Nightmare with Buyer. 5 weeks no survey

Financial_Savvy · 15 July 2008 at 9:00PM

I am having a nightmare.:mad:

5 weeks ago we received formal notification of sale, that we had sold our house to a FTB. It is 5 weeks later and still no survey.

I have been told what may be confilcting information. Apparently 4 weeks ago he paid for his survey, but only 1 week the mortgage broker send off the paperwork.

Why would you pay for the survey before the mortgage broker sent the paperwork off. I am being told porky pies?

Advice welcomed.

SquatNow · 15 July 2008 at 9:07PM

Incompetant mortgage broker?

Or maybe they are just struggling to get a mortgage.

Either way when the valueation comes back the sale will probably fall through.

Financial_Savvy · 15 July 2008 at 9:13PM

Why would the valuation make the sale fall through. It's a good price.

Apparently he has paid for the searches as well.

If it falls though, the chain falls apart.

It's alot of stress.

SquatNow · 15 July 2008 at 9:16PM

It was a good price *5 weeks ago*.

Financial_Savvy · 15 July 2008 at 9:18PM

There is nothing cheaper on rightmove at the minute.

We took a hit.

SquatNow · 15 July 2008 at 9:34PM

Financial_Savvy wrote: »

There is nothing cheaper on rightmove at the minute.

We took a hit.

So everything on rightmove is overpriced then... wouldn't be unusual.

If you place was such a bargain, in the 5 weeks, your buyer would have been gazumped.

TighterThanTwoCoatsOfPain · 15 July 2008 at 9:36PM

lol no winning with you is there! :-P

SquatNow · 15 July 2008 at 9:42PM

TighterThanTwoCoatsOfPain wrote: »

lol no winning with you is there! :-P

It's not a matter of winning or losing.

I'm simply stating facts.

!!!!!! turn on a TV or read a paper once in a while.

The whole country is going to hell in a hand basket.

And it's not a particularly well made hand basket either.

TighterThanTwoCoatsOfPain · 15 July 2008 at 9:52PM

did you miss my ":-P"

Financial_Savvy · 15 July 2008 at 10:02PM

But going back to my original point, can you pay for a survey before the mortgage paperwork was sent off?

dander · 16 July 2008 at 1:22AM

Dredging the back of my memory, I *think* I paid for my survey and arrangement fees when the mortgage was originally agreed in principle - the mortgage company then sent through the forms for me to sign and add in various paperwork - payslips etc, so I guess he could have paid and then been faffing around hunting down payslips, passports and whatever else they need.