Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
PLEASE READ BEFORE POSTING:
Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour.
Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Pulling out of exchanged contracts on new build
Comments
-
Yep. You've made a commitment to buy.
The sellers have made plans and paid out on things (materials, salaries, ect ect) on the basis you honour your agreement.
They aren't really going to smile it away, and say 'Ah, it's ok chief, we understand, you agreed and signed the contract to buy before securing the money... no problem, we'll just take the loss ourselves.'
This seems what you expected their position to be.0 -
I did, back then for 95% LTV (and they would have even given me 100% back then). Of course after 3 months they withdrew the offer!....this was just before the credit crunch....i was also in a "secure job" back then!
Surely I can't be the only buyer in this market wanting to pull out...
No your not!!
http://www.berkeleyhomescollective.com/
AMDDebt Free!!!0 -
yes, went on that webpage, thanks a lot, i hope other people in my position see this too.0
-
I know this is not much help, but what was the reason for exchanging contracts on a property that was not built, as opposed to just putting down a goodwill deposit?0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards