Threatening letter from unsuccesful buyer

Milliewilly

moggylover wrote: »

What your post says to me is that you may have the education, the grammar and the spelling: what you seem to lack is the decency, moral standards and ethics of the Op at whom you decided to have a pop:D

Perhaps the education allows us to better water our morals down because we can count the pounds in our pocket more easily and do not count any measure of moral fibre as being worth their weight in gold;)

Some things in this life may be legal, they may even be "the way it is": that does not always make them admirable at all:(

I haven't had at 'pop' at the OP. My comments were directed to 'new home owners' nasty post directed at me about them 'laughing their t1ts' off if my sale falls through.

If you care to read all my posts you can see that I said I personally would have paid the survey costs and told the buyer. I then agreed with the sellers position if I had have been out of work as more info became available (which I am not) and I also gave the example of when I sold my car as to how I have walked away from ££££'s.

Its easy for people to hide behind their keyboards and say what they would have done but if they were out of work and had applied for as many jobs as the OP had unsuccessfully then I am sure more people would NOT have paid up to the FTB'er and would have kept them on the back burner.

Regardless of the moral issue there has not really been any more costs incurred for the FTB'er either and certainly not £5k.

KS1977

I can see what people are saying here, from both sides. The housing market is a difficult and sometimes nasty business. The letter should not have been sent to you and you should certainly not have been threatened. However, on the other hand, you should have been more upfront with the situation and how it lies. I saw a house I liked and put in an offer, but someone put in one higher then me. My financial situation changed and I could have gone in and put in a higher offer, but I just couldn't do it. It would have caused heartache for the other buyer and they would have started spending money on surveys etc.

At the end of the day, I suppose it all boils down to what type of person you are. Hope you sort it out though. :@)

Brand0

Londonsu wrote: »

Got to cut and run but any help whould be appreciated

This must be a wind-up - seriously. If not, you really DO need help. Karma will soon knock at your door.

Soubrette

zzzLazyDaisy wrote: »

That's not the same at all.

In the other thread the sellers solicitor sent a contract out without informing the second purchaser that a contract had already been sent out to the first purchaser.

That is against law society rules as that counts as a contract race and all parties must be informed.

In the case that this thread is discussing, the second purchase was put on hold before a contract was sent out, which is not against the rules.

Yes, this is the bit that smells a bit fishy from the opening post - the ftbers are accepted, warned by the sellers that the house is going to stay on the market as they (the buyers) need to move quickly. The buyers don't bother instructing their solicitor and the ftbers don't bother instructing theirs either.

The day after the surveyor turns up - the original buyer pops out the woodwork.

Hmmm fishy

Sou

lostinrates

toffe wrote: »

I've never heard as much rubbish in my life, the losing buyer needs to grow up, plus he's a chancer asking for £5,000 at most he would have spent £500 on a survey if he had a middle (homebuyers) survey less (£100 - £200) if it was just valuation survey so obviously he thinks the world owes him something..

Only quoting this post as it was the first one I found reading back and its nice and clear.

And I disagree with it.

We were very nearly in the position of these vendors last week. Our valuation survey was £600, no choice set fee , through our high street mortgage provider. The mortgage fee was either £900, or £999, I'm not sure which . The full survey option from the surveyor doing the valuation survey was £2250. Luckily we found out another survey had been done and purchased that for £500. We also instructed a solicitor, and signed an agreement on his fees and are now committed to them (another four figure number)

When a second offer AFTER acceptance of our offer was put in and the vendors asked us for more money I told them politely how much we had sent from the date they accepted our offer. They have lost, that I know of, three sales from messing buyers about in this manner and were in danger of losing us for less proceed able offer...like OP they wanted us both in the game and were trying to get us to bid each other up for the most they could get.

I had also, no financial loss, but out of civility and possibly to future purchase detriment, informed the agents of another property with which we had registered interest that we were out of the game on that one, so that other potential buyers might have a clear run and the vendor know we were not to be hoped about and cancelled viewings on other properties so as not to waste agent/seller time and petrol and hopes.

Had we been out of the purchase at that point we would have lost more than the post suggests. All fees were only undertaken after acceptance of h offer, which is where it seems OPs buyers were.


I certainly would NOT have sent a letter to the vendor, but I do know that the solicitor would have done.

Milliewilly

Unfortunately the OP got so much abuse on this topic we will never find out what the outcome was.