Offer accepted 6 months ago and vendors show no signs of moving - ultimatum offered and no response.

Cakeguts

Withdrawing was a good idea because the owners of that house are trying to buy something that doesn't exist. They are trying to buy a house that is too expensive for what they can get for theirs.

ScorpiondeRooftrouser

HannahRakey wrote: »

hen us having to chase them every other week but we heard nothing so we contacted them again to be told that the estate agent hadn't heard from them for a while and if we want to move soon we should look elsewhere.


.... their estate agent don't seem to care.

!

The estate agent is paid by the vendor. They cannot tell you "ignore these people, they are time wasters".

However, what they have said to you pretty much translates to that. They have done all they can to let you know what the situation is.

If an estate agent suggests even for a moment you should look elsewhere, look elsewhere.

dunroving

What goes around comes around. They will still be sitting there dreaming in a year, waiting for offers, while you will be in your nice new house.

googler

I've said this before in this forum, but I see this as one of core failings of the system in E&W; acceptance of an offer without commitment to anything other than price (and perhaps not even that).

In a Scottish sale, the price forms part of the offer and acceptance, but when a seller accepts an offer, they are also accepting;

1. An Entry Date, upon which they agree they will hand the house over to the buyer, once the price is paid

2. The inclusions and exclusions from the sale - what E&W terms the Fixtures and Fittings list

3. The terms of the contract governing the sale. These are in the form of standard contract clauses.

E&W are thrashing out 1 - 3 long after the offer has been accepted, but they should form part of the offer and acceptance - otherwise, the offer acceptance means nothing.

The OP would not be in this position if E&W adopted the same system. The Govt is making noises about increased regulation for EAs, but to my mind, that's the least of the problems.

Change the system for the most benefit.

dunroving

googler wrote: »

I've said this before in this forum, but I see this as one of core failings of the system in E&W; acceptance of an offer without commitment to anything other than price (and perhaps not even that).

In a Scottish sale, the price forms part of the offer and acceptance, but when a seller accepts an offer, they are also accepting;

1. An Entry Date, upon which they agree they will hand the house over to the buyer, once the price is paid

2. The inclusions and exclusions from the sale - what E&W terms the Fixtures and Fittings list

3. The terms of the contract governing the sale. These are in the form of standard contract clauses.

E&W are thrashing out 1 - 3 long after the offer has been accepted, but they should form part of the offer and acceptance - otherwise, the offer acceptance means nothing.

The OP would not be in this position if E&W adopted the same system. The Govt is making noises about increased regulation for EAs, but to my mind, that's the least of the problems.

Change the system for the most benefit.

Perhaps you can explain the difference between Scotland and E&W in terms of what happens at the point of "exchange" (missives in Scotland; contracts in E&W), as I am still trying to get my head around this.

Used to be (maybe still is) that in Scotland, when your offer was accepted, you were legally bound to buy (and the seller to sell). So what is the exchange of missives (in Scotland) for?

googler

Conclusion of missives is where solicitors agree that all provisions in the communications (missives) which have passed between them are agreed. The sale is then legally binding. Historically, there may have been a time when acceptance of offer was legally binding, but I've never known it, and I first bought in the 1980s.

https://www.blaircadell.com/property/quick-guide-to-property-legal-terms/

https://www.lawscot.org.uk/for-the-public/what-a-solicitor-can-do-for-you/buying-and-selling-a-property/

https://www.emwllp.com/latest/property-contract-formation-in-scotland/

https://grigor-young.co.uk/backing-out-of-a-house-purchase-or-sale-when-is-it-too-late/