Nightmare of trying to Move

jabjaf

November sold property and put offer in on a new build....
1. Dec - Buyer couldn't get mortgage
2. EA got Financial advisor got buyer Mortgage Deal
3. Jan - Financial advisor left EA all paperwork in - mess no mortgage [shocked]
4. Feb - Buyer got mortgage through bank
5. March - FT buyer in chain pulled out (6 properties in the chain)
6. March - Chain re-established
7. March - Lock down no survey
8. March - Our purchase house is ready from builder
9. April - Our buyer sold to new buyer complete 28 days 
10. April - New buyer can no longer get mortgage due to furlow - 
11. June - Our buyer gets another new buyer (5 in chain)
12. July - problem with bottom of chain - leasehold company no one can get answers - covid excuses
13. August - Our purchase - Builder threatens to put property on market
14. August - Get message from buyers solicitor going to exchange contracts
15. August - turns out buyers solicitor made mistake - exchange of contracts from first chain not second chain and now second chain have walked (effectively contract race) 
16. Sep - first chains was not ready to exchange as mortgages have expired, surveys and mortgages need to reapply for. 
17. Sep - The new build property we are buying goes back on Market and sells within a day. 
18. Sep - No confidence in buyers chain as we have stayed with them since November or incompetent solicitor so put our house back on Market
20. Sep - House sold, offer accepted on in a house we saw last year which was still on market
21. Sep - Just been told buyer chain lost first time buyer
22. Oct - Put our house back on market
23. Oct - Before viewings could started have been told that the chain has re-established
24. Oct - Notice one of the properties in chain back on Rightmove
and it starts all over again!!!!

amandacat

Wow you’ve really had a rough time. I really hope it works out for you this time. I lost 3 potential buyers and 3 purchases just over five years ago and we gave up in the end. Only now are we trying again and house about to go on the market. It’s a tough time with people losing jobs, mortgages being withdrawn etc so no doubt I’ll have these stresses to come 

Mrcsmrs

Really feel for you. We are stressing enough over our two people chain with no chain at either end, I can’t even imagine dealing with all of that. Really hope you get a good buyer and things happen for you soon. 

Hannimal

@jabjaf
That is a ton of bad luck you have had. So sorry

ChewyyBacca

Wow! that has been one hell of a year for you, and it isn't over yet. Best wishes

ameliarate

House buying/selling is a nightmare! Good luck. 

whirlyhead

I don't know anyone who is successfully managing to sell a house at present - everything keeps going well.  A friend had their buyer pull out a day before completion and another has had 3 buyers pull out this year.  Tearing your hair out time!

housemovehelp

This is what I’m so scared of. I really wish we were first time buyers again 

newsgroupmonkey_

housemovehelp said:

This is what I’m so scared of. I really wish we were first time buyers again 

You could always make yourselves first time buyers......
Sell house. Rent for a bit. Buy when you find the right place.

housemovehelp

newsgroupmonkey_ said:

housemovehelp said:

This is what I’m so scared of. I really wish we were first time buyers again 

You could always make yourselves first time buyers......
Sell house. Rent for a bit. Buy when you find the right place.

Yes I think this is what we might do . We have pets though so think we will struggle to find somewhere to rent 

Davesnave

housemovehelp said:

newsgroupmonkey_ said:

housemovehelp said:

This is what I’m so scared of. I really wish we were first time buyers again 

You could always make yourselves first time buyers......
Sell house. Rent for a bit. Buy when you find the right place.

Yes I think this is what we might do . We have pets though so think we will struggle to find somewhere to rent 

That's the usual excuse. We had 2 cats and 2 ferrets and we got the choice of 3 properties in 24hrs when we started looking in the last recession, having finally sold after 16 months to the 4th set of buyers.

Of course, we might be extra-charismatic people, but I think it was probably the 1:1 contact with letting agents and lots of palm-crossing with silver that did it.....that and being willing to take the less wonderful stuff on their books, or go out of town to the countryside. We chose 'commodious,' stuck all our stuff in the double tandem garage and the 'impossible to heat' room above it, then enjoyed the single glazing, electric storage heaters and drips from holes in the roof. Spring arrived a few months later and it wasn't too bad; definitely easier than renovating the property we bought!