This has got to be every home mover’s worst nightmare: What to do when the sale of your house falls through, or your move is cancelled, especially if it is at the last minute.
Even moving between rental properties is not guaranteed to happen, there is always the possibility that the move might be cancelled for one reason or another.
And what would you do when your removal company does not turn up on moving day?
So our advice would be to be prepared for the horror of the house sale falling through at the last minute or if the removal company lets you down on moving day.
Here are 4 things to always have in place as a backup plan for if your home move is cancelled, or to at least make the experience less costly:
- Decide what your plan of action will be if the home move is cancelled. Will you still move out regardless, or cancel everything and restart the home moving process?
- Plan local storage if you intend to move home regardless
- Source some temporary accommodation, just in case
- Always have cancellation insurance for the removal company
- Prepare a plan should the removal company let you down
Nearly every successful home move is a result of good communication, thorough planning, and hiring the right removal company.
Plan to communicate regularly with your current landlord, your new landlord, the estate agent, solicitors, and the removal company. It is also a good idea to get to know the people closest to you in the home moving chain.
The more information exchange there is between you all, the sooner you will know if there is a potential problem. Which just may give you enough time to avert the home move being cancelled altogether.
Find out what plan of action those immediately above and below you in the home moving chain would do if the chain were to break.
This will probably affect what your options are should the worst happen.
You may also like to read: Why it Pays to be Honest With Your Removal Company. The most common problems occur on moving day because the removal company was not aware of a vital piece of information. That could be that there is no lift, or that you now have 150 not 65 boxes to move. In this guide, we suggest things that you must tell your removal company.
#1 What Would You Do If Your Home Move Was Cancelled?
As much as you don’t want to even think that such a thing could happen, home moves get cancelled surprisingly regularly.
In fact, it has been reported that up to 36% of home moves fall through.
So it makes sense to consider what you would do if your home move falls through, especially at the last minute.
The longer the home moving chain, the more chance of the chain collapsing there is, so it pays to be mentally prepared for such a situation.
- Has the sale of your home fallen through because of a survey issue? If so would you consider lowering the asking price to ensure the sale?
- Would you put the home back on the market and restart the whole sales process with the possibility that you would lose the home you were going to move into?
- Could you remortgage your property and then rent it out?
- Would you consider selling your home to one of the fast home purchasing companies so that you do not lose your new dream home?
- What are the implications for you if you decide to take out a bridging loan?
- If you are moving home because of a new job, would you still go and the family follows at a later date?
- Are you able to extend your lease weekly, monthly, or 6 monthly?
- At what stage of the home moving process what you take each course of action?
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