Hi, I *should* be competing contracts on the sale of my property this friday. I will be moving into rented accomadation with my partner the same day. As expected, I will need to pay bond money+1st months rent (total £1700) to the letting company. I am due around £14K from the sale of my property, which I've asked my solicitor to deposit in my HSBC current account (I'll wizz the bulk across to a savings account for a few days)
My question is: Once I get a call from my solcitor saying that she has transfered funds, will I be able to draw on them? Ideally, I'll be waiting for her to call, then will nip into the town and withdraw £1700 for the letting agency.
Has anyone else done this? What do I need to tell my solcitor to ensure that I can draw on the funds once they have been transfered? If I am unable to draw on the funds, I will have a van full of my kit, and no-where to sleep!
Any thoughts welcome! Jason