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.
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 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!

Move from hell, purchasers failed to complete HELP!

Options
1161719212230

Comments

  • gazter
    gazter Posts: 931 Forumite
    Tenth Anniversary Combo Breaker
    Megamonty wrote: »
    We completed on out Sale at about 10.30am. We were already to leave anyway as we had so few bits there and was packed up yet again, but it was almost a daily event so I never really knew what would happen. This time felt even more risky as we had no home to go back to. The cats were in the car screaming and panting and really stressing, I asked our vendor that if we did not complete by 1pm would he just meet us at the property and let them go in a room without us unpacking. I even offered to pay him to do it as he is literally up the road, he flat refused. At 1pm I was in the estate agent and we had still not completed. He said "it will definitely go today, but now it is lunch don't worry". I called my wife and she was really agitated and upset, the cats were almost at the point of needing sedation, one is 21, one 17, so we decided to try the vets as another hour for them was to long. As I literally got in the car and drove off at 1pm to go to the vets with my wife the phone rang, and we had completed. Honestly I was convinced by 1pm that for some profound reason we would be homeless by the end of the day. I know that reading this you would think "don't be so stupid" but honestly if it could go wrong with this move it went wrong. I was an emotional wreck sticking the keys in the door as we took the cats in.

    This is what we had to pay extra today to complete.

    1. Mortgage interest on our loan, as redemption was delayed, also I think new telegraphic charges this amounted to about £350.
    2. We also had to make a card payment for our vendors breech of contract costs as he wanted them before completion, not exactly sure the total amount off hand, but it was interest at bank base rate + 4% as well as buildings insurance reinstatement costs and Legal fees. I just said to the Solicitor "you have authority on my card for whatever you need to complete just take it".

    This is some of the other costs

    3 X removals costs
    Food, clothes, tooth paste, sundries etc.
    Kettle, hair dryer, and other stuff like that.

    I have agreed with my buyers that I will put a claim in for all the damages passed to us and including ours to them. BUT we will wait for payment until they get paid. The guy at the bottom clearly is not the most reliable financially, and I don't have the heart to let them move in and hit them for these snow balling costs as they come down the chain. Like us after all they have been victims here of their buyer and also endured the suffering and misery that goes with it.

    The house seems great, but being frank as soon as the cats settle it will start to feel like home, until then I am very pleased this moving chapter of our lives is over. It has been the move from hell, truly, definitely, and unquestionably made 50X more stressful because of the !!!! poor planning at the bottom.

    I don't understand why the Solicitor never made sure the funds were in place and they had the money to buy the place?, I will be complaining to the law society in due course. Especially as they have some kind of conveyancing award lol.

    As for the buyer at the bottom.. still chewing over the name and shame thing. The pain and misery caused have been of epic proportions. Did he know? was it the solicitors fault?.. many questions will be rattling around in my head tonight as I reflect on this ordeal.

    One thing for sure is I WILL NEVER MOVE AGAIN.. and don't take it for granted that you will definitely complete as you are happily loading your belongings into a van.

    I have no idea how a first time buyer would have coped with all these extra costs being poured on them. I was fortunate that I could pay them all to get completed. Massive thanks to our removal company, our estate agents, and especially to our Solicitor. I will be buying him a very stiff bottle of something :) .

    Make sure the person you bought from gets no cooperation on anything in anyway. Burn every single letter they get coming to their old address.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    gazter wrote: »
    Make sure the person you bought from gets no cooperation on anything in anyway. Burn every single letter they get coming to their old address.


    I think that is illegal. Not being able to come up with the money for a house isn`t, is it?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    tkane wrote: »
    (Text removed by MSE Forum Team)

    Your lot have been consistently wrong for 10 years and now with crashing inflation and rising employment/wages you still think the market is gonna correct.

    It's ok to hold that opinion, for we live in a free world. But it is not ok to ridicule anyone that disagrees with you and wish total misery on them. Worst part is that your admins ban anyone who questions the HPC mantra so you have been lulled into having a false sense of confidence in your opinion.

    Now if Damik would also care to quote me I would be glad to tell him how much of an illiterate AND delusional !!!! he is. £15k off a 500k 1 bed flat in Streatham oohhhhh woooopppeeedooo 2015 crash is on lets create a thread and sing about it with a thousand emotions wub.pngwub.pngwub.pngwub.pngwub.pngwub.pngwub.pngwub.png


    Interesting comment, needs a thread of it`s own really?
  • rosie383
    rosie383 Posts: 4,981 Forumite
    gazter wrote: »
    Make sure the person you bought from gets no cooperation on anything in anyway. Burn every single letter they get coming to their old address.

    The person he bought from had nothing to do with the problems. That would be purely vindictive and morally wrong.

    Megamonty I am so glad for you and your wife and the cats that you got there in the end. I hope the cats settle soon and you can enjoy living in the our new home.
    Father Ted: Now concentrate this time, Dougal. These
    (he points to some plastic cows on the table) are very small; those (pointing at some cows out of the window) are far away...
    :D:D:D
  • gazter wrote: »
    Make sure the person you bought from gets no cooperation on anything in anyway. Burn every single letter they get coming to their old address.

    I don't think OP can lay any blame on them, though they weren't exactly spectacularly helpful in the event shall we say?

    OP might be breaking some law or other if he just disposed of their post, though of course he'd be perfectly free to just drop it back into the nearest postbox with "Return to Sender" written on it.

    ***************

    Anyway, congratulations on at last getting into that house. Hope it doesn't take long to get back the money you are owed in this "game of cards" (ie knock one card over and they all fall where they will) that you inadvertently got hauled into.

    Do come back and let us know how things pan out re getting your due compensation.

    Best wishes that you will be happy in your new home and this hasn't soured things for you.
  • colmac71
    colmac71 Posts: 119 Forumite
    edited 15 January 2015 at 9:40AM
    I've been watching this thread as it progresses and it's been a huge roller coaster of events and emotions.

    I'm just glad that finally you have got the house and you can now focus on making it a home.

    Best wishes for the future
  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    dktreesea wrote: »
    I find it amazing in Britain that someone who is trying to buy or sell a house has to be concerned about the actions of someone who could potentially be 5 or 6 sales away from themselves. Someone neither they, nor their buyer, much less the person selling to them, has any contractual relationship with.



    This chain phenomenon isn't a UK wide thing. It doesn't happen in Scotland as we have a different process of buying and selling properties. Although some estate agents clearly watch too much Location Location Location and say things like "That's great, you're chain free." Of course I bloody well am I in Scotland!

    I'm glad you got moved in the end OP even if it's cost you more and took longer than you thought it would or should.
  • Have been checking in on this thread since it came on and I am so pleased the OP managed to get sorted in the end. It has made me up my research into such things, I am a first time buyer hoping to buy a new build. The information I have read in this thread will go some way to help me understand what can happen when things go drastically wrong. Well done
  • This is an interesting thread to follow. The OP has been left severely out of pocket by the person at the bottom of the chain, from whom they will now seek recompense.

    Can you keep us all informed as to the outcome of this claim? This is a real world test of a scenario I think we all fear an it will be interesting to see if the idiot at the bottom has the finance to reimburse and what happens if they don't.

    Edit: Congratulations on your new home BTW!
  • Right now...here's hoping the cats are doing what cats do best, ie draped over or near the warmest spot in the house they can find sleeping off their last meal:)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.6K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.6K Work, Benefits & Business
  • 598.4K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 256.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.