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House purchase fallen through

2

Comments

  • silvercar
    silvercar Posts: 49,969 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    As you have not got a buyer for your house, your were takign a bit of a risk in paying out for a survey weren't you? If your sellers got impatient waiting for you to find a buyer you could have lost out in any case?
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • Unless you can proceed with a purchase you are a tyre kicker.I would accept an offer in principle from someone that could not proceed but inform them that I would continue to market the property, then its their call, put up or shut up.
    Most people overlook opportunity as it comes dressed in overalls, and looks like hard work.
  • As you have not got a buyer for your house, your were takign a bit of a risk in paying out for a survey weren't you? If your sellers got impatient waiting for you to find a buyer you could have lost out in any case?

    No, thankfully we were able to proceed with the purchase regardless of the sale of our current house.
  • surfcat wrote:
    this is precisely the reason we should all celebrate when proper rigorous sellers packs are brought in, then each property only gets one set of surveys, paid for by the vendor, rather than loads by potential buyers.

    /QUOTE]

    Unfortunately surfcat the survey bit's been scrapped, but hey, who knows what the government will do next!
  • Why doesn't my 'quote' bit ever appear in a nice, neat box like everyone else's!! What am I doing wrong now?
  • PoorDave
    PoorDave Posts: 952 Forumite
    500 Posts
    marybishop wrote:
    Why doesn't my 'quote' bit ever appear in a nice, neat box like everyone else's!! What am I doing wrong now?

    You'd deleted the first "square bracket" around the [ / QUOTE ]
    Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery
  • leftieM
    leftieM Posts: 2,181 Forumite
    Part of the Furniture Combo Breaker
    There's a button at the top when posting a message to put a box around a quote.

    Anyway to the OP :grouphug:.
    We had it happen to us too and it's so disappointing to have lost so much money for nothing. There's nothing you can do so just put it down to experience and move on.
    Give yourself a bit of time to get over it and then start looking again. You may find something even better.
    Best of luck!
    Stercus accidit
  • Anya
    Anya Posts: 590 Forumite
    surfcat wrote:
    anyway, bit daft buying at the moment, have you never read www.housepricecrash.co.uk

    Unfortunately we do not have the luxury of time. We simply do not have enough room where we are now to accomodate a growing family, otherwise I wouldn't have put myself through all this.
    Accepted offer on our house - Sept 2006
    Offer accepted on house we wanted - October 2006
    Survey completed - November 2006
    Searches completed - January 2007
    Vendor pulls out January 2007 - Aaaagghhh :mad:
    Offer accepted on next house - January 2007
    Survey completed - February 2007
    Searches sent - Febraury 2007
    Exchanged and Completed March 16th 2007!
    Phew!
    Decorating started 5/4/07
    Bathroom ripped out 18/3/07!

    Baby due 23/4/07!
  • Anya
    Anya Posts: 590 Forumite
    Thanks everyone and bigs hugs to you Anya as I know how you are feeling. Having talked with the agent the vendors have agreed to a meeting with the agent on Friday and we now just have to wait and see if there is anything we can do to salvage the deal. We are not prepared to pay through the nose for it though but we would comprimise a little if we are really pushed to do so to save the deal. If the reasons they gave are the only ones for pulling out then maybe we still have a chance, but if not then we are house hunting again. I am getting used to the idea that we have lost the money though I will write them a letter if they do confirm the deal is off, and ask them for a contribution.
    I really hope it works out for you. I have not heard anything back yet from our solicitor but am not holding my breath. Got 3 viewings arranged for the weekend - here we go again!
    Let us know how you get on and I'll keep my fingers crossed for you.
    Accepted offer on our house - Sept 2006
    Offer accepted on house we wanted - October 2006
    Survey completed - November 2006
    Searches completed - January 2007
    Vendor pulls out January 2007 - Aaaagghhh :mad:
    Offer accepted on next house - January 2007
    Survey completed - February 2007
    Searches sent - Febraury 2007
    Exchanged and Completed March 16th 2007!
    Phew!
    Decorating started 5/4/07
    Bathroom ripped out 18/3/07!

    Baby due 23/4/07!
  • Nenen
    Nenen Posts: 2,379 Forumite
    Part of the Furniture Combo Breaker
    any news yet Anya and Supermum?
    “A journey is best measured in friends, not in miles.”
    (Tim Cahill)
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