I sold a property to a UK-based couple a few years ago that took almost six months to complete.The delay is due mainly to the buyer being abroad
Whatever the problem is/was, it's not the vendor's. If the potential purchaser is not in a position to purchase, I'd be pushing back on the EA. Surely they have check-lists they complete to ensure the basics are in place before introducing the buyer into the process? This is not rocket science, in fact, it's not even science, just tick the boxes work.I sold a property to a UK-based couple a few years ago that took almost six months to complete.
The big delaying factor was that they had to apply for PPS numbers which took an age to process.
I wonder is that the problem here?
An estate agent has no legal right to request a PPSN from anyone.Surely they have check-lists they complete to ensure the basics are in place before introducing the buyer into the process?
I wonder how many estate agents even know that a purchaser has to have a PPS number? It came as a surprise to me.This is not rocket science
Thanks everyone for all of the replies. I think the quote above is important for me to remember. Buyers solic has sent list of closing requiremebts to my solic as of today (randomly) so it must be close to completing. In this case, im probably better sticking with it.There is no doubt that the OP can pull out of the current deal and can put the property on the market. However, that will not necessarily guarantee a quicker sale at a higher price
I don't see where I suggested they request one. "Do you have a valid PPSN? If you don't I will have to inform my client as you may not be able to complete a purchase."An estate agent has no legal right to request a PPSN from anyone.
Hi myateHas your solicitor said the closing date is close? Having bought & sold twice recently, even after signing contracts, it still can take time if one party drags their heels.
One thing I don't think has come up here is, is your house you are selling in a fast moving area? If you put it back on the market will it go fast or sit for a while?
How can it be, when contracts haven't even been exchanged?As far as I can see its close to completing but iv been thinking that 2 months ago.
This is another thing I have a problem with (I strongly suspect you are been spun a yarn), how can he be 'close to drawing down', drawing down against what ? Think about it, there is no legal agreement to buy your, or indeed, any property, there has been no valuation done (assumption) and what lending agency would give hundreds of thousands of Euro to a guy who just said he's going to buy a/ some/ any house ?Whereas current bidder, as I understand it, is close to drawing down.
If they say no i will put it back on open market and possibly with a new EA.
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