We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Offer accepted, vendor has't found house yet. Do we start searches?
wookie008
Posts: 41 Forumite
Hi guys,
We've just had an offer accepted on a lovely house in Surrey, we're first time buyers so have no chain. As per standard the vendors haven't been able to look yet until they have an offer on their own house which we're fine with.
I just wanted to check if it's the norm for us to not let the solicitor begin their searches until we know the vendor have found a property? We don't want to really outlay a load of money until we know the ball is rolling.
Only reason I asked is I just rang my solicitor and they pushed back quite a lot, first saying the vendor may not be happy about this, as well as saying we should still send them the money they'd need regardless.
Not sure what to say, the thought of spending a lot of money without the vendor beginning their buying process just doesn't make sense to me!
We've just had an offer accepted on a lovely house in Surrey, we're first time buyers so have no chain. As per standard the vendors haven't been able to look yet until they have an offer on their own house which we're fine with.
I just wanted to check if it's the norm for us to not let the solicitor begin their searches until we know the vendor have found a property? We don't want to really outlay a load of money until we know the ball is rolling.
Only reason I asked is I just rang my solicitor and they pushed back quite a lot, first saying the vendor may not be happy about this, as well as saying we should still send them the money they'd need regardless.
Not sure what to say, the thought of spending a lot of money without the vendor beginning their buying process just doesn't make sense to me!
0
Comments
-
Do not commit to spend any money until the chain is complete, i.e. your vendor has found somewhere and so on all the way up to the top of the chain to a vendor who is not buying.0
-
Of course solicitor will complain, but stay your ground!0
-
Agree with the above, don't waste any time or money until the chain is complete.
You shouldn't lose out on any time as they will only be starting their process from that time as well.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards