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Exchange date fish story

tellme_why
Posts: 57 Forumite

Hello Forum,
Weeks ago I viewed a property.
I informed the Estate Agent that I wanted a quick completion and I would not buy a property in a chain.
The Estate Agent said that the seller wanted to buy a new property but was available to move at his son's place in the interim if I put a good offer, which I did.
We agreed for a price (in writing) and for a completion date (verbally).
I have now processed all the solicitor bits my side, mortgage, structural survey etc. and ready to exchange and the completion date is expired one week ago.
I called the Estate Agent in numerous occasion and any time he has new stories to justify delays of the sell. These include: Son move out the area so no chance the seller moving in temporarily, the seller's partner now wanted to sell her place to buy the new place together so a triple chain being in place, the new place having trouble to get planning permissions etc.
So far the Estate Agent has not committed to any date.
I feel like a fool for trusting the agent on the seller's position in first place and I am frustrated in being told a pile of excuses and no commitment on a exchange date.
Despite having spent quite a lot of money on the buy I am close to pull out because I do not want to deal with people making up stories.
I would be happy to get your thoughts / opinion on what you would do in similar situation..
Many thanks
Weeks ago I viewed a property.
I informed the Estate Agent that I wanted a quick completion and I would not buy a property in a chain.
The Estate Agent said that the seller wanted to buy a new property but was available to move at his son's place in the interim if I put a good offer, which I did.
We agreed for a price (in writing) and for a completion date (verbally).
I have now processed all the solicitor bits my side, mortgage, structural survey etc. and ready to exchange and the completion date is expired one week ago.
I called the Estate Agent in numerous occasion and any time he has new stories to justify delays of the sell. These include: Son move out the area so no chance the seller moving in temporarily, the seller's partner now wanted to sell her place to buy the new place together so a triple chain being in place, the new place having trouble to get planning permissions etc.
So far the Estate Agent has not committed to any date.
I feel like a fool for trusting the agent on the seller's position in first place and I am frustrated in being told a pile of excuses and no commitment on a exchange date.
Despite having spent quite a lot of money on the buy I am close to pull out because I do not want to deal with people making up stories.
I would be happy to get your thoughts / opinion on what you would do in similar situation..
Many thanks
0
Comments
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I think you're being taken for a ride.
As to what you do depends on how much you want the house and how much you're prepared to lose0 -
gettingtheresometime wrote: »I think you're being taken for a ride.
As to what you do depends on how much you want the house and how much you're prepared to lose
Exactly this, we're in the same sort of position and face 2 options and 2 options only.
Pull out only to lose a thousand quid already spent and start the process again.....or wait. We are unfortunately having to pick the lesser of two evils and wait.0 -
I'm still looking for the fish. Are the sellers including a fishpond or aquarium in the sale...?
As for your dilmma: welcome to property buying. It always takes longer than you want, longer than you expect. Issues always arise.
You could pull out, throw away the £1000 you've spent so far, find another property, and have something similar happen again.......0 -
From the title, i was looking for the aquatic version of the dog-buried-in-the-garden story.
Disappointed.0 -
This thread has given me a haddock0
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I'm still looking for the fish. Are the sellers including a fishpond or aquarium in the sale...?
As for your dilmma: welcome to property buying. It always takes longer than you want, longer than you expect. Issues always arise.
You could pull out, throw away the £1000 you've spent so far, find another property, and have something similar happen again.......
It was a red herring I think."Real knowledge is to know the extent of one's ignorance" - Confucius0 -
more like a load of old cod swollop.0
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Brill-iant. Another thread goes way off track...0
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