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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Memorandum of Sales

Options
2»

Comments

  • sheramber
    sheramber Posts: 22,520 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    GDB2222 said:
    My experience is that, very occasionally, holdups are due to someone falling down on the job. It’s worth checking with the agent, just in case. More usually the delay is because the buyer or seller is simply not ready to proceed. 

    Most likely is that the sellers have not appointed a solicitor because they have not yet found a property to move to. Welcome to England!

     The sellers now have to keep you interested while they scurry around looking at properties to buy. Hopefully they will find something, but otherwise they will simply pull out of the sale to you.

    Do you have a backup plan?
    The OP  has said

    The property is vacant and I have a buyer for mine (Scotland)
  • sheramber
    sheramber Posts: 22,520 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    eddddy said:

    Taking a step back, you probably need to find out the seller's position and plans. Stuff like:

    • Have they found a place to move to?
    • Is there a complete chain above them?
    • If the chain above them isn't complete, do they want their solicitor to establish contact with your solicitor and start the conveyancing process?
    • Or do they want to wait until the chain above is complete before instructing their solicitor?
    • Do they have any timescale in mind? Is it simply ASAP, or are they working to some other timeline (e.g. moving job in 4 months, waiting for a newbuild to be ready)?

    If you and the seller both want to get stuff done ASAP, then maybe chase the EA. If the seller (or you) doesn't want to start conveyancing until the chain is complete, chasing the EA is less important.



    The OP has said 

    The property is vacant and I have a buyer for mine (Scotland)
  • GlasgowExpat2
    GlasgowExpat2 Posts: 256 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    GDB2222 said:
    Read the rest of my post. :)
    And if you’d read my post you will have seen that I said the property is empty :)
  • GDB2222
    GDB2222 Posts: 26,234 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    GDB2222 said:
    Read the rest of my post. :)
    And if you’d read my post you will have seen that I said the property is empty :)
    Yes, you did. I don’t know how I missed that in your second post. You would certainly expect that the sellers are motivated then. 
    No reliance should be placed on the above! Absolutely none, do you hear?
  • youth_leader
    youth_leader Posts: 2,914 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I was concerned not to receive my Memorandum of Sale too and chased it - the seller ten days to supply the EA with her solicitor's details.  
    £216 saved 24 October 2014
  • GlasgowExpat2
    GlasgowExpat2 Posts: 256 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Finally received it today - the EA had all the information just hadn’t processed it. Spelt my name incorrectly and my address was incorrect - how hard can it be to copy details across 😔
  • youth_leader
    youth_leader Posts: 2,914 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Glad you have it at least, let the fun begin!
    £216 saved 24 October 2014
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
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.