Hi all, first ever post, and I'm really hoping you can help! My house chain fell through this week, on the day we were all set to exchange. I had confirmation from my solicitor that we'd be exchanging by close of play, but just 10 minutes later I had a call from the estate agent of the house we were buying to tell me that the vendors had accepted another offer and we'd lost the house.
We, our vendors, and their vendors had all been ready to exchange for over 2 weeks and we were just waiting for our (first time) buyer's solicitor to sign off their file. We'd been chasing daily and telling them the chain was going to collapse but they refused to look at our file because they were "prioritising files that were closer to their completion date" than ours. By the time they finally signed it off, we'd lost the house we were trying to buy so we have had to pull out of the sale.
So we're a couple of thousand pounds out of pocket, have almost an entire house to unpack, and nothing to show for it - we agreed sales on Nov 3rd.
Sorry this is so long, but does anyone have any idea what (if anything) I can do about putting in a complaint to the Solicitor Regulation Authority? Their site says I can only complain about my own solicitors, so I can't believe that a chain can collapse due a solicitor's inaction but I'm not even allowed to complain - is that right?