May 10th, 2005 by rbanks
We’ve just today (about 10 minutes ago) exchanged contracts on a tiny studio flat in Marylebone, London. It’s really central and will allow us to stay overnight whenever we want, instead of rushing home for the last train. Plus, it’s somewhere cool for visiting friends to stay occasionally
Exchanging is the first point in the English property system where there is ANYTHING legally binding about our ownership. And yet we had our offer accepted about 6 weeks ago. During that time our seller could have just walked away. It’s a painful, archaic, nerve-wracking way of doing things. Anyway, it’s our now.
Here’s a shot from the other end of the room. There. You’ve seen the whole thing.