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.
📨 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!

Should I trust my solicitor?

2»

Comments

  • Drawingaline
    Drawingaline Posts: 2,988 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    We lost our buyer and had to find a new one. (Our purchase was ready to go and buyers pulled out after all conveyancing done due to issues over financing) We then had 11 weeks to get it all done before our mortgage offer expired and two weeks of those were Xmas! Searches came back on 18th December and buyers solicitors refused to raise enquiries until 4th Jan. Once they were raised everyone was on the ball, we turned it all around in three weeks to move two days before our deadline. Was incredibly stressful, but our solicitor and EA were brilliant at putting pressure on, and we ensured we answered everything required same day. 

    All you can do is feed back to the EA once enquiries are raised to ensure the vendors are replying to everything asap, and then ensuring your solicitor reviews quickly. Your solicitor may not review until all enquiries are in, so the vendors need to be on the ball with this too.

    Good luck
    Debt free Feb 2021 🎉
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 2 June 2021 at 3:34PM
    ftb14 said:

     1) Is there any sense in waiting for the searches before raising enquiries?  It would seem to me it's best to get everything that can be done out of the way ASAP.

    There are solicitors that will provide this level of service. Mainly based in London. Downside is that you'll pay a premium price as time is expensive. Every minute is chargeable.  The more time you take up the larger the bill. 


  • moneysavinghero
    moneysavinghero Posts: 1,761 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Your solicitor doesn't get paid until the transaction completes, so he's incentivised to get you to completion. 

    The solicitor is most likely paid on the same day every month. So no real incentive to complete in any particular timescale. Of course his/her employer would like the transaction to complete at some point. But speed of individual transactions is less important than general efficiency.

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
  • 351.6K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.