duty to get highest pricee for repossession??

RabbitMad

ILW wrote: »

Cannot understand why you do not just offer £500 quid less and appoint a solicitor.

...because he wants people to keep trip trapping over his bridge?

LisaLou1982

OP

The only duty the bank has is to accept an offer which they believe is reasonable and procedable.

They do not have any obligation to accept the highest offer. They would have justify accepting a particularly low offer.

The fact that you think they should accept your offer is really neither here nor there. The fact is that they wont.

j_carnee

LisaLou1982 wrote: »

OP

The only duty the bank has is to accept an offer which they believe is reasonable and procedable.

They do not have any obligation to accept the highest offer. They would have justify accepting a particularly low offer.

The fact that you think they should accept your offer is really neither here nor there. The fact is that they wont.

i would love to discuss matter with bank.....details being withheld.

antrobus

j_carnee wrote: »

a passport,utility bill etc are really hard to produce......

Yes, but why should the seller of a property want to go to all that trouble, when it has other people willing and able to buy the property who are sensible enough to have instructed solicitors to act on their behalf.

j_carnee

antrobus wrote: »

Yes, but why should the seller of a property want to go to all that trouble, when it has other people willing and able to buy the property who are sensible enough to have instructed solicitors to act on their behalf.

so self conveyancing is "unsensible" in itself.....ok

MacMickster

j_carnee wrote: »

so self conveyancing is "unsensible" in itself.....ok

I would consider self-conveyancing "unsensible" for anyone who appears to have little grasp of basic (written) English, and hence may struggle to understand some of the complexities of our legal system.

Also money laundering regulations are about a bit more than providing identity documents.
http://www.anti-moneylaundering.org/../Default.aspx?DocumentUid=2D0D7348-3045-4FFD-92F0-1471FB38F3AC

Your attitude on this forum smacks of someone trying to avoid going through "normal channels" for whatever reason. If the vendor has the same feeling then they will be eager to ensure that they don't become implicated in any dodgy deal.

People have given you the solution many times. Reduce your offer by the amount that a solicitor will charge for conveyancing.

As to your question about the legality of the bank's actions. An internet forum is never the best place to get authoritative answers to legal questions. I would suggest that you ask a solicitor this question - and pay them for their advice.

G_M

I would have expected someone familiar with conveyancing to know how to identify the bank....

This debate is not about pros/cons of self-conveyancing. Indeed, in my earlier post I made the point I am an advocate.

But if the seller won't sell to you, you can't buy.

I'm rapidly coming to the conclusion this whole thread is a troll.

But doubtless we'll have another 20 odd posts circling round the same points.

j_carnee

j_carnee wrote: »

apart from closed-shop solicitors defending their position.......
nobody answered questions posed......

if we're all anti-self conveyancing and agree bank has no duty to take best price......i agree thread should go.

IF what i say is true......have you any intelligent answers???

j_carnee

G_M wrote: »

I would have expected someone familiar with conveyancing to know how to identify the bank....

This debate is not about pros/cons of self-conveyancing. Indeed, in my earlier post I made the point I am an advocate.

But if the seller won't sell to you, you can't buy.

I'm rapidly coming to the conclusion this whole thread is a troll.

But doubtless we'll have another 20 odd posts circling round the same points.

if i could identify the bank i would contact it directly........
oh genius......please identify for me if you can. (£25 to charity)

j_carnee

G_M wrote: »

I would have expected someone familiar with conveyancing to know how to identify the bank....

This debate is not about pros/cons of self-conveyancing. Indeed, in my earlier post I made the point I am an advocate.

But if the seller won't sell to you, you can't buy.

I'm rapidly coming to the conclusion this whole thread is a troll.

But doubtless we'll have another 20 odd posts circling round the same points.

since you can identify bank for me......i am happy to make donation to charity....who is the bank??????? £100 to charity if you can.......