Buyers funds held

Discussion in 'The Buying & Selling Process' started by Jo Whitehead, 6th May, 2021.

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  1. Jo Whitehead

    Jo Whitehead New Member

    Joined:
    6th May, 2021
    Posts:
    1
    Location:
    Ormiston Qld
    Hello, we purchased a property on 27th April & have yet to receive any information regarding the final figures at settlement as well as the residual funds the solicitor is holding in their trust account. It is now 9 days (6 working days) since settlement and they have advised all final accounting will be forwarded within 14 days. We have bought & sold properties over the past 40 years and want to question their right to withhold these funds as we have always had those funds in our account withing 24 hours of settlement. Any thoughts?