I'm trying to sell and buy a house at the same time for my sins, and while the agent says they qualify all buyers and root out any potential issues ahead of time, admit there's a limit to the financial info that they can get from people which is fair enough. Ideally I would prefer ( actually need!) to sell to someone who's ready to rock rather than take a higher bid from someone who's in a sale chain etc. I've received a few offers and the buyer I prefer apparently doesn't need to sell but they do need finance.
I'd like to be as certain as I can be that there are no stumbling blocks down the line with them getting that finance so there's no delay or risks with the sale, but can I ask to see (or for my solicitor to) the details/conditions of their loan offer? Or would that be that privileged info GDPR stuff.
Or once/if we're sale agreed will their solicitor be able provide assurance or proof to mine that they are good to go before I sign contracts?
I'd like to be as certain as I can be that there are no stumbling blocks down the line with them getting that finance so there's no delay or risks with the sale, but can I ask to see (or for my solicitor to) the details/conditions of their loan offer? Or would that be that privileged info GDPR stuff.
Or once/if we're sale agreed will their solicitor be able provide assurance or proof to mine that they are good to go before I sign contracts?