Do we give ultimatum on house purchase?

AdrianC

Rowenajd wrote: »

But then I'd have to pay rent and a mortgage.

Yes, for a few months. Compare the cost and hassle of <say> three months rent for a place you're not using to the cost and hassle of trying to tie everything together in a chain. You even get the luxury of decorating and doing any jobs without having to step around boxes of stuff, and moving at your own pace.

And another house may not come up that we like.

Then at least you aren't living with your brother for all that time.

happyandcontented

I am afraid she holds all the cards then as you cant afford to look elsewhere.

King_Slayer

I think you need to explain the situation to your brother and come to some sort of arrangement. If he is willing to accommodate you a bit longer, this will save you in the long run, even if it means contributing a bit more (as long as it doesn't outweigh the cost of renting).

Hoploz

Maybe your brother would prefer you to put him up in a local travelodge while your family take over his house for a couple more weeks?

Kynthia

Unfortunately you took a risk breaking the chain and selling before your purchase went through. You seem to think that because you were willing to do this when your buyer issued an ultimatum that your seller will do the same. Unfortunately it appears that she isn't and either she doesn't believe you will pull out or is prepared to find a new buyer if you do.


Maybe speak to some local letting agents to see if there are any short term rentals around, unlikely but you never know. Perhaps book some cheap nights/weeks at local hotels for you to give your brother a breather (call them as they may give a better deal for a whole week). See if any holiday rentals are still free the week before and find out if they'll do you a deal. Or find a cheap rental for 6 months, as if you aren't going to stay there long you can lower your standards on size, condition and location.

Rowenajd

She has just got back to me saying that they are aiming to complete on their purchase on the 26th also but still didn't commit to the date with a yes or no. May happen on the 26th but on the other hand may be many more weeks after that or could even fall through like her previous purchase!

ognum

Rowenajd wrote: »

She has just got back to me saying that they are aiming to complete on their purchase on the 26th also but still didn't commit to the date with a yes or no. May happen on the 26th but on the other hand may be many more weeks after that or could even fall through like her previous purchase!

The problem is she can't give you a definite date because she doesn't know.

There could be conveyancing problems, it could fall through, the seller may refuse to move, these are all things beyond her control.

I think you need to be realistic, she is not going to move out before her sale is complete, you have no other properties to move your purchase to so you are either stuck with your brother or need a short term rental.