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  • FIRST POST
    • copperjar
    • By copperjar 15th Aug 16, 2:29 PM
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    copperjar
    Does anyone want to join me waiting to find a house to buy?
    • #1
    • 15th Aug 16, 2:29 PM
    Does anyone want to join me waiting to find a house to buy? 15th Aug 16 at 2:29 PM
    It seems there are a lot of threads from people waiting to sell, get mortgage, an exchange date, new builds etc, but none from people looking to find their dream house, which is no less stressful!

    We've been provisionally looking since March/April time and haven't really seen anything but thought we'd get our house on the market anyway and that would push us in the right direction. Got an offer on the house 2 days after it going on the market which we accepted, on the proviso that we'd be given some time to find somewhere. End of Sept was suggested as a reasonable timescale. But we are still no further to finding anywhere at all!

    Starting to get pretty stressed and tetchy now! Don't really want to go into rented and it feels like the clock is ticking. Starting to get letters from the solicitor which is worrying me (he knows about us not having anywhere yet) and I'm feeling pressured even though no pressure is being applied!

    My experience of estate agents isn't great either. They must be the only customer service industry in the country that won't work outside of office hours and I get most phone calls and effort put in from them trying to get me to speak to their financial advisors! I just want to get a house!! Argh

    I know I'm probably in a very good position but it doesn't feel that way right now. Market is so slow, just want a flurry of new houses to come up in September!
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
Page 8
    • MeandO
    • By MeandO 15th Sep 16, 10:32 AM
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    MeandO
    Yes, there are insurance-backed guarantees for treatment works, but unfortunately the lady can't remember the company that did it either.
    I've phoned the agent and they've arranged with the vendor to send out a specialist to check it over and confirm whether it has been eradictaed or not and certify it if so.

    I have my fingers crossed. If I did go ahead and buy it, I'm not sure whether I would be on Knotweed watch for the next umpteen years though!!!
    Debt Free

    "Life shrinks or expands in proportion to one's courage" - Anais Nin
    • psychological
    • By psychological 15th Sep 16, 12:42 PM
    • 34 Posts
    • 22 Thanks
    psychological
    Not hugely experienced in property purchasing (being a FTB) but would the issue with japanese knotweed be primarily around the premiums for buildings insurance, rather than whether a mortgage lender will lend on it?

    3 years without a return sounds promising, just ensure you get the paperwork from an accredited specialist I guess. Or ideally the vendor can dig it out (pun definitely intended).

    There's always going to be something, no such thing as perfection but this sounds very promising MeandO happy for you.
    • copperjar
    • By copperjar 18th Sep 16, 10:09 AM
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    copperjar
    What did you decide to do MeandO?

    We're still undecided on whether to up our offer on the house we saw last week. Getting a bit down about it all now. Nothing feels completely right but waiting for the "perfect" house might be a never ending wait
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • MeandO
    • By MeandO 18th Sep 16, 2:11 PM
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    MeandO
    I did put an offer in and it was accepted - pending tomorrow's investigations - but yesterday I spoke to a friend who lives nearby who has told me that the next door neighbour is not a nice person. I won't go into detail, but it is enough to put anyone off, especially as I will be a woman living alone there if you get my drift, so I shall be withdrawing my offer tomorrow.

    I feel for you copperjar, it really does get you down doesn't it.
    Debt Free

    "Life shrinks or expands in proportion to one's courage" - Anais Nin
    • psychological
    • By psychological 19th Sep 16, 5:05 PM
    • 34 Posts
    • 22 Thanks
    psychological
    I did put an offer in and it was accepted - pending tomorrow's investigations - but yesterday I spoke to a friend who lives nearby who has told me that the next door neighbour is not a nice person. I won't go into detail, but it is enough to put anyone off, especially as I will be a woman living alone there if you get my drift, so I shall be withdrawing my offer tomorrow.

    I feel for you copperjar, it really does get you down doesn't it.
    Originally posted by MeandO
    Oh wow, you really aren't having much luck. I'm sure the next one will be the right one!!!
    • copperjar
    • By copperjar 19th Sep 16, 8:09 PM
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    copperjar
    Really bad luck MeandO - but it does sound like you've dodged a bullet there.

    No new houses have come on (again) today. Tuesday's and Thursday's usually the best days - although saying that it's a maximum of one within price range! Have started now looking back on our favourite 3 so far - all of which have compromises and none we have fallen in love with but I'm starting to think that's all romanticised rubbish and won't happen for us!

    Back of my mind says something better will come up but in my heart of hearts I'm not sure it will
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • MeandO
    • By MeandO 19th Sep 16, 8:18 PM
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    MeandO
    Thanks psychological.


    Yes, I think dodging a bullet was the right term of phrase the Copperjar!
    I'm doing the same. Re-considering the one I'd ruled out. The one with on-road parking. There is literally NOTHING else out there.

    You're right about Tuesdays and Thursdays too, I have no idea why. Only one came on the market today in my area within price range, but teeny tiny and totally unsuitable.


    My buyers are getting ansy now too.
    So totally fed up with this!
    Debt Free

    "Life shrinks or expands in proportion to one's courage" - Anais Nin
    • Kjd123
    • By Kjd123 19th Sep 16, 8:40 PM
    • 11 Posts
    • 11 Thanks
    Kjd123
    Usually September is a pretty busy month for new property coming on.
    • MeandO
    • By MeandO 20th Sep 16, 10:09 AM
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    MeandO
    I was hoping it would be kjd, but unfortunately it doesn't seem to have panned out like that


    Just had the EA on the phone again this morning, my buyers are getting more and more annoyed and are threatening to pull out now. Whilst I understand they want to move in, I have had nothing from their solicitors or them since we agreed the sale. It irks me a little more as I lost my dream house because of problems with their original buyer and them pulling out of the sale.
    Debt Free

    "Life shrinks or expands in proportion to one's courage" - Anais Nin
    • copperjar
    • By copperjar 20th Sep 16, 2:54 PM
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    copperjar
    I would just play along MeandO and say you're waiting for documents from their solicitor. Unless uou think pulling out is a better option right now
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • MeandO
    • By MeandO 20th Sep 16, 3:03 PM
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    MeandO
    Unfortunately they know I haven't found anything yet as the EA has told them. I have also queried the lack of documents from their solicitor though. They'll just have to wait I'm afraid, there's nothing else I can do!
    Debt Free

    "Life shrinks or expands in proportion to one's courage" - Anais Nin
    • copperjar
    • By copperjar 20th Sep 16, 8:17 PM
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    copperjar
    Well they will threaten to withdraw hoping you'll say you will go into rented I would expect. But if you are clear that's not an option, they either wait or walk away. Think my buyers will say the same once all the paperwork is done. Do you feel confident you would sell again?
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • vacationgirl
    • By vacationgirl 21st Sep 16, 10:43 AM
    • 85 Posts
    • 124 Thanks
    vacationgirl
    Our daughter (FTB) found her dream property and put in an offer of the full asking price but this was rejected as the vendors wanted more (?)
    The property was advertised by Swetenh@ms whose house sale advertisements always include the statement:
    Guide price £xxx (asking price) to £xxx (asking price+£20k)
    Therefore they seem to think it's ok to reject the offer as it is the minimum
    of the guide price scale.
    Don't understand the logic of this, if they want more money for the house why didn't they advertise it at the price they expect to achieve?
    • MeandO
    • By MeandO 22nd Sep 16, 10:51 AM
    • 870 Posts
    • 4,514 Thanks
    MeandO
    Well they will threaten to withdraw hoping you'll say you will go into rented I would expect. But if you are clear that's not an option, they either wait or walk away. Think my buyers will say the same once all the paperwork is done. Do you feel confident you would sell again?
    Originally posted by copperjar
    Yes, I've said that's the only options Copperjar - they either wait or move in with their (local!) family for a while. They don't have kids, they are a young ish couple so it should be relatively easy for them in comparison if they do really want the house.

    Have you had any luck with new properties?
    Literally NOTHING has come onto the market in my area for the past few days. I decided to put an offer in on the one without parking that is a private sale, only to hear they are having difficulties and may not now be selling.

    I swear I'm cursed!
    Debt Free

    "Life shrinks or expands in proportion to one's courage" - Anais Nin
    • copperjar
    • By copperjar 22nd Sep 16, 7:12 PM
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    copperjar
    Crikey MeandO! More bad luck. Really hope you can find something soon, and I'm sure that your buyers will wait. Sounds like they are getting a lovely house so won't want to lose it. Maybe they are holding back on getting the legal stuff done before you find somewhere? That's what I thought mine would do but they were chasing me to send the sellers pack back.

    Same here this week - no properties at all. It's unbelievable, I was assured things would pick up in Sept but so far it's worse than August! We are seeing one tomorrow that I'm excited about (other half less so!). Its a bit over budget though so I've got to hope nobody else is interested. The one we put the offer in a few pages ago who rejected outright keep contacting me asking if I have reconsidered putting in another offer. If you are prepared to wait it out it does seem that deals can be had. One of the benefits of not falling in love with a house yet!!
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • copperjar
    • By copperjar 22nd Sep 16, 7:16 PM
    • 724 Posts
    • 1,612 Thanks
    copperjar
    Our daughter (FTB) found her dream property and put in an offer of the full asking price but this was rejected as the vendors wanted more (?)
    The property was advertised by Swetenh@ms whose house sale advertisements always include the statement:
    Guide price £xxx (asking price) to £xxx (asking price+£20k)
    Therefore they seem to think it's ok to reject the offer as it is the minimum
    of the guide price scale.
    Don't understand the logic of this, if they want more money for the house why didn't they advertise it at the price they expect to achieve?
    Originally posted by vacationgirl
    I'd guess if the guide price has a lower and upper ceiling, the full asking price isn't the lower of the guide! I hate the whole guide price approach, looked at one last week the same and I thought the lower price was too high!! They will wait it out then no doubt reduce it at some point. Maybe your daughters offer in time will prove to be a good one. They will wait a week or so if they have more viewings lined up then maybe will reconsider.

    I always thought looking for a new house would be fun!
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • copperjar
    • By copperjar 23rd Sep 16, 7:15 PM
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    copperjar
    Well we went to see a house this evening and both really like it. Finally! So we will put in an offer. Only issue is that it is a bit over budget, so we will have to hope they are open to a deal. We're obviously in a good position and the house is vacant, but it only went on the market last weekend so it may be a waiting game. Trying not to get too excited!
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • kilby_007
    • By kilby_007 24th Sep 16, 1:41 AM
    • 399 Posts
    • 213 Thanks
    kilby_007
    I'll add my situation to the mix.

    We sold (completed) in March and moved into rented after a run of bad luck with buying. We decided it would be easier to take off the pressure and break the chain. I think the other purchases falling through were probably a blessing. Although they seemed perfect at the time, we've re-evaluated what we want and where we want to be, however the area we want to be has gone crazy with house prices going up by 30-40% in 5 years. It seems to be down to a) The local shools going up to 'outstanding' on their Ofsted reports and b) A shortage of quality 3/4 bed housing with our criteria.

    We're quite specific now in that we want:-

    1) Walking distance to a good school (<20 mins).
    2) Walking distance to a village or town (<20 mins).
    3) Enough of a garden so that we can have a workshop, summerhouse/bar, seating area and a good sized lawn for the kids to play.
    4) A period property or attractive 60's-70's build (the latter is difficult to find given some of the building materials used e.g. stone/tile cladding and renders),
    5) A quiet (ish) road or cul de sac.
    6) Parking spaces (2 minimum)

    Part of me doesn't want to rush into buying until we know what the market is doing, but part of me wants to get on with it and buy a family home that we can make our own. Our rented property suits us fine for now, but I'm getting a bit frustrated with things like wanting to build a climbing frame or mounting mirrors on the wall etc!
    • copperjar
    • By copperjar 24th Sep 16, 9:34 PM
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    copperjar
    Well we've put an offer in at 7% under the asking price. The EA couldn't get hold of the vendor before noon and have closed now until Monday morning! Argh. He did tell me that the house has been rented out for the past couple of years but the vendors have recently split up and want a quick sale. I'm pretty sure first offer will be rejected, can go up but we have a maximum we can't go over so probably best to get there in 2 or 3 steps.

    Feel excited and nervous!
    Total debt 1.11.10 £23,446
    Save £6k in 2015 #129 £6121.66/£6000
    Save £6k in 2016 #39 £3996.70/£6000
    • Gunther Golf
    • By Gunther Golf 25th Sep 16, 8:43 AM
    • 39 Posts
    • 12 Thanks
    Gunther Golf
    We are viewing a property today which is only the second one we will have viewed. Only been "seriously" looking the last 4 weeks or so however not a great deal coming up in the area's we want, within the budget we have set and which meet our criteria.

    It's boring stuff i have to say!

    First Time Buyers
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