estate agent won't pass on our offer

jellie

ellebk wrote: »

Me and my boyfriend want to put an offer on a house but they have said that we can't until my property has an accepted offer on it.

Surely at this point, you tell them this ......

ellebk wrote: »

Actually I have a mortgage offer, and cash for the deposit. I am choosing to sell my existing property but I don't need to.

ellebk

I have told them, they still won't pass on the offer.
And in answer to those saying I should have given all my financial details, my question actually was just about whether they are obliged to pass on my offer. anselld managed to give me a useful answer without asking me for more info so thank you anselld.

Thrugelmir

You have an AIP not a mortgage offer. Is the lender aware of the other property and the fact you intend to retain it presumably to rent? Is your existing lender agreeable to your plans and willing to grant a BTL mortgage?

GwylimT

Thrugelmir wrote: »

You have an AIP not a mortgage offer. Is the lender aware of the other property and the fact you intend to retain it presumably to rent? Is your existing lender agreeable to your plans and willing to grant a BTL mortgage?

The OP has stated that they are selling the property.

Chyna81

ellebk wrote: »

I have told them, they still won't pass on the offer.
And in answer to those saying I should have given all my financial details, my question actually was just about whether they are obliged to pass on my offer. anselld managed to give me a useful answer without asking me for more info so thank you anselld.

People are always assuming things on this website when sometimes it is just not necessary to explain all. :rotfl:

Marvel1

ellebk wrote: »

Me and my boyfriend want to put an offer on a house but they have said that we can't until my property has an accepted offer on it. Can they do that? It's made us consider saying that I've accepted an offer when I haven't just so we don't lose the house.......

ellebk wrote: »

Actually I have a mortgage offer, and cash for the deposit. I am choosing to sell my existing property but I don't need to.

But you couldn't just explain this to the Estate Agent.

tlc678910

In light of the estate agents knowing you can proceed and not passing on your offer, if the house is occupied by the owner I would knock on the door and make them an offer. I would also be suggesting to the sellers that if they accept they may want to refuse the agents commission as they are obstructing selling their house.

25 years ago my mum wanted to buy what is now her house. The estate agent told her to come back when she had sold her house. My mum knocked on the door and they actually ended up "swapping" houses as the vendor was downsizing.

The agents knew nothing about it. When they phoned the seller (at the house) and my mum answered she told them she had already bought the house. When they asked where the vendor was (wanting their commission of course) she said she had no idea!

eddddy

Hi ellebk

What you are saying doesn't really add up. EAs make their money by selling houses - so it's not usually in their interests not to pass on 'real' offers (as well as illegal).

Just in case there has been a misunderstanding, explain to the EA that the purchase is not dependent on selling your existing property - and restate your offer. Perhaps do it in an email - they are more likely to take it seriously if there is an electronic paper trail.

(The vendor's solicitor will ask your solicitor to confirm that the purchase is not dependent on a sale. So you will start digging yourself quite a big hole, if you tell fibs about this.)


Finally, I may be wrong but it sounds like you may be being a little too 'stand-offish' with the EA. However much you might dislike the EA, if your offer is accepted you're going to have to deal with the EA on a fairly regular basis. So it's best not to make them an enemy.

DRP

ellebk wrote: »

How do you know I don't have the money? Actually I have a mortgage offer, and cash for the deposit. I am choosing to sell my existing property but I don't need to. The EA has never asked me where my deposit is coming from, has just insisted that they can't put forward an offer until I have an accepted offer. Thanks to some of you for the useful info, but not so much to those of you that have made the same assumptions as the EA.........

If you are intending to buy the house with the proceeds of a sale that hasn't happened yet then you don't have the money....

You either have to wait til you get a suitable offer on your place, or tell them that you are paying cash. However, that is sure to !!!! the vendors right off if you switch from no-chain to chain after they've accepted your offer.

quantic

I think this is a bit of a grey area because our buyers hadn't sold but they decided to rent their house out so had our estate agent took this approach we wouldn't have sold.