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Buyers Solicitors have gone AWOL

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Comments

  • eddddy
    eddddy Posts: 18,565 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Based on your posts, it really sounds like your buyers are playing games with you....
    Will2911 wrote: »
    From what we've heard this solicitor has a reputation in the industry for being painfully slow

    Who did you hear that from? (Was it the buyers?)

    Why did your buyers (a professional property company) decide to use a solicitor that everyone knows is rubbish?
    Will2911 wrote: »
    They have told their solicitors to get on with it, but he has not responded to them either.

    A professional property company buys/sells load of properties - so they are a big important client of the solicitors. I don't think the solicitors would ignore one of their big clients.


    It sounds much more like it's the buyers who are delaying.
  • anselld
    anselld Posts: 8,743 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Put the property back on the market. If the buyer is still interested it will focus the mind. If they have lost interest you will need to do this anyway.
  • Will2911
    Will2911 Posts: 20 Forumite
    10 Posts Second Anniversary
    eddddy wrote: »
    Based on your posts, it really sounds like your buyers are playing games with you....



    Who did you hear that from? (Was it the buyers?)

    Why did your buyers (a professional property company) decide to use a solicitor that everyone knows is rubbish?



    A professional property company buys/sells load of properties - so they are a big important client of the solicitors. I don't think the solicitors would ignore one of their big clients.


    It sounds much more like it's the buyers who are delaying.

    No, from our solicitor. They have had dealings with this firm and company before and they assured us that this is normal behaviour from both parties, as frustrating as it is
  • eddddy
    eddddy Posts: 18,565 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Will2911 wrote: »
    We have sold it to a company that has agreed to pay full market value.

    Going a little off topic - but what is this company's business? Is it a house buying company?

    If it is, how do they make a profit from buying houses at full market value?
  • Will2911
    Will2911 Posts: 20 Forumite
    10 Posts Second Anniversary
    They're housing association
  • Will2911
    Will2911 Posts: 20 Forumite
    10 Posts Second Anniversary
    OK..
    So we've got through one hurdle. The reason for the delay was they wanted a retention of £500 for service charges. We agreed to that yesterday, we were told that it was not necessary to sign a new contract or for the buyers to do so. But for some reason the buyers solicitor, even though he has been told it's nonsense by everyone wants a new contract. He has therefore written out a new one and sent it to his client... All fine but our buyer is a housing association who only signs contracts once a week on a Thursday morning. So therefore they won't sign it until next Thursday. Whi have us when we need to complete.

    Just feels like this solicitor is making problems...


    No need for this delay
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Will2911 wrote: »
    All fine but our buyer is a housing association who only signs contracts once a week on a Thursday morning.

    Probably as that's when the authorised signatories convene to conduct formal business.
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