Vendors pull out AFTER exchange of contract

gelato_cat

They must have a really cr-p solicitor! :beer:

Suze

Welshwoofs wrote: »

Well both we and the EA have been nosying around trying to find out...the vendors were apparently shocked to hell when a bill for the EA's fees landed on their doorstep. They're obviously not very smart...they thought they wouldn't be due to pay it because they jumped ship before completion. Oops! :rolleyes:

Soot2006

Maybe they're still living in a bubble of HPI ... They certainly don't seem to be in the real world!

franklee

Suzey wrote: »

They must have a really cr-p solicitor! :beer:

Suze

Yes, Surely their surprise at the EA's bill tells us that they haven't been properly advised.

Welshwoofs, Have you checked their solicitor is a pukka solicitor and not some cheapie conveyancing firm who won't be interested in anything but the usual routine?

silvercar

franklee wrote: »

Yes, Surely their surprise at the EA's bill tells us that they haven't been properly advised.

Welshwoofs, Have you checked their solicitor is a pukka solicitor and not some cheapie conveyancing firm who won't be interested in anything but the usual routine?

Even "cheapie convancying firms" will have someone with some legal knowledge supervising.

If the seller says, "Hey Mr solicitor we don't want to move."

cheappie conveyancer says, "you have to."

seller, " well I'm not, what you gonna do about it?"

conveyancer says, "dunno, I'll ask the boss"

Boss conveyancer, "Tell them they've got to and if not they could be sued."

Unless they have dispensed with their conveyancers services??

bitsandpieces

franklee wrote: »

Yes, Surely their surprise at the EA's bill tells us that they haven't been properly advised.

Or they're ignoring/failing to understand the advice they're getting...

ciano125

Someone once told me, "never underestimate an idiot".

GDB2222

ciano125 wrote: »

Someone once told me, "never underestimate an idiot".

In some circumstances, idiots have an advantage, as they will do something that nobody sensible would do, and well sometimes they just luck out.

franklee

silvercar wrote: »

Even "cheapie convancying firms" will have someone with some legal knowledge supervising.

If the seller says, "Hey Mr solicitor we don't want to move."

cheappie conveyancer says, "you have to."

seller, " well I'm not, what you gonna do about it?"

conveyancer says, "dunno, I'll ask the boss"

Boss conveyancer, "Tell them they've got to and if not they could be sued."

Unless they have dispensed with their conveyancers services??

Solicitor's time costs money. As the old saying goes - you get what you've paid for. If they haven't paid for anything more than cheapie conveyancing then the firm isn't going to go out of their way to help them - other than a warning they're obliged to complete. What they really need is detailed advice on the costs they are exposed to which, as the EA's bill was a shock, I begin to think they haven't had. Perhaps they are too tight wad to pay for proper advice and need a prompt to get it, hopefully the notice to complete will make them get it.

silvercar

franklee wrote: »

Solicitor's time costs money. As the old saying goes - you get what you've paid for. If they haven't paid for anything more than cheapie conveyancing then the firm isn't going to go out of their way to help them - other than a warning they're obliged to complete. What they really need is detailed advice on the costs they are exposed to which, as the EA's bill was a shock, I begin to think they haven't had. Perhaps they are too tight wad to pay for proper advice and need a prompt to get it, hopefully the notice to complete will make them get it.

Could be that the conveyancer stops work at completion point. They've quoted on the basis that the contracts will be exchanged and the sale completes on schedule. If the client wants to follow a different course, the conveyancer could tell them that they are on their own.

benood

Ian_W wrote: »

I've never known circumstances where I'd show a counsel's opinion to the other side - they could sleep with my wife first!! Opinions cover the strengths and WEAKNESSES of your case and the TACTICS you should adopt. Folks were urging caution about this thread it's 1000X more dangerous to show the other side a counsel's opinion of your case!!

We're all au fait with redaction these days! You'd probably only go to counsel if you were insured - run the idea by your solicitor at least. Perhaps if your vendors knew you were going to spend £20k on an opinion then that would make them think?

I think that the best course of action from now on will probably be to throw everything at it and ideally get the vendors to the point of having to spend money (EA's doing a great job by getting their fee note in! Hope it was 2%+;)) - when the opposition are faced with having to start paying for the consequences of their breaches of contract reality may reconnect.