Is it bad news?

comeandgo

They maybe won’t entertain a first time buyer so not interested in any offer you might make.

Redwino222

comeandgo said:

They maybe won’t entertain a first time buyer so not interested in any offer you might make.

Then why did they accept the offer?  And why wouldn’t they entertain a first time buyer?

Yes they can be more trouble in terms of not understanding the process and asking lots and lots of questions (I once had three solicitors letters about the bin), but most people will put up with this for the advantage of them being chain free.

SianlikesF1

Redwino222 said:

What information were you given about the vendor?

For every house I have viewed I have been told whether they are sale agreed on another property, actively looking or moving into rented accommodation (or in a few cases a home).

speak to the estate agent on Tuesday and get the full picture.  My parents lots a house once when aDivorcing  couple Reconciled.

The only thing we were told was that they already had a property in mind and that was before we put in our offer. We haven't been told anything since. We haven't asked though. I think we may have been a bit naive as to the etiquette of what you can ask and what you can't.
I will take your advice and ask what the full situation is with the seller asap.

SianlikesF1

UnderOffer said:

Contact the Estate Agent and ask them if the vendors have found an onward purchase? Yes, it does sound like they are getting cold feet, but it could be that they haven’t yet found a new home for themselves. Don’t write it off just yet. 

That's very true. I will try and keep some positivity until we find out what the situation with the call is. All we knew was that they had a property they wanted to purchase in mind before we made our offer so we should find out if there is an update on that. 

Redwino222

SianlikesF1 said:

Redwino222 said:

What information were you given about the vendor?

For every house I have viewed I have been told whether they are sale agreed on another property, actively looking or moving into rented accommodation (or in a few cases a home).

speak to the estate agent on Tuesday and get the full picture.  My parents lots a house once when aDivorcing  couple Reconciled.

The only thing we were told was that they already had a property in mind and that was before we put in our offer. We haven't been told anything since. We haven't asked though. I think we may have been a bit naive as to the etiquette of what you can ask and what you can't.
I will take your advice and ask what the full situation is with the seller asap.

It is absolutely fine to ask about the status of the vendor.  You don’t have a right to know where they are buying, or even the details of why they are moving (but They do need to tell you if there is a problem with the house or neighbours).

if it helps, tap up an email to the estate agent asking the direct questions about why the vendor doesn’t Think  you should proceed with the survey - have they found a new home, has their offer been accepted and are The proceeding?  Do they need more time, or is there a separate issue that means they are having second thoughts about proceeding.

These are all perfectly reasonable and speared questions.

SianlikesF1

Redwino222 said:

SianlikesF1 said:

Redwino222 said:

What information were you given about the vendor?

For every house I have viewed I have been told whether they are sale agreed on another property, actively looking or moving into rented accommodation (or in a few cases a home).

speak to the estate agent on Tuesday and get the full picture.  My parents lots a house once when aDivorcing  couple Reconciled.

The only thing we were told was that they already had a property in mind and that was before we put in our offer. We haven't been told anything since. We haven't asked though. I think we may have been a bit naive as to the etiquette of what you can ask and what you can't.
I will take your advice and ask what the full situation is with the seller asap.

It is absolutely fine to ask about the status of the vendor.  You don’t have a right to know where they are buying, or even the details of why they are moving (but They do need to tell you if there is a problem with the house or neighbours).

if it helps, tap up an email to the estate agent asking the direct questions about why the vendor doesn’t Think  you should proceed with the survey - have they found a new home, has their offer been accepted and are The proceeding?  Do they need more time, or is there a separate issue that means they are having second thoughts about proceeding.

These are all perfectly reasonable and speared questions.

Thanks so much for the advice!! I really appreciate it. I will definitely do that.

Redwino222

That should have been expected questions not speared - sorry.

and honestly the estate agent won’t bat an eyelid,  you need to push.  I am selling my house and the estate agents are really busy at the moment, so you need to press for information.  

SianlikesF1

Redwino222 said:

That should have been expected questions not speared - sorry.

and honestly the estate agent won’t bat an eyelid,  you need to push.  I am selling my house and the estate agents are really busy at the moment, so you need to press for information.  

Will do!! Trying to call them this morning as apparently they are open.

lookstraightahead

comeandgo said:

They maybe won’t entertain a first time buyer so not interested in any offer you might make.

What if the vendors 'choose' a purchaser who is selling to a first time buyer, or the one before that?
As there are literally millions of potential first time buyers (without whom many people would lose their chains) I would think a little bit more about such a sweepingly generalisation if I was a serious vendor.

Redwino222

SianlikesF1 said:

Redwino222 said:

That should have been expected questions not speared - sorry.

and honestly the estate agent won’t bat an eyelid,  you need to push.  I am selling my house and the estate agents are really busy at the moment, so you need to press for information.  

Will do!! Trying to call them this morning as apparently they are open.

Good luck - hopefully only a minor hiccup.

come back and update us.