We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Chain Free advertised now the seller has found a house??
emma-chan
Posts: 5 Forumite
Hello all,
I've had a browse of the forum and can't find advice on this anywhere so i thought i'd ask.
Have offered on a property in June advertised with no onward chain. All wel and good. The legal side of things took longer than we would have liked (for a variety of reasons) and now the sellers "situation" has changed so they've found a property they want to move into (rather than moving in with a family member as stated when we viewed the house).
Now the exchange is being delayed because they want to exchange on their property according to my soliciter.
Question is, what can I do about this? i'm sure this is some sort of false advertising, but my soliciter has been useless as i've mentioned that the advert has said chain free a number of times!
I've had a browse of the forum and can't find advice on this anywhere so i thought i'd ask.
Have offered on a property in June advertised with no onward chain. All wel and good. The legal side of things took longer than we would have liked (for a variety of reasons) and now the sellers "situation" has changed so they've found a property they want to move into (rather than moving in with a family member as stated when we viewed the house).
Now the exchange is being delayed because they want to exchange on their property according to my soliciter.
Question is, what can I do about this? i'm sure this is some sort of false advertising, but my soliciter has been useless as i've mentioned that the advert has said chain free a number of times!
0
Comments
-
Continue with the purchase, attempt to renegotiate the price, or pull out.
Vendors and purchasers change their minds on a regular basis, I'm afraid.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Nothing you can do except either withdraw, or continue.0
-
Me and my partner were in a similar position a few weeks ago. We were promised the vendor would break the chain as they wanted to buy somewhere very specific and we had a tight deadline due to a pregnancy.
Long story short they hadn't even checked their mortgage position prior to putting it on the market and we were looking at a three month wait for their fixed term mortgage to end. They only told us after we had the survey done, possibly expecting us not to walk away now we had spent money. But me and my partner are stubborn and don't like being lied to so we pulled out and found somewhere else.
If all depends on how much you like the house and whether you think they were doing it deliberately.0 -
Unfortunately this is becoming more common now to claim as no-chain and only to be told that the seller is looking elsewhere much later into the buying process.
But at the same time I do not think the offered price will change for a no-chain situation and hence does not merit a decreased offer when a chain is discovered.
The only option seems to be you could pull out losing the expenses paid so far. You might teach a lesson but for whose benefit?0 -
same here , you suck it up , or get angry and pull out , no other choicesNever, under any circumstances, take a sleeping pill and a laxative on the same night.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.9K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.1K Spending & Discounts
- 244.9K Work, Benefits & Business
- 600.5K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards