Would appreciate any advice what to do in such situation:
We had sale agreed on a house in April, deposit taken in April too. Because we were cash buyers we transfered full amount to solicitors account in May.
House seller is a bank. I dont know which one. Property is vacant for 3 months already.
However, since April vendors solicitor did not finalized the contract. There were few minor issues as per our solicitor.
They had many excuses not to make a contract (holidays, etc), but still is it normal to wait 6 months to close a sale?
I though that bank would be interested to close a sale
Our solicitor says that this is first time that they see something like this. But there is nothing that they can do, just to keep calling once a week and leave messages.
Our Solicitor said we can wait or take the deposit back and money back.
RE agent is interested to close a sale too, but RE cant push them either.
We dont want to take deposit back because property increased in price, but we cant wait indefinetely too to close a sale.
Any advice woudl be appreciated.
We had sale agreed on a house in April, deposit taken in April too. Because we were cash buyers we transfered full amount to solicitors account in May.
House seller is a bank. I dont know which one. Property is vacant for 3 months already.
However, since April vendors solicitor did not finalized the contract. There were few minor issues as per our solicitor.
They had many excuses not to make a contract (holidays, etc), but still is it normal to wait 6 months to close a sale?
I though that bank would be interested to close a sale
Our solicitor says that this is first time that they see something like this. But there is nothing that they can do, just to keep calling once a week and leave messages.
Our Solicitor said we can wait or take the deposit back and money back.
RE agent is interested to close a sale too, but RE cant push them either.
We dont want to take deposit back because property increased in price, but we cant wait indefinetely too to close a sale.
Any advice woudl be appreciated.