selling a property - recent delays because of a rush before the end of stamp duty relief??

Discussion in 'General Discussion' started by Molteni Mike, Jun 19, 2021.

  1. davidoft

    davidoft Sponsor

    I expect if the £250k was offered to the conveyancer that would be 28 hrs
     
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  2. Norris

    Norris Supporter

    Last time we moved, albeit quite a few years ago now, we exchanged phone numbers with the buyers and the sellers. That allowed us all to establish exactly where the delay was occurring so the relevant party could give their solicitor a gee-up. It probably helped things along by a week or two, but was invaluable for keeping your sanity

    (Some) Solicitors tell you nothing and will happily sit on stuff without a bit of impetus
     
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  3. 250k that’s quite a discount :eek: how many mill was the house sorry mansion worth??
     
  4. Silver

    Silver Needs points/will pay!

    I think it was 1.5, it was a new build and it had been on the market a while. In truth the price was going to be dropped whatever. But what a great incentive for the buyer to pull your finger out and do the deal:)
     
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  5. Merlin Cat

    Merlin Cat Moderator

    We are currently selling my dads house. Someone in the next village offered 5k under the asking price if we sold by mid June, 25k under if not. We refused the offer as felt the speed of sale may be out of our control however hard we pushed our solicitor. Tbh the guy only wanted to buy Dad’s house to live in for 6 months whilst his was having work done on his own house. As a family we all thought “who does this flash Harry think he is! No way Jose! (The house is on for over £400K! Flipping fancy Dan)
     
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  6. Huyrob

    Huyrob Supporter

    please don’t generalise, I’ve been fleeced by all sorts of “ professionals “ but I’ve acted on the other side of “ conveyancing factories “ where you you could pull your hair out if the problem what not in their “ tick box “ system to resolve .
     
  7. Huyrob

    Huyrob Supporter

    Bought probably 100 or so houses for clients with exchange and completion within 2 days, including survey, Yes some corners are skipped, but client fully aware , no problem . 28 years of professional practice and not ONE complaint. I seem to spend most of my time now either on or under my bay or helping mates who have lowlife scum solicitors [ or legal experts as the unqualified like to be be described’) sorting out their total inability to progress transactions.
    I am not popular, but in demand
    Ps . In demand , but free service!
     
    Last edited: Jun 20, 2021
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  8. Zed

    Zed Gradually getting grumpier

    I can only go on personal experience of 100% useless lazy scumbags. I have not used one that did not require a minimum of constant nagging up to threatening with legal action (irony). I'll stick to my view. :thumbsup:
     
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  9. The foolish buyers of the local new builds told me they used the developer's solicitors to do the purchase, very quick they were too.

    But the downside was those dodgy solicitors failed to tell the buyers that the land was an old landfill, the purchase is tied into management fees, their front gardens are owned by the management company, their roads, paths, greenspace and sewage system are their responsibility and their lovely forest view is shortly to be cut down for another 159 houses which will look out on them.

    One of the new houses is up for sale already but they are finding out that new builds are a premium inflated price which even at this time buyers are not wanting to pay for a second hand home. They stand to lose big money on it.

    Last time I used a solicitor was to do a simple will for me. They were slow and the will had to be amended several times due to their errors and spelling mistakes. What a shambles.

    And the idea of allowing buyers to move in before completion is madness. You get the money, they get the keys, no other way. Even the idea of short term letting is risky as you may struggle to evict them if that arises.

    My neighbours are selling up due to divorce and looking to buy a place each for them and their 2 kids, I don't envy them trying to juggle with that one in a crazy housing market with nothing out there to buy.
     
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  10. Huyrob

    Huyrob Supporter

    [QUOTE
    “But the downside was those dodgy solicitors failed to tell the buyers that the land was an old landfill, the purchase is tied into management fees, their front gardens are owned by the management company, their roads, paths, greenspace and sewage system are their responsibility and their lovely forest view is shortly to be cut down for another 159 houses which will look out on them.”


    These “dodgy solicitors” will not be the developers solicitors as this is not allowed. They will have been recommended. It is and always has been unwise to use one of a developers recommended “panel”solicitors.
    As for said solicitors failing to advise,( and this advise must be clear and in writing )such failure is actionable although admittedly a pain for the buyer to undertake. Could it be that the buyers were advised in what is normally a lengthy written report but either didn’t read or didn’t question it if they were unsure?
    I have come across many incompetent, solicitors, conveyancers,accountants,mechanics, electricians, ….even plumbers. I would not however describe any of them individually or collectively as scum.
     
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  11. Yes. its the buyers' responsibility to ensure that the searches were made correctly and not rely on solicitors. Its always buyer beware.

    I do put the blame fairly and squarely on the buyers who got sucked in by the clever developer sales people and didn't do their research and most bought off plan which is a big risk. The new builds are expensive and mostly bought by London folks desperately wanting to move to the country or a country town.

    Some of the new residents tried to stop the 159 houses planning application but as I told them, the decision was a fait accompli, it was too late. In fairness to the local councils, planning applications are readily available to inspect online before they buy.

    I am not sympathetic to them, they are well off people with little common sense. One of them is a London Barrister, so there you are! She thought she would win her challenge against the further new homes but lost as I told her she would.

    None of us want the 'forest' cut down for housing but as I told the new folks, it is a man made plantation on top of the 20 acres of deep landfill beneath. Good luck removing that lot.
     
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