should be exchanging today but..

angelface

the solicitor has phoned with two problems.

Firstly, the seller absolutely CANNOT move on ANY date apart from the one she chose. With a new job starting and various transport issues etc I too am now going to have difficulty moving on her date. She has been the most inflexible, rude, hysterical, volatile person I've ever had the mispleasure to meet during this time and I just need TO RANT (although I like her house very much!). Constantly threatening to pull out - so its not worth fighting over the date. I just need to try and pull some strings and move on her preferred date. (And hope that the minute she moves in the roof falls off of her new property).

the thing that is really bothering me is when the solicitor phoned he said that there may be some 'problem with the fact that I've only paid 5% deposit'. I don't understand why thats a problem. Surely my deposit doesn't affect the property price? Why am I only being told on the day we're exchanging? I've never bought before and this has been so stressful, this is just the last straw, I've tried so hard to be accommodating. Can somebody help me understand what this might mean please?

Melissa177

Does she want to sell the house or doesn't she? Sounds like she's cutting off her nose to spite her face. If you weren't so keen on her property, she could be in danger of losing the sale - and then she definitely wouldn't be moving on her "must have" date.

Call your solicitor and ask why he is saying that there may be a problem with 5% deposit. He is acting for you, and you are paying him, so he should explain this.

If it is her solicitor who is saying that there is a problem with the 5% deposit (I expect your solicitor relayed this information if so), then ask your solicitor to find out why.

I tend to find that acting really calm - even if you don't feel like it! - in these circumstances will help calm the vendor down. Try to find out what the root cause of her hysteria is - maybe her purchase has issues? Are you in a long chain?

Good luck in finding out this information!

Mrs_Arkwright

I'm supposed to be exchanging today too - but lo and behold my solicitor and estate agent have both vanished off the face of the earth.

barnaby-bear

[QUOTE=angelface;4552449the_thing_that_is_really_bothering_me_is_when_the_solicitor_phoned_he_said_that_there_may_be_some_'problem_with_the_fact_that_I've_only_paid_5%_deposit'.__I_don't_understand_why_thats_a_problem.__Surely_my_deposit_doesn't_affect_the_property_price?__[/QUOTE]

Usually deposit is 10% and forfitted if pull out so if that happens they'd have hassle of chasing you for the rest, but more likely the deposit goes up chain so if you are buying 100k house and put down 10k that gets passed on to your seller who maybe buying a 200k house, they'd need to produce 10k to add to yours to get their 20k but if you've only given them 5k they need to find 15k, and their vendor may not accept less than 10%

angelface

My solicitor has since said ‘ it should be OK’ – very reassuring. They’ve been very good but he is a bit arrogant and just doesn’t see why he should be chasing anyone for me. I’m like a terrier, the only way I can get him to do something is by bugging him enough to contact the other solicitor. He gave him some kind of release thingy before lunch and hasn’t been back to him since – even though he can’t exchange contracts after 4pm as he’s meeting clients!

This seller has been horrible - even though I am well aware that its stressful, and that she is buying and selling so has double the stress of me, she’s still been a totally hysterical, nasty diva, the least flexible person I have ever had to do business with. I’ll consider it a price to pay just to get into the flat but am a bit disappointed that will be trying to juggle so much on that weekend.

We are in a chain of 3. I don’t think we’ll be exchanging today to be honest. Its like watching a snail race.

What happens after exchange? If you set a completion date is that supposed to be it? As this lady has already mentioned she would like to move on the day after we complete and I have said no. Can I do anything if she’s still there when we’ve set a date?

angelface

barnaby-bear wrote: »

Usually deposit is 10% and forfitted if pull out so if that happens they'd have hassle of chasing you for the rest, but more likely the deposit goes up chain so if you are buying 100k house and put down 10k that gets passed on to your seller who maybe buying a 200k house, they'd need to produce 10k to add to yours to get their 20k but if you've only given them 5k they need to find 15k, and their vendor may not accept less than 10%

Ahh, I kind of get it. Is it normal to only find this out on the day you are exchanging? I definitely can't get any more money, this is all my savings - so what would happen - the whole chain could break and we'd all have wasted our cash? *panics slightly*

Melissa177

Once you've completed, the property is yours. She is occupying it illegally.

Tell her to sod off! Maybe time for you and your solicitor to play hardball. Tell her that the deal is off otherwise. That will scare her into stopping being hysterical...

I've just bought a flat off a dead man. Much easier...

angelface

I bet it was. I bet he didn't burst into tears and scream everytime you tried to mention a date that might be better. Or hurl abuse at the EA.

so when you pick the keys up is it supposed to be in the morning.

Melissa177

You can have the keys at whatever time the contract states that you are due to complete. Mine said 2pm, as an example. It should state it on the contract, at whatever time the parties have agreed.

Good luck!

You have one emotional vendor. You have much greater patience that I would have in your shoes!

angelface

Well my boyfriends patience has come to an end. He says she's been so obnoxious that its actually starting to affect whether he wants to live in her house and that if we haven't completed by Monday then its all off and we are pulling out. I've found out that one of the reasons it didn't go through today is because her solicitor couldn't get through to her on any of her phones to agree the release to sign the contract (or something). So all that haggling over the 30th, knowing we were supposed to complete today and she can't even be bothered to contact the solicitor or await his call.

I feel quite despairing to be honest, I've got a bad feeling that this isn't going to go through.

Doozergirl

I'd be mightily peeved also and I'd be angry enough to start forcing things to go my way for a change! So now she's got you that angry, if you want to force her to exchange by telling her you will pull out, then do so.

It will probably end up working, but don't ever say something without meaning it as people cry wolf all the time and it just makes them look silly. Let the EA deal with her hystrionics.