Waiting for a buyer... Anyone want to join me?

smallholdingsister

WTG Plays nicely!

Christina_F

chickenmama wrote: »

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Christina, are you in a real hurry to sell? Would there be any negative in listing it as the price your OH wants first and then reducing further if still no luck?

Whilst I am not in a real hurry I am keen to proceed. I think you're right - will reduce to OH's price and then reduce again if needed.
Thanks for replying

Congrats to PN - so glad you have agreed a price

Bandia

Hello everyone, I am a first time buyer. We are almost on the verge of exchanging contracts but after searches have been completed, we were told about covenants by our solicitors. Restrictive covenants in the title deeds by some people in 1928. These people sold the property to another person with some covenants but the land registry doesn't contain any evidence of what exactly the covenants are. I tried looking looking for the people's names who imposed the covenants on the house sale in 1928 and understood that they have died a few decades ago.

My solicitor is suggesting that we should go ahead with the sale of the vendors purchase an indemnity insurance for us. They opine that this might not a big risk going forward and that we can just buy the same insurance policy for buyers when we intend to sell the property. 1) Will the value of the property not be the same with restrictive covenants. 2) would it be difficult to sell this property ? There was another buyer whose offer was accepted on this property prior to me and he dropped out of sale just after the searches and it's my worry/belief that's he might have dropped out due to this reason. Pls advise whether I should go ahead with the purchase or not ?

Kitten868

I'm buying a property with the exact same issue bandia. I really wouldn't worry about it. If no one knows what these restrictions are no one is likely to enforce them. Plus if anyone ever did you have insurance to cover you.

fudge7000

We've been back on the market for a couple of weeks now and no viewings at all... A couple that viewed before have put a couple of very low offers in that I have rejected.

Starting to wonder if a change in EA would be a good idea? Does it actually makes a difference do people think?

Glad to hear some people are selling and buying :-)

Bonfire_Bride

fudge7000 wrote: »

We've been back on the market for a couple of weeks now and no viewings at all... A couple that viewed before have put a couple of very low offers in that I have rejected.

Starting to wonder if a change in EA would be a good idea? Does it actually makes a difference do people think?

Glad to hear some people are selling and buying :-)

Hope you manage to sell it soon.


We changed EA's in March this year but we were not happy at all with our first estate agent. If you are happy with the way they handle viewings/feedback etc then I would stick with them. In the 2 years our house has been on the market...I have always used rightmove and zoopla, rather than the EA's website. I guess most EA's use these to advertise so unless you want to pay less fees or are not happy with the service, it wouldnt be detrimental to stick with them.

hmd1987

well i chased up the EA today - they said they had left the viewer another message. But I just know its a no, its ridiculous that she is just ignoring their phone calls...if she isn't interested etc then why can't she say??

no other interest at the moment, mortgage company is dragging their feet sorting out the AIP. Starting to feel really rubbish about it all at the mo, doesn't feel like its ever going to happen

Bonfire_Bride

hmd1987 wrote: »

well i chased up the EA today - they said they had left the viewer another message. But I just know its a no, its ridiculous that she is just ignoring their phone calls...if she isn't interested etc then why can't she say??

no other interest at the moment, mortgage company is dragging their feet sorting out the AIP. Starting to feel really rubbish about it all at the mo, doesn't feel like its ever going to happen

It WILL happen...honestly.

We had a fair few viewers who just wouldn't answer the EA. We had one couple make an offer and then they disappeared. The EA couldn't even get in contact to reject it. :rotfl:

People are strange things.

fudge7000

PN - well done!

Bonfire - thanks, that was my opinion really as well!

Hope there are viewings galore for everyone this coming week!

hmd1987

well no updates really from me. The EA has officially stopped chasing the people who came for a second viewing.

no other viewings planned