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Management Pack When Buying a Flat
Jd0210
Posts: 1 Newbie
My partner and I viewed a place two months ago and found a flat to buy cash only. We have been waiting over a month for the management information pack to proceed with sale. Has this been a problem for anyone else? Solicitors and agents changing their tune saying its with the seller's solicitors and then saying sorry they got it wrong. Chasing them up every day but no sign. Help please!
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Comments
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Some managing agents charge a lot to produce these packs - sometimes up to £400. Seller can often tell his solicitors he's not paying. Solicitor goes back and says that if he wants to sell flat he will have to pay. This stand off can delay things. Then once funds provided managing agent can sometimes take a month to reply!
Seller's solicitors keep quiet because they don't want buyer put off by finding out about high admin charges. Worth Googling name of freeholder and managing agent to see if there are adverse comments about them on forums such as this.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
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