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House buying headache

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Comments

  • cheers guys the second house is bigger but needs work but i see it as an investment. There is not a major chain lad buying mine is first time buyer, the one im buying have got somewhere to got (there already there)but lending the house to a friend hence the delay.
  • arbrighton
    arbrighton Posts: 2,011 Forumite
    Ninth Anniversary Combo Breaker
    david1951 wrote: »
    You can have two bids running but I don't think you can have two offers accepted - you must withdraw one or the other if the new vendor accepts.

    Why on earth not? you could buy two houses if finances allowed
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    cheers guys the second house is bigger but needs work but i see it as an investment. There is not a major chain lad buying mine is first time buyer, the one im buying have got somewhere to got (there already there)but lending the house to a friend hence the delay.

    Your buyer may also walk away. If you cause another long delay yourself.
  • Thrugelmir wrote: »
    Your buyer may also walk away. If you cause another long delay yourself.

    well as it stands if i buy house number 1 then buyer would have to wait 2 months.

    House number 2 is empty with no upward chain
  • Hoploz
    Hoploz Posts: 3,888 Forumite
    When you say they are messing you about with dates, has this been one of those situations where at the beginning of proceedings somebody picks a date out of thin air, completely at random, without a clue whether the chain of solicitors will all be ready to exchange on that date, and then when it gets delayed somebody decides they've had enough and throws their toys out of the pram, stamps their feet, and !!!!!!s off leaving everyone else up the creek?

    Or have these dates been discussed this week, with everyone in the chain ready to exchange subject to finding an exact date for completion?

    Different scenarios will deserve different responses.
  • Cheeky_Monkey
    Cheeky_Monkey Posts: 2,072 Forumite
    cheers guys the second house is bigger but needs work but i see it as an investment. There is not a major chain lad buying mine is first time buyer, the one im buying have got somewhere to got (there already there)but lending the house to a friend hence the delay.
    Maybe they're having trouble getting their 'friend' out :eek:
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    House number 2 is empty with no upward chain

    Doesn't equate to an instant move. The formalities still take time.
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