I am in finance and I looked at bridging loans two years ago to solve a property move. I was alarmed at the punitive T&Cs, even when things went well. To repay early or extend seemed like financial ruin. Conclusion: Find another way. If you have neighbour problems make your sale and leave. Having sold and bought recently I don't think there are any obligations to disclose angry neighbours. Maybe they just hate you and will take some time to hate the new occupants. You will quickly find out more than half the "stuff" you own is not needed. So start chucking it away, selling on FB Messenger, now. Storage is cheap, abundant and flexible. You can even pay people to pack your stuff up and take it away to storage. I have a camper van with space for two race bikes if that takes your fancy
IIRC, the TA6 form refers to both ongoing and past disputes but I can’t check if there’s a time limit as it seems the forms can only be downloaded from the members section of the Law Society website and as I’m a barrister rather than a solicitor, I don’t have a log in. The limitation period in misrepresentation cases effectively only starts running from the date the claimant became aware of the misrep so it’s probably safest to assume there is no cut off. Question - why are you asking a motorbike forum rather than your conveyancing solicitor?
Because the house is not up for sale yet and I was just floating around some ideas and trying to make a plan of action, there are some very knowledgeable people on here but I don’t expect free legal advice. sorry
No need to apologise and don't worry, I'm not going to pull a Donald on you and ask for payment for something you assumed would be gratis. I was just concerned that you had a buyer but were flying solo, which is rarely a good idea in any circumstances, but particularly a situation like this one.
In the event of a sale wouldn’t the ongoing bounty dispute be brought to the attention of the buyer’s solicitor? If so the buyers would more than likely use this opportunity to offer you less than the asking price.
Yes basically we’ve come to the conclusion tonight that we are trapped here unless we sell it for nothing, it’s only worth about 450,000 at best and I think we would struggle to sell it for 380,000. Would you buy a house with a neighbour problem? I wouldn’t. Thank you for everyone’s helpful input anyway.
I wouldn’t give up too quickly, it’s definitely worth having the conversation with an estate agent, you never know your gipsy neighbours might want to expand and they’re not short of a few quid.
Funny you should say that, my wife has been convinced for years that they want our house for themselves.
Bridging loans are like a gun to your head or to be more accurate a time bomb. Avoid. Find somewhere affordable to rent until you’ve sold. Unfortunately once a place is empty buyers know they’ve got the upper hand. Yes it might be your neighbours plan. Good luck negotiating a deal with them
It’s gone a bit too far for that, these are the people that accused me of shooting one of them and had me arrested and held for 24 hrs, I’ll never speak to those things ever again and certainly will never offer them my house. Besides that they will be thinking they can get it for 100 grand, I remember when I first viewed it 10 years ago rat senior collared me outside and tried putting me off buying by saying “that place is no good the roof is collapsing, it got subsidence and its damp” all lies as is everything that comes out of their inbred traps. It’s a great bungalow with everything we want just a shame I can’t pick it up and move it
