helpful member

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Location: Albatera

Joined: 7 Feb 2018

Posted: Mon Dec 9, 2019 8:09am

There are multiple ways to buy a property  most of which can lead to a loss of a deposit if you fail to complete so it will pay to acquaint yourself with them before signing or even verbally agreeing to anything. 

https://www.spanishpropertyinsight.com/buying-property-in-spain/buying-a-resale-property/contracts/

Posted: Mon Dec 9, 2019 5:51pm

squibs

Original Poster

Posts: 31

star7 helpful points

Location: El Campello

Joined: 14 Sep 2019

Posted: Mon Dec 9, 2019 5:51pm

Just read this, very informative thankyou

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