Slow progress, is this usual?
Discussion
Just checking in to see if my expectations are out of line or if solicitors need a push.
Selling my house, no forward chain. Accepted an offer from a cash buyer on 9th Jan. The house was previously under offer, but the buyers pulled out last minute. That process gave me an understanding of some remedial works flagged by the survey. To keep things moving, I dropped the price with the current buyer to accommodate this.
I also did a search a few months ago because the previous buyer claimed there was contaminated ground. My search didn’t flag anything, so I suspect it may have just been an excuse to back out.
Checked in with my solicitor yesterday, and they’re still waiting on searches, despite part of the deal being that the buyer would use the independent one I already did. I asked for an estimated completion date, but they refused to even give an approximation.
This is week 5, am I being too keen, or should I be chasing harder?
Thanks
Selling my house, no forward chain. Accepted an offer from a cash buyer on 9th Jan. The house was previously under offer, but the buyers pulled out last minute. That process gave me an understanding of some remedial works flagged by the survey. To keep things moving, I dropped the price with the current buyer to accommodate this.
I also did a search a few months ago because the previous buyer claimed there was contaminated ground. My search didn’t flag anything, so I suspect it may have just been an excuse to back out.
Checked in with my solicitor yesterday, and they’re still waiting on searches, despite part of the deal being that the buyer would use the independent one I already did. I asked for an estimated completion date, but they refused to even give an approximation.
This is week 5, am I being too keen, or should I be chasing harder?
Thanks
Sounds par for the course, the searches always seem to take an age, solicitors will blame local authorities for the timescale on those.
Just keep prodding your solicitor gently for weekly updates and make yourself a polite nuisance.
My sale last year sounds very similar, first buyer pulled out, second buyer came in, still took around 3 months from their offer to completion, even though lots of work had already been undertaken on behalf of the first buyer.
That was with very motivated buyers as they were renting and keen to move asap, so they were pushing hard from their side too.
Just keep prodding your solicitor gently for weekly updates and make yourself a polite nuisance.
My sale last year sounds very similar, first buyer pulled out, second buyer came in, still took around 3 months from their offer to completion, even though lots of work had already been undertaken on behalf of the first buyer.
That was with very motivated buyers as they were renting and keen to move asap, so they were pushing hard from their side too.
Legal stuff on house sales seems to compromise of a slow, steady, incompetent piece of work for a solicitor who then hands you a bill so that they can pay for more lunches at the golf club.
Best solicitor I had retired, and the blast few I've had left a bitter taste with how poor and slow they were.
For context, my buying house contract was a couple of pages of 'buyer beware'. When I rented out the house a month later, my Scottish tenancy pack was 40 pages and I faced fines of upto £10k if was wrong...
Best solicitor I had retired, and the blast few I've had left a bitter taste with how poor and slow they were.
For context, my buying house contract was a couple of pages of 'buyer beware'. When I rented out the house a month later, my Scottish tenancy pack was 40 pages and I faced fines of upto £10k if was wrong...
cheshiredj7 said:
Just checking in to see if my expectations are out of line or if solicitors need a push.
Selling my house, no forward chain. Accepted an offer from a cash buyer on 9th Jan. The house was previously under offer, but the buyers pulled out last minute. That process gave me an understanding of some remedial works flagged by the survey. To keep things moving, I dropped the price with the current buyer to accommodate this.
I also did a search a few months ago because the previous buyer claimed there was contaminated ground. My search didn’t flag anything, so I suspect it may have just been an excuse to back out.
Checked in with my solicitor yesterday, and they’re still waiting on searches, despite part of the deal being that the buyer would use the independent one I already did. I asked for an estimated completion date, but they refused to even give an approximation.
This is week 5, am I being too keen, or should I be chasing harder?
Thanks
We've got a sale approaching month 8 at the moment.Selling my house, no forward chain. Accepted an offer from a cash buyer on 9th Jan. The house was previously under offer, but the buyers pulled out last minute. That process gave me an understanding of some remedial works flagged by the survey. To keep things moving, I dropped the price with the current buyer to accommodate this.
I also did a search a few months ago because the previous buyer claimed there was contaminated ground. My search didn’t flag anything, so I suspect it may have just been an excuse to back out.
Checked in with my solicitor yesterday, and they’re still waiting on searches, despite part of the deal being that the buyer would use the independent one I already did. I asked for an estimated completion date, but they refused to even give an approximation.
This is week 5, am I being too keen, or should I be chasing harder?
Thanks
The buyer exchanged contracts, has missed the completion deadline, has been served notice to complete and not completed within the period of the notice.
I laugh at your 5 weeks.
cheshiredj7 said:
Thanks.
Sounds like things are moving in the right direction. I’ll keep pushing for weekly updates and adjust my expectations. Buyers are back in this week to measure up, so all signs are positive.
Jeez, 8 months?! I’ll have no hair left!
I've loads, I'll have my barber send you the trimmings.Sounds like things are moving in the right direction. I’ll keep pushing for weekly updates and adjust my expectations. Buyers are back in this week to measure up, so all signs are positive.
Jeez, 8 months?! I’ll have no hair left!
TBH conveyancing has gone the same way as everything else post-COVID. The CBA attitude from solicitors is manifest.
My mate is moving at the mo, think he is close to 10 months and about to get the keys and he has no chain as he is rented atm
When I moved 6 years ago, managed to do it in 15 weeks, that was with me moving into an empty house with no chain, I had no chain and a good solictor.
There are some good solictors out there, the set price online ones .....less so
When I moved 6 years ago, managed to do it in 15 weeks, that was with me moving into an empty house with no chain, I had no chain and a good solictor.
There are some good solictors out there, the set price online ones .....less so
Last time I moved was 34 years ago - already sold previous house and was in rented accomodation
House was a repo (bad time for house prices due to interest rates being stupidly high) being sold by building society
it needed a lot of cosmetic work (clearly previous owner wasn't happy about the circumstances and it was a little bashed about inside)
it had been empty for 12 mths
Made a cheeky offer 6K under asking with a condition that I would complete within 6 weeks - on this condition it was accepted
Done and dusted in 5 weeks but I was ringing the solicitor every other day
House was a repo (bad time for house prices due to interest rates being stupidly high) being sold by building society
it needed a lot of cosmetic work (clearly previous owner wasn't happy about the circumstances and it was a little bashed about inside)
it had been empty for 12 mths
Made a cheeky offer 6K under asking with a condition that I would complete within 6 weeks - on this condition it was accepted
Done and dusted in 5 weeks but I was ringing the solicitor every other day
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