Should we Gazunder???

Chyna-s

citizen11 wrote: »

What a ridiculous comment, it is to feed and clothe a child and they will still need feeding and clothing even though the benefit ceases. So money that was previously available for mortgage payments is now being spent on feeding and clothing a child.

But surely if you have Children you should expect to feed and clothe them from your wages, not government handouts.

Eric1

dizziblonde wrote: »

Oh my god I love how this has gone. First we had the "ohh this is a MoneySaving forum - they'll tell me I'm being awesome for it" line of reasoning. When that hit the sound of silence and people with morals we moved onto trying to play the economic cuts card - till someone inconveniently pointed out that we've known the cuts were coming for months and months.

That did not deter most sellers, EAs and buyers from happily playing with huge debts.

dizziblonde wrote: »

Now we're crying about child benefit being the reason! What's going to be the next straw clutched at to justify your contemptible actions - the price of fish?

Actually, yes. The price of fish could be a good indicator of inflation

neverdespairgirl

iolanthe07 wrote: »

I have one child, and when child benefit is withdrawn for higher rate taxpayers, our household income will be down £20 a week.

But if you're a higher rate taxpayer then your income is such that £20 a week is neither here nor there.

Not at all. If I earn £50k a year, and get £20 a week in child benefit, it's about 3.1% of my net income.

But, of course, it's a much higher percentage of my disposable income, after rent, bills, etc.

Horizon81

Very interesting topic. Do let us know how it turns out.

I'm surprised so many people are talking about being moral in business, building a sound relationship etc. That may be relevant in some business relationships that last long term, but realistically when it comes to buying a house you're never going to deal with the vendor again - it's generally a one off purchase. Of course, this is no excuse for being underhand or messing people about unnecessarily. However, if you've had a change of heart and genuinely want to lower your offer by £10k then do it, but be prepared for the vendor to say no or to tell you where to go. It's a risk, but it seems you'll regret it if you don't ask so I say go for it.

iolanthe07

it's about 3.1% of my net income.

Precisely: neither here nor there.

telfordwhite

neverdespairgirl wrote: »

No - the "agreement" in law is at exchange.

I know what the law is, doesn't mean the OP isn't welshing on an agreement.

Amanita_2

citizen11 wrote: »

In fact when we sold in April 2008 I was surprised not to get gazundered.

You were fortunate that you were not selling to someone like yourself then.

I gave up reading after 2 pages but if you were my purchaser you would be dumped forthwith.

22225

I still don't think being a higher rate tax payer necessarily means you've got a lot of money. not if you're only just over the threshold or in London. I think a lot of people are being a bit mean because of jealousy. Most people could earn 40K if they worked hard enough for it and I don't think they should be punished for it. I know this isn't meant to be a CB discussion.

Good luck with your decision OP.

njh82

hi there

Interesting discussion. I am in a similar situation OP. I put in an offer in July and thanks to waiting for probate we still have not exchanged. meanwhile our rent, storage and legal costs have been draining us dry..we too were considering renegotiating based on the recent market crash and the costs incurred due to their situation- people shouldn't be allowed to put property ont he market and accept offers if they don't have the legal right to sell..but thats another story!

So in my humble opinon I would say as long as you can justify it to yourself just do it, especially if you are considering dropping out anyway..maybe they will agree to it and would rather drop the price than lose a buyer altogether ? also I assume it depends if they accepted your offer as asking price or if they had already taken a hit by accepting a lower offer?

Its a bit liek a child playground on here. yes people are entitled to their opinion but must they start with the name calling, its really not necessary to get nasty! However, If you are being swayed by what others say on here then it woudl seem, deep down, you feel what you were suggesting is wrong, otherwise you would just do it and ignore everyone else.

Only you can decide but I am very interested to see the outcome!

jebervic

Just had some joker try and gazunder me, agent emailed me yesterday saying that in view of the economic climate blah blah, Mr ****** is willing to proceed to exchange if we drop the price by 10k, called the agent and told her that if Mr ***** wants a cheap house he should look elsewhere, hell would freeze over before I give into this sharp and immoral practise.

Phone call from agent today saying that Mr ******* wife had been in touch and that we should "take no notice of him, he's always trying this sort of thing on".

So if Mr ******** reads this forum :rotfl: