Problematic Part exchange property

Property

Part exchange

The transaction involved a part-exchange property purchase where the seller was also buying a new-build home, creating a linked and more complex property chain.

Delayed

The purchase was delayed for approximately nine months because the completion date of the new-build property was repeatedly postponed, causing the client's mortgage offer and property searches to expire and require renewal.

Successful completion

Hannah successfully completed the transaction through proactive communication and client support, keeping all parties informed throughout the delays and earning positive feedback from the client, who praised her responsiveness and recommended her services.

The problem:

Hannah acted on behalf of a client purchasing a part-exchange property, where the seller was simultaneously acquiring a new-build home.

The transaction was significantly delayed due to repeated postponements in the completion of the new-build property. As a result, both the client's mortgage offer and property searches expired during the process, requiring careful management and coordination to keep the transaction on track.

The solution:

Despite these challenges, Hannah maintained regular communication with all parties, guided the client through each stage of the extended process, and successfully brought the matter to completion approximately nine months after the transaction began.

The outcome:

Successful Outcome for the client who left this Client Testimonial:

"I've just completed on my house purchase. Hannah Edgley is very easy to deal with and actually replies to you. I would definitely recommend using her if you are looking for a quality solicitor."

SHARE THIS ARTICLE

Share on Facebook Share on LinkedIn

Part exchange

The transaction involved a part-exchange property purchase where the seller was also buying a new-build home, creating a linked and more complex property chain.

Delayed

The purchase was delayed for approximately nine months because the completion date of the new-build property was repeatedly postponed, causing the client's mortgage offer and property searches to expire and require renewal.

Successful completion

Hannah successfully completed the transaction through proactive communication and client support, keeping all parties informed throughout the delays and earning positive feedback from the client, who praised her responsiveness and recommended her services.