We can't afford to live together and have children

JPB156

So thought I would update this. Actually took on some great advice from here and sorted myself out with all this and we put an offer in which was accepted. We have been so excited about it and it progressed to the later stages until this morning when the seller has pulled out, due to their new property not being practical for their children, seems a bit late in the day but there you go.

Massively gutted and now don't know what lies ahead but that's life

Malthusian

Great news. Up until the point the seller played silly !!!!!!s, obviously. But that is the housing market for you, it happens to everyone. The fact that you overcame your mental block is far more important. Onwards and upwards. In my experience, with all the important things in life like houses and jobs, you never miss out on anything without something better coming along afterwards.

JPB156

Most seem to be more expensive and out of our price range but back to looking again now.
All felt too good to be true was going so smoothly and then hit with this out of no where.
Thanks though we now just need to start again, my poor girlfriend was gutted, she found out on her lunch then had to go back to work need to cheer her up later somehow

JPB156

The weirdest thing is the estate agent told us she was moaning about the solicitors on Friday saying that they were taking too long!?

JPB156

Will having a mortgage offer go through affect our credit scores enough to harm the new application once we find another house?

Thank you for any help

Out,_Vile_Jelly

That's a shame OP, but very common in the house buying process. No it shouldn't have any affect on your credit score. Get back on the phone to the agent to line up some more viewings. They know you are a proceedable buyer and not a timewaster.

I got outbid on two properties, but the house I ended up buying was far nicer. So those other buyers did me a favour.

JPB156

There's nothing affordable around at the moment, but the estate agent was so good with us and are looking out for anything. And I'm looking at right move app about 50 times a day

Angry_Bear

JPB156 wrote: »

Will having a mortgage offer go through affect our credit scores enough to harm the new application once we find another house?

Thank you for any help

Your mortgage offer is usually valid for around six months (depending on bank), so if you find somewhere else they may only need to do a valuation and not all the other mortgage hoops you already jumped through.

JPB156

Apparently ours just goes back to a mortgage in principle.
Can't believe it was so close and now we have to go through the whole process again

HurdyGurdy

I can't believe I have sat up until 11pm reading every post on this interminable thread, when I could have been tucked up in bed, very comfortable with Jack Reacher!!

However, I am pleased that you did go ahead and make the offer on the house, and sorry that you have suffered the disappointment of having the seller back out, when you were so close. It is a rotten thing to happen, and something I bet the vast majority of us on the thread have experienced. It is soul destroying, but hang onto that new found confidence, and fingers crossed you will find something else that will be just as perfect for you.

My "more irritated than an irritated thing at an irritated things reunion" post, having read right through to before the update, was going to be along the lines of - your parents clearly own their own home (or are mortgaged - but in any event it is not rented), and as you seemed determined to look on the darkest of dark sides, that you just stayed put living with your parents, not having to worry about enormous interest rate rises, not having to worry about improving your job prospects or wages, wait until they shuffle off this mortal coil, and live in your inherited home, which would be worry free for you.

I am really pleased that this isn't the advice I have to give.

But hellfire! I am not coming back to this thread again. I was relatively happy when I started reading it, but ready to drown my sorrows by page 4 (and I don't even drink).

I wish you good luck. Oh, and the one piece of advice I STRONGLY suggest you take from this thread is to go private for your CBT. It sounds like you desperately need it, and goodness knows, you can afford it.