Buying a Scottish Property with an Inhibition Order

househunter10

Hi there

I wonder if anyone can offer me some advice. My offer was accepted on a property in Scotland which I am due to move into this week. However I have just found out that there is an inhibition order on the property meaning that the sale may not progress as the outstanding debts of the vendor are significantly higher than the value of the house.

I like the house and wonder if there is any action I could take to influence a positive outcome i.e. I get the house, and the vendors get to sell. I'm worried this will go on for so long that I will have to pull out so any suggestions on process or ways to positively influence the decision would be great. Unfortunately the vendors are not taking any calls so I would have to progress through my solicitor.

Does anyone have any experience of this either professionally or personally?

Thanks!

googler

I'm sure your solicitor has told you this, but - the vendors cannot sell the house to you without the inhibition order being discharged by those who placed it against the property.

It's up to the seller and their solicitor to find a way around this, if there is one. It's up to your solicitor to liaise with the seller's solicitor, and, beyond offering to pay some of the seller's debts, I'd suggest there's nothing for you to do.

theartfullodger

Unless you know who the debtor/mortgage company is and try and do a deal with them. They'll probably refuse to talk to you but you could try writing....