I'm in an odd/annoying house buying situation; had an offer accepted 5 weeks ago on a house (yay), mortgage finally got approved subject to valuation after the bank took an age to decide on us. Should be a relatively simple transaction; we're chain free, they're chain free and had already moved out. Nothing particularly special about the house, should all be pretty basic.
But since then nothing, been chasing the solicitors, chasing the agent - typical story of everyone saying they have passed the chase on without ever following up on it.
I finally managed managed to speak to someone more senior at our solicitors, who then rang the sellers solicitor whilst I was on hold - seller hasn't actually signed the forms with their solicitor or paid them. They have also left the country. The agent we've been chasing has been trying to ring a number that no longer works and generally no one has heard from the seller.
What's going on here? I feel like it's maybe some kind of scam but can't figure out how it would pay off with the money going through two established solicitors. Looking at the sold prices the sellers are in line to at least double their money, even if they only bought on an interest only mortgage they will end up with quite a decent pay off so why are they not trying to push this along? Or are people really this useless?
I'm in an odd/annoying house buying situation; had an offer accepted 5 weeks ago on a house (yay), mortgage finally got approved subject to valuation after the bank took an age to decide on us. Should be a relatively simple transaction; we're chain free, they're chain free and had already moved out. Nothing particularly special about the house, should all be pretty basic.
But since then nothing, been chasing the solicitors, chasing the agent - typical story of everyone saying they have passed the chase on without ever following up on it.
I finally managed managed to speak to someone more senior at our solicitors, who then rang the sellers solicitor whilst I was on hold - seller hasn't actually signed the forms with their solicitor or paid them. They have also left the country. The agent we've been chasing has been trying to ring a number that no longer works and generally no one has heard from the seller.
What's going on here? I feel like it's maybe some kind of scam but can't figure out how it would pay off with the money going through two established solicitors. Looking at the sold prices the sellers are in line to at least double their money, even if they only bought on an interest only mortgage they will end up with quite a decent pay off so why are they not trying to push this along? Or are people really this useless?