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House Buying Complications
Comments
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Both of them will need to sign the contract for this to happen. Very often one of the two will be living in the house when their ex has moved out. The one in the house has very little incentive to co-operate in the sale and will prefer to let it drift on as long as possible while they continue to live there.moneyistooshorttomention wrote: »Surely its possible in cases like that, ie where they are arguing about "dividing the spoils" for you to go ahead and complete purchasing the house and those "spoils" get lodged with a solicitor until their division has been agreed?0 -
When there's a divorce involved it always pays to be suspicious and ask lots of questions about how far they have got in agreeing things, Talk to both of them if you can.
Sometimes they think it is straightforward and they have agreed everything and then the matrimonial solicitor acting for one of them says that they should get a court order to set the terms in concrete so the other one cannot go back and ask for more. This all takes time.
If you expect a quick move then when there's divorce involved it is not guaranteed and sometimes best avoided.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0 -
Thanks everyone for your responses and apologies for the delay in updating. Things have been very busy recently. The long and the short of it is this.....
Our mortgage expired on the 21st of this month but thankfully we exchanged contracts on the Thursday before and completed on the Friday. Very last minute and nerves were jangling but alls well that ends well I guess.
Learning points from this......as mentioned above, be VERY wary when purchasing from anyone going through matrimonial disputes. That's not to say don't, just be extra careful. We got lucky, but can imagine that others may not be in similar circumstances.0 -
Thanks for the update. Really pleased you got the house you wanted.0
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The house we have offered on, and had it accepted a week or so ago - it is a separation.
The couple have split a long while ago, one of the partners has moved out of the house and into rented accommodation.
I hope it all goes smoothly!0 -
Congratulations :T0
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Great news. And baby ... ? More good news?Father Ted: Now concentrate this time, Dougal. These
(he points to some plastic cows on the table) are very small; those (pointing at some cows out of the window) are far away...
:D:D0
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