Estate Agent Lied to buyers about us moving out early

Surrey_EA

kingstreet wrote: »

There are several lenders offering longer product drawdown deadlines (eg Halifax currently 31/03/2019) or a six plus six approach where you get a six month offer and can extend it for a further six (NatWest, Leeds etc).

Is that effectively an automatic guarantee that the offer is valid for 12 months? You learn something new every day! Useful to know which lenders too. :beer:

kingstreet wrote: »

If there is a purchase in the chain with completion on notice, everyone else in the chain is stuck with the same...

I'd say you are better off staying out of such a transaction if you don't like the idea of a builder having all the control.

In my experience people frequently want everything their own way! Depending on how much they want a specific house depends on what they're willing to compromise on.

hazyjo

parkrunner wrote: »

Not so much in this case, from the op


It turns out the estate agents had told my buyers and their mortgage advisor that we were willing to vacate the property and to go ahead.

Not sure who told them that though - six of one, half a dozen of the other. It's like Chinese Whispers trying to buy a house, plus one party is often very quick to lie and blame the other. Who knows who was told what lol. Who probably even still remembers for sure!

investme

Update: We have agreed a fixed completion date for my buyers of the 28th of September, I gave my go-ahead to exchange based on a fixed date for my buyers and an 'on notice' for myself. However the developers are unwilling to accept a clause that they can't serve notice to complete before the 28th (else for obvious reasons, i won't be able to complete as my house won't be sold...).

Apparently they are unwilling to accept this and my solicitors are negotiating. Feels like common sense to me...