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Reducing offer price at last minute before exchange

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Comments

  • silvercar
    silvercar Posts: 49,556 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Can we have a rightmove link?
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • dfh
    dfh Posts: 1,073 Forumite
    mike5678 wrote: »
    We've dealt at £178k :)

    Saved myself £2000 with one phone call. :beer:

    Anyway, I based my decision on the fact that there is nothing else on the market for similar money in the locality. I also have a fixed rate mortgage for three years and I can manage the repayments. If I was to wait for another year, my friend may have moved on by then and I would have to find a stranger to lodge with me (I don't NEED a lodger, I just would in order to overpay the mortgage).

    I will be in the place for a good few years, probably until I find myself a woman (which could be a while!). It meets all of my needs, I can get to work easily from there, I can get to central London nightlife easily, I can walk into Watford town centre for nightlife easily.

    Everyone has to have living costs so I jumped on board and we'll see how it goes, if I've paid a few grand more than some would say is wise, I got bored of thinking about it and just did it, I want to move out of my parents home, I can start to have fun now as I have enough disposable income to live here comfortably and no parents to disturb. I don't need to worry about prices falling over the next few years as I won't be going anywhere, plus you have to consider what is the cost of another year living with mum and dad, is that worth it?

    To all the very moral people in here, I will think of you when I am spending my extra £2000 :rotfl:

    Congratulations,well done ! Hope everything works out for you from now on.
  • Ian_W
    Ian_W Posts: 3,778 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    mike5678 wrote: »
    To all the very moral people in here, I will think of you when I am spending my extra £2000 :rotfl:
    Please do - hope for your sake it's not spent on lifting the floorboards looking for a dog turd, removing the radiators to find those prawns, fixing the central heating that mysteriously isn't working or replacing light fittings the vendor decided might be worth £2K. :rotfl::rotfl::rotfl:

    Still you won''t know until you move in, bet you can't wait! ;)

    God works in mysterious ways, his wonders to perform. :A
  • bdl1brick
    bdl1brick Posts: 83 Forumite
    Well done Mike!
  • Welshwoofs
    Welshwoofs Posts: 11,146 Forumite
    Congrats on getting the house! I wouldn't crow about 'moral people' though, you may have got it £2k cheaper but one day you'll have to sell....imagine if you got gazundered at the 11th hour by someone ;-)
    “Don't do it! Stay away from your potential. You'll mess it up, it's potential, leave it. Anyway, it's like your bank balance - you always have a lot less than you think.”
    Dylan Moran
  • How wonderful for the OP.

    The vendors may still have the last laugh - they probably secretly know that the cost of extending the short lease is nowhere near the estimated £13.5k. When it comes to money, I always find that if you save cash somewhere, you get stung for the same amount somewhere else.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    How wonderful for the OP.

    The vendors may still have the last laugh - they probably secretly know that the cost of extending the short lease is nowhere near the estimated £13.5k. When it comes to money, I always find that if you save cash somewhere, you get stung for the same amount somewhere else.

    Agree with this. They may enquired and thats why they wanted to sell.......
  • Ian_W wrote: »
    Please do - hope for your sake it's not spent on lifting the floorboards looking for a dog turd, removing the radiators to find those prawns, fixing the central heating that mysteriously isn't working or replacing light fittings the vendor decided might be worth £2K.


    What an awful thing to do !

    Two wrongs dont make a right however hurt you feel !

    However this must be an interesting topic for a new thread.
    Just a bit of fun.

    Thread title will be : Fun Thread : What have you done to sabotage a property to get yor own back !
  • dfh
    dfh Posts: 1,073 Forumite
    I think the Op got himself a great deal and he is right to crow.Reading some of the comments,sour grapes comes to mind.
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