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.

Help needed with auction sale

I bid and won a piece of land at auction but when my solicitor went to complete it wasn't land registry compliant.
It is now 3 weeks over completion date as buyer not sorted.can I resind the contract 

Tia

light bulb day 1st march 2006 :A :A :A :A :A

Comments

  • user1977
    user1977 Forumite Posts: 11,751
    10,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Forumite
    I bid and won a piece of land at auction but when my solicitor went to complete it wasn't land registry compliant.
    It is now 3 weeks over completion date as buyer not sorted.can I resind the contract 
    What's your solicitor's advice? Did they check the legal pack for you before the auction?
  • poor_cinders
    poor_cinders Forumite Posts: 11
    Part of the Furniture First Post Combo Breaker
    Forumite
    She not really much help was going to send a completion notice and take from there.surely it should have been OK with land regisrty before auction
    light bulb day 1st march 2006 :A :A :A :A :A
  • user1977
    user1977 Forumite Posts: 11,751
    10,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Forumite
    What does the contract say? I wouldn't expect an auction contract to say much more than they'll convey to you what they have, and it's up to you to sort out any registration issues.
  • eddddy
    eddddy Forumite Posts: 15,470
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite

    What isn't Land Registry compliant? Is it the plan of the land?


    The way forward probably depends on whether the seller has done anything wrong.

    Auction properties are often sold "as is". i.e. You look at the legal paperwork, and if you are happy with it, you go ahead and buy. If you're not happy with the legal paperwork, you don't buy.

    It's possible that you did not look at the legal paperwork thoroughly enough, so you chose to buy a property with "dodgy" paperwork.


    Essentially, you probably need to ask your solicitor whether the problem is your fault (because you didn't check the paperwork thoroughly before buying), or whether it's the seller's fault.

    (If it's your fault, you might end up having to pay the seller some damages.)



  • poor_cinders
    poor_cinders Forumite Posts: 11
    Part of the Furniture First Post Combo Breaker
    Forumite
    It wasn't found until we were ready to complete and my solicitor went to register it land registry said it was compliant by the plans
    light bulb day 1st march 2006 :A :A :A :A :A
  • eddddy
    eddddy Forumite Posts: 15,470
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    It wasn't found until we were ready to complete and my solicitor went to register it land registry said it was compliant by the plans

    I think you're saying that the plan provided by the seller isn't compliant with land registry requirements.

    As I say, I think you may be at fault for not checking that the plan was compliant before you bid at the auction.

    She not really much help was going to send a completion notice and take from there.surely it should have been OK with land regisrty before auction

    Are you saying that your solicitor is going to serve a notice to complete on the seller, or the seller's solicitor is going to serve a notice to complete on you?

    If your solicitor is going to serve a notice to complete on the seller, it sounds like your solicitor believes that the seller is at fault.



  • CSI_Yorkshire
    CSI_Yorkshire Forumite Posts: 1,792
    1,000 Posts Photogenic Name Dropper
    Forumite
    surely it should have been OK with land regisrty before auction
    Not in most auctions.  An auction is pretty much take it as it comes.
  • poor_cinders
    poor_cinders Forumite Posts: 11
    Part of the Furniture First Post Combo Breaker
    Forumite
    My solicitor is going to serve notice to complete they supposed to be sorting it this week that was on Fri but still nothing so fed up.we wouldn't have found this until completion .we checked all plans which we thought was OK .
    Thanks for your replies much appreciated 


    light bulb day 1st march 2006 :A :A :A :A :A
  • poor_cinders
    poor_cinders Forumite Posts: 11
    Part of the Furniture First Post Combo Breaker
    Forumite
    And the saga continues still haven't completed as land resirt won't except plans and we also now found out the right of access has the incorrect land regisrty number.it relates to a property 30 miles away.
    I can't seem to get any answers now anyone can help please.
    light bulb day 1st march 2006 :A :A :A :A :A
  • propertyrental
    propertyrental Forumite Posts: 1,663
    1,000 Posts Name Dropper
    Forumite
    edited 7 September at 4:10PM
    Sorry but buying at auction is always a risk and buyers have to check everything before they bid.

    Sounds like you did not get a solicitor to check the legal pack in advance...
Meet your Ambassadors

Categories

  • All Categories
  • 338.9K Banking & Borrowing
  • 248.6K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.8K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards