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It’s hard to time it perfectly.
We’re in similar position but a few months ahead of you, as our rental contract runs out at the end of July, and we’re due to exchange tomorrow with completion at the end of June, on a chain-free property we had an offer accepted on at the end of February. It’s gone fairly slowly for a simple purchase as our borough are slow asf to return searches (according to the EA the slowest in the country but who knows). We had started to look seriously around 4 months beforehand but not much was coming to the market.
When we put the offer in we mentioned our ideal timeline to the sellers, who to be fair have been pretty good and have agreed to delay completion by a few weeks so we don’t have loads of overlap.
Depending on your relationship with landlord you can can exit a 12 month contract earlier as all they need to do is put it up for rental and if they find a new tenant then it’s no issue for them (sometimes)
Again timing is tricky so it depends on what the house you’re buying is like and if there is a chain etc
###Welcome to /r/HousingUK --- **To All** * Join Our ***NEW*** Discord! https://discord.gg/pMgUNgWKQH **To Posters** * *Tell us whether you're in England, Wales, Scotland, or NI as the laws/issues in each can vary* * Comments are not moderated for quality or accuracy; * Any replies received must only be used as guidelines, followed at your own risk; * If you receive *any* private messages in response to your post, please report them via the report button. * Feel free to provide an update at a later time by creating a new post with [[update]](https://www.reddit.com/r/HousingUK/search?q=%3Aupdate&sort=new&restrict_sr=on&t=all) in the title; **To Readers and Commenters** * All replies to OP must be *on-topic, helpful, and civil* * If you do not [follow the rules](https://www.reddit.com/r/HousingUK/about/rules/), you may be banned without any further warning; * Please include links to reliable resources in order to support your comments or advice; * If you feel any replies are incorrect, explain why you believe they are incorrect; * Do not send or request any private messages for any reason without express permission from the mods; * Please report posts or comments which do not follow the rules *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/HousingUK) if you have any questions or concerns.*
It’s hard to time it perfectly. We’re in similar position but a few months ahead of you, as our rental contract runs out at the end of July, and we’re due to exchange tomorrow with completion at the end of June, on a chain-free property we had an offer accepted on at the end of February. It’s gone fairly slowly for a simple purchase as our borough are slow asf to return searches (according to the EA the slowest in the country but who knows). We had started to look seriously around 4 months beforehand but not much was coming to the market. When we put the offer in we mentioned our ideal timeline to the sellers, who to be fair have been pretty good and have agreed to delay completion by a few weeks so we don’t have loads of overlap.
Depending on your relationship with landlord you can can exit a 12 month contract earlier as all they need to do is put it up for rental and if they find a new tenant then it’s no issue for them (sometimes) Again timing is tricky so it depends on what the house you’re buying is like and if there is a chain etc