House buyer is refusing to full price (after completion)

SlopingBird

gettingtheresometime wrote: »

Personally I think this is a classic case of when people who see £££ meets people who know they have met people who see the £££.

Unless you've got written proof that they would give you this money they I don't see how you can even contemplate legal action.

After reading everyone's advice on here, I think we'll be forgetting the legal action (the amount of responses has been staggering).

Please don't think we are money grabbers. We paid £207k for the house in 2007 and spent at least £15k on it. We were just hoping to recoup our losses, that's all.

[Deleted User]

Hi,

SlopingBird wrote: »

We no longer live in the UK (as Remainers we feel the politics are now toxic!

SlopingBird wrote: »

It has left a nasty taste in our mouths, especially as our home was much loved by all our family and we now know some despicable people are living in it.

So you decided not to remain in the UK and now soaking up the sun somewhere.


If your home was much love by all your family why did you sell it?


Your gripe here seems to be about the £3000 bung, which sounds like you don't really need.

SlopingBird

AdrianC wrote: »

(Where have you gone, btw?)

We're currently house sitting in Spain but the plan was to live in Portugal (where we have residency). We're going back in a few weeks' time and plan to start house hunting in October. Just a little two-bedroom house, that's all. We are not materialistic people regardless of how some people have portrayed us on here.

AdrianC

I know a few people who've recently moved to Portugal. We fell in love big-time with Porto a few years ago, but there's something lovely about so much of the country. The further north, the better.

steampowered

Section 2(1) of the Law of Property Act 1925 provides as follows:

A contract for the sale or other disposition of an interest in land can only be made in writing and only by incorporating all the terms which the parties have expressly agreed in one document or, where contracts are exchanged, in each.

This means that, where you are selling property, you can only claim for what was agreed in writing. A different price agreed verbally is simply not legally enforceable - even if you had a recording of the telephone conversation.

If the agreed price was £218k, why on earth did you sign a contract which said £215k on it?

SlopingBird

AdrianC wrote: »

I know a few people who've recently moved to Portugal. We fell in love big-time with Porto a few years ago, but there's something lovely about so much of the country. The further north, the better.

Portugal is beautiful and the people are so kind and gentle. We spent three months on the Silver Coast earlier from April to June but the weather wasn't great. We've heard wonderful things about Porto so we hope to visit the city one day. We'll probably head farther south, hence the low expectations in terms of property.

Is is normal for people on this forum to assume everyone is wealthy? We most definitely do not fall into that category and never have.

SlopingBird

steampowered wrote: »

Section 2(1) of the Law of Property Act 1925 provides as follows:

A contract for the sale or other disposition of an interest in land can only be made in writing and only by incorporating all the terms which the parties have expressly agreed in one document or, where contracts are exchanged, in each.

This means that, where you are selling property, you can only claim for what was agreed in writing. A different price agreed verbally is simply not legally enforceable - even if you had a recording of the telephone conversation.

If the agreed price was £218k, why on earth did you sign a contract which said £215k on it?

Because we were very stupid and our buyers realised that!!!

lincroft1710

SlopingBird wrote: »

We should have insisted they submit a new offer of £218k, I realise that now. And yes, they have had the final laugh. We have sold our much-loved home to a couple we despise and tossed in a load of furniture and furnishings free of charge. We feel like idiots, is that good enough for you?????

Your "much loved home" attracted offers of no more than £215K which was the eventual selling price. Your choice to include furniture and furnishings, although as you were moving abroad you probably couldn't use them and it may have cost quite a lot to transport them.

The sort of person to whom you have sold is immaterial. They did want you wanted someone to do -THEY BOUGHT YOUR HOUSE. And there it ends. You will hopefully never see or hear from them again. This was a stage in your life which has now passed.

Finally stop harping on about your "much loved home". You have chosen to leave it behind. You are fortunate to have been able to escape the horror that "BJ's Britain" threatens. Look forward to and make the best of your new life abroad.

Naive, possibly, idiotic, no!

SlopingBird

[Deleted User] wrote:

Hi,








So you decided not to remain in the UK and now soaking up the sun somewhere.

You can thank the Brexiters for our decision. We hate what the UK has become and didn't want to be around that kind of person.


If your home was much love by all your family why did you sell it?

My children have long flown the nest. It's time for a new chapter in our lives.


Your gripe here seems to be about the £3000 bung, which sounds like you don't really need.

I know it sounds like we are well off compared to many others - and yes we are - but we have to work and are hoping to buy in an area which is far, far more expensive than the one we've left. I wish you'd stop calling it a 'bung' too. It wasn't going to be a bundle of notes!!! :rotfl:

AdrianC

SlopingBird wrote: »

I wish you'd stop calling it a 'bung' too. It wasn't going to be a bundle of notes!!! :rotfl:

"Informal financial inducement"?