Just had an email from a guy that purchased a flat from me 7 years ago. He is re mortgaging and has just been told that the original solicitors never transferred the freehold of the flat into his name upon completion. I still own it....of course I will sign the paperwork to transfer it over, but is that just not a huge fuck up ?
It is a F** up on their part. Not great for you either - you will be a bare trustee of the property in their favour, so you owe the new buyer a fiduciary duty
Amusing..
Just had an email from a guy that purchased a flat from me 7 years ago. He is re mortgaging and has just been told that the original solicitors never transferred the freehold of the flat into his name upon completion. I still own it....of course I will sign the paperwork to transfer it over, but is that just not a huge fuck up ?