Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
I bought a BTL property(Leasehold) for which completion took place on 30/Sep/2014. A tenant moved in straight away and things with letting side all are going well so far. However, I’m still waiting for the completing of the ownership of the property registration. I don’t know much about the whole legal procedure but 5 months seems too long to be acceptable. I have been chasing my solicitor consistently but the only answer I have got from her is:
“The delay is caused by the vendor’s solicitor due to the complexity of shared ownership (50/50), but there is nothing you need to worry about as the property is yours, it will be completed as soon as next registration is available”.
The service from this solicitor is very poor, which is another story, however I am getting a bit anxious now as I can’t even get an estimated completion date, really frustrating!!
Can anybody give me some suggestions what shall I do?
Thanks for your time!
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More