An undertaking

Tootling wrote: »

I understand why an undertaking is basically, but not the circumstances that would require one.

No, that's because they don't concern you directly. Would you like it if your solicitor passed confidential information up and down the chain willy-nilly?

I'm not angry at them about that

You might like to re-read your original post, because it certainly comes across as that.

I don't see how they could have not known. We had for weeks ago been aiming to exchange on x and complete on y and would have met that had it not been for their sudden revelation a day or two before everyone was set to exchange. The last bits and bobs were completed everyone basically thought they'd be exchanging on the day, or one or two days after, had no reason not to believe.

Yet you assume that they clearly knew about this mysterious thing that you cannot identify.


Given that you've not exchanged yet, just be thankful that this isn't a total show-stopper with somebody pulling out completely.

They had dropped one house they were buying at the last minute

So they spent real money on all the legals, surveys etc on one property - then just changed their mind, wasting that money completely, on a whim - just to annoy the rest of the chain?


Or something about that property suddenly turned into a showstopper, causing them at least as much grief as you?

Anyway that's confusing my question, i should have kept it to the point...

Under what circumstances would you need an undertaking?

How long is a piece of string?

But i guess without more detail i might never know.

Correct.

If the solicitor is unwilling to reword the undertaking (and in not questioning the fact he is) where did that leave everybody? Seems a funny thing to cause a chain to collapse.

Quite.


Why would anybody be so intransigent for no rational reason whatsoever? It makes no sense - so the logical conclusion is that there must be a genuine issue here.

There has to be a way to move to alleviate whatever it is.

Perhaps there is - or perhaps it'll cost more or take more time to resolve than just pulling out - or perhaps it's causing the lender to view the property as unsuitable security for the money.

But if course we don't know what that is. I am talking to myself here...

Or perhaps you're just venting and lashing out. It's understandable that you're frustrated - but turning that frustration into anger helps nobody, least of all you, move forward.

Obviously best course of action now is to find somewhere to rent properly. Hmm.

Or perhaps it'll all sort itself out, and you'll be exchanged by the end of the week.