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Delays when selling
fuzzzy
Posts: 13 Forumite
Hi,
I am in the process of selling my recently refurbed property. It was a short term project and a chain free sale. We found a buyer with no chain who made us an offer in the last week of July. We provided promptly filled out all the forms and provided all the information and paperwork necessary to our solicitor.
It will soon be 12 weeks since we accepted the offer and 10 weeks since we finished the paperwork! It has been over 5 weeks now since we gave some "additional clarifications" raised by the buyer's solicitor, which were basically questions we had already answered in previous paperwork.
The delay seems to be at the buyer's solicitor's end. Apparently, both, our estate agent and our solicitor, have been unable to get in touch with the buyer's solicitor in the past couple of weeks.
What should I do in this situation? I am desperate to get this deal done and over with asap. I can't afford any more delays. Every month I'm losing about £1200 to an expensive short-term, interest-only mortgage, the interest rate of which has recently been raised and council-tax and assorted bills. Is there anything I can do other than just pester my estate agent and my solicitor daily to get some answers? :mad:
How can I put pressure on the parties at the buyer's end to just get on with it and exchange, or at least tell us what's holding them up?
Thanks in advance,
-fuzzzy
I am in the process of selling my recently refurbed property. It was a short term project and a chain free sale. We found a buyer with no chain who made us an offer in the last week of July. We provided promptly filled out all the forms and provided all the information and paperwork necessary to our solicitor.
It will soon be 12 weeks since we accepted the offer and 10 weeks since we finished the paperwork! It has been over 5 weeks now since we gave some "additional clarifications" raised by the buyer's solicitor, which were basically questions we had already answered in previous paperwork.
The delay seems to be at the buyer's solicitor's end. Apparently, both, our estate agent and our solicitor, have been unable to get in touch with the buyer's solicitor in the past couple of weeks.
What should I do in this situation? I am desperate to get this deal done and over with asap. I can't afford any more delays. Every month I'm losing about £1200 to an expensive short-term, interest-only mortgage, the interest rate of which has recently been raised and council-tax and assorted bills. Is there anything I can do other than just pester my estate agent and my solicitor daily to get some answers? :mad:
How can I put pressure on the parties at the buyer's end to just get on with it and exchange, or at least tell us what's holding them up?
Thanks in advance,
-fuzzzy
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