Game on! My buyer has instructed his solicitor – hoorah.
The fact that the selling agent then got my solicitors’ details wrong and sent the Memorandum of Sale to the wrong place is purely semantics.
So there is just one small hurdle to go. The direct debit mandate. And therefore, the dreaded bank account.
Now I absolutely appreciate that if you approach something with a negative mind-set, it’s pretty much destined to fail.
Applying for a business bank account online with NatWest
And guess what…?
I diligently filled in the bank account application form online. I was asked all sorts of questions to which I didn’t know the answer and thus, *may* have guessed.
I also tried to go back a page and wiped the whole application. Not once but four times. You just can’t teach an old dog new tricks. Needless to say by the time I got to the end of this banking equivalent of waterboarding, I was feeling super pleased with myself.
I hit the ‘submit’ button with a flourish and got a lovely message telling me thanks for the application, we will be in touch.
What customer service?
NO timeframe, NO mention of how they will be in touch (phone, email, carrier pigeon perhaps?) and NO real understanding of what on earth I do now.
I wasn’t even given a reference number or acknowledgement email. So that’s nice.
What really adds to the enjoyment of this is that I am on holiday next week so there is the square root of sod all that I can do until Christmas week.
Consider yourselves told
Aside from this I am feeling pretty on top of things.
My mortgage application is well under way, my survey should get booked in next week at some time, although whether the surveyor will get out before Christmas is doubtful – they are so busy at the moment.
I would throw out at this point that for those of you looking to do the same as me (i.e. sneak in a purchase before 1st April) you do need to keep in mind that the banks, surveyors and solicitors are going to get busy in the April run up, and so to leave things until the last minute could be your downfall.
And believe me, if you leave it until the last minute, you won’t get special treatment and bumped up the queue because everyone else is going to be in the same boat. Consider yourselves told!
I have my wonderful solicitor on the case. Crikey, he may even receive a Memorandum of Sale at some point and be able to start a file. Racy. And the bank account is somewhere in the ether at NatWest.
Overall, I am feeling very organised. Time for a holiday!
Diary of a Buy to Let Purchase
Follow Jeni as she recounts her experiences of becoming a buy to let investor for the first time.
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