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  • FIRST POST
    • P11
    • By P11 16th Sep 17, 9:36 AM
    • 2Posts
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    P11
    Shall i withdraw my offer?
    • #1
    • 16th Sep 17, 9:36 AM
    Shall i withdraw my offer? 16th Sep 17 at 9:36 AM
    Hello my fellow board members I'm a first time buyer and was wondering if you could share some of your knowledge and advice any thoughts will be appreciated

    I recently had a offer accepted for a leasehold basement flat ( first time buyer ) last sold 3 years ago everything going great perfect location mortgage offer signed off awaiting completion surveyor and valuation done my solicitor then requested a few documents before we exchange contracts, one being planning permission for it to actually be a flat as it was prohibited in 2000 estate agents and sellers didn't see this as a issue and thought it would be straight forward and applied to council for the paperwork.

    Fast forward 4 weeks no planning permission has been signed off building control have been out identified a few faults they are not happy with ( didn't elaborate what to me ) now estate agents states we are looking at months and months as the seller is chasing old solicitor for neglect and its being investigated then they are going for retrospective planning permission.

    Normally I would have ran for the hills but its literally perfect for what I currently need and plan in the future do I withdraw my offer or sit tight whilst looking elsewhere sorry its long winded just concerned as its my first buy and the above doesn't seem to bode well.
    Last edited by P11; 16-09-2017 at 12:20 PM. Reason: mistake
Page 1
    • eddddy
    • By eddddy 16th Sep 17, 9:53 AM
    • 5,127 Posts
    • 4,778 Thanks
    eddddy
    • #2
    • 16th Sep 17, 9:53 AM
    • #2
    • 16th Sep 17, 9:53 AM
    It sounds like there's no real point in withdrawing your offer. You have nothing to lose by leaving your offer on the table whilst you look for another property.

    If you find another place and get your offer accepted, withdraw the offer on this place.

    If spend months searching for another place, but find nothing - perhaps this place will be sorted out by then.
    • PField
    • By PField 16th Sep 17, 10:25 AM
    • 79 Posts
    • 55 Thanks
    PField
    • #3
    • 16th Sep 17, 10:25 AM
    • #3
    • 16th Sep 17, 10:25 AM
    Guess this is in Scotland? As flats in England are leasehold.
    • P11
    • By P11 16th Sep 17, 12:21 PM
    • 2 Posts
    • 0 Thanks
    P11
    • #4
    • 16th Sep 17, 12:21 PM
    • #4
    • 16th Sep 17, 12:21 PM
    Guess this is in Scotland? As flats in England are leasehold.
    Originally posted by PField
    No its England sorry amended.
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