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Why do people lie!!! so upset!!!!
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I suppose its possible they are telling the truth - is there any sign of them frantically searching for a source of another loan? (Would imagine thats easy to get? - but am only talking from own experience - where they always fall over themselves to offer me more than I want - cant answer for anyone else).
If they have lied - then do you have legal right to any compensation from them to cover costs?0 -
worrypants wrote: »Now wait for it our buyer PULLED OUT at 10am yesterday reason stated HSBC agreed the funds then changed their mind due to northern rock crisis!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! has anyone heard such a load of tripe???? fisrt of all HSBC is not in trouble, secondly if it was BOE would be bailing them out , third I do not believe for one minute that any of the banks including northern rock have gone back on any agreed funds and mortgages have they.
Well, it happened to us. DB changed their minds after giving us an offer in principle. It was due to the credit crisis. A lot of banks are changing their minds just now. It depends on where you are in the process. The offer is not the same as the actual signed contract. I'm not sure, but I think Preferred tried to wriggle out of that with us, but it was too late: the contract was signed.:beer:0 -
BrandNewDay wrote: »Well, it happened to us. DB changed their minds after giving us an offer in principle. It was due to the credit crisis. A lot of banks are changing their minds just now.
Agree - It looks like a lot of Lenders are 'changing the Goal posts' on an almost daily basis.0 -
I agree that GHPC is a decent site. Much better than the nutters at the other place.
Actually HPC now has 8000+ members, I am one of them and have been for some years, and don't think I am a nutter at all!! It has some very good posts and some excellent members, but I agree some topics take the proverbial a bit.
GHPC is a boring website.
Back to OP.. sorry to hear of the situation you are in.. Hope it gets sorted for you quickly although I would hate to say it but don't hold your breath for a quick sale. Even auctions are only selling on average 33% of all houses going to auction.
Best of luck!0
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