70%46Â°36Â°Windy with a high of 46 Â°F (7.8 Â°C) and a 80% chance of precipitation. Winds NW at 18 to 27 mph (29.0 to 43.5 kph).Night - Partly cloudy. Winds variable at 11 to 25 mph (17.7 to 40.2 kph). The overnight low will be 37 Â°F (2.8 Â°C).
Unfortunately exchanging contracts doesnât mean you can now move all your things in. It is usually done 1 to 4 weeks before completion, although it is possible to arrange the exchange on completion day. As exchanging contracts is a legally binding commitment, you need to be absolutely certain you want to go ahead and also that you have everything in place beforehand.
The buyer will almost certainly be responsible for the buildings insurance for the period between exchange and completion, but you should make sure the contracts state who has to arrange the cover. This period can be anything from a day, weeks or a couple of months depending on other buyers and sellers in the chain.he new owner of the property will also be added at the Land Registry. When the time comes to exchange contracts, the buyer must put down a deposit, typically this is 10 per cent of the purchase price.