No contact from EA since I accepted offer - is this normal?

wodgerdodger

Bit of an assumption but having sold early June did you have a HIP in place and did that not contain full details of the lease and managemnt company? Could your solicitor work from that?

Richard_Webster

When did you instruct your solicitor? Might want to ask her why she only just sending man co enquiries now almost a month after you accepted an offer especially as she already knew the man co were slow to reply!

With Man co enquires there are two possible ways of dealing with them:

1.Seller's solicitor sends his own standard set of enquiries to Man Co as soon as instructed and this can speed things up, BUT buyer's solicitor may want some more questions or his own set of questions answered and as some Man Cos charge £200 or more for answering each set, seller's solicitor may not be thanked by his seller client for this extra cost.

2. Wait until Buyer's solicitor sends his set of Man Co enquiries to Seller's solicitor - that way there is no chance of a double charge, but yes, there can be more delay.

Difficult balance, but you can see why the seller's solicitor may have only just sent them out.

Also, sometimes seller's solicitor has to get further money off his seller client to pay for these answers if seller's solicitor did not make the right guess of the fee when originally asking for a sum on account.

mariecq

bdl1brick wrote: »

When did you instruct your solicitor? Might want to ask her why she only just sending man co enquiries now almost a month after you accepted an offer especially as she already knew the man co were slow to reply!


In future if you want a speedy sale its always a good idea to instruct a good solicitor when you put your place up for sale, that way you can have most of the info ready to send to the buyers solicitors when you get a sale.

To be honest they are a good solicitors, and I did instruct them when it was put on the market and they had the HIPS pack from me etc to prepare everything. I also used them when I purchased the flat, and my brother has used them to purchase and sell his 4 properties.


She couldn't send the enquiries to the management company until now because the enquiries have come from the buyers solicitor, not from us?

mariecq

wodgerdodger wrote: »

Bit of an assumption but having sold early June did you have a HIP in place and did that not contain full details of the lease and managemnt company? Could your solicitor work from that?

Yes they had the HIP pack from me when I instructed them, this did contain the lease information and name of management company etc, but enquiries wise, its the buyer who raises these not our solicitor.

mariecq

Richard_Webster wrote: »

With Man co enquires there are two possible ways of dealing with them:

1.Seller's solicitor sends his own standard set of enquiries to Man Co as soon as instructed and this can speed things up, BUT buyer's solicitor may want some more questions or his own set of questions answered and as some Man Cos charge £200 or more for answering each set, seller's solicitor may not be thanked by his seller client for this extra cost.

2. Wait until Buyer's solicitor sends his set of Man Co enquiries to Seller's solicitor - that way there is no chance of a double charge, but yes, there can be more delay.

Difficult balance, but you can see why the seller's solicitor may have only just sent them out.

Also, sometimes seller's solicitor has to get further money off his seller client to pay for these answers if seller's solicitor did not make the right guess of the fee when originally asking for a sum on account.

Hi Richard,

This is exactly the reason we did not request the management information pack until now.
The man co charge £300 to answer the enquiries, provide information of proposed works, statement of account etc, and this is payable by the seller, not the buyer.

I was not happy to spend £300 upon instructing my solicitor as I was conscious of the buyers having enquiries when the sale was going through, and I would incurr the extra costs for this, i.e another £300.

But now the plot has thickened since yesterday.....

I have today received an estimate for proposed works on the property and estate - window and door replacements, external redecorations etc, the estimated invoice is for £4000, I am really concerned that the buyers are going to pull out now. :mad:

I have informed my solicitor who is going to advise the buyers solicitors - I am not hopeful that the sale will proceed, but I guess I need to stay positive (somehow!)

What are your thoughts?