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House sale falling through after exchange of contracts

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Comments

  • fezster
    fezster Posts: 485 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Sorry OP, slightly off topic, but I wonder if the chain is delayed beyond 31 March, will those buyers affected by the additional 3% stamp duty be able to claim those costs back from the party responsible for the delay?
  • eddddy
    eddddy Posts: 18,205 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    fezster wrote: »
    Sorry OP, slightly off topic, but I wonder if the chain is delayed beyond 31 March, will those buyers affected by the additional 3% stamp duty be able to claim those costs back from the party responsible for the delay?

    Yes, they would be able to.

    The extra SDLT would be a consequential loss from the breach of contract.

    I suspect there will be a lot of arguments about whose fault it was!
  • Hoploz
    Hoploz Posts: 3,888 Forumite
    Any progress yet OP?
  • So today is the day... what's going on OP? I'm really interested to see how this has panned out.
  • AndyBSG
    AndyBSG Posts: 987 Forumite
    Part of the Furniture Combo Breaker
    So today is the day... what's going on OP? I'm really interested to see how this has panned out.


    Likewise, would be interesting to know the result to this fiasco
  • Brightspark87
    Brightspark87 Posts: 1,466 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker Debt-free and Proud!
    this is the stuff of nightmares. Would love to know the outcome

    Paid off all Catalogues 10.10.2014
  • harz99
    harz99 Posts: 3,762 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    I've a feeling that the OP may have been frightened off by some of the sharp posts on the other very similar thread attributed to his/her partner.


    Or they could have moved and be too busy to come back, or they could be trolling - we may never know.
  • Hoploz
    Hoploz Posts: 3,888 Forumite
    Once you join this community you should always finish the story!!!
    Hope they are too busy enjoying their new home!
  • Person_one
    Person_one Posts: 28,884 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    harz99 wrote: »
    I've a feeling that the OP may have been frightened off by some of the sharp posts on the other very similar thread attributed to his/her partner.


    Or they could have moved and be too busy to come back, or they could be trolling - we may never know.

    If the posts are true, its moving day! They might be a bit busy...
  • deFoix
    deFoix Posts: 213 Forumite
    Seventh Anniversary 100 Posts Combo Breaker
    Just spent 30m reading through this thread. If I was the OP I'd be demanding to know exactly what the terms of the Buyers mortgage offer were and proof.

    Sounds strange anyway. How would the buyers mortgagee know that the works had been done up to 'standard'. Would someone have to go round and reinspect? What criteria of assessment would they use? Just sound very odd to me but what would I know.

    Didn't help that the OP fist post was confusing and the 5 posts after that rather than clarifying added further to the confusion!
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