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Predatory sales tactics / s20 lies

Hi 

Its lovely how they don't regulate these things. Misrepresenting whats on LPE1 and then confirming the truth before exchange is sickening. The only winners are legal professionals and surveyors who racking up nice profits. 

I get the impression the powers that be want buyers to be messed about this way. I wonder why. (sarcasm)
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Comments

  • RHemmings
    RHemmings Posts: 4,894 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I'm guessing that there's a story behind this, and I would like to hear the story if that's OK. 
  • You can piece it together in their previous posts.
  • F37A
    F37A Posts: 333 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    edited 8 October 2023 at 9:45AM
    eddddy said:

    This sounds a bit like a Saturday Night / Sunday Morning at 3am post!

    Unfortunately, being cryptic (or sarcastic) on forums sometimes doesn't work too well. Whilst you know what you mean, people who read the posts often don't.


    You look like a seller. 

    Posts reads fine and the fact i wrote it at that time doesn't really mean anything.

    With the exception of final sentence its pretty clear what i'm saying. I'll let them work out what i mean on final sentence.
  • F37A
    F37A Posts: 333 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    GrumpyDil said:
    F37A said:
    eddddy said:

    This sounds a bit like a Saturday Night / Sunday Morning at 3am post!

    Unfortunately, being cryptic (or sarcastic) on forums sometimes doesn't work too well. Whilst you know what you mean, people who read the posts often don't.


    You look like a seller. 

    Posts reads fine and the fact i wrote it at that time doesn't really mean anything.

    With the exception of final sentence its pretty clear what i'm saying. I'll let them work out what i mean on final sentence.
    To be fair I don't have a clue what you are talking about at least not without hunting down previous posts and that isn't going to happen.

    If you want genuine comments it's helpful to keep everything on one thread or at least provide enough context for readers to understand the whole story. 
    Thanks - the purpose of the post is more a "buyer beware" statement. 
  • I'm reading that the LPE1 said that there were no S20 notices in the pipeline and now you are nearer to completion, there suddenly is a S20 notice.  Is that what you mean?  I guess the date that the LPE1 was written was before any S20 notices were known.
  • F37A
    F37A Posts: 333 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    I'm reading that the LPE1 said that there were no S20 notices in the pipeline and now you are nearer to completion, there suddenly is a S20 notice.  Is that what you mean?  I guess the date that the LPE1 was written was before any S20 notices were known.
    Yes that's right. I have a week before have to exchange. 
  • F37A said:
    I'm reading that the LPE1 said that there were no S20 notices in the pipeline and now you are nearer to completion, there suddenly is a S20 notice.  Is that what you mean?  I guess the date that the LPE1 was written was before any S20 notices were known.
    Yes that's right. I have a week before have to exchange. 

    Perhaps try and see it that there will always be a S20 notice (or more) at some point during your ownership.  The one that has now 'suddenly' been disclosed might have appeared in six months time when you were the current owner and settled in the property.  Still has to go through the process of being tendered out and a contractor chosen to do the work and the bill split between the current leaseholders, which would include you.

    It's difficult to predict what work might crop up in six months, a year, etc.  More important is that the managing agents are looking after the communal areas and keeping up with ongoing maintenance.
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