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Cambridgeshire, England

Selling and buying at the same time in Peterborough

A cathedral city in Cambridgeshire on the River Nene, with a Norman cathedral at its centre and a New Town expansion in the twentieth century. Comparing itemised quotes for a move in Peterborough makes it easier to see exactly what a firm is charging for, rather than one bundled figure.

A linked sale and purchase is the most time-sensitive transaction type, because your sale and purchase need to complete on the same day — and every other property in your chain is trying to align its own completion date too.

What's involved

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Frequently asked questions

Can I sell and buy on the same day?

That's the goal of a linked sale and purchase — your conveyancer runs both transactions in parallel and coordinates exchange and completion dates so they land on the same day, using the proceeds of your sale towards your onward purchase.

What happens if the rest of my chain isn't ready to complete together?

Every other property in the chain is trying to align its own completion date too, which is what makes a linked move the most time-sensitive transaction type — your conveyancer manages search and enquiry replies on both sides at once to keep your end of the chain from being the one holding things up.

Do I need bridging finance for a linked move?

Only if timings slip and you need to complete your purchase before your sale funds come through — your conveyancer can flag early if that risk applies to your specific chain, so you're not arranging it at the last minute.

How does Stamp Duty or Land Transaction Tax work on a linked move?

The tax due is calculated on your purchase separately from your sale — selling a property doesn't reduce or offset the SDLT or LTT owed on the one you're buying. Our free calculator can give you a rough figure for the purchase side to budget for.

Other services in Peterborough

Buying a propertySelling a propertyRemortgagingTransfer of equityExtending a lease

Selling and buying at the same time in other parts of Cambridgeshire

BurwellCambourneCambridgeChatterisCottenhamElyEly (Cambridgeshire)Godmanchester

Looking for something else? See all Peterborough conveyancing or browse all locations.

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