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Lender hold up

srt86hil
srt86hil Forumite Posts: 45
Part of the Furniture 10 Posts Combo Breaker
Forumite
in House buying, renting & selling
Evening everyone

We're in the process of selling and buying and really wanted to exchange last week (as did the rest of the chain), but there's an issue with the title deed for the place we're buying meaning it needs to go back to the lender just to confirm their valuer is ok with it.

We were told they would respond within 2 days but it's now been a week. I've been chasing everyday through our broker and solicitor but no response! 

Is there anything else we can do?? I'm worried this could just keep rumbling on :-(

Any thoughts/advice appreciated! 

Comments

  • user1977
    user1977 Forumite Posts: 11,794
    10,000 Posts Fifth Anniversary Name Dropper Combo Breaker
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    What's the "issue with the title deed"?

  • srt86hil
    srt86hil Forumite Posts: 45
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    The property is split over two title deeds, so we're signing two contracts.
  • user1977
    user1977 Forumite Posts: 11,794
    10,000 Posts Fifth Anniversary Name Dropper Combo Breaker
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    srt86hil said:
    The property is split over two title deeds, so we're signing two contracts.
    With different sellers?

    I'm not immediately sure that it even needs to go back to the lender. Do you know what exactly the valuer is being asked?
  • srt86hil
    srt86hil Forumite Posts: 45
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    Yes different sellers because one is owned by both sellers and one only by one. In any case, the lender have said we can't exchange till we have their response. Just wondered if there's anything we can do to get a response! They were originally contacted about this 3 weeks ago.
  • user1977
    user1977 Forumite Posts: 11,794
    10,000 Posts Fifth Anniversary Name Dropper Combo Breaker
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    You could try starting their complaints procedure - might make somebody pay attention.
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