On Tue, May 24, 2011 at 8:18 PM, Pete Theisen <[email protected]> wrote: > Paul Hill wrote: >> Not that it's an issue for me at the moment as my savings are in my >> solicitors bank account, while I wait for my new [1] property deal to >> fail (currently 3 months). >> >> [1] 1890, new by London standards! >> > > Hi Paul, > > You are 1) Expecting the deal to fail
No, but it's not looking great. I'm living in rented accommodation and luckily haven't given notice. > and 2) you have your savings in > your solicitor's account? Somehow . . . It's how it works here. You transfer 10% (varies) of the sale price to your solicitor while the sale is in progress. When you exchange contracts it gets sent to the sellers solicitor. Unfortunately in my case the sellers property fell through (asbestos found apparently). Bit of a pain as things were ready to go about a month ago... What's wrong with asbestos? Great for fireproofing, not so great for cutting... -- Paul _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
