PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Feeling Blindsided

Options
13

Comments

  • steve866
    steve866 Posts: 542 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Have you raised it with the estate agents? They probably deal with these situations all the time and will be able to put pressure on. I would be very annoyed if I only found out on exchange day. 
  • TWIGLET1234
    TWIGLET1234 Posts: 160 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    steve866 said:
    Have you raised it with the estate agents? They probably deal with these situations all the time and will be able to put pressure on. I would be very annoyed if I only found out on exchange day. 
    Yes I did and he said that it’s an onward purchase but not a related purchase and he’s telling me we can exchange ASAP and complete on 31 July. BUT... I don’t trust him 
  • Tiglet2
    Tiglet2 Posts: 2,668 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    So the listing actually states “no forward chain can be offered”
    We asked about this at initial viewing and were told that she’s actually spent lockdown living with the friend and pops back to the house to check things over and cut the grass etc so she’d stay living with said friend until finding the property she wanted. 
    We said that we were pleased to go with the no onward chain route as wanted to get in fast and get the kids settled before school starts 
    so when we offered it was on the basis of a quick transaction from both sides as we are in rented. 
    We have said to ourselves that we’ll allow a weeks slippage but then have to balls up and ask for the original agreement. 
    Personally I wouldn’t do this to a family but as has been said here above, it’s a business transaction at the end of the day. 

    Ask your solicitor to confirm with the vendor's solicitor whether the vendor is prepared to sell to you independent of her purchase.  If she is currently living with a friend and can store her furniture there, it may be that selling first and then completing on her purchase a few weeks later will not be an issue for her, but only her solicitor can confirm whether her two transactions are related or independent.  The EA will not know legally, they will only repeat what the vendor tells them.

    Are you a first time buyer?  If so, you may need to be flexible as completion dates regularly get delayed due to unforeseen issues.  If this is the house for you, then a month or two wait is not the end of the world, even though it must be annoying.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 18 July 2020 at 11:53AM
    no  completion by end of July, knock off 10-20k or walk as they abused your trust

    goes both ways, nothing personal but business
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • TWIGLET1234
    TWIGLET1234 Posts: 160 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    I’ve just driven past the house on the way to the tip! She does appear to be having a clear out. There’s a horse box there being loaded up with her belongings. I must say it’s made me feel 100 times better. Perhaps she will genuinely allow us to complete on 31 July regardless of her purchase plans 
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    To be honest, it's extremely common for people to say they'll go into rented or stay with family then find somewhere to buy and delay the chain. Most of us seasoned house buyers know to take it with a pinch of salt.
    2024 wins: *must start comping again!*
  • diggingdude
    diggingdude Posts: 2,492 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    You could say completion 31st July or a reduction of say £1k for every week after. See what they say? Might push them to pull their finger out 
    An answer isn't spam just because you don't like it......
  • TWIGLET1234
    TWIGLET1234 Posts: 160 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    My solicitor has chased for exchange this morning to be told "we aren't ready" This is beyond frustrating and only demonstrates that the seller won't commit to the completion date suggested. I know it makes sense for us to just wait, but I am so annoyed that someone can just change the goal posts like this right at the very end. A bit of transparency along the way would have been nice!! I hate this limbo period! Do we pack our stuff and make moving arrangements or not? Just makes me lose all momentum
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think you're going to have to accept there's no way in hell you're competing end of July. Even end of Aug is optimistic. If you keep feeling like this over it, you're going to make yourself ill.

    I always say on here that the only thing that causes grief, rows, tears and anger when moving is unrealistic deadlines. Yes they moved the goalposts, but it's very common to do that.

    You have been given some ideas and suggestions on what to do. I do think you'll be better off just accepting the delay.
    2024 wins: *must start comping again!*
  • TWIGLET1234
    TWIGLET1234 Posts: 160 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    hazyjo said:
    I think you're going to have to accept there's no way in hell you're competing end of July. Even end of Aug is optimistic. If you keep feeling like this over it, you're going to make yourself ill.

    I always say on here that the only thing that causes grief, rows, tears and anger when moving is unrealistic deadlines. Yes they moved the goalposts, but it's very common to do that.

    You have been given some ideas and suggestions on what to do. I do think you'll be better off just accepting the delay.
    Thanks. Already making myself ill...terrible headache for days. I've referred back to the EA for now. There's so much riding on this house purchase (won't bore you with it all) so it causes much anxiety. If it's meant to be, it will be...
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.