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About time buying/selling in England changed....

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Comments

  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    mrginge wrote: »
    In your opinion, what is wrong with the current system that requires these changes?

    I refer you to my post immediately above this one.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Problem with the survey idea is that if there is something wrong with the property that is not on the survey then the buyer has no comeback - after all they didn't pay for the survey so the vendor is the surveyors client

    ... so you build something into the legislation surrounding the surveys such that the surveyor has a duty of care to both buyer and seller. Which you would expect from an RICS surveyor anyway.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Annie1960 wrote: »
    So how does it work if someone needs to sell and buy at the same time?

    Generally speaking,

    Put own house on market. Keep an eye on suitable properties to buy. Perhaps note interest in suitable properties with selling solicitor.

    Once offer accepted on own house (with specific entry date), offer on target house to buy, ideally with same entry date. If accepted, all good and well. You'll move out from old house in the morning, move in to new in the afternoon (in 99/100 cases).


    If you see the house of your dreams, and you don't have your own on the market, offer on that one with a long entry date, enough to give you time to market and sell with an entry date the same as you just specified for the one you're buying.

    etc etc
  • lxpeanut
    lxpeanut Posts: 8,728 Forumite
    Part of the Furniture Combo Breaker
    At the very least there should be some standards of service for the solicitors. It seems they can take as long as they like to do things without any consequence except annoyed clients.
    "You are entitled to your own opinions but not your own facts" - Arthur Schlesinger

    Proud to be have dealt with my debt :D Debt Free Sept 2012
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    lxpeanut wrote: »
    At the very least there should be some standards of service for the solicitors. It seems they can take as long as they like to do things without any consequence except annoyed clients.

    Have you googled for 'law society guidelines / code of practice', or similar terms?

    Like this

    http://www.lawsociety.org.uk/support-services/accreditation/conveyancing-quality-scheme/

    https://www.lawsociety.org.uk/support-services/advice/articles/conveyancing-protocol/
  • lxpeanut
    lxpeanut Posts: 8,728 Forumite
    Part of the Furniture Combo Breaker
    googler wrote: »
    Have you googled for 'law society guidelines / code of practice', or similar terms?

    Thanks unfortunately its not my solicitors that are the problem so there is nothing I can do.
    "You are entitled to your own opinions but not your own facts" - Arthur Schlesinger

    Proud to be have dealt with my debt :D Debt Free Sept 2012
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    lxpeanut wrote: »
    Thanks unfortunately its not my solicitors that are the problem so there is nothing I can do.

    How do know that it's the vendors solicitors? As you are not their client.
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