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Solicitors have left us homeless!!
Comments
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Yes I never *complete on Friday. Yes majority go without a hitch but when it does happen have all weekend to fretTBG01 said:Sistergold said:Dear OP. Hope this gets sorted today. I NEVER EVER EXCHANGE ON A FRIDAY, for this specific reason! If things go wrong on Friday you have all weekend to stress while all offices are closed! Good luck xx
I'm assuming you mean complete.
The majority of transactions complete on Friday. The majority of which go through without a hitch. Unfortunately though the OP was one of those unfortunate ones.
Curious if they've managed to find out what went wrong.Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),Target is to pay it off in 10years(by 2030🥳).MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
Am a single mom of 4.Do not wait to buy a property, Buy a property and wait. 🤓0 -
peterhjohnson said:
I wonder about a system where everyone due to put net cash into a chain must send it to a special account for that chain the day before. Early on completion day, the institution holding the chain account notifies everyone that it has the expected balance (or not!) Keys are released before lunch and money distributed the same afternoon.user1977 said:
but I'd have thought it feasible for the funds to be transferred first (under appropriate undertakings) and everyone agrees exchange and completion once the money is sitting in the correct accounts.
I don't see why such a system would be needed as it would just add complications and cost to the process. The solicitors could just send the money to each other a day before completion anyway and no need for an intermediary holding the funds.0 -
I hope the silence means the OP is busy moving in.
I hope we find out what has happened.3 -
Me too... I hate being left in suspense...
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