Mortgage funds from halifax - 16.51(no funds yet)

kingstreet

Halifax has emergency procedures to get money to solicitors quickly, if needed. If the solicitor needs help, they contact "completions" which brokers and punters have no access to and they will sort it between themselves.

smacky

kingstreet wrote: »

Halifax has emergency procedures to get money to solicitors quickly, if needed. If the solicitor needs help, they contact "completions" which brokers and punters have no access to and they will sort it between themselves.

Well i guess ill just keep my eyes on the phone screen till then

smacky

a lady from sol office called to inform that they called halifax and the response was
"still waiting for the release to be authorised"

does this mean they ll do credit check again or something ?

amnblog

The most likely explanation is that your solicitor is fending you off whilst they get the work done.

I strongly suspect you will complete today.

smacky

amnblog wrote: »

The most likely explanation is that your solicitor is fending you off whilst they get the work done.

I strongly suspect you will complete today.

I hope so... its just we have already left our house 12 days ago and been hopping at diff mate's place temporarily as the vendor delayed and we were already out of our rental agreement and they needed to carry out repair works

somehow they left us 1 small room to keep some of our stuff while we wait to complete

and this is really getting scary as its already 3pm now

smacky

kingstreet wrote: »

Halifax has emergency procedures to get money to solicitors quickly, if needed. If the solicitor needs help, they contact "completions" which brokers and punters have no access to and they will sort it between themselves.

hi,

am the phone with my SOl and the estate agent. My sol says that halifax is awaiting to check/confirm something with/about the vendors sol before releasing the funds

however my EA states it doesnt make much sense , why would they be checking something abt vendors sol , sounds about right to me as well

I have no idea what to do at this stage , its 4.47 pm now

Dave_Ham

I would be talking with broker and Solicitor, do not worry what the EA says.

This is now unusual

smacky

i have called broker several times, he kept saying hez checking :-(

Sol said he will inform me once he has some news

xyz123

smacky wrote: »

hi,

am the phone with my SOl and the estate agent. My sol says that halifax is awaiting to check/confirm something with/about the vendors sol before releasing the funds

however my EA states it doesnt make much sense , why would they be checking something abt vendors sol , sounds about right to me as well

I have no idea what to do at this stage , its 4.47 pm now

good luck. i cant offer specific advise but dont believe EAs when talking anything about mortgage. they normally dont know what they are talking about and still pretend to be experts. Your solicitor and broker are the only two people who can give useful advise/help.

Dave_Ham

Are you using a National (cheap) conveyancing service or a respectable local firm?

Someone should have answers if funds were booked last week.

Is there a chain?