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House sale held up by right to buy certificate
retiredpenguin
Posts: 1 Newbie
First time buyer, no chain on either side of this sale.
Offer accepted in May, usual queries back and forth by solicitors until the start of August when my solicitor rang me to say they were ready to exchange and could I agree to a date, with the additional info that the seller wanted to exchange and complete on either the same day or day after. With this in mind I agreed on a date and made arrangements such as giving my notice to my landlord (which I now realise was premature but I didn’t want to pay both rent and mortgage for more than 2 weeks!)
On the date of exchange I sent the deposit as requested and my solicitor took my verbal approval to go ahead. I didn’t hear anything further until I heard from the seller (not the solicitor) that it hadn’t gone ahead.
On the date of exchange I sent the deposit as requested and my solicitor took my verbal approval to go ahead. I didn’t hear anything further until I heard from the seller (not the solicitor) that it hadn’t gone ahead.
It seems the seller is missing a certificate of compliance from the housing association they purchased the property through, through the right to buy scheme.
Since then, it has now been over a month with no update other than they are still waiting for the certificate from the housing association solicitors and cannot apparently provide even an indicative timeline for this.
I have a few questions
- is there not usually timelines for these sort of provisions of certificates etc? I find a month is extraordinary to wait for 1 document
- do I have grounds to complain since I was asked to exchange when the sellers solicitor clearly did not have everything required
- do I have the right to the interest currently being earned on the held deposit?
- is there not usually timelines for these sort of provisions of certificates etc? I find a month is extraordinary to wait for 1 document
- do I have grounds to complain since I was asked to exchange when the sellers solicitor clearly did not have everything required
- do I have the right to the interest currently being earned on the held deposit?
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