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!

Auction conveyancing

Options
1235»

Comments

  • youth_leader
    youth_leader Posts: 2,918 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Congratulations, I hope it is everything you hoped for.
    £216 saved 24 October 2014
  • london21
    london21 Posts: 2,156 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    It's been 6 days that we completed and my solicitor still chasing seller's solicitor for the title deeds and transfer deed.

    Does it normally take long to get this once completed?

    Only in a hurry because in the process of remortgaging to release some of the purchase money haven had to complete cash in order to meet auction deadline and stamp duty holiday. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    london21 said:
    It's been 6 days that we completed and my solicitor still chasing seller's solicitor for the title deeds and transfer deed.

    Does it normally take long to get this once completed?

    Only in a hurry because in the process of remortgaging to release some of the purchase money haven had to complete cash in order to meet auction deadline and stamp duty holiday. 
    Been a busy time for conveyancers with the the end of June stamp duty cliff edge. Probably not considered a priority issue. 
  • user1977
    user1977 Posts: 17,842 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    I wouldn't think this is specifically an auction conveyancing matter, and your conveyancer ought to be able to guide you on what's (currently) the norm. As above I expect everybody is swamped with sorting out post-completion SDLT holiday deadline stuff.
  • london21
    london21 Posts: 2,156 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Thrugelmir said:
    london21 said:
    It's been 6 days that we completed and my solicitor still chasing seller's solicitor for the title deeds and transfer deed.

    Does it normally take long to get this once completed?

    Only in a hurry because in the process of remortgaging to release some of the purchase money haven had to complete cash in order to meet auction deadline and stamp duty holiday. 
    Been a busy time for conveyancers with the the end of June stamp duty cliff edge. Probably not considered a priority issue. 
    Likely the case, if it was a mortgaged property at present wouldnt care much when it is registered but because of the money borrowed from family, was looking to pay them back ASAP, but guess will have to be patient. 
  • london21
    london21 Posts: 2,156 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    user1977 said:
    I wouldn't think this is specifically an auction conveyancing matter, and your conveyancer ought to be able to guide you on what's (currently) the norm. As above I expect everybody is swamped with sorting out post-completion SDLT holiday deadline stuff.
    Yeah true.
    I did not want to create a new thread just used the old one.
    my case is a little complicated due to buying through auction. The seller was not the registered owner on land registry so could not get a mortgage during purchase.

    If it was a normal EA sale, would have stayed clear away.
  • GDB2222
    GDB2222 Posts: 26,258 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I’m astonished that there haven’t been loads of posts about 30 June catastrophes. The system seems to have held up well.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • london21
    london21 Posts: 2,156 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    GDB2222 said:
    I’m astonished that there haven’t been loads of posts about 30 June catastrophes. The system seems to have held up well.
    Lol a moan won’t fix it. Likely issues will come up in the next few weeks.

    Mine was more the auction. The stamp duty holiday was just an additional benefit.

    auction was on the 3rd June, would have been hard to get a mortgage and complete by the 30th June. 

★ ★ ★ 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
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K 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.
Update Your Picture