Can I sell my house whilst waiting for completion certificate?

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Mark.56
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by Mark.56 » Tue Jan 15, 2019 10:36 pm
F&F offer accepted and paid in September 18. Aperture advised thst Completion Cert can take up to 6 months. In the meantime, can I put my house on the market, even though any sale will nog likely to complete until after March? Or must I wait until Completion Cert artives?
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luluj
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by luluj » Wed Jan 16, 2019 4:15 am
You will need their permission to do so and any restrictions placed on the house during the iva will need to be lifted so as not to impact the sale going through.

Until this is done and the iva removed from credit file you may find, if a new mortgage is required, it will be difficult to do so.
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Foggy
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by Foggy » Wed Jan 16, 2019 7:44 am
It is possible, but not advisable. IF the sale completed before the certificate was issued the proceeds could be drawn into the IVA. Also, as Luluj mentions the restiction on the title would also frighten off any prospective purchasers.
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MerlinL14
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by MerlinL14 » Wed Jan 16, 2019 9:26 am
I agree with Foggy, although it is possible it would be ill advised to do so until you have been released from the IVA with your completion certificate.
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kallis3
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by kallis3 » Wed Jan 16, 2019 10:10 am
Keep pestering until you get that letter - remember you will be on the Insolvency Register for up to 3 months after that date.
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Lisa Thomas
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by Lisa Thomas » Wed Jan 16, 2019 10:12 am
Not unless the Supervisor confirms the IVA trust has no interest in it and removes the caution, which is unlikely unless and until they have done their final reviews and confirmed the IVA can be closed and completion certificate issued.
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Mark.56
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by Mark.56 » Mon Jan 21, 2019 10:50 pm
Thanks for all your replies.

Aperture have said that I am due a refund of one months payment which might take 3-4 weeks to process or if I don't accept the money, they can send me a closure certificate in by end of Jan.

Seems a bit odd to me.. Any thoughts on how I should go back to them?
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Foggy
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by Foggy » Tue Jan 22, 2019 7:51 am
What they are saying is that they will not close the case until everything, including the refund, has been tied up. If you forego the refund they can "close early". There is an element of snake oil logic about it , but they are just being lazy. If, as they do, they can deal with PPI payments that come in post completion, I am sure they can accomodate a refund!
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Mark.56
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by Mark.56 » Tue Jan 22, 2019 1:54 pm
Thanks Foggy - should I make a complaint? When I first read their email it seemed like 'blackmail'!!!
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Foggy
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by Foggy » Tue Jan 22, 2019 2:46 pm
I am in two minds about a complaint -- they do deserve one, but it could be counter-productive at this stage. They could delay the completion process until the complaint is dealt with !
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