Posted: Sat May 22, 2021 8:39am
Hi Nigella,
Had you meant to attach something?
I've just realised from your heading that it's the vendor who wants to complete by 29 October, so not only is the onus on them to regularise the documentation, they're the ones imposing a timeline the lawyers say can't be met! 😄
If you've received information that you're unsure of and happy to share, do post it. Many of us have experienced what you're going through. We've had it as buyers and sellers - it cost our vendors €1,000 to correct the paperwork on the property we bought and it cost us €560 to regularise the paperwork when my husband sold the property he inherited from his parents. In your case, it's important to remember that this is not your responsibility, not only because you don't want to incur the cost of correcting the paperwork, but because the additional work to the property may trigger a recalculation of its IBI (Council Tax) bill, which can be backdated up to 4 years. These costs - and any fine - should be borne by the vendor, not you.
Unless the vendors are lucky enough to find another buyer, during a global pandemic, who has a lawyer sufficiently incompetent not to make their client aware of these issues, the vendors are not in a position of strength in this transaction. There are a lot of properties for sale - you may need to be prepared to say you won't proceed with the purchase if this can't be sorted in time - or the vendor needs to rethink their completion date.
Kind regards,
Kim