Failure to complete

GDB2222

ellieh01 said:

I absolutely heard correctly. I asked should I worry. She said no, not at all. So surely she shouldn’t have said this if it weren’t true. 

It seems very strange.

 https://www.youtube.com/watch?v=5Tr8qZCVxhA

csgohan4

ellieh01 said:

I absolutely heard correctly. I asked should I worry. She said no, not at all. So surely she shouldn’t have said this if it weren’t true. 

Depends were you specific in your question?

Not to worry is a general question

more specifically, will this delay things  probably, 

or Will the LR take a while to update probably

is the broker a conveyancer, No

Your clutching at straws here OP on who to blame. Is yourr saved interest worth it now?

 Very very unusual for a vendor to remortgage between exchange and completion, it is a cake and eat situation. Its like having tenants before selling. 

ellieh01

I did not remortgage between exchange and completion. I remortgaged in August. I exchanged a month later, with completion set for 2 weeks later. 

I don’t think it’s helpful to repeatedly ask me if the savings are worth it. Like I said, it’s not like I chose between the savings and an alternative. I didn’t realise there was even anything unusual about doing what I did. Asking me if it’s worth it is just a twatty thing to do tbh. 

AdrianC

ellieh01 said:

Like I said, it’s not like I chose between the savings and an alternative.

That's exactly what you did, no more, no less.

You remortgaged to move off the SVR. You've told us that several times.

Why? Because you wanted a cheaper rate... which would apply for just one month until the sale completed...

It's EXACTLY that which has caused this issue now.

ellieh01

I came here for advice, not to be berated or goaded. 

SameOldRoundabout

Stop trying to pin the blame for this on anyone other than yourself then I guess. It was a really really poor decision by you and unfortunately you’re now reaping the consequences. I hope it works out for you. 

anselld

ellieh01 said:

I came here for advice, not to be berated or goaded. 

You have been advised it is your own fault.  Probably not what you wanted to hear, but it is not berating or goading.

FWIW I expect the solicitors will sort it out between themselves on Monday morning.

AdrianC

ellieh01 said:

I came here for advice, not to be berated or goaded. 

There is no advice that can be given, because you are where you are.

There are literally only two options...
1. Wait until LR process your change of charge.
2. Hope the buyer accepts an undertaking.

You are not being berated or goaded. You are having the reality of your situation explained to you, however much you wish to deny it.

It's too late for you to avoid this mess now, but if you'd found a thread like this before changing lender at the last minute in your sale, would you have thought twice? If so, this thread is serving a purpose for others like you.

GDB2222

ellieh01 said:

I came here for advice, not to be berated or goaded. 

The only advice I can usefully give is to back your solicitor up completely, make sure you are at his beck and call, and act upon his requests immediately. He has already told you to instruct your other solicitor either to withdraw the application or expedite it. Have you done this?

babyblade41

I would be prepared for berating when the rest of the chain get informed !!!

What a monumental mess , I think to try and sue anyone wouldn't hold much water tbh and your solicitor will be left to detangle this , I hope you have a good one and not some conveyancing factory 

You have a little bit of breathing space and hopefully anything to go to LR will be expedited 

Hope you can update the outcome so as to help others in future