We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Help! Chain ready for echange - our buyer putting in a last minute cheeky request...

13

Comments

  • Eton_Rifle
    Eton_Rifle Posts: 372 Forumite
    they are doing because they hold and the power, and they can.

    Agreed.

    Also don't forget this is probably the only feeling of power little insignificant people will ever get to sense. You might have hooked one of these. They relish the idea of rejecting houses, sellers begging for them and their being in control because this is the only time in their life it's ever happened or is likely to happen.
  • shisslemopp
    shisslemopp Posts: 43 Forumite
    oldone wrote: »
    Tell both the Estate Agents what is happening and suggest they share the extra cost between them, taken from their commission for the sale/purchase.

    I would agree with this ^ The agents don't want to have to go through the whole process of marketing your house again, or the house above you. It goes against every bone in my body to say give in to your buyer for this piddly amount, but he might just walk away. At the same time, you don't want to have to pay for the whole thing, so I would ask the agents to share the cost with you. They make enough from you, so a little loss from their commission shouldn't effect them if it means they get their sales.

    Good luck :)
    Yes, yes I am! :dance:
  • DON79
    DON79 Posts: 3,842 Forumite
    Whatever happens, one trick I knew was that someone stuffed sardines inside the curtain pole (it was one of those hollow metal ones). I heard it made a lovely stink that they just could not figure out where it was coming from... :p
    BSC #215/No.1 Jan 09 Club
  • tommie1shunt
    tommie1shunt Posts: 341 Forumite
    Tell the SOB that the price has shot up a £1000, he or she have already committed money to the deal so they lose out as well.
  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you do pay, make sure you don't end up with a delay anyway... I'm betting it waits til he's back from holiday. Say if he doesn't complete before whatever date (before he goes away), the original price stands and you won't be paying the extra amount. Your solicitor/EA will obviously both need to know.

    Jx
    2024 wins: *must start comping again!*
  • Ulfar
    Ulfar Posts: 1,309 Forumite
    I bet he delays exchange till after his holiday.

    I would wait till you know he has left and then answer with a no, being bugged by an estate agent while on holiday will annoy the crap out of him.

    If you give in you leave yourself open to further demands.
  • Martin81162
    Martin81162 Posts: 136 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Is your buyer willing to lose his purchase over £400? It's a gamble if you call his bluff, but the world seems to be full of these idiots.
    Or you could pay and strip the place before you leave.
    Martin
  • mrputney08
    mrputney08 Posts: 132 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    What's the betting this buyer's done this before. He knows how to play poker.

    I would be inclined to fiercely defend my position for as long as nail-bitingly possible, keep communications with your estate agent as close as siamese twins and hold out until the very last minute. Say you either exchange now with the buyer or never, and you are prepared in this instance to go halves on the fuse box as a gesture of good will, that is all.

    But don't hang about, it's really not worth your sanity or time!
    Pay if you must, it's grossly unfair on you but unfortunately this is the way estate agents and buyers work.

    ButI wouldn't let it drag on 'til Aug,Sept, by which time your buyer will have possibly moved on anyway.
  • geoffky
    geoffky Posts: 6,835 Forumite
    YOU put yourself in this position by refusing a perfect request most buyers would ask for.Now he has you where he wants ,the pressure is on you....pay up time.I applaud the guy for his tactics because i believe his request was one i would ask for..
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • booboomania
    booboomania Posts: 56 Forumite
    Well looks like we've won that hand... Stuck to our guns, said no to the cost. Call from EA late this evening to say buyer will pay.

    Not exchanged yet though, so it's anyone's game!

    Thanks for all you views on this... We have particularly taking note of the passive agressive revenge ideas!!!!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.