Vendors pull out AFTER exchange of contract

GSXRCarlos

is this a troll???

YMoney

GDB2222 wrote: »

Forget it! The OP was given some advice which involved doing something, rather than just moaning, and she has not been heard of since.

I did try to do something about it which is why I have not been back in the forum. Just to clear that when I ask the question I was not moaning... It was frustration and confuse and I used this forum for advise.

YMoney

Svenena wrote: »

This is off-topic, but I'm staggered that someone who has (estimated) equity of over £400k and based on mortgage-multiples around 100k income, and is buying a house for not much less than a million pounds, could consider themselves not rich. I know it's all relative, but I hadn't realised the extent to which this applies!

Yes NOT RIch!! Years of hardworking and savings. I am sure you heard of saving. Bought my first flat when i was just 21 having three job to get the mortgage. I went back to University to get an Education as I am not from here.... and at the same time having two part time job to pay for mortgage. (this include cleaning hotel and pub to earn extra money to support mortgage). We then purchase our first house and sold this five years later. As the family grew we move to a bigger house and I went back to do my Masters.... (all in all to better myself). Again work hard for the next 6 years! We managed pay our mortgage off on our current home 3 years ago. I am not rich but worked really hard and plan ahead. Please don't ever judge when you don't know the full story!

YMoney

ALIBOBSY wrote: »

Thats exactly what I was thinking. If I had 400k to spend I could buy our dream house-big double fronted victorian property in 2 acres of land with everything we every wanted-for sale just up the lane. We wouldn't need a mortgage at all lol.

Mind you I live in the north, but even so would never even aspire to be buying a million pound house. I guess those who live in london and the home counties really don't live in the same world as the rest of us. No wonder the MP's are out of touch lol.

Ali x

Ali... it is surprising that you think that people who buy million pound house are rich! have you ever thought that this people may have work their way up. I have saved most of my lives whilst a lot of my friend when on nice holdiay. We see this as our pension! what is wrong in try to better yourself. The problem in this country is here that we look down on people who try to do this... perhaps we should just claim benefit and expect the government to provide us the housing.

missile

RabbitMad wrote: »

there is another option - let the developer that as soon as you complete you will dump 2 old sofas and a washing machine on the front lawn! - £30K discount to you or a better house or you'll make it difficult to sell the remaining 3!

I bought the first house on a development and paid for several extras. I was annoyed when I found he was putting those in for free on other homes. I put a banner on my garage door

I WOULD RATHER HAVE BOUGHT A BARRATT HOUSE

I got the cost of the extras refunded.

YMoney

I have spoken to the developer and they said that although our house is smaller we have the biggest plot. We were shown the land and it is clear why they could not give us a bigger discount. Our house is a corner house and they were confident that this house would go first given the location and the plot which is why the discount is not as high as the other plot. I think the issue I was having last week is that why the developer reducing the price so soon for one of the house and the fact that perhaps if we wait we might a little longer we may get a better discount but this is the risk we could not take as we like the house. I would like to thank you everyone who is trying to help as I was in a genuine panic as we have worked really hard to get this house. We will have a mortgage with this house which means another 15 years of hard work! BUT this is our choice as we want to give the best to our family!

I would also like to say that there a lot of people who are very quick to judge here!. I come from very poor background and would never call myself rich but I would like to better myself and try to give a better future for our family. I don't think there is anything wrong in that. At the moment investment in brick in mortar is better than putting your money in a bank account and this is what we were trying to do.

GDB2222

missile wrote: »

I bought the first house on a development and paid for several extras. I was annoyed when I found he was putting those in for free on other homes. I put a banner on my garage door I got the cost of the extras refunded.

More people should do that - put a banner up! And always try to buy the last house as a MSE, not the first! (The disadvantage is that you get the worst plot, but you get the best deal.)

John_Pierpoint

YMoney wrote: »

At the moment investment in brick in mortar is better than putting your money in a bank account and this is what we were trying to do.

Time will tell.

ALIBOBSY

YMoney wrote: »

Ali... it is surprising that you think that people who buy million pound house are rich! have you ever thought that this people may have work their way up. I have saved most of my lives whilst a lot of my friend when on nice holdiay. We see this as our pension! what is wrong in try to better yourself. The problem in this country is here that we look down on people who try to do this... perhaps we should just claim benefit and expect the government to provide us the housing.

I am not suggesting you were born with a silver spoon in your mouth or a lotto winner. Both myself and my OH worked whilst students, he did 2 cleaning jobs and worked as a security guard whilst at uni, at the same time helping his mum nurse his dad who ended up in a wheelchair from injuries sustained in the forces and made worse when injured working as a paramedic.

Does us being hard workers or having dealt with difficult issues make us better or worse people lol.

I am sure richard branston worked hard, but he is still rich.

The fact is for the majority of people in this country owning a house in that price range or earning say over 40-50k is considered rich.

There is nothing wrong with trying to "better yourself", we joined MSE to clear our debts and improve ours lives and I am proud to say we worked hard, saved and yes didn't have holidays (except the odd few days in a cheap caravan or staying with relatives in this country). We now have just the mortgage and are aiming to start paying that down. My OH works in IT and had above average wages, but even so we could never hope to buy a house at that level and see them as rich peoples houses.

I am very happy where we are and content with my family and where we live and for me I value things such as family time more highly than monetary gain. BUT I would not judge anyone who wants a bigger house/more money/more consumerist lifestyle.
I know the pleasure I find it sitting in the garden with the kids, listening to the chucks and potting on my tom plants, would be nothing to some people and thats their choice.

For what its worth I can see why you are a bit miffed with the developer and can see you may want to raise it with them, but can't see any legal redress for it.

Ali x

PS seen your later post and your discussions with the builder, at least now you are satisfied with why the difference in price.
Enjoy your new home!

Ali x

Svenena

I've only just come back to this thread, and I also think YMoney understood what I was saying.

I didn't say you were BORN rich (why would I make such an assumption based on the little you have posted?!), and good for you if you've worked yourself into this position. However the fact that you still don't consider yourself rich is what surprised me (ie the definition of rich is someone with a lot of money/assets, which to me, you have, even if you don't consider it to be much).