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Selling delays
mortgageslayer
Posts: 53 Forumite
We're currently selling our house, and buying another property.
The place we're buying is going fine, but our buyers are dragging their heels. Everything is ready to exchange but they are delaying as there is some 'issue' regarding the fixtures and fittings. They claim that their offer included some items that we were not intending to leave. By their account they told the estate agent this was a term of their offer but it was never passed onto us.
Where do we stand with this? Our fixtures and fittings list was completed immediately to putting the place on the market, so this was in writing. If they reduce their offer at the last minute can we ask the estate agent to cover it?
We dont want to lose our buyer as whilst we're confident that it will sell again, we dont want to lose our dream house...
Help!
The place we're buying is going fine, but our buyers are dragging their heels. Everything is ready to exchange but they are delaying as there is some 'issue' regarding the fixtures and fittings. They claim that their offer included some items that we were not intending to leave. By their account they told the estate agent this was a term of their offer but it was never passed onto us.
Where do we stand with this? Our fixtures and fittings list was completed immediately to putting the place on the market, so this was in writing. If they reduce their offer at the last minute can we ask the estate agent to cover it?
We dont want to lose our buyer as whilst we're confident that it will sell again, we dont want to lose our dream house...
Help!
Learn from yesterday, live for today, hope for tomorrow
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Comments
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What are the fixtures and fitting worth? Is the value worth losing a sale over?0
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Probably not much, and definately not worth losing the sale over. Its just that having economised and saved its a bitter pill to basically give money away...Learn from yesterday, live for today, hope for tomorrow0
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mortgageslayer wrote: »Probably not much, and definately not worth losing the sale over. Its just that having economised and saved its a bitter pill to basically give money away...
You're not giving money away, you are securing the sale to the one buyer that is proceeding well on an acceptable offer. What costs have you incurred if the buyer pulled out?
That said, if this is really the estate agent's fault, I would be leaning on them to reduce their commission to cover the second hand value of these items.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.0 -
Speak to your estate agents, if they have not passed on details of the offer then ask them to reduce their commission by the same amount. This is why I always offer in writing.Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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