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Purchase property now has pending possession order

I feel sick with worry.


We are in the process of buying a house where the previous resident died last year. We had our offer excepted at the end of April. We have still not completed. I have been told that the house now has a pending possession order and we are not sure how much longer the lender will hold out. (I don't know the full story in regards to the sellers situation etc) I am so angry with the solicitors for taking so bloody long!!! If we are this close to exchanging (I believe we are just waiting for a document that will be with our solicitors end of next week) do you think they will hold out or are we screwed?

Comments

  • If the estate has gone through probate it's unlikely that a lender would try to scupper a sale unless they think a much higher price can be achieved by repossessing the property. As long as the lender knows a sale is imminent, that is.
  • yes they have been made aware of the sale and how close it is to being completed. Not sure about the probate part..will ask! Thank you
  • RAS
    RAS Posts: 37,062
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    If probate has been granted, you can get a copy of the will from the Probate Registry. May be worth checking out?
    If you've have not made a mistake, you've made nothing
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