Is this usual? Buyer wants to do painting/tiling before exchange etc

kwmlondon

Sorry you've had this experience. Your EA works for you, as does your solicitor so you should be comfortable instructing them. I hope your next sale goes better, what area are you in? Maybe someone on MSE can recommend a good agent in your area?

Pinto2013

densol wrote: »

He is probably the buyers mate !! The buyer LIED to you that this was a cash purchase and now its with a mortgage so tight - it needs cosmetic work to proceed ! What a load of crap - tell them both no can do ! Buy or remarket !

I think you're right about them being mates.

The agent said he had seen proof of funds. He now denies it was ever a cash sale BUT I have it in writing from him!! It was one of two cash offers but this one showed proof of funds first (or I thought he had) so gave it to him.

It then became a just small mortgage, then a 50% mortgage and now this scrabbling around.

Thanks for your perception.


The agent was so harrying today that I don't think funds are there to proceed so I'll re-market......

Pinto2013

densol wrote: »

He is probably the buyers mate !! The buyer LIED to you that this was a cash purchase and now its with a mortgage so tight - it needs cosmetic work to proceed ! What a load of crap - tell them both no can do ! Buy or remarket !

I think you're right about them being mates.

The agent said he had seen proof of funds. He now denies it was ever a cash sale BUT I have it in writing from him!! It was one of two cash offers but this one showed proof of funds first (or I thought he had) so gave it to him.

It then became a just small mortgage, then a 50% mortgage and now this scrabbling around.

Thanks for your perception.


The agent was so harrying today that I don't think funds are there to proceed so I'll re-market......

densol_2

Pinto2013 wrote: »

I think you're right about them being mates.

The agent said he had seen proof of funds. He now denies it was ever a cash sale BUT I have it in writing from him!! It was one of two cash offers but this one showed proof of funds first (or I thought he had) so gave it to him.

It then became a just small mortgage, then a 50% mortgage and now this scrabbling around.

Thanks for your perception.


The agent was so harrying today that I don't think funds are there to proceed so I'll re-market......

Reminds me of when I used to go to court. Once in while a young keen defence lawyer would turn up beside himself at the unfairness of proceeding against his client. I used to listen to the rant - then calmly turn round and ask if he was a mate ! The lawyer suitably quashed would scurry away red and embarrassed for his over zealous attempts lol

OP -if these two are mates then has the EA failedto disclose a personal interest ?

Pinto2013

Good question about personal interest.

The buyer is a letting agent (who is building a portfolio of his own properties to let) so they sort of work in the same field I suppose....

It is a smallish town so they would probably have known of each other even if they hadn't met......

This is turning out to be such an unpleasant business.

I am thinking about trying an online marketing site and selling it myself (but using a lawyer to do the conveyancing).

I might make mistakes I suppose but at least I know I would be on my side!

Pinto2013

You mean on line selling?

Why?

Genuine question by the way - you can probably tell I don't know a lot about this buying and selling of property.

Prothet_of_Doom

Errata wrote: »

Probably a wise move, the EA's clearly desperate for the commission.

Edited for accuracy.


If you'd exchanged contracts then maybe, but even then your solicitor would advise NOT until completion.


That said I once parked a car in the drive of the house I was buying, mainly because the engine had exploded and we'd exchanged and I didn't have anywhere to put it.

Pinto2013

Prothet_of_Doom wrote: »

Edited for accuracy.


If you'd exchanged contracts then maybe, but even then your solicitor would advise NOT until completion.


Hmm. That's another worry. My solicitor seems simply to see it as a way of getting extra dosh to draw up another agreement!

Also the 'buyer' is now specifying that he wants to do the work one week before exchange. This AFTER I have catagorically already said no!

Pinto2013

Mylo_The_Moggy wrote: »

No I meant bad idea to let the guy have free run of your house before you've even exchanged contracts let alone completed. Who knows what can of worms this could open.

Thanks.

Alas, neither my estate agent nor my solicitor seem to see it as a problem! My solicitor isn't actually advising me against it at all.

Yet EVERYONE else I have talked to sees huge pitfalls of many different kinds.

I think maybe they are both (agent and lawyer) going to get the sack.

I am having the lock changed asap and getting someone near the flat to do a quick inspection to make sure all is ok.

I have instructed the solicitor to stop activity re everything to do with this sale.

Phew - what a day.

Thanks all.

Thrugelmir

Pinto2013 wrote: »

My solicitor isn't actually advising me against it at all.

It's not what you are employing them to do.