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How long would you wait?

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Comments

  • Tancred
    Tancred Posts: 1,424 Forumite
    CrazyAngel wrote: »
    So, we have had an offer accepted on a property, but the vendors havent found anywhere that they want to purchase. We have waited three weeks so far, but we arent in any particular rush due to being chain free, etc.

    However, at what stage would you either start pushing for some progress, or start looking at other properties?

    It can take months - be prepared. If you pull out you risk losing out on what might be your best deal and in the meantime house prices will have risen. As for looking at other properties you are always free to do so, but then you would start the process all over again - unless you find a 'no chain' one.
  • CrazyAngel_3
    CrazyAngel_3 Posts: 106 Forumite
    Hmm, its all very worrying... 4 weeks and the vendors have still made no progress and say they have exhaused the market. I certainly dont want to be in this position another 4 weeks from now. I think we will keep looking at other properties and hope in the meantime that the vendors find somewhere they want to buy.
  • CrazyAngel_3
    CrazyAngel_3 Posts: 106 Forumite
    6 weeks and still no progress. The vendors still wont allow our survey to be carried out so they clearly aren't committed to selling the house. Time to start looking at other properties :-(
  • desthemoaner
    desthemoaner Posts: 328 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Sounds like you've been dealing with time wasters who don't deserve your level of patience.
    We're about to put our house on the market, and if we sell quickly before we've found something else I'm prepared to move out and rent rather than lose a sale. OK, renting can be expensive and it means moving twice, but measure that against losing a sale in a stagnant market and there's no competition.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CrazyAngel wrote: »
    . The vendors still wont allow our survey to be carried out so they clearly aren't committed to selling the house. (

    Or are kind enough not to let you waste money. The survey is a small part of the entire process.

    Are you continuing to look?
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