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Estate agent misled me?
Comments
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You'd be expected to be 'proceedable' to be able to reserve, so accepted offer and sale proceeding etc.ScorpiondeRooftrouser wrote: »I have never bought a new build house but is it even possible to have a secured purchase of one before you have sold your existing house, assuming that is the source of your funding?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
According to Wikipedia
"A chain, when used in reference to the process of buying or selling a house, is a sequence of linked house purchases, each of which is dependent on the preceding and succeeding purchase. The term is commonly used in the UK.[1] It is an example of a vacancy chain."
This looks like your situation to me.0 -
ScorpiondeRooftrouser wrote: »If you hadn't exchanged then it doesn't matter what the advertising said or what her form said. If she had wanted to delay, she could have. And you of course could have withdrawn from the purchase. She clearly didn't want that so went along with you, but it doesn't matter whether you had right on your side or not.
I didn't say that I did have right on my side - I simply described my experience and said that my solicitor pointed out that the house was being sold "without chain". As others have suggested - maybe it is the conveyancer that the OP should be talking to and not the EA.0 -
bertiewhite wrote: »I didn't say that I did have right on my side - I simply described my experience and said that my solicitor pointed out that the house was being sold "without chain". As others have suggested - maybe it is the conveyancer that the OP should be talking to and not the EA.
Yes, the point is that your situation didn't work out for you because of the way anything had been advertised - it worked out for you because the vendor didn't want to lose the sale. So the OP shouldn't take your experience as an indication that they have any grounds for enforcing anything on their vendor - it's entirely dependent on their situation.0 -
ScorpiondeRooftrouser wrote: »So the OP shouldn't take your experience as an indication that they have any grounds for enforcing anything on their vendor - it's entirely dependent on their situation.
Oh good grief, NOWHERE HAVE I SUGGESTED THAT THE OP CAN ENFORCE ANYTHING. OK? Satisfied?
Caro100- - have you any update on this?0 -
bertiewhite wrote: »Oh good grief, NOWHERE HAVE I SUGGESTED THAT THE OP CAN ENFORCE ANYTHING. OK? Satisfied?
Caro100- - have you any update on this?
I know you haven't. I don't care about you; I was making it clear for the OP in case they drew the wrong inference from your post. After all, if you didn't think it was relevant to them, why post it? Satisfied now?0 -
ScorpiondeRooftrouser wrote: »I know you haven't. I don't care about you; I was making it clear for the OP in case they drew the wrong inference from your post. After all, if you didn't think it was relevant to them, why post it? Satisfied now?
You obviously do care because you keep putting words in my mouth. I did think it was relevant - which is why I posted it. Satisfied at what?0
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