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A good rule of thumb when you are trying to buy and sell properties is not to rush. Which means that you don’t do things at the last minute because that’s exactly how someone can get themselves in very hot water. It is important to understand that asking for an extension doesn’t guarantee that it will be granted. This means that you will need to give your conveyancing lawyer ample time to seek an extension for you. You will need to consider and allow for scenarios when the conveyancer on the other side is busy or the seller is otherwise not able to respond. Hence, you should let your conveyancing lawyer know no later than the day prior to the scheduled finance date whether you will need an extension or not.
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