Its All Gone Wrong

[Deleted User]

Well, the fact that no one else on your raod has experienced this plays in your favour so fingers crossed nothing will come up, but if it does, an indemnity insurance will be arranged by your solicitor and the cost will depend on the risk involved. When I sold my old house I had to pay for an indemnity insurance for a wall that had been knocked down 20 years before and that I didn't have any paperwork for, it cost me a one off fee of £160. It annoyed me at the time, but it allowed me to move on and it was worth it!

lynzpower

Van1971 wrote: »

I agree with some of the posters that your Buyer is being oversensitive and you shouldn't give in, however I am sure you don't want to lose the house you're buying and for the sake of £75 I would go ahead with the extra searches. Hopefully they won't find anything and judging buy what your neighbours said, chances are in your favour. Good luck!

If you do this, your buyers have got you over a barrell. What else will they want you to cough for? Look weak now, and they will play you from here on in.

Why, if they havent paid for anyrthing as yet, would you start laying out your cash for them.

At the very least, you want them to have shown some willing, booked the survey, paid for other searches and so forth.

If anything, speak to your sol, and say, you will consider the indemnity policy IF thier searches require it. Which judging by your neighbours experience- they wont.

Miss-spent_2

I've only just read through and have no expertise, only experience of a couple of moves but I think you should get the search done. £75 is nothing in the scheme of things and future buyers might ask for it anyway. 'Don't cut off your nose to spite your face' as they say.
Good luck
P.S. if you havn't sold by the 1st of June will you be have to put together a home buyers pack?

lynzpower

Miss-spent wrote: »

I've only just read through and have no expertise, only experience of a couple of moves but I think you should get the search done. £75 is nothing in the scheme of things and future buyers might ask for it anyway. 'Don't cut off your nose to spite your face' as they say.
Good luck
P.S. if you havn't sold by the 1st of June will you be have to put together a home buyers pack?[/QUOTE]


No because the property is on the market already before rollout on the 1st june

Any properties coming NEW to the market after 1/6 will have to have one.

withabix

I see the original report is from Homecheck.

Their reports are loaded with scaremongering.

Have a look at their website for the free version of their report.

https://www.homecheck.co.uk

Enter your postcode and then run away, as you will probably be horrified if you read it!!

(You can only have one go without registering unless you clear your cookies)

My postcode has:

HIGH risk of flooding
MEDIUM risk of subsidence
HIGH risk for historic landfill site within 500m
HIGH risk regarding historic land use within 500m
HIGH risk for pollution

Flooding: I live in Carlisle! The 2005 flood didn't reach my house, but came within 500m. It would have had to rise by at least 2 metres more, which would have engulfed most of north Cumbria first! Even the current updated EA flood risk maps say my house isn't at risk.

Subsidence: You will get this 'risk' on almost every report!!

Landfill/historic use/pollution: Oh look, I live in a town!!

All of the above despite the fact that the estate I live on was agricultural land until they built the estate!

KL62

Hi withabix your post has just brought the biggest smile to my face all week! You are right, in the report also it does mention our house is at risk of flooding........because the house is situated near the river humber. But to be fair if thats the case then so is the rest of hull! My partner and I decided to go out last night for a nice meal and we had a couple of bottles of wine, switched off from the whole thing and this morning have decided that we will pay the £75 to have the certificate for ourselves, if the report comes back with anthing detrimental well thats life but if they think were going to pay for anything else they can shove off. And were not going to take the buyers seriously until they start paying for everything else i.e surveys to show they are committed and prove their not messing us around.

Seakay

lynzpower wrote: »

What is wrong with these people - naivetiy probably

this is the problem, they havent employed thier sol,. so their sol isnt advising them of the right way to go about it. hence this shower.

your EA needs to take your side BTW not side with them. They need to say WHY ON EARTH havent you got a sol yet, and if you dont instruct on tuesday its going back on the market. youll soon see if they are really keen by doing this. If they are they will do it. Its been weeks, IM not sure what their excuse is

Just to add to this; my mother was involved in a house move some years ago in which her buyer refused to employ a solicitor, and it added a whole new layer to the stress for her. Her solicitor (fortunately a family friend) ended up doing loads more work, and the buyer kept on finding arcane bits of law and insisting on them - eg that the house should be empty for up to a week before the buyer moved in ( this was sprung after exchange but before completion; I was a student at the time and travelled cross country overnight with a bunch of mates so that we could move her to her new - fortunately quite close house- as she had to get out early or have the whole thing fall through. We were using cars, wheelbarrows, you wouldn't believe it)
The survey is up to you, and normally I would incline to the view that solicitors are overpriced etc, but when it comes to conveyencing then I would say NEVER have anything to do with someone who is not employing a legal representative.

KL62

Hi everyone again i think the thread on here has got alittle confused, i think i may not have explained properly but im sure i did put it in one of first posts. the buyers have instructed their solicitor, however they seem to have only just begun with searches and not intructed a survey yet, but it is their solicitor who has ignored 3 letters from our solicitor which originaly prompted us to ring to find out why.Then thats when we found out they had orderd an enironmental search which had brought up the contaminated land problem.

KL62

still, we dont know why their solicitor keeps ignoring the letters.......

KL62

and 3 phonecalls on friday from our EA to the buyers solicitors where also all left unreturned..........