Move from hell, purchasers failed to complete HELP!

Crashy_Time

Randomjargon wrote: »

Go and brick the windows in

Admittedly not the best advice.

No, they wouldn`t be able to see out if you did that.

Crashy_Time

BeansOnToast wrote: »

There's one here with a price drop of 275k only a month after first listing

http://www.zoopla.co.uk/for-sale/details/35464991#CVpICyPM2G1X3Or8.97

But there is a story behind it

http://www.gloucestershireecho.co.uk/Revealed-Connors-family-tried-avoid-police-forced/story-22920738-detail/story.html

This is the one I am on about.

http://www.rightmove...y-48156296.html

15/01/2015 Price changed: from '£775,000' to '£700,000'
04/12/2014 Price changed: from '£825,000' to '£775,000'
08/11/2014 Price changed: from '£885,000' to '£825,000'
16/10/2014 Price changed: from '£925,000' to '£885,000'
12/09/2014 Initial entry found.


Accurate figures?

stator

Crashy_Time wrote: »

This is the one I am on about.

http://www.rightmove...y-48156296.html

15/01/2015 Price changed: from '£775,000' to '£700,000'
04/12/2014 Price changed: from '£825,000' to '£775,000'
08/11/2014 Price changed: from '£885,000' to '£825,000'
16/10/2014 Price changed: from '£925,000' to '£885,000'
12/09/2014 Initial entry found.


Accurate figures?

Not unusual for people who have renovated to get inflated ideas about the value of their property. The closest comparable sale on that street was lower than their current asking price still
http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=45271868&sale=52153733&country=england

moneyistooshorttomention

Is confused <scratch head smilie> as to why HousePriceCrash posts are here on this thread....

Will sit back and await OP coming back to us about the actual subject matter of this thread and tell us how things are going re getting his due compensation for this.

Crashy_Time

stator wrote: »

Not unusual for people who have renovated to get inflated ideas about the value of their property. The closest comparable sale on that street was lower than their current asking price still
http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=45271868&sale=52153733&country=england

75k lower. Interesting.

Crashy_Time

Jhoney wrote: »

@ dktreesea

You seem to be arguing against what IS in the contract -
" 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"

And arguing in favour of what isn't in it?

"Why should the vendor waive the penalty element? His buyer has failed to complete. The remainder of the chain is not his concern. "

Shouldn`t the vendor be aware of how his buyer is trying to raise the money for purchase?

Jhoney_2

Crashy_Time wrote: »

Shouldn`t the vendor be aware of how his buyer is trying to raise the money for purchase?

Erm... that wasn't a quote from me. I was quoting someone else. I'm sure they'll be along to discuss that and the crash with you shortly.

Crashy_Time

Jhoney wrote: »

Erm... that wasn't a quote from me. I was quoting someone else. I'm sure they'll be along to discuss that and the crash with you shortly.

Yes, that glitch in the quote function crops up all over these boards, very annoying and makes it difficult to maintain a debate.

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Yes, that glitch in the quote function crops up all over these boards, very annoying and makes it difficult to maintain a debate.

Nah, It's because you're incapable of clicking 1 button correctly. :money:

dktreesea

hcb42 wrote: »

Surely that is a chain? In fact it is exactly same as most of my 4 purchases in England and 3 in Scotland

But is it a chain? The buyer of my home has no contractual relationship with the person who is selling me their home. The fact that I want to coordinate my sale and purchase should not be either to the detriment of my buyer or the person selling to me. If, for whatever reason, I can't pull the coordination off, surely I should therefore compensate whomever is left out of pocket by my failure to complete the contract?


Just because I'm a party to both contracts doesn't mean my buyer or seller are contractually involved with each other.


If my buyer delays, then I'm still in a position to complete my own purchase, provided I have arranged bridging finance, just to be drawn down in the unlikely event I would need it.


If my seller delays, I can still go ahead with my own sale, put my belongings into temporary storage, make temporary arrangements for other lodgings, and, when the seller finally settles, pay what he is owed less my expenses due to his delay.