Completion deadline
Posted by Justin on Aug 26, 2012 in Nelsons' Column | 0 comments Under the Standard Conditions of Sale (Fifth Edition, as for all previous editions), if the completion money is received by the seller’s conveyancer after 2.00pm, the buyer is liable to pay interest covering the period until the next working day. This does not stop completion taking place after 2.00pm, but it does mean that the buyer has to pay interest. As a shorthand, however, I refer...read more