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I'm never moving house again

Doozergirl
Doozergirl Posts: 34,065 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
edited 17 November 2020 at 3:13PM in House buying, renting & selling
If I ever come on here and suggest that we're selling our new house, can you remind me not to do it. 

We were supposed to be exchanging/completing last week with our third set of buyers.  

The buyer's buyer has today decided to gazunder them.    I figured this was coming, thanks to some the thousands of stories I've read on here.  On Friday, there was apparently a £10k retention because Santander don't accept indemnity policies for a lack of regs.  For this to be raised two months after survey, the day after we were supposed to exchange, just stank.  

We've offered 40% of the demand and I've requested that our buyer's house is shown to be on the market until such time that mortgage offers are re-issued and exchange takes place as soon as possible. If, of course, whatever else if offered to them is acceptable.  I've also told the agent to say that we are relaxed and will wait for the buyers to resell, if that helps put pressure back onto their buyers.   Not sure what else I can do.  

I honestly don't know what to think.  I think I'm okay - what happens is going to happen and we're in our new house this time around, so it looks like a hefty remortgage might be on the cards.  

It feels like every bit of bad luck we've never had with buying and selling (and helping clients buy and sell) has arrived with this ******* house.   Choose your own expletive!    Nine years living in a house that I never liked, just so we could build our own.   And it's still not over.  🤦🏼‍♀️

Thank God we're in.  It's not finished, but it's home.   www.instagram.com/theoldscrapyard if you're bored.  
Everything that is supposed to be in heaven is already here on earth.
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Comments

  • RelievedSheff
    RelievedSheff Posts: 12,624 Forumite
    10,000 Posts Sixth Anniversary Name Dropper Photogenic
    That stinks :(
  • I saw your post on Instagram yesterday about the bathroom - it looks lovely! Perhaps a glass of something and a long soak is in order!
    Craft target 2020 - 17/20 projects complete
  • Doozergirl
    Doozergirl Posts: 34,065 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 November 2020 at 3:22PM
    Chloe901 said:
    I saw your post on Instagram yesterday about the bathroom - it looks lovely! Perhaps a glass of something and a long soak is in order!
    Thank you.  I was just considering retreating there! 

    The bathroom is designed for drinking wine.  I set myself a challenge not to drink this month though, along with giving up sugar!  This is the longest I've gone since I nearly poisoned myself at the excitement of the Brit awards in 2010 and couldn't stomach it for two months.  It's probably a good thing as I'd be drunk already today. 🤪.   I've had one chocolate orange Cadbury's finger instead - living life in the fast lane!

    It's so stressful, even when your mantra is to go with the flow on these things.  It's been going on for far too long.  

    All credit to the people who go into this blissfully naive!  
    Everything that is supposed to be in heaven is already here on earth.
  • eidand
    eidand Posts: 1,023 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    yeah, I know how you feel, we had several accepted offers who changed their mind. Our first buyer waited until exchange time to tell us she can't get the funds ( which I really blame my EAs for ! ). We're now on our second buyer. All this while we have moved to our new house so we're paying two lots of mortgages and other expenses. It will happen eventually ...
  • AskAsk
    AskAsk Posts: 3,048 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    we last moved just over 2 years ago and i got so stressed about it, i felt really depressed about the whole thing.  i have decided i am not moving again as it is too difficult to cope with.
  • HanPop
    HanPop Posts: 185 Forumite
    Third Anniversary 100 Posts
    I don’t blame you, we had a nightmare selling. Our buyer pulled out after we’d all been and signed for exchange but when solicitor phoned her up to confirm exchange she said she’d ‘think about it’. She pulled out 5 days later. 7 months and 24 viewings later we finally moved into the house that we wanted. I’m not moving again without a lottery win where I don’t have to rely on funds from a sale. 
  • So sorry to hear this, Doozer ☹️☹️☹️

    At least you're in your beautiful new home, designed to your own requirements/specifications and hopefully all this will soon be a distant memory......

    I remember when we were selling our last-but-one house down in Wiltshire our buyer's buyer did something similar at the eleventh hour (and she was a charity worker overseas so you'd expect morals of some kind 🙄). Fortunately for us, our buyers sucked it up and didn't ask us to shoulder any of the costs. We also had a debacle over building regs/fensa stuff which came as a complete surprise as we thought we'd covered all bases.

    At the time we were adamant we wouldn't be moving again, but three years later......

    That one was very far from straightforward too.....never again!

    Keeping everything crossed that it's all rectified very soon x
    Mortgage-free for fourteen years!

    Over £40,000 mis-sold PPI reclaimed
  • Oh bless you !
    Ive no valuable advice, save to say Ive had a buyer drop out on day of exchange many moons ago and it is horrific ! but sending you millions of good lucks as your advice to others on here is the staple of good sense and total knowledge on building etc so its sad to see you suffering ! 
    All things crossed for you x
  • hb2
    hb2 Posts: 1,399 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Your new place looks lovely and this will soon fade into a distant memory. I wish you and your family every happiness.
    It's not difficult!
    'Wander' - to walk or move in a leisurely manner.
    'Wonder' - to feel curious.
  • Doozergirl
    Doozergirl Posts: 34,065 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 November 2020 at 5:04PM
    Thanks for the kind words. 

    Our buyers have gone back and offered them the lot.  I'm amazed.  They've fleeced them over the last couple of months.   It's not over 'til it's over though, and there are still two mortgage offers to have altered before we can exchange.  

    Our first sale collapsed as we were trying to exchange, on lockdown day.  The reduction we've given these buyers takes us back to what we'd accepted first time around and you don't have what you haven't already been given, so I'll try not to lose sleep over that bit.  

    I'm just waiting to cry with relief when this is over though.  I'm just about holding it together at this point.  
    Everything that is supposed to be in heaven is already here on earth.
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