Payment after house completion

[tr7v8]

OK need some advice. SiL has got divorced and as part of it sold the marital home.
Completion was last Thursday 27th. She still hasn't seen the outstanding funds.Around £140K for her share. The solicitors have sent final accounts etc.
They are giving her the runaround with phrases like "Checks are being made on your bank account" The main solicitor won't talk to her and some minion does know anything?

[interstellar]

I would be going down there. Funds normally are paid out on the day of completion. She should also be asking for interest.

[CSR Performance]

Time to go and sit in their reception...

[blueg33]

Yup go and sit there. Bank checks should have been done in advance.

[JoshSm]

Hopefully they're just useless and haven't done what other solicitors have done with client funds.

Agree with paying a visit.

[Nicetobenice]

blueg33 said:

Yup go and sit there. Bank checks should have been done in advance.

And take ID docs and a bank statement. No excuses then.

Maybe some sandwiches and flask, in case they need to dig in for the long haul.

[Collectingbrass]

tr7v8 said:

OK need some advice. SiL has got divorced and as part of it sold the marital home.
Completion was last Thursday 27th. She still hasn't seen the outstanding funds.Around £140K for her share. The solicitors have sent final accounts etc.
They are giving her the runaround with phrases like "Checks are being made on your bank account" The main solicitor won't talk to her and some minion does know anything?

I had this with my divorce. Still legally married at the time of sale, we (stupidly with hindsight) used the same solicitor to handle the sale that was handling my ex-wife's side of the divorce.

I thought we had an agreement on how the capital should be distributed, especially as the family debts the house sale were supposed to clear were in my name only, but surprise surprise that was not his interpretation nor implementation. Snakes with Tits indeed.

I would make sure your SIL is entitled to the money with a formal Financial Order, and play hard ball until then.

[The Leaper]

As an executor I completed a sale of a property recently. Contracts were exchanged on 20 February with, unusually, completion on the same day. The proceeds of the sale were received into the executors' bank account that day too. There's no excuse for delayed payment.

R