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Buyers reluctant to pay deposit
Comments
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Slips36 said:What if I don’t get completion statement for Friday completion?
will I have to pay penalty?If your solicitor does not have all the funds to pay for your purchase, he will not be able to purchase the property. He's not going to use his own money for your purchase!So Completion won't happen, and as you've Exchanged, you'll pay penalties for failing to Complete.ps - when I said earlier to provide hourly updates, that was tongue-in-cheek, not to be taken literally......6 -
Lol!!! I have refrained from commenting lately....greatcrested said:Slips36 said:What if I don’t get completion statement for Friday completion?
will I have to pay penalty?If your solicitor does not have all the funds to pay for your purchase, he will not be able to purchase the property. He's not going to use his own money for your purchase!So Completion won't happen, and as you've Exchanged, you'll pay penalties for failing to Complete.ps - when I said earlier to provide hourly updates, that was tongue-in-cheek, not to be taken literally......3 -
Having been through similar levels of stress as the OP re: exchange I can understand why they are turning to the forum for reassurance/advice. I can't remember if the OP is a FTB but, if so, we do need a lot of hand-holding at times
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Slip, pay a bit more than the estimated amount you'll get ut back and better that than it all fails. Not impressed with your solicitor.0
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So what happened Slip? Did you move? Fingers crossed for you.
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Yes, please do update us Slip. I can well understand why you needed to turn to us for moral support. Don't leave us hanging...
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Hopefully the silence is because Slip moved and hence is now without internet for a few days, and/or they packed their computer away in one of 203 boxes and havent found it yet.
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Panic must be over. Perhaps a little bit behind with the day job. Having spent much of the working day on personal matters recently.1
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Typical disdainThrugelmir said:Panic must be over. Perhaps a little bit behind with the day job. Having spent much of the working day on personal matters recently.0 -
Merely an observation.teachfast said:
Typical disdainThrugelmir said:Panic must be over. Perhaps a little bit behind with the day job. Having spent much of the working day on personal matters recently.0
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