Vendors refuse to move out

casperlarue

andytaylor98 wrote: »

Our question exactly, the estate agent has confirmed they are looking at properties though. Just think they are being a bit picky!!

A bit picky!!!!!

That's like saying Hitler was a bit misunderstood!

Sorry, but I don't think they have any intention of selling .... not now, or by June of next year.... or whenever they choose to say.

andytaylor98

Eric1 wrote: »

Why are you wasting the other seller's time then?
It must be karma

Mainly because we thought that the first house was unlikely to ever happen. We were already to go and then the first house rang us to tell us they had a viewing (That they ended up not liking) which has thrown us all in a tis again.

tbs624

andytaylor98 wrote: »

Hi all,

Let me start by saying we love this house and it has taken us ages to find one we both like and feel homely in.

We put an offer in for the full asking price in March (It's now December) and as such had a survey done on the property to support the mortgage application.

However the vendors are refusing to move out as they have not yet found somewhere themselves and do not wish to move into rented accomodation.

That's their prerogative. Presumably you knew from early on that they had nowhere to move to ? Rental accommodation is expensive compared to mortgage repayments, they'd be paying two lots of removal fees and they could end up there longer than they intended/could afford. Maybe they have the jitters about job losses etc?

andytaylor98 wrote: »

We have tried everything including threatening to pull out but all they have said is that they'll understand if we do. We've almost reached a point of completing on another property but it doesn't compare to the original house.

If they have not found a property why should your "threats" bother them unduly, unless the property is one of several similar ones on the market at the same time? If you've "almost reached completion" on another property, then perhaps you just need to let go of the idea of buying the original one and accept that it's not really available to you.

It's lousy losing survey fees etc on a potential purchase that does not come to fruition but the house buying system can (and does) just sometimes work that way.

kazwookie

Have you signed contracts yet?

If not, I'd move on and look else where, they are just stringing you along.

clutton_2

you could drop your offer price by £4,000 per month........

paddedjohn

Remove your offer and look elsewhere, dont put your life on hold for the vendors as it may take another year. If you really like the house then explain to them that house prices are falling sharply and and they have untill January to commit or you will reduce your offer accordingly.

goldbyron

I would sell, rent and as everyone says look elsewhere. If you find somewhere else then go for it and remove your offer. Keep your offer on the table until that time as it is not wasting anyone's time by doing this unless your vendors finally find a place.... To be honest they don't seem to be very keen at all. 9 months to find a place and they have still not found anywhere....mmmmm....

adg1

Find another house.

They have no intention of moving.

If you offer was good enough then they'd have moved to rented accomodation already.

Pull out and move on.

Unless you can wait, say, forever until their perfect home comes to market in the perfect street by that great park??

JQ.

adg1 wrote: »

If you offer was good enough then they'd have moved to rented accomodation already.

Good point - could you imagine if they finally found a house and then allowed someone to gazump the OP. That trully would be painfull.

diable

As someone mentioned keep dropping your price but be prepared to move on.