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COVID between exchange and completion

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  • Ramouth
    Ramouth Posts: 672 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    ss2020jd said:
    Sorry to hear this has happened after exchange. 

    Our buyers failed to complete last week due to a problem with their buyers and they had to cancel their removals one day before incurring costs, not to mention stress and inconvenience for everyone.

    As soon as the completion date/time noted in the contract passed there was a breach of contract and their solicitor asked our solicitor to serve notice to complete which makes its way down the chain and I believe then allows interest to be payable under the terms of the contract, and for any losses etc. It gives 10 working days to complete. 

    Your solicitor should be explaining and discussing this with you. 

    I didn’t want to add further stress to our buyers by serving this at first (we are in rented and had already moved out) but when I saw that they were doing it to their buyer and their solicitor requested ours to do the same, I understood that it was the legal protocol that is followed in ‘rare’ cases like this.

    I believe there was some wrangling between them and their buyer for losses I think the solicitors settled and we also received some unexpected compensation interest for the delayed completion. 

    So check with your solicitor as to whether there was a COVID clause and then whether if things dragged on what you would be able to claim for. 

    Thank you.

    We cannot remember if there was a COVID clause in the contract having read it and signed it back in June.  We do not have a copy.  We will check with our solicitor tomorrow.
  • HampshireH
    HampshireH Posts: 4,916 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Ramouth said:
    Update - we completed today after all!  No idea what happened behind the scenes - we didn’t pressure anyone - but we are now the proud owners of a lovely cottage in one of our favourite villages.  Really happy.  Just need to deal with the 100 or so rawl plugs now!  Anyone got any tips?
    That's going to be one very rich seller what with possessing a miracle cure for Covid and all😏

    Glad it's sorted now time to enjoy it!
  • Ramouth
    Ramouth Posts: 672 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Ramouth said:
    Update - we completed today after all!  No idea what happened behind the scenes - we didn’t pressure anyone - but we are now the proud owners of a lovely cottage in one of our favourite villages.  Really happy.  Just need to deal with the 100 or so rawl plugs now!  Anyone got any tips?
    That's going to be one very rich seller what with possessing a miracle cure for Covid and all😏

    Glad it's sorted now time to enjoy it!
    Lol yes!

    Very pleased that we have a good overlap as there is slightly more to sort out than we had thought.  Really looking forward to moving in!
  • jimbog
    jimbog Posts: 2,251 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Slithery said:
    Ramouth said:
    Just need to deal with the 100 or so rawl plugs now!  Anyone got any tips?
    Drive in a screw about a cm or so and then pull them out with a claw hammer.
    Fill all of the resulting holes.
    Good luck!

    Don't use cheap filler as it will eventually shrink and leave a hollow
    Gather ye rosebuds while ye may
  • martindow
    martindow Posts: 10,561 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Maybe it was suspected covid, but the test came back negative.  That would create a couple of days panic before completion took place.
    Glad it's all worked out, OP!
  • Ramouth
    Ramouth Posts: 672 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    martindow said:
    Maybe it was suspected covid, but the test came back negative.  That would create a couple of days panic before completion took place.
    Glad it's all worked out, OP!
    That does seem the most likely explanation.  In which case it’s great that the person at the top of the chain isn’t unwell.  
  • ss2020jd
    ss2020jd Posts: 652 Forumite
    500 Posts Third Anniversary Name Dropper
    Congratulations @Ramouth - you must be so relieved and happy. Now the exciting bit starts. Wishing you luck with those rawl plugs! 
  • Skiddaw1
    Skiddaw1 Posts: 2,265 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    That's splendid news @Ramouth !! May the rawl plugs come out easily and may your lovely new home be full of sunshine... :)
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