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Notice to Complete Issued by Buyer (Hypothetical)
Ricky116
Posts: 46 Forumite
If we exchange on the 21st and target completion on the 28th, and completion is missed, we as buyers would serve a Notice to Complete, right?
Notice to Complete would require the sellers to complete within 10 working days. If they complied 8 days later, in July, we would incur SDLT.
I understand that "you can claim costs if another party fails to complete".
My question is: because they **did** comply with the notice (8 days later), does that mean the transaction was "successful" from their point of view, and therefore they would **not** be liable for our SDLT costs?
Notice to Complete would require the sellers to complete within 10 working days. If they complied 8 days later, in July, we would incur SDLT.
I understand that "you can claim costs if another party fails to complete".
My question is: because they **did** comply with the notice (8 days later), does that mean the transaction was "successful" from their point of view, and therefore they would **not** be liable for our SDLT costs?
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