Stressed. Due to complete on Tuesday, buyers solicitor making last minute demands.
This is just a frustrated, stressed rant.
First time seller, buying a new build and selling to first time buyers.
Things have been progressing along well, contracts signed by both us and our buyers. Due to complete on Tuesday.
Two weeks ago, our buyers solicitor raised a query with a boundary issue that was to be expected.
We own an ex council house, so leasehold, but the deeds show the neighbours path diagonally crosses our front door then straightens down our path.
When we were purchasing, our solicitors raised the same query and an indemnity policy was put in place.
Both mine and my neighbours front gardens are fenced off and separate, with our own separate pathways leading to our front doors and have been since 2013. Before that, they just didnt have a fence separating the two, but both homes used their own paths and the neighbours have never tried to claim the area in front of our door.
As the prospect of an issue was considered to be low, an indemnity policy and declaration of longterm use without issues from the couple we bought off was enough for our sale to go through.
So when they raised this, our solicitor reminded them of the insurance in place as well as the fact it has been used independent of each other for decades.
All seemed to be going well. They let pur buyers sign their contract etc then on Monday this week, they decided they don't like that there is an excess on the policy and instructed us to get a new one without an excess.
My solicitor has been unable to find any without excess, in fact, all other quotes have had higher excess.
We are now waiting to see what the buyers solicitor will accept.
Just feeling frustrated at this last minute roadblock and can't help but feel their solicitor is being opportunistic waiting until now, knowing we must complete and will be desperate.