S
seller432
Guest
Folks,
I bought a house few yrs back thru a solicitor. Now I am selling my house and have hired another solicitor. I want to sell asap and the buyer is FTB i.e. mortgage ready.
My new solicitor says - "As per old solicitor, the title is awaiting registration in the Land Registry and therefore cannot return the Deeds to bank." My new solicitor has requested bank to let take over their Undertaking in order that new solicitor can collect the Deeds from old solicitor.
Can someone explain in plain english what above means as in absence of deeds, the contracts can't be issued thereby causing unneccessary delays.
I bought a house few yrs back thru a solicitor. Now I am selling my house and have hired another solicitor. I want to sell asap and the buyer is FTB i.e. mortgage ready.
My new solicitor says - "As per old solicitor, the title is awaiting registration in the Land Registry and therefore cannot return the Deeds to bank." My new solicitor has requested bank to let take over their Undertaking in order that new solicitor can collect the Deeds from old solicitor.
Can someone explain in plain english what above means as in absence of deeds, the contracts can't be issued thereby causing unneccessary delays.