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Leasehold Management Pack

(6 Posts)
TuttiFruttiCutie Fri 23-Jun-17 16:02:19

Hello,

In a short chain more or less ready to complete. 10 weeks in. Buyers are threatening to pull out if not exchanged by end of the month although this is the first noise they have made regards a date! Our onward purchase is not quite complete as vendors still awaiting their management pack. Things don't look likely do they?

Spickle Fri 23-Jun-17 17:02:12

Not likely at all to be honest. The management pack, once received, will throw up another set of enquiries, all of which will need to be responded to and satisfied before exchange can take place.

NoSquirrels Fri 23-Jun-17 17:07:57

Leasehold properties and management packs take aaaages.

If they've never been promised completion by a certain point it seems odd to threaten anything now - 10 weeks is not terrifically long. Just reassurance they need perhaps? Sometimes communication in the chain is not what it should be so they're just freaking out at lack of information on delays?

TuttiFruttiCutie Fri 23-Jun-17 18:06:21

We have responded to all questions and paperwork same day or next day. It's all gone through relatively smoothly so far. Buyers have gone straight to ultimatum and threatening to pull out without even previously pushing for a date.

We are keen to exchange at the soonest but our vendors simply aren't ready!

NoSquirrels Sat 24-Jun-17 10:21:36

I didn't mean it was your fault - sorry OP! Just that they may perceive the delays as a lack of willingness on your part, iyswim, rather than understanding the delay is directly as a result of leasehold management stuff. It's hard sometimes in a chain to know what the other side are thinking/hearing - solicitors communicate in solicitor-speak, everyone talks through other people so you kiss that human connection which might reassure you and everyone seems like a faceless bad guy (or that's just my experience grin!)
That's where a good estate agent can help a lot - is yours any good?

NoSquirrels Sat 24-Jun-17 10:22:47

You miss that human connection! If you were kissing it probably would be rather different!

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