Seller refuses to pay indemnities

Leon_W

I had a case a few years back where the purchaser and vendor fell out over a cheap built in cooker, it must have been all of £80 worth from B&Q. You said you were leaving it, no we did not sort of stuff that just escalated and escalated into all out war ! They both walked away despite the Estate Agent offering to put in a new one. Absolutely crazy.

As others have said on here, I believe that if you really want the house you should back down. It is not as if you have to meet the vendor face to face, just bite the bullet and get on with it as it will all be forgotten in a few weeks.

Chinkle

We had this problem when purchasing our current house. And given that the vendors had us dancing to their tune all through the transaction (it was back in those heady days of the property bubble) we were definitely aggrieved that they didn't want to pay up to cover the missing paperwork on some remedial work that was done to the structure of the building. However, these insurance policies aren't hugely expensive and in the grand scheme of things do you really want to pull out and lose all the other monies you have paid to date over such a small thing. We saw sense and paid for it ourselves.

Conrad

dollydiva wrote: »

Of course both these points could be levelled at the seller: make a decision (to withdraw or pay) and 'how badly do you want to sell?';)

It just appears to me to be completely unfair: it's not a matter of cost, it's the principle

So pull out then - start over with a new property, another val fee and legal costs if your ego wont allow you to back down

Dick_here

dollydiva wrote: »

the sale is pure profit for him so you might have thought that he'd see the point in coughing up in order to get his big fat pile of money...

I'm hardly surprised he's playing hard ball if this is your approach to him.

Yorkie1

Firstly, are you satisfied that the extensions etc were in fact done to proper / safe standards? That's the most important thing. Have you had a proper survey which addresses this?

If you are happy that the standard is OK, then the question of the indemnity is the issue and others have posted already on that. I agree with them - either accept the position and pay up, or withdraw. Only you can make that choice.

Can't see you having any hope of success in suing for lost fees etc. It's a fact of the E+W conveyancing process that people can pull out up to exchange.

dollydiva

!!!!!!_here wrote: »

I'm hardly surprised he's playing hard ball if this is your approach to him.

I have no 'approach' to him as I don't know him from Adam: I'd ask, why does HE have such a belligerent attitude towards me, bearing in mind that his property has been on the Market for months with no takers? HE should be doing everything he can to keep ME sweet

Short of it is, I'll just sit it out: we will see which of us cracks first...

Conrad

dollydiva wrote: »

HE should be doing everything he can to keep ME sweet

In my long experience the most common reason for transactions aborting, is buyer / seller intransigence and ego often by both parties.

I also notice a strong correalation between the stubborn ego monsters and thier propenstiy to have divorced.:rotfl:

dollydiva

Conrad wrote: »

In my long experience the most common reason for transactions aborting, is buyer / seller intransigence and ego often by both parties.

I also notice a strong correalation between the stubborn ego monsters and thier propenstiy to have divorced.:rotfl:

Oooh....sorry to ruin your theory...I've been married 27 years:rotfl:

dollydiva

The update: Seller caves and now he's paying all breach of covenance, building regs and we go half on missing particulars, thus my contribution £46. Patience is a virtue.