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Buyer's awol- agent not helping

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Comments

  • ajm410
    ajm410 Posts: 136 Forumite
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    Thrugelmir wrote: »
    Perhaps the buyer hasn't obtained a mortgage yet. We live in an impatient world. Not everybody works 24/7.

    I've been told the buyer doesn't need a mortgage
  • sparky130a
    sparky130a Posts: 660 Forumite
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    ajm410 wrote: »
    I've been told the buyer doesn't need a mortgage

    By whom? And why would you believe them?
  • ajm410
    ajm410 Posts: 136 Forumite
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    sparky130a wrote: »
    By whom? And why would you believe them?

    By the estate agent
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Hoploz wrote: »
    They would still have appointed a solicitor who should have made contact before now.

    Why? If matters don't proceed further then the client isn't going to pay for time expended. Once mortgage is obtained then matters will proceed. Searches commenced etc.
  • Lioness_Twinkletoes
    Lioness_Twinkletoes Posts: 1,573 Forumite
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    I do think that the OP is taking some stick with this 'completing within four weeks' condition. Let us all remember that this was not the condition of the OP, but the buyer, who has now gone quiet.

    I think it is a bloody cheek that the buyers gets a reduction in the price in order to complete quickly - and then fails to engage, much less complete.
  • ScorpiondeRooftrouser
    ScorpiondeRooftrouser Posts: 2,851 Forumite
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    Thrugelmir wrote: »
    Perhaps the buyer hasn't obtained a mortgage yet. We live in an impatient world. Not everybody works 24/7.

    They shouldn't really have signed up to a condition to complete within 4 weeks then.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    ScorpiondeRooftrouser wrote: »
    They shouldn't really have signed up to a condition to complete within 4 weeks then.

    I don't know how many times you've moved house in your lifetime. 20 working days is a serious challenge. Requires all parties to be on the ball. Documents to be readily available. No spaneers. This sounds like a case of over optimism. Or alternatively a complete time waster from whom words came cheap. In an attempt to negotiate a better price. Personally I wouldn't have accepted such an offer. Without knowing the buyers full circumstances.
  • ScorpiondeRooftrouser
    ScorpiondeRooftrouser Posts: 2,851 Forumite
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    Thrugelmir wrote: »
    I don't know how many times you've moved house in your lifetime. 20 working days is a serious challenge. Requires all parties to be on the ball. Documents to be readily available. No spaneers. This sounds like a case of over optimism. Or alternatively a complete time waster from whom words came cheap. In an attempt to negotiate a better price. Personally I wouldn't have accepted such an offer. Without knowing the buyers full circumstances.

    That's true but irrelevant. You implied it was impatient to expect them to live up to a condition they proposed for a certain price.

    If someone tells me he will run a mile in 2 minutes if I pay him £5, it doesn't matter if I think its impossible or not. If he doesn't do it, I don't owe him £5.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
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    Some people say that they don't need a mortgage but what they actually means is that they won't need a mortgage after they have sold their house.
  • ajm410
    ajm410 Posts: 136 Forumite
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    Hi everyone,

    Just wanted to thank you all for your help as the EA has just confirmed they will not be charging me for pulling out. Scare tactics indeed!

    Thanks so much once again!
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