Current completion times?

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20 Mar 2015 2:40 AM by DuncanMcG Star rating in Manchester, UK. 377 forum posts Send private message

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Hello all,

We are in the process of purchasing a bank owned property on LTDLT. We paid our deposit to the extate egents (La Vida) in the first week of December. We engaged the lawyers at the same time. We paid the bank deposit in the first week of January and transferred the funds for completion on 23rd January.

Since then nothing has happened. We are being told that we are waiting for Bankia and the Land Registry to sort things out but we are not being given any view of when we can expect it to be completed.

Has anyone else completed in the last three months? How long did it take? What were the milestones/dates?

We were hoping to enjoy our new apartment on Easter weekend. This clearly isn't going happen now. Are we being unrealistic to expect it to be completed by the end of March and the utilities to be connected by end of April?

What are others' recent experiences?


This message was last edited by DuncanMcG on 20/03/2015.

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20 Mar 2015 7:39 PM by DuncanMcG Star rating in Manchester, UK. 377 forum posts Send private message

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Today I received an email saying we will complete next Friday so the total process will have taken just short of 4 months. A few weeks more than the 10-12 weeks we were told to expect.

I understand from others this is normal.

Apparently there are a number of people in the same situation as me i.e. waiting for Bankia to complete the paperwork. This effectively took 2 months from me being ready to complete to them clearing their paperwork and being in a position to complete.

Hope this info helps others who are thinking of buying or who are in the process of buying.



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20 Mar 2015 8:29 PM by Cyclinggrezzer Star rating in Grimsby uk . 51 forum posts Send private message

Hi Duncan it was another two / three weeks to get services on once we completed . Ryan air have changed are flight times at Easter we land at 10 .00 am if you need any water or electric / red wine  Graham apt 5603 




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20 Mar 2015 8:30 PM by Cyclinggrezzer Star rating in Grimsby uk . 51 forum posts Send private message

Hi Duncan it was another two / three weeks to get services on once we completed . Ryan air have changed are flight times at Easter we land at 10 .00 am if you need any water or electric / red wine  Graham apt 5603 




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21 Mar 2015 10:08 AM by Zooropey Star rating. 166 forum posts Send private message

 

Good news that you actually have a date - the wait will have been worth it

Tina and Gary 




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22 Mar 2015 11:44 PM by DuncanMcG Star rating in Manchester, UK. 377 forum posts Send private message

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Thanks for the offer Graham. How about a trade? You supply some water and we'll buy the wine at Coppolas.

Thanks Tina, really looking forward to finally getting into our new home from home.



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28 Mar 2015 12:20 AM by DuncanMcG Star rating in Manchester, UK. 377 forum posts Send private message

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We've completed! Apparently not the only ones to do so on LTDLT today. Graham, we will be needing buckets of water next weekend. smiley

 


This message was last edited by DuncanMcG on 28/03/2015.

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28 Mar 2015 8:00 AM by Zooropey Star rating. 166 forum posts Send private message

Great news!!! Congratulations 




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28 Mar 2015 8:59 AM by Cyclinggrezzer Star rating in Grimsby uk . 51 forum posts Send private message

Hi Duncan good to hear you have completed will se you next weekend , will be there for dinner time graham 




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28 Mar 2015 5:02 PM by Fiona41 Star rating. 11 forum posts Send private message

Congratulations , shame we will miss you we go home wed.

Like the idea of water swap for wine. 

Fiona and Tony 




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30 Mar 2015 10:51 AM by Ghavami Star rating. 8 forum posts Send private message

Hi Duncan

Wellcome aboard,hope you and family have lots of happy times in your new home.

We are a newbie as well and we love it here,we are coming back for a short visit 1to 5 April.

Sohrab & Angela 

Phase 1 ,block 23 apt 2

 




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