Estate agents not letting house go on the market after offer!

eidand

This is taking the mickey. if you don't want to sell, then don't put your house on the market. People are not going to wait for years until you find something "suitable". Put it on the market, sell it, go into renting for 6 months, keep looking. That's your path. Stringing people along is stressful and expensive for them. Just don't do it.
You can't have your cake and eat it at the same time.

Titus_Wadd

Only wanted to add, maybe widen your search area; I'm not saying accept a less appealing location but folk get too attached; we've relocated with work a couple of times, often to unfamiliar areas.  With a bit of research you can get a feel for a new area pretty quickly; but we mostly looked for a street where folk seemed to take care of their homes. ( I know I have a Pollyanna complex).  Widen the online search and book more to view.

Thrugelmir

GDB2222 said:

Thrugelmir said:

Sell and rent. Then you are in ideal position to wait for the "perfect" home. 

Don't sell and rent. It's a dreadful risk. You're not in a position to wait at all, as you'll be tied into a fixed term rental, whilst under enormous pressure as you see your money dribbling away on rent. 

Don't sell and you risk realising even less for the property. That's the inherent risk at the current time. Doesn't take any degree of sense to see the storm clouds on the horizon. 

GDB2222

Thrugelmir said:

GDB2222 said:

Thrugelmir said:

Sell and rent. Then you are in ideal position to wait for the "perfect" home. 

Don't sell and rent. It's a dreadful risk. You're not in a position to wait at all, as you'll be tied into a fixed term rental, whilst under enormous pressure as you see your money dribbling away on rent. 

Don't sell and you risk realising even less for the property. That's the inherent risk at the current time. Doesn't take any degree of sense to see the storm clouds on the horizon. 

Nearly everyone sells and buys simultaneously. That way, they are largely immune to general changes in property prices. 

Whilst I also see the storm clouds massing, I wouldn't want to bank on that by selling without a purchase lined up. 

davidmcn

csgohan4 said:

Everything is wrong with the English system, least in Scotland, an agreement is an agreement

Only once you've concluded the contract. Which will generally happen more swiftly than in England, but there's still a pre-contract stage which can be quite lengthy if people are waiting for mortgage offers, waiting for their purchase/sale to progress etc.

gwynlas

Given that students courses might be on line for the significant future are the HMOs for professionals in the area that you live?
Would you consider getting the works done to standard and becoming a landlord yourself? Investor landlords might not be prepared to buy at the current time unless they are purchasing an absolute bargain.
If you do not want to sell at this time then witdraw your property from the market, You were very naive in waiting on a purchaser without having some kind of contract in place.