Has a series of emails from Serliana who have been contacted by the developer who wants to complete by December 11th this is about a month earlier than we originally said. Wendy from Serliana has said get the money ready to go via CHAPS or next day transfer, make sure all documents are sent next day delivery, all systems go. For us this means getting the additional re-mortgage money out of our high interest account at Birmingham Midshires which requires 4 days notice so need to move fast in order to have the funds ready.
I thought I’d just check with Breytenbachs (our solicitor) but when I rang them they seemed pretty laid back about it. The developer had mentioned the earlier completion date to them but had not officially notified them so completion remained the same, early Jan 07. They advised that there was no need to panic and they would contact me when I needed to do something.
So who’s correct, do we need to kick into action or not? I asked Breytenbachs to contact the developer and see what the score was, they said that they would and advised me not to do anything until they contacted me.
Its one of those things, I’m sure that once you’ve got a bit of experience it doesn’t faze you but this is the first one and we don’t want to be the ones to bugger it up. We set up the highest interest, instant access savings account at our clearing bank (LloydsTSB) and requested the required amount from the Birmingham Midshires so at least it will be quick when we do need transfer and we will lose the minimum amount of interest while its sitting there waiting.
Wednesday, 15 November 2006
Confusion Reigns on Park Central Property –Whats Going On?
Posted by
Gary
at
07:19
Labels: Finance, Property Clubs, Solicitors
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