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Sally Holdway

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I am hearing anecdotally that a lot of transactions are proceeding on the basis of a simultaneous (or very close) exchange and completion, so I fear that if the deadline was moved to exchange rather than completion, there wouldn't be a huge proportion of transactions that would benefit.

From: Sally Holdway 27 January 2021 10:06 AM

I agree Rob. I really really feel for people who are stuck in the middle of a move process, but in my opinion, adhering to the stay at home rule outweighs the benefits of moving right now. It seems to me that chains renegotiating a completion in 6 weeks time (I think delaying 3 weeks risks being in the same position again) is the best bet to keep deals alive at the moment. And without sounding alarmist what happens if a completion goes ahead now and buyer moves into a house where someone has CV-19 (or their removals guy has it etc etc) and catch it themselves? Certainly the first and foremost duty of a solicitor is to act in the best interest of their client. The question they will be grappling with now is what 'best interest' means - is it getting their completion over the line or reducing their clients' exposure to CV-19?

From: Sally Holdway 24 March 2020 09:03 AM

it is available on iplayer at 7.45am. I'm not much use at shorthand, but this was pretty much what he said.. If it is possible to pause (then pause). There will be some specific cases where moving down the chain, when the the process will mean people will be buying or selling, but one of the things I would stress at the moment IF AT ALL POSSIBLE people should stay in their own homes.

From: Sally Holdway 24 March 2020 08:42 AM

I must admit I do worry about any business model which is putting referral fees at it's heart. Aside from the fact the Government have said that they are looking at the case for a ban (which has happened in other legal worktypes by the way), and the new transparency rules for lawyers, now effectively naming and shaming those agents charging excessive referral fees, don't the general public just expect us to be open and clear about what agents are being paid for selling their client data on? If the House Simple model is clear at the outset to their clients how much they will earn from referrals and commissions then fine, but if not, then I'd be concerned that ultimately this model is not sustainable.

From: Sally Holdway 28 August 2019 10:18 AM

This is fantastic news. Unless change is mandated or the existing providers have FOMO we won't see any significant improvements in the conveyancing process. Well done Rightmove and clicktopurchase

From: Sally Holdway 09 July 2019 11:24 AM

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