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Completed on sale but vendors won't leave!!

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Comments

  • bclark
    bclark Posts: 882 Forumite
    Ok apparently it’s moved on and may be solved but nobody is 100% yet.

    Apparently the vendor’s problems were that when their solicitor came to transfer the funds this morning for their purchase (They are buying a new build) the funds weren’t enough to cover the purchase. God knows how that happened and I thought that was supposed to be ascertained at exchange. Anyway according to the estate agent it’s sorted and he told my parents to go around and collect the keys from them! My parents told the estate agent that they expected the keys at the estate agents office as they didn’t want to have to go around to see them face to face after all this.

    Fingers crossed its sorted but I am not 100% that anyone is sure at the moment.
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    bclark wrote: »
    Ok apparently it’s moved on and may be solved but nobody is 100% yet.

    Apparently the vendor’s problems were that when their solicitor came to transfer the funds this morning for their purchase (They are buying a new build) the funds weren’t enough to cover the purchase. God knows how that happened and I thought that was supposed to be ascertained at exchange. Anyway according to the estate agent it’s sorted and he told my parents to go around and collect the keys from them! My parents told the estate agent that they expected the keys at the estate agents office as they didn’t want to have to go around to see them face to face after all this.

    Fingers crossed its sorted but I am not 100% that anyone is sure at the moment.


    Fingers crossed indeed. Sounds like it was c0ck-up rather than conspiracy then. Good.
  • klolav
    klolav Posts: 892 Forumite
    Fingers crossed for them! Let us know when it's sorted.
  • Old_Git
    Old_Git Posts: 4,751 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Cashback Cashier
    klolav wrote: »
    Fingers crossed for them! Let us know when it's sorted.
    yea we want before and after pictures off the house and everything :rotfl:
    "Do not regret growing older, it's a privilege denied to many"
  • Did your parents get their keys? I do hope so!
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    This thread started at 1.55.

    It is very common for Completion to be delayed well into the afternoon for any number of reasons. Most common is a long chain and money passing down it from property to property, but CHAPS transfers go wrong too, or a miscalculation in the amount.......

    99 times out of 100 ( or 999 out of 1000) things are resolved and an understandable explanation is received by 4 pm/4.30

    In this case it took till 3.21.

    Stressful, yes, but OOoohhh so common.
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