Cold Feet

TamsinC

We have been in the process of buying a house since January - it progressed reasonably quickly and now we are stuck and now I have chance to think I am beginning to get cold feet.

We loved the house when we first saw it - in the snow - it has space and light, it has some character features and a large garden. It has a modern kitchen extension which is fab with underfloor heating. We have seen it 3 times now, and each time I see it another issue comes to light, but I have tried to keep the 'glow' of finding the right house. The vendor has actually answered an awful lot of questions I have fired at him and some of his answers have given me cause to pause a bit, and some have been brilliant etc. It has granny annex and we were hoping MIL would move it but she came with us on the last visit and has given a definitive no.

positives - light and airy, big (5 beds), large garden with woodland, old with some lovely features, granny annex, downstairs WC, lovely kitchen, not listed

negatives - the garden is sloped and stepped and I have mobility issues and worry I won't be able to access it, much as it is a very liveable in house it needs work to make it what I want and that is going to be expensive, it has 5 beds (there are 2 of us most of the time we only need 3), MIL not interested, dispute now ongoing with neighbour over a Deed of Easement and I worry about possible repercussions if we move in, at the very top of our budget, very little wriggle room if we find 'problems', every time I talk about the work needed in the woodland hubby grimaces and then says he is joking but he does it EVERY time.

Obviously at the moment the negatives are outweighing the positives - we are 14 weeks in and I would feel awful pulling out now BUT . . . any advice? thoughts?

BISCUIT1

Having read all the above I would be pulling out...it appears to be bigger than you need, the MIL is refusing to move in so why pay for a granny annexe and there is an ongoing dispute..you can't just plough on as you'd feel guilty..I am assuming this is going to cost you many hundreds of thousands of pounds for something that you clearly don't want or need..don't do it! xx

TamsinC

BISCUIT1 wrote: »

Having read all the above I would be pulling out...it appears to be bigger than you need, the MIL is refusing to move in so why pay for a granny annexe and there is an ongoing dispute..you can't just plough on as you'd feel guilty..I am assuming this is going to cost you many hundreds of thousands of pounds for something that you clearly don't want or need..don't do it! xx

This is my gut feeling - along with all the stomach churning at pulling out - but hubby is more invested than I and wants to leave it a bit longer. Tried to have a talk with him yesterday but I think I need another one. Trouble is there isn't much out there we like. Thanks.

pinklady21

If you are worried about making a very expensive mistake, you need to make a decision one way or another. If you decide to pull out, you owe it to the vendor to tell them asap. Do not leave them hanging on.

TamsinC

pinklady21 wrote: »

If you are worried about making a very expensive mistake, you need to make a decision one way or another. If you decide to pull out, you owe it to the vendor to tell them asap. Do not leave them hanging on.

agreed - and once I am sure I will inform them if that is our decision.

treeny_bash

We pulled out of a property when an easily resolvable issue arose and the seller started getting arsey. I already had cold feet, and OH was feeling very anxious about the issue, refusing to believe that it would *really* be resolved, even if the paperwork was done.

The house is still on the market now, 2 months on, and the seller has moved out, so it looks nowhere near as good as it did when it was all furnished. I feel really guilty every time I think about it, but at the end of the day the seller threatened us and we called his bluff.

A house is the most expensive thing you'll ever buy, it has to be right for you.

Smodlet

If you can find this house, you can find another one that will be even better. What use is a beautiful garden if all you can do is look at it through a window? Lovely views are great and I miss them terribly but not being able to go out into my own garden would make me feel like a prisoner.

Good luck whatever you decide to do and try to remember this is a business transaction. Getting on for half of all house sales fall through (just look on here) The seller will find another buyer if it turns out they need to.

TamsinC

Had a big chat with hubby when he got back from work and we have pulled the plug - he was feeling the same as me but was hoping it would resolve. I wrote down the list of issues and when he saw them all 12 MAJOR issues he agreed he had not been feeling it as much and to stop. I feel guilty though. I have informed the solicitors, I COULD email the vendor as I have his email but think I should keep it all professional now. DO I need to inform the estate agent?

pink_pirlie

I think you!!!8217;re made the right decision. Good luck in your ongoing search and hope it all works out for you.

TamsinC

pink_pirlie wrote: »

I think you!!!8217;re made the right decision. Good luck in your ongoing search and hope it all works out for you.

Many thanks - the sense of impending doom Ive felt all week is lifting now. I still feel guilty and still dreading the vendor emailing me to let me know how awful I am (yes, we stupidly exchange email addresses but at least he doesnt have a phone number.) Ive emailed the solicitors, the EAs and the mortgage company. SO that's definitely it. All bridges burnt. And a lesson learnt to not offer before a 2nd viewing and to go with your gut feeling a lot earlier.

TamsinC

treeny_bash wrote: »

We pulled out of a property when an easily resolvable issue arose and the seller started getting arsey. I already had cold feet, and OH was feeling very anxious about the issue, refusing to believe that it would *really* be resolved, even if the paperwork was done.

The house is still on the market now, 2 months on, and the seller has moved out, so it looks nowhere near as good as it did when it was all furnished. I feel really guilty every time I think about it, but at the end of the day the seller threatened us and we called his bluff.

A house is the most expensive thing you'll ever buy, it has to be right for you.

This is it really - and it sounds like you did the right thing - being on this board has really helped as I know what I would advise others, and what they would advise me. Another thing from last weekend was constant motorbikes zooming up the lane and back - we wanted peace and quiet - vendor gleefully said it happened all summer long as there was a good view at the top of the lane but it was a no through road. I think he thought he was forming us of the wonderful view, when all I was worried about was the motorbike noise. And then him telling us about the obstructive neighbour and bemoaning the fact he would probably have to pay him money (and then not doing that to sort it - I feel he wanted us to offer to pay - when it was his fault for not sorting it all out 5 years ago when he should have.) Every time we went another 2 or 3 majors issues came to light and eventually it got too much. I am very fond of telling other people 'there is always another house' and its true, there will always be another house.