Hi, I'm hoping someone can offer some knowledge or advice as this is a bit of a minefield for me.
We're in the process of selling our house and buying a new one. Have been assured all is going well by the solicitors and sales progressor, and our vendor wants to complete on Monday (massive stress in itself as solicitors haven't been communicating any of this between them!). Anyway, that's doable, but then our sales progressor contacted our buyers solicitor yesterday and now there are issues there!
We have a twin bed terrace and part of the wall where the stairs are (between sitting room and dining room) has been opened up. This was done before we moved in 8 years ago and nothing came up as an issue when we moved in (as far as we were aware anyway, we were first time buyers and in retrospect didn't have a clue what was happening!). Anyway, our buyers solicitors queried at the start of October asking about building regs and certificates - we don't have any, didn't do the work and nothing was flagged up when we moved. Our solicitors assured us all was fine and we offered to provide the buyer with indemnity insurance. I was told they had accepted this and breathed a sigh of relief. Until yesterday when apparently all is not okay, and our buyers solicitors is refusing to accept indemnity insurance and wants a certificate.
I don't even know what that involves, it it seems ridiculous as surely indemnity insurance is made for these situations and is totally standard? Our sales progressor was going to speak to our buyer directly yesterday so I'm hoping he see reason, but if not and they're demanding certificates, I just don't know what that all entails.
I don't really know what I'm asking, I'm just stressing and worried the move is all going to fall through when we're desperate to get it sorted and move to our new house (so scared we're going to lose it). Just hoping someone might have some advice or know anything about situations like this. If you got this far, thank you for reading!