Need our vendors to break the chain

Dan-Dan

Hi

We are ready to exchange , as is our buyer , our vendor when we offered promised that if they couldnt tie in their ongoing purchase , they would move into family to ensure the sale completed in August

They are relocating and their little one is booked into the school 100 miles from here

Now it`s come to thr crunch and it appears they are having some stumbling blocks on their purchase , they say they have asked 9 questions and expect the answers today , and the searches should be happening this week (this is what worrys me , that`s a 2 week process at best , and could raise further questions!)

I have it in writing , his reassurance they would break the chain , but in reality , i wonder now , if our transaction is teetering on the brink , and we have spent 3 months waiting with the prospect they either wont break the chain as it doesnt suit them , or their purchase falls through


I know these are all hypothetical and i KNOW vendor promising to move to "any one of 3 sets of relatives" was onyl even a tool to get us to offer

How would you approach this?

DaftyDuck

You can't really put much pressure on the vendor to speed up, as it's his vendor holding things up... you can try to find out his best intentions, however. Your best guide is that their child is going to a school 100 miles away. Now, I've never been infected by children, and neither has my wife, but I understand that they are quite popular with their host. From my extensive knowledge, term-time starts sometime in September, and they'll want to know where they stand before that. Ideally, outside the sprog's school gate, and not starting to house-hunt again!

You could try the "we would find it more difficult to exchange between X and Y, as we will be on holiday in the Seychelles, and our yacht may not have mobile reception" tactic... but I wouldn't. You do actually want to exchange a.s.a.p.

I think, given the details I know, I'd simply take recourse in more take-aways and cheap beer. It does sound more like they are keen to sell to you & move, but real obstacles might have cropped up.

Dan-Dan

But there is the chance , there house could fall through once search results are in , and we could be 4 months into the process and well and truly up the creek...

What i guess i`m asking , is whats the point of saying you would move into family to keep a sale and then not preparing to do it , because it`s obvious now , we wont be exchanging any time soon and its now , when we would expect them to make that plan..

quidsy

Have you asked them what they intend to do & reminded them that they promised to move out regardless?

Dan-Dan

Yes, by email , just now , i await their reply!

TeamLowe

are any of their three relatives near the new school do you know? If so it'd make it more likely that they'll move in with them to be close to the school for the start of term..

(BTW this is one of those threads where you worry that it's being posted by your vendor! just googled the distance between where we're buying and where we believe the top of the chain are moving to but that's only 26miles...lol)

Dan-Dan

Ha ha yeah i know what you mean , my vendors are nice people but i know , we all look out for ourselves!

There whole family is in the area they are moving to , apparently , my worry is , if you knew at this point that you wouldnt complete by end of August , you would start the plans as promised

It`s a sickener that there isnt any light at the end of the tunnel after all this time (unless of course they say later they will exchange tomorrow and move to family!)

ognum

Oh Dan Dan
I have felt the pain of your whole house sale and purchase and had hoped things would be getting better!
There is a massive difference between moving to a relatives for two weeks until you move in compared with having to move for several months. It is obvious they want to minimise their discomfort and storage costs etc, most of us would do the same.
Honestly, I don't think you will be moving soon but I really hope you do. Good luck.

witchy1066

ognum wrote: »

Oh Dan Dan
I have felt the pain of your whole house sale and purchase and had hoped things would be getting better!
There is a massive difference between moving to a relatives for two weeks until you move in compared with having to move for several months. It is obvious they want to minimise their discomfort and storage costs etc, most of us would do the same.
Honestly, I don't think you will be moving soon but I really hope you do. Good luck.

same here , hope it all goes well for you and your OH xx

pimento

Most schools won't guarantee a place until you exchange contracts. I know this because we moved into a different area and I was tearing my hair out about the school for our son and the school wouldn't hold the place until we had exchanged contracts. Until then, we didn't live in the catchment.

Dan-Dan

ognum wrote: »

Oh Dan Dan
I have felt the pain of your whole house sale and purchase and had hoped things would be getting better!
There is a massive difference between moving to a relatives for two weeks until you move in compared with having to move for several months. It is obvious they want to minimise their discomfort and storage costs etc, most of us would do the same.
Honestly, I don't think you will be moving soon but I really hope you do. Good luck.

Hi Ognum , thanks for your thoughts , much appreciated

To be honest , searches take a couple of weeks , they have had their survey back , they are receiving query answers today , so only the results of the searches are the unknown

If we exchange this week , completion 29th , then there may even be a chance they would only be in family for a week or two anyway!