Hie there,
I'm new here and came across this site while researching for problems with lawyers discussion thread. Am annoyed and disappointed with how the whole transaction was management.
I hope to get some wise advice. Much appreciated.
To summarize, the bank had released the loan amount; feeling excited under the impression I would get my keys. I had no knowledge about the charges prior to my drawdown). My lawyer then told me after a week of the loan release (and me following up on the keys handover) the vendor is charging me with late interest payment which was not caused by me. There were some delay of documentation from the vendor's end.
While this pursuance of the ding dong late interest, I had started serving my first month installment and I had not gotten my keys. I'm required to also pay the apportionment of the outgoings as requested by MY lawyer as I was told that this is part of my duty in SPA. I totally agree it's my duty with the basis I have gotten my keys. I don't have the keys, yet I'm required to pay. Now my lawyer told me that they will forward the late interest payment to the vendor (they will not pursue further on the late payment interest) on the basis I need the keys urgently.
Can anyone advise me - meaning the lawyer will pay on behalf and claim the late payment interest from me?
Does it mean the the total scenario is as such?
1) I'm already paying my monthly installment
2) Now, I will need to pay the late interest (which amount 1k)
2) AND Pay the apportionment
*in order to get my keys*
This is totally unfair to the buyer. I felt that I'm in the losing end of the deal and my lawyer is not protecting my interest! Note: This is not the seller's lawyer. I'm not agreeable to pay any of the late interest.
Can anyone guide how to handle this situation? Can I terminate the lawyer and deal with the vendor's solicitors directly? How can I get my keys ASAP without paying the interest (it's obviously not caused by me)
Appreciate advice. Many thanks!
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Nov 20 2011, 11:45 PM
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