We are buying our house privately as we are already renting from the owner, we had to haggle over the price and eventually a price was agreed on plus a few grand more for chattels (we rented it with quite a few items which are included in chattels) plus this helps to avoid some stamp duty.
We have had a bit of trouble getting a mortgage because only my husbands income can be taken into account and he is nearly 60, but we eventually managed it.
We met the solicitor in the middle of December to go through and sign the contracts and we exchanged contracts last Friday.
Today the solicitor called us to say that the mortgage company has reduced its offer because he told them that the price of the house was several grand less than we told them. He says that he had to do this because he felt that the price of the chattels was too high and we were attempting to commit fraud. (we have spoken to a different solicitor, several months ago, regarding the chattels and he thought it was just about on the limits of acceptable so we did know we were pushing it but hoped it was ok).
Now I accept that we may have been trying to avoid stamp duty by adding a little bit too much to chattels, what I'm very angry about is -
firstly, we are three days from completion what the hell took him so long? he knew what the deal was over a month ago don't you think he could have pointed out that it wasn't on back then?
secondly he is supposed to be our solicitor, did it not occur to him to let us know that he had to do this before he actually went and did it? and certainly before we signed and exchanged contracts.
We are now in a situation were we have to complete in three days and we simply do not have the money to do so.
Is this acceptable behaviour from our solicitor? maybe he was right to question the whole chattels thing but shouldn't he have raised this with us before this point?
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Legal matters
conveyancing solicitor has just dumped us in a load of trouble
4 replies
Wailywailywaily · 10/01/2012 20:27
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