We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Buyer still not appointed a solicitor

2»

Comments

  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If they were 'motivated', they would have a solicitor within a couple of days.

    As an experienced seller, I would not be happy. I would be telling the estate agent that the house goes back on the market on Monday until firm progression is made. A solicitor is basic.

    You don't preclude them from from buying if they do come back with a solicitor but I would not be precluding the possibility of other buyers due to what I would argue is a distinct lack of motivation on the part of your buyer.
    Everything that is supposed to be in heaven is already here on earth.
  • Thanks all there is some really good advice here.
  • Suspicious. We bought last year, and had a solicitor lined up before we even made the offer on the house!
  • xPollyx wrote: »
    Thanks all there is some really good advice here.


    I'd also be wondering why the EA isn't 'hurrying' your buyer - they will want their money asap, so is the buyer getting any other 'deal' - mortgage? - via your EA?
  • Rambosmum
    Rambosmum Posts: 2,447 Forumite
    Part of the Furniture 1,000 Posts
    When I was a FTB we didn't appoint a solicitor until the survey had been done, to minimise costs, this took around 2 weeks. We also didn't notify the estate agent of our solicitor, we let the solicitor do that themselves, which they did a few days later.
  • marksoton
    marksoton Posts: 17,516 Forumite
    Rambosmum wrote: »
    When I was a FTB we didn't appoint a solicitor until the survey had been done, to minimise costs, this took around 2 weeks. We also didn't notify the estate agent of our solicitor, we let the solicitor do that themselves, which they did a few days later.

    I don't understand what these perceived costs are?

    A solicitor / conveyancer shouldn't do anything till instructed. But that doesn't stop you engaging them regarding their charges etc and knowing who you are going to use. Doing this early won't cost you any more.

    OP,2 weeks is ridiculous IMO,I wouldn't be happy at all.
  • Kynthia
    Kynthia Posts: 5,692 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 20 November 2015 at 6:46PM
    You don't have to pay a solicitor for any work until the survey is done and mortgage offer is approved (which is often only a couple of days after a valuation 'survey'). However waiting until then to select a solicitor is wasting time as you need to get them to quote, receive their contract, read it, sign it and return it, plus send them funds for searches so that they are ready to go as soon as the mortgage offer is received.
    Don't listen to me, I'm no expert!
  • ThemeOne
    ThemeOne Posts: 1,473 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Rambosmum wrote: »
    When I was a FTB we didn't appoint a solicitor until the survey had been done, to minimise costs, this took around 2 weeks. We also didn't notify the estate agent of our solicitor, we let the solicitor do that themselves, which they did a few days later.

    I would say that's an unusual way to go about things, as no costs are incurred until the solicitor actually does anything.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.