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Vendor pulled out - getting back costs?
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Mrstickle
Posts: 53 Forumite
Hi,
I'm wondering if anyone has successfully managed to retrieve costs from a vendor after they pulled out of a house sale?
We have spent around 1k so far on survey and searches, and we were called on Monday to say the house has been taken off the market with no further explanation.
It doesn't make sense. We are chain free FTB and ready to go, and it is vacant possession.
The house is owned by an elderly lady in a home with dementia. Her daughter has power of attorney and is the one who has pulled the sale. However, all our dealings have been with the son. I'm wondering if we have a claim against the son if he accepted a price and let us encur costs if he wasnt legally able to agree to it?
They are all refusing to take our calls, and calls from the EA who are also pretty angry as they had found a ready and willing buyer and will now not get a fee.
The house had been on the market many months so it is not like there were buyers queuing up. If the issue was price, surely they would've been sensible to ask us to renegotiate so we are flummoxed. But we genuinely don't know as they won't talk to us :mad:
Anyway, back to my original question, anyone ever get costs from back from a vendor who has pulled out?
The estate agent is going to write to them to ask on both our behalfs. Solicitor says legally they don't have to, but morally it is worth asking. We are devastated but moving on, with a mortgage approved we have booked further viewings for later in the week as we think this property is now sadly irretrievably lost.
I'm wondering if anyone has successfully managed to retrieve costs from a vendor after they pulled out of a house sale?
We have spent around 1k so far on survey and searches, and we were called on Monday to say the house has been taken off the market with no further explanation.
It doesn't make sense. We are chain free FTB and ready to go, and it is vacant possession.
The house is owned by an elderly lady in a home with dementia. Her daughter has power of attorney and is the one who has pulled the sale. However, all our dealings have been with the son. I'm wondering if we have a claim against the son if he accepted a price and let us encur costs if he wasnt legally able to agree to it?
They are all refusing to take our calls, and calls from the EA who are also pretty angry as they had found a ready and willing buyer and will now not get a fee.
The house had been on the market many months so it is not like there were buyers queuing up. If the issue was price, surely they would've been sensible to ask us to renegotiate so we are flummoxed. But we genuinely don't know as they won't talk to us :mad:
Anyway, back to my original question, anyone ever get costs from back from a vendor who has pulled out?
The estate agent is going to write to them to ask on both our behalfs. Solicitor says legally they don't have to, but morally it is worth asking. We are devastated but moving on, with a mortgage approved we have booked further viewings for later in the week as we think this property is now sadly irretrievably lost.
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Comments
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If you hadn't exchanged contacts then all of your expenses were speculative.0
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If you have not exchanged yet then unfortunately you can not recover the cost.0
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No, we had not exchanged. I understand legally they are not obliged, I am wondering though as I explained if the person who agreed he sale wasn't legally appropriate to do so, if we have a case against him?0
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A very screwed up system but I suppose I knew it was a risk, just very gutting to have our worst fear confirmed!
Another question for our next attempted purchase, has anyone use the home purchase insurance to protect against situations as above?0 -
No, we had not exchanged. I understand legally they are not obliged, I am wondering though as I explained if the person who agreed he sale wasn't legally appropriate to do so, if we have a case against him?
You were just told twice. Why do you think any further answers will be different? You have lost money. Get over it and move on.0 -
Sadly no, you can't claim anything. This has happened to is twice! It's te way it is. Sorry!0
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Maybe they thought the lady resident was getting worse and it would be too stressful to move her so would rather let her die in familiar surroundings?0
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There could be so many reasons, family moving in, able to get a better price etc,etc,etc. But sadly it does not alter the fact that you cannot get anything back, this is the joy of buying in England.
You may consider yourself a perfect buyer but that actually doesn't matter if they do not want to sell!0 -
It never ceases to amaze me that you put up with such a dire system of buying and selling houses in England.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »It never ceases to amaze me that you put up with such a dire system of buying and selling houses in England.
Do we have a choice?0
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