Totally stuck house sale

Flugelhorn

GDB2222 said:

Flugelhorn said:

Chief_of_Staffy said:

mat1964 said:

Chief_of_Staffy said:

mat1964 said:

"How are you going to forfeit £6k by backing out pre-exchange" - that is the current solicitors bill, including costs such as searches etc for both the purchase and sale as well as survey cost on the purchase.

You don't pay for searches on your sale. Searches are about £350. A level 3 survey is £600 - £1.5k (down the drain, but that's another story). A few quid for solicitor's enquiries. I don't see how you've spent £6k pre-exchange.

I know what my own commitments are relating to the sale and purchase thank you very much.  

Strikes me as a load of nonsense. Good luck.

goodness 6K  - try a different solicitor next time

This included the cost of surveying the onward purchase, plus solicitor's fees both for the purchase and sale. Mortgage application fees, probably. Search fees. Fees to the management company for the estate, perhaps. I would not expect a lot of change from £6k. 

I've no idea why people are telling the OP he's wrong about what it has cost him. This forum ....!

fair enough, not so much wrong as overcharged - still sounds a lot, haven't applied for a mortgage for years, what do they charge these days - used to be a couple of hundred which they added to the loan