Page 12 - March 2024
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EXPERT ADVICE
SCOTLAND’S PREMIER REMOVAL
AND STORAGE SERVICE
What happens
at a closing date?
Hannah Gaddie, solicitor at Gillespie
Macandrew, highlights what happens
when a property goes to closing.
closing date is a set date and time 12pm on the given day and your solicitor
given to all parties interested in will submit your offer as close to this time
A purchasing a property to submit as possible. Your solicitor will normally
their best and final offer. There is no submit an accompanying covering note to
negotiation involved and this is essentially strengthen your offer. For example, if you
blind bidding, as you do not know the are a first-time buyer, your solicitor will THE ART OF BEING LOCAL, NATIONWIDE
position of the other interested parties, or emphasise this as it is attractive to sellers
what their offer might be. to have no chain in the transaction. With more than 100 years’ experience, we are one of the country’s leading
companies in household removals and storage. Whether you are moving locally, nationally,
Anyone can offer through their solicitor at The seller will consider all the offers internationally or even need to store your treasured possessions, our team of experts
a closing date – you do not have to have received and decide which one to choose will ensure that you can sit back while we take care of everything.
noted interest in the property to make an (if any). Once an offer has been accepted
offer. Equally, you do not have to offer at a the selling agent will let the successful party
closing date even if you have noted interest. know, usually that afternoon, and advise For a free moving survey and advice contact:
Not all properties go to a closing date, but the other parties that they have been JOHN DUNCAN REMOVALS - EDINBURGH
they are common in competitive markets unsuccessful. We appreciate you will be
such as Edinburgh. anxious while waiting and it’s difficult to get 0131 654 1200
on with your day as normal, therefore your ESPC@dbonner.co.uk
If you would like to offer at a closing date, solicitor will keep you updated and let you
you should discuss this with your solicitor in know as soon as they hear if you have been DOREE BONNER INTERNATIONAL - GLASGOW
plenty of time. Closing dates are typically at successful or not. 0141 339 6000
ESPC@dbonner.co.uk
www.doreebonner.co.uk
For more from Gillespie Macandrew, visit gillespiemacandrew.co.uk or call 0131 260 7567.
JOHN DUNCAN REMOVALS ARE PART OF THE DOREE BONNER INTERNATIONAL GROUP
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