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Transfer of equity - advice needed

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Hi all, 

First time posting, but have come up against a bit of an impasse and am worried that i will get the timing wrong/i'm being strung along abit by ex's solicitor.

Have divorced and had a sealed final order, with stipulation that my share in the property can be bought out by Monday 4pm.

I've chased ex's solicitor for past fortnight as heard nothing and they've finally got in touch with me....they will not confirm if the funds are in place, if my ex is able to carry it out in line with the order and even whether a mortgage has been offered. All they will say is, we wouldn't be working on this if we didn't think it could happen.

They are telling me i need to sign a TR1 and ID1 asap - but feel, as this will incur a cost, that i am in my rights to push back until i have seen proof that this is actually going ahead by the deadline? Can anyone advise on this?

This has gone on for best part of 2 years now...so if the deadline is missed, we will be going to the fallback provision (house sale).

Thanks in advance

Comments

  • Tiglet2
    Tiglet2 Posts: 2,670 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    If you don't sign the TR1 and ID1, then the transaction on Monday cannot go ahead.  The solicitor won't complete without a TR1 or ID in place, so I imagine that the solicitor (who is acting for your ex and will not discuss the transaction with you), saying that they wouldn't be working on it if they didn't think it would happen are indirectly telling you that this is happening. 

    Could you ask them to take the cost of the forms out of the transfer of equity proceeds?  That way, they cannot charge you unless the proceeds have been received by them from your ex.
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