So fed up with FTB!!!

Alfrescodave

knightstyle wrote: »

Finchy2018 No, they haven't made any offers yet. They asked the agent if 10% less than asking price would do but the agent said that in their opinion that would not be acceptable.
So another few days waiting till they go into the agent next Monday.

This sale has disaster written all over it - put house back on market NOW

Bad_Ash

knightstyle wrote: »

So they had a second viewing three weeks ago, since then keep asking agent questions like "which bank is OUR mortgage with"!!!

That could be quite a valid question, as would asking which insurer you use, in certain circumstances whereby some companies would not offer a mortgage/insurance. e.g. Proximity to pubs, past structural movement or flooding, non-standard construction material, etc.

ViolaLass

knightstyle wrote: »

Finchy2018 No, they haven't made any offers yet. They asked the agent if 10% less than asking price would do but the agent said that in their opinion that would not be acceptable.
So another few days waiting till they go into the agent next Monday.

If they haven't made any offers yet then there's no sale to talk about, is there? They've probably cancelled the survey because someone has pointed out to them that they shouldn't get one done without an offer having been made and accepted.

Why are you waiting for them particularly?

knightstyle

The agent thinks they canceled the survey when they realised they would have to pay for it in advance!
As I said the house is still on the market but no viewings since December.

AnotherJoe

knightstyle wrote: »

Finchy2018 No, they haven't made any offers yet. They asked the agent if 10% less than asking price would do but the agent said that in their opinion that would not be acceptable.
So another few days waiting till they go into the agent next Monday.

What about your opinion? Given you've had no viewings for a month.

knightstyle

We had already told the agent we wanted near the asking price which is £5k below the valuation for same house recently remortgaged by owners as we wanted a quick sale.

ViolaLass

Again, you haven't had or accepted an offer from them. Why are you expecting them to pay for a survey at this stage?

gingercordial

knightstyle wrote: »

Finchy2018 No, they haven't made any offers yet. They asked the agent if 10% less than asking price would do but the agent said that in their opinion that would not be acceptable.
So another few days waiting till they go into the agent next Monday.

So they've expressed some interest in buying at a certain price (90% of asking). Your agent has told them that won't be acceptable. Therefore they have not made an offer. There is no sale on the table.

Why on earth would they pay for a survey at this point if you haven't come close to agreeing the price? Maybe that's the top end of their budget so they know there's no point carrying on if your agent has been so adamant it isn't enough?

You can't assume your house is sold yet and if you have had no other viewings and your one offer is for 10% under asking that implies you need to revise your expectations of what it will sell for.

Talk about first time buyers - are you a first time seller OP? :rotfl:

purplebex

Can your estate agent confirm that the buyer's have a mortgage offer in place? This would show that they have been through a certain amount of 'vetting' and that potentially they have the money to be able to purchase.

Slithery

ThePants999 wrote: »

There is at least a legitimate reason for the former - you can be reasonably confident that the current owner's bank [STRIKE]views[/STRIKE] used to view the property as good security at some point in the past

FTFY xxxxxxxx