Sellers responsibilities

[clarahenders]

Hi, the sale of my flat settles tomorrow. What i wanted to know is what am i responsible for after the sale? and for how long?
Its an old flat, all utilities are up to scratch and everything else seems to be in working order. Just wondering what would happen if suddenly the roof leaked or something like that?

[Eve]

If you pay anything like ground rent and/or service charge then that should all be sorted on completion so that the buyer doesn't accrue any arrears.

Your solicitor should have made sure that they have everything that they need.

[Lindylou]

Once contracts have been exchanged you are not liable for anything regarding your 'old' property as the property now belongs to the purchaser. And I hope they've arranged insurance, etc., because if it burnt down (heaven forbid!) then they are liable for all expenses. Completion is merely when monies are finalised and keys handed over. Completion usually takes place an agreed period of time after exchange. This is to the convenience of the parties involved.

[Tizzi247]

Wish my flat was completing tomorrow, nobody wants to view it! Every happiness in your new home!