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Lawyer delaying house purchase, horribel lawyer experience
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TSate
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Jul 19 2017, 12:11 PM, updated 9y ago
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I bought a 2nd house/subsale house and got recommend to a shitty lawyer by my friends.
Its now already a year since ive paid my downpayment and there are some progress and now pending for the release of disburse from bank.
My question is my 6 month has passed and thats where the penalty fee and all the late charges comes in right, how do you calculate the penalty fee and all the late charges? Is there a way i can void these late fees.
Im stuck with an arrogant shit of a lawyer, who blocks me doesnt answer my calls and im not even a pushy guy, i might call maybe once or twice a month to ask for progress. Ive been following up with the vendor lawyer and bank and they all seem to be pinpointing on my lawyer for being late.
Anyone has this sort of experience maybe can share it with me.
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TSate
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Jul 21 2017, 02:39 PM
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Thank you all for the response, im currently in my 2nd phase of disbursement , 12 months has passed since i 1st paid my downpayment. QUOTE(shaniandras2787 @ Jul 20 2017, 06:35 PM) is your house a freehold or leasehold, if leasehold then it is normal for the transaction to go up to 6 months before getting completed. late penalty interest is calculated from the 1st day you exceeded the original completion date (the period that you required to pay) until the day the entire purchase price is settled. don't pay anything just yet, have the solicitors provide you with a chronology and see where did the delay arises. if the delay is not due to your own fault, do not pay and if you are insisted then go a lodge a report at the Bar Council. lawyers are not supposed to take advantage of clients and definitely not allowed to "gain experience" through the expenses of clients. Leasehold, Will ensure that they provide me a chronology, in their clause they have already written that all expense after exceeding 6 months will be bear by the buyer, i think this is standard practice for all lawyers involved in properties right? Is still possible for me to get out from this mess? Whats the penalty like in percentage by day/month?
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TSate
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Jul 24 2017, 11:37 AM
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QUOTE(oxm8 @ Jul 23 2017, 07:44 AM) Whats a double transfer?
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