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LIVE: Buying a house - Converting a leasehold to a freehold before exchange - land registry delay

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  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 11 December 2020 at 10:49AM
    how much time is involved in this roughly?. 
    About five seconds to scribble "certified a true copy" on a copy of the POA. Chill.
  • davidmcn said:
    how much time is involved in this roughly?. 
    About five seconds to scribble "certified a true copy" on a copy of the POA. Chill.
    Thanks, I will chill now!
  • davidmcn said:
    how much time is involved in this roughly?. 
    About five seconds to scribble "certified a true copy" on a copy of the POA. Chill.
    HI @davidmcn
    The scribble took nearly 4 weeks, which is ridiculous. Everything else is completed. Now the management company say they are going to hold the TP1 because they want 2 weeks between exchange and completion, what is the logic behind this? what grounds do they have to dictate the timeline?
  • fleur8 said:
    Can someone tell me why it says LIVE? Is this being discussed on TV
    no its only being discussed here
  • anselld
    anselld Posts: 8,646 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    nabil9879 said:
    davidmcn said:
    how much time is involved in this roughly?. 
    About five seconds to scribble "certified a true copy" on a copy of the POA. Chill.
    HI @davidmcn
    The scribble took nearly 4 weeks, which is ridiculous. Everything else is completed. Now the management company say they are going to hold the TP1 because they want 2 weeks between exchange and completion, what is the logic behind this? what grounds do they have to dictate the timeline?
    2 weeks between exchange and completion is not abnormal.  Any party to the transaction can dictate the pace for their own reasons.  When you say the management company you mean presumably the vendors of the Freehold which is linked to your purchase.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    fleur8 said:
    Can someone tell me why it says LIVE? Is this being discussed on TV
    Simply because when the OP created the thread, the first few characters they typed in the title box were L-I-V-E-<colon>-<space> before typing the rest of the title...

    Nothing more sinister than that.
  • nabil9879
    nabil9879 Posts: 12 Forumite
    10 Posts Name Dropper
    anselld said:
    nabil9879 said:
    davidmcn said:
    how much time is involved in this roughly?. 
    About five seconds to scribble "certified a true copy" on a copy of the POA. Chill.
    HI @davidmcn
    The scribble took nearly 4 weeks, which is ridiculous. Everything else is completed. Now the management company say they are going to hold the TP1 because they want 2 weeks between exchange and completion, what is the logic behind this? what grounds do they have to dictate the timeline?
    2 weeks between exchange and completion is not abnormal.  Any party to the transaction can dictate the pace for their own reasons.  When you say the management company you mean presumably the vendors of the Freehold which is linked to your purchase.
    Yes, why i say managment company i mean the owners of the freehold. I was just curious about their reasoning, they have requested 2 weeks without any explanation, this company that manage the freehold have really bad ratings, and the have stretch things out already.
  • nabil9879
    nabil9879 Posts: 12 Forumite
    10 Posts Name Dropper
    AdrianC said:
    fleur8 said:
    Can someone tell me why it says LIVE? Is this being discussed on TV
    Simply because when the OP created the thread, the first few characters they typed in the title box were L-I-V-E-<colon>-<space> before typing the rest of the title...

    Nothing more sinister than that.
    Sorry, when i created the tread i just wanted to get attention from the community, but now realise everyone is soo engaging 
  • nabil9879
    nabil9879 Posts: 12 Forumite
    10 Posts Name Dropper
    edited 14 January 2021 at 2:43PM
    davidmcn said:
    how much time is involved in this roughly?. 
    About five seconds to scribble "certified a true copy" on a copy of the POA. Chill.
    HI @davidmcn
    It seems like the POA has still not been submitted to my conveyancer, I'm baffled as to what is holding things up.
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