Diary Of A High Street Conveyancer – March 25

Wednesday

It is interesting that notwithstanding the Government announcement , some people still want to move. We all know how busy it is coming up to a holiday period and it seems that there are some clients who are thinking that while they are off work for the foreseeable future, they could make good use of the time and move house.

I cannot remember how many times I have pointed out to clients that they would need to make sure that the chain had no one who was self isolating and that no party in the chain could potentially be self isolating on the day of completion.

In ‘normal ‘ times, we can point out what will happen if things go wrong, but it is rare that we have a non completion once exchange has taken place. We know the risks attached to not completing – the loss of the ten per cent deposit and the possibility of paying all the associated costs of not moving. Are we now going to open our clients up to the greater risk of a chain not completing? The circumstances are beyond our control and the chances of not completing have increased.

And then we had a further announcement from Government – not to move unless you had already exchanged contracts. But even though I told clients this, there were still those who wanted to move. And there was notification from the lenders that the five day period for submitting the Certificate of title was to be strict – we all know that there are times when we can submit the Certificate and get the monies the following day. Those days are no more. how the world has changed in the last seven days – and how conveyancing has changed as well.

Be the change that you wish to see in the world – Ghandi

This is written by a real high street conveyancer who wishes to remain anonymous.

Missed any of the previous diary entries? You can find them below:

Do NOT follow this link or you will be banned from the site!
X