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Status update - Transaction being held up
Status update - Transaction being held up
Posted
Wed, 28 Feb 2024 19:27:29 GMT
by
Michael Wilton
Hi
We are purchasing a property where a small parcel of land was not transferred from the previous sale of the title. This is now being done by the original landowner (not the vendor selling the property).
Is there anyway you can give an update on progress and an estimate on how long it will take to resolve. Ours and our buyer's mortgage offers expire towards the end of April.
Land title is
CB405316
Thanks,
Michael
Posted
Thu, 29 Feb 2024 08:30:12 GMT
by
Adam Hookway
Hi Michael - there's no application against that title so either they've yet to submit one or it's a different title number. Can you check and confirm please? The owner of the one quoted is a Roger
Posted
Thu, 29 Feb 2024 10:26:41 GMT
by
Michael Wilton
Hi,
We have just had an update from our vendors solicitor that the application was only submitted today.
Is there any way for me to track the progress, and what are the chances of resolving before end April?
Thanks
Michael
Posted
Thu, 29 Feb 2024 11:01:58 GMT
by
Adam Hookway
Michael - they need to request expedition next then to keep the initial wait time as short as possible, generally less than 10 days
Everything then relies on their application being in order.
I'll ask colleagues to make it an expedite
Posted
Thu, 29 Feb 2024 11:16:16 GMT
by
Michael Wilton
Thanks for replying so quicky. They have said they have requested expedition.
Posted
Thu, 29 Feb 2024 11:21:20 GMT
by
Michael Wilton
Would you be able to let me know that the application has been received by you and if/when expedition has been accepted?
Many thanks
Posted
Thu, 29 Feb 2024 11:27:22 GMT
by
Adam Hookway
Michael - it's been expedited as a result of my flagging it. I'd suggest making a note to post again in at least a week's time to see what progress has been made. May be too soon but no harm in posting.
Posted
Thu, 29 Feb 2024 11:31:14 GMT
by
Michael Wilton
Cheers Adam, will do
Posted
Wed, 06 Mar 2024 21:37:14 GMT
by
Michael Wilton
Hi Adam,
I know you said it might be too soon, but do you know if any progress has been made?
Thanks,
Michael
Posted
Thu, 07 Mar 2024 07:34:21 GMT
by
Adam Hookway
Hi MIchael - CB405316 was completed on 2nd March
Posted
Thu, 07 Mar 2024 07:42:59 GMT
by
Michael Wilton
Hi Adam,
it was my understanding that the small parcel of land was being transferred to a new title.
Can you confirm that this is the case? If so are you able to give me the new title number?
Many thanks,
Michael
Posted
Thu, 07 Mar 2024 08:39:43 GMT
by
Adam Hookway
Michael - the new title wasn't used and the land added to CB227969
Posted
Thu, 07 Mar 2024 08:47:06 GMT
by
Michael Wilton
Many thanks,
I'll check with solicitors as soon as they open
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