We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
we never heard if our offer was accepted or not ???
vashtistar
Posts: 3 Newbie
Hello,
Hoping you can help.
We are first time buyers and we have found flat that we like. We put in a low offer three months ago stating that we would be open to negotiate and never heard anything back from the EA whether or not it was accepted.
We kept asking him and all we heard was that there were other offers as well. Then ( a few weeks later) we found out that the vendor still needed to have the probate sorted out.
A few weeks later than that when we rang him, he told us that the probate had been sorted out and another offer had been accepted but that they had reduced it as there was money owing to the council on the property and noone knew how much, only that the vendor would not be able to cover it and the buyer would have to. (it's a council flat) He then took the property off the company website as he said he wasn't able to sell it with an unknown amount of money owing on it.
We kept ringing to find out if the amount of money owing had been found out and then the EA told us that an offer had been accepted and that the people offering had included covering the amount owing without knowing how much it would be.
We then made another offer today similar to the one that had been accepted, and the EA told us within a couple of hours that it had not been accepted.
My question is - should the EA have told us originally (in September) when we first made an offer whether or not it had been accepted? I'm assuming it hadn't been, but he never said anything.
This is the first time we have made an offer (or made two offers) on a property, so I am not sure how things go, but after the EA telling us so quickly today that our offer had not been accepted, I'm thinking that he should've done this with our first offer also. Then we would've been able to negotiate.
Also - is an EA obliged to proactively tell people who've made an offer if the property is now under offer from someone else?
We were waiting to hear from the EA, ringing him every 10 - 14 days to see if he had heard anything from the vendor and hoping to either have our offer accepted or not, or to make a new offer. If we hadn't have rung him the property may have sold to someone else whilst we were waiting to hear if our offer had been accepted and if the property was again available to be sold.
If anyone can let me know what the legal side is to my two main questions that would be great.
Hoping you can help.
We are first time buyers and we have found flat that we like. We put in a low offer three months ago stating that we would be open to negotiate and never heard anything back from the EA whether or not it was accepted.
We kept asking him and all we heard was that there were other offers as well. Then ( a few weeks later) we found out that the vendor still needed to have the probate sorted out.
A few weeks later than that when we rang him, he told us that the probate had been sorted out and another offer had been accepted but that they had reduced it as there was money owing to the council on the property and noone knew how much, only that the vendor would not be able to cover it and the buyer would have to. (it's a council flat) He then took the property off the company website as he said he wasn't able to sell it with an unknown amount of money owing on it.
We kept ringing to find out if the amount of money owing had been found out and then the EA told us that an offer had been accepted and that the people offering had included covering the amount owing without knowing how much it would be.
We then made another offer today similar to the one that had been accepted, and the EA told us within a couple of hours that it had not been accepted.
My question is - should the EA have told us originally (in September) when we first made an offer whether or not it had been accepted? I'm assuming it hadn't been, but he never said anything.
This is the first time we have made an offer (or made two offers) on a property, so I am not sure how things go, but after the EA telling us so quickly today that our offer had not been accepted, I'm thinking that he should've done this with our first offer also. Then we would've been able to negotiate.
Also - is an EA obliged to proactively tell people who've made an offer if the property is now under offer from someone else?
We were waiting to hear from the EA, ringing him every 10 - 14 days to see if he had heard anything from the vendor and hoping to either have our offer accepted or not, or to make a new offer. If we hadn't have rung him the property may have sold to someone else whilst we were waiting to hear if our offer had been accepted and if the property was again available to be sold.
If anyone can let me know what the legal side is to my two main questions that would be great.
0
Comments
-
It sounds like at that time things (probate) were still up in the air so no offer was accepted. Also:should the EA have told us originally (in September) when we first made an offer whether or not it had been accepted?
No. The EA works for the vendor so has no legal responsibility to prospective purchasers.is an EA obliged to proactively tell people who've made an offer if the property is now under offer from someone else?
Of course it is good practice for them to communicate fully with all parties, and most professional EAs do so, howver they do not have to.0 -
Find a different place to buy.0
-
poppysarah wrote: »Find a different place to buy.
sadly we will have to.
It seems that the EA has acted all legally from what G_M says.
We'll keep looking - although there is next to nothing on the market at the moment. At least next time I will know to hassle the agent every second day rather than every week and a half.
And I can always hope that the other buyer will pull out.
Thanks0 -
I assume you're buying in England or Wales, where I think some aspects of the Scottish system would be useful and appreciated.
Offers are always submitted in writing. It's standard practice to include a clause, or rider, stating "This offer is open for verbal acceptance by (say) 17.00 today, and written acceptance with 5 days of this time" or similar variations.
Did you offer verbally or in writing?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards