Issue after Selling the Property

D_M_E

4. No survey was done on the property.

Says it all, really.

Reply to your solicitor with this point and ask why do they need your now invalid insurance policy, and do not engage any further with buyers or estate agents.

Mike_Ross

I will certainly come back with further information but I was totally shocked or even devastated to hear it post sale as the information provided was all accurate in the information sheet to solicitors.


Thanks again to all - much appreciated.

Margot123

I wonder if this is a case of estate agent and solicitor being lazy.

Buyer asks a question (any question, pick a question) and they just forward the question to the seller without considering the reason for doing so.

Asking the seller to respond doesn't imply any liability, and I doubt the solicitor would offer legal advice in the first contact on the matter.

Looks to me like the buyer trying for a discount they didn't successfully get prior to exchange.

G_M

Jox wrote: »

I would ignore this personally. The house is sold and the problem is the buyers' now.

This is the best response.

jimbog

Mike_Ross wrote: »

Should I reach out to my solicitor to address the issue ?

'Reaching out' ? You mean 'contact'?

G_M

Originally Posted by Mike Ross

Should I reach out to my solicitor to address the issue ?

jimbog wrote: »

'Reaching out' ? You mean 'contact'?

If the solicitor is local (always advisable) OP might be planning to pop in, drop to his knees, and implore their help with outstretched arms....

foxy-stoat

They are probably trying to claim for subsidence - if you hadn't visited the property for 6 months since it was marketed how do you know the crack wasnt there or the last few times you were there you may not have noticed it?

For historical/new subsidence issues their new insurers may well want to contact your previous insurers to find out if there was previous subsidence issues or look to share some of the costs.

Was this your previous home or a rented out property?

wesleyad

jimbog wrote: »

'Reaching out' ? You mean 'contact'?

Yeah so they can "touch base" :rotfl:

paddyandstumpy

If a new subsidence claim is reported within 8 weeks of inception of a new policy the claim is passed back to the previous insurers under the domestic subsidence agreement.

https://www.abi.org.uk/globalassets/files/subject/public/home-insurance/2017/abi-domestic-subsidence-claims-agreement-and-guidelines-december-2017.pdf

Pixie5740

Is reaching out like reaching round?

PS I also think ignoring the buyer is the best course of action at the moment. If their solicitor contacts your solicitor engage with the buyer via your solicitor.