Buyer Bizarrely Threatening To Withdraw???.

lookstraightahead

eidand said:

Techyteacher said:

eidand said:

Techyteacher said:

You’re not our vendor, however you could’ve been.

We feel like we’ve been led down the garden path if I’m honest. They aren’t mortgaged at the moment so are probably happy to stay! 

We were very clear on our need to move before September or not at all. This is the difference between finding the correct school and being homeless. If we are fobbed off and don’t officially ask for a post service lease. Court proceedings for eviction begin, potentially scuppering our mortgage to boot.

We are being told one thing, with all the signs pointing to another. “Oh yeah, July looks fine,” when it seems September was the plan all along. The EA doesn’t even bother to respond when it gets awkward. This new delay came to light and they didn’t seem bothered about getting back to us. Which again, points to the assumption they are saying one thing and something else is going on.

We were ready, no messing for a straightforward purchase which hasn’t come to fruition because we feel we are getting half a story. We will be pulling out if dates aren’t considered soon, so we can extend our lease with our house. Buyers market or not, this house took nearly 3 months to sell and we are in a location where the searches are 12 weeks. So, they won’t even make the September cut off. Do we want to do that? Absolutely not. If it’s the difference between my children having a roof over their head or not, it’s not my issue. Not when we were clear from the start.

When you're buying a house the onus is mostly on you. You're doing the mortgage application, you're booking the survey, you're doing the searches. How quickly the purchase completes is mostly down to those things. All the vendor has to do is send the MOS and answer enquiries. 

You can be as "clear" as you want, at the end of the day a house transaction takes as long as it takes.  If you want to move on a specific date, make sure you buy early enough to allow for that to happen and even then nothing is guaranteed. The vendor cannot rush things along.

What’s your point? We’re ready thanks. We have all of our searches back (expedited in fact). Our mortgage offer in three days. We are ready to go. Did our bit considering the memo of sale stated ASAP. Lots of promises that the vendor would break the chain, get cracking, etc, etc. We did exactly that.

We in fact, moved too fast and have clearly caught the seller’s solicitor off guard. That’s not our problem. We were very clear, we were very upfront, we were told to get cracking. We did just that, the vendor doesn’t even have a homebuying survey booked until next month. Two and a half months into the process.

If the sale falls through, it’s no fault on our part. 

My point is that people also move at their own speed. Your date limitations don't matter to a vendor, that's literally your problem. 
The vendor has their own plans as well and their plans / needs matter more to them than you do.

You have a choice, you either wait or find something else. Pick one.

That's really not how I see house buying or selling. It is the vendor who needs to sell, otherwise why have it on the market at all. Vendors are so lording it at the moment (not op). 

Of course the buyers dates matter to the vendor!!! 

Techyteacher

lookstraightahead said:

eidand said:

Techyteacher said:

eidand said:

Techyteacher said:

You’re not our vendor, however you could’ve been.

We feel like we’ve been led down the garden path if I’m honest. They aren’t mortgaged at the moment so are probably happy to stay! 

We were very clear on our need to move before September or not at all. This is the difference between finding the correct school and being homeless. If we are fobbed off and don’t officially ask for a post service lease. Court proceedings for eviction begin, potentially scuppering our mortgage to boot.

We are being told one thing, with all the signs pointing to another. “Oh yeah, July looks fine,” when it seems September was the plan all along. The EA doesn’t even bother to respond when it gets awkward. This new delay came to light and they didn’t seem bothered about getting back to us. Which again, points to the assumption they are saying one thing and something else is going on.

We were ready, no messing for a straightforward purchase which hasn’t come to fruition because we feel we are getting half a story. We will be pulling out if dates aren’t considered soon, so we can extend our lease with our house. Buyers market or not, this house took nearly 3 months to sell and we are in a location where the searches are 12 weeks. So, they won’t even make the September cut off. Do we want to do that? Absolutely not. If it’s the difference between my children having a roof over their head or not, it’s not my issue. Not when we were clear from the start.

When you're buying a house the onus is mostly on you. You're doing the mortgage application, you're booking the survey, you're doing the searches. How quickly the purchase completes is mostly down to those things. All the vendor has to do is send the MOS and answer enquiries. 

You can be as "clear" as you want, at the end of the day a house transaction takes as long as it takes.  If you want to move on a specific date, make sure you buy early enough to allow for that to happen and even then nothing is guaranteed. The vendor cannot rush things along.

What’s your point? We’re ready thanks. We have all of our searches back (expedited in fact). Our mortgage offer in three days. We are ready to go. Did our bit considering the memo of sale stated ASAP. Lots of promises that the vendor would break the chain, get cracking, etc, etc. We did exactly that.

We in fact, moved too fast and have clearly caught the seller’s solicitor off guard. That’s not our problem. We were very clear, we were very upfront, we were told to get cracking. We did just that, the vendor doesn’t even have a homebuying survey booked until next month. Two and a half months into the process.

If the sale falls through, it’s no fault on our part. 

My point is that people also move at their own speed. Your date limitations don't matter to a vendor, that's literally your problem. 
The vendor has their own plans as well and their plans / needs matter more to them than you do.

You have a choice, you either wait or find something else. Pick one.

That's really not how I see house buying or selling. It is the vendor who needs to sell, otherwise why have it on the market at all. Vendors are so lording it at the moment (not op). 

Of course the buyers dates matter to the vendor!!! 

lookstraightahead said:

eidand said:

Techyteacher said:

eidand said:

Techyteacher said:

You’re not our vendor, however you could’ve been.

We feel like we’ve been led down the garden path if I’m honest. They aren’t mortgaged at the moment so are probably happy to stay! 

We were very clear on our need to move before September or not at all. This is the difference between finding the correct school and being homeless. If we are fobbed off and don’t officially ask for a post service lease. Court proceedings for eviction begin, potentially scuppering our mortgage to boot.

We are being told one thing, with all the signs pointing to another. “Oh yeah, July looks fine,” when it seems September was the plan all along. The EA doesn’t even bother to respond when it gets awkward. This new delay came to light and they didn’t seem bothered about getting back to us. Which again, points to the assumption they are saying one thing and something else is going on.

We were ready, no messing for a straightforward purchase which hasn’t come to fruition because we feel we are getting half a story. We will be pulling out if dates aren’t considered soon, so we can extend our lease with our house. Buyers market or not, this house took nearly 3 months to sell and we are in a location where the searches are 12 weeks. So, they won’t even make the September cut off. Do we want to do that? Absolutely not. If it’s the difference between my children having a roof over their head or not, it’s not my issue. Not when we were clear from the start.

When you're buying a house the onus is mostly on you. You're doing the mortgage application, you're booking the survey, you're doing the searches. How quickly the purchase completes is mostly down to those things. All the vendor has to do is send the MOS and answer enquiries. 

You can be as "clear" as you want, at the end of the day a house transaction takes as long as it takes.  If you want to move on a specific date, make sure you buy early enough to allow for that to happen and even then nothing is guaranteed. The vendor cannot rush things along.

What’s your point? We’re ready thanks. We have all of our searches back (expedited in fact). Our mortgage offer in three days. We are ready to go. Did our bit considering the memo of sale stated ASAP. Lots of promises that the vendor would break the chain, get cracking, etc, etc. We did exactly that.

We in fact, moved too fast and have clearly caught the seller’s solicitor off guard. That’s not our problem. We were very clear, we were very upfront, we were told to get cracking. We did just that, the vendor doesn’t even have a homebuying survey booked until next month. Two and a half months into the process.

If the sale falls through, it’s no fault on our part. 

My point is that people also move at their own speed. Your date limitations don't matter to a vendor, that's literally your problem. 
The vendor has their own plans as well and their plans / needs matter more to them than you do.

You have a choice, you either wait or find something else. Pick one.

That's really not how I see house buying or selling. It is the vendor who needs to sell, otherwise why have it on the market at all. Vendors are so lording it at the moment (not op). 

Of course the buyers dates matter to the vendor!!! 

Some of the comments on here are truly hilarious. 

In our circumstances we:

*Agreed a move ASAP it’s on the Memo of sale and we are ready.

*If we haven’t moved by September something has gone wrong (vendor).

*We cannot complete after September. We either need to leave or agree a lease extension before then.

*We were upfront about all of this.

*We were told to crack on and if the onward purchase didn’t match up, it didn’t matter.

*We did all of this and after starting the process on the 1st of May, they don’t have a house buyer survey on their purchase until next month?

*Told we were aiming for a July completion.

*Now September is being thrown about.

*We said we are pulling out if it’s September.

*Seller would fail to complete before the SDLT hard cut off because of searches in our area. 

Yet we are being unreasonable? Totally deluded. 

eidand

lookstraightahead said:

eidand said:

Techyteacher said:

eidand said:

Techyteacher said:

You’re not our vendor, however you could’ve been.

We feel like we’ve been led down the garden path if I’m honest. They aren’t mortgaged at the moment so are probably happy to stay! 

We were very clear on our need to move before September or not at all. This is the difference between finding the correct school and being homeless. If we are fobbed off and don’t officially ask for a post service lease. Court proceedings for eviction begin, potentially scuppering our mortgage to boot.

We are being told one thing, with all the signs pointing to another. “Oh yeah, July looks fine,” when it seems September was the plan all along. The EA doesn’t even bother to respond when it gets awkward. This new delay came to light and they didn’t seem bothered about getting back to us. Which again, points to the assumption they are saying one thing and something else is going on.

We were ready, no messing for a straightforward purchase which hasn’t come to fruition because we feel we are getting half a story. We will be pulling out if dates aren’t considered soon, so we can extend our lease with our house. Buyers market or not, this house took nearly 3 months to sell and we are in a location where the searches are 12 weeks. So, they won’t even make the September cut off. Do we want to do that? Absolutely not. If it’s the difference between my children having a roof over their head or not, it’s not my issue. Not when we were clear from the start.

When you're buying a house the onus is mostly on you. You're doing the mortgage application, you're booking the survey, you're doing the searches. How quickly the purchase completes is mostly down to those things. All the vendor has to do is send the MOS and answer enquiries. 

You can be as "clear" as you want, at the end of the day a house transaction takes as long as it takes.  If you want to move on a specific date, make sure you buy early enough to allow for that to happen and even then nothing is guaranteed. The vendor cannot rush things along.

What’s your point? We’re ready thanks. We have all of our searches back (expedited in fact). Our mortgage offer in three days. We are ready to go. Did our bit considering the memo of sale stated ASAP. Lots of promises that the vendor would break the chain, get cracking, etc, etc. We did exactly that.

We in fact, moved too fast and have clearly caught the seller’s solicitor off guard. That’s not our problem. We were very clear, we were very upfront, we were told to get cracking. We did just that, the vendor doesn’t even have a homebuying survey booked until next month. Two and a half months into the process.

If the sale falls through, it’s no fault on our part. 

My point is that people also move at their own speed. Your date limitations don't matter to a vendor, that's literally your problem. 
The vendor has their own plans as well and their plans / needs matter more to them than you do.

You have a choice, you either wait or find something else. Pick one.

That's really not how I see house buying or selling. It is the vendor who needs to sell, otherwise why have it on the market at all. Vendors are so lording it at the moment (not op). 

Of course the buyers dates matter to the vendor!!! 

This has to be a wind-up, surely. Thanks for the laugh

Titus_Wadd

Isn't it just a negotiation and reaching a date that suits every member of a chain; that's just how house selling works in England & Wales.  It's an imperfect system and involves compromise.  We were in a short chain but the buyers buying our buyers house were adamant they had to complete in November or January; no idea of the reason.  We were flexible but every date suggested was refused until two days before Xmas.  Bingo!  It turns out there was a date in December they could do.  As a seller there's a helplessness when a party outside your immediate vendor and purchaser is making threats to break a chain and you have no influence. 

It's stressful but, the more adaptable you are, the easier it is for all concerned.  I can't imagine losing out on a home I want and losing search fees and survey costs the sake of a few days overrunning my preferred completion date.  Are you really invested in this being your new forever home OP?  Five years down the line you won't give this a second thought.  Negotiate a completion date and move in; no one responds well to an ultimatum if there are factors beyond their control.  No one is doing it to you; it is what it is.

Ricky116

This is such an odd discussion.

One party (techyteacher, the buyers) are ready to go, were clear in an approximate and realistic desired completion date/month, and a deadline they wouldn't be able to proceed past. They were told "ok, no problem".

The other party (the vendors) have waited two+ months, then decided they can't make that deadline because they haven't put any effort in.

And the buyer is told in this thread "this is your problem, not theirs". What kind of response is that, lol. 

When you're buying a house the onus is mostly on you. You're doing the mortgage application, you're booking the survey, you're doing the searches. How quickly the purchase completes is mostly down to those things.

This is completely bonkers. Have you read that the buyers are ready, yet they didn't magically wake up in the vendor's house today (weird, right!), because the sellers have told them they aren't ready. I'm so confused.

lookstraightahead

eidand said:

lookstraightahead said:

eidand said:

Techyteacher said:

eidand said:

Techyteacher said:

You’re not our vendor, however you could’ve been.

We feel like we’ve been led down the garden path if I’m honest. They aren’t mortgaged at the moment so are probably happy to stay! 

We were very clear on our need to move before September or not at all. This is the difference between finding the correct school and being homeless. If we are fobbed off and don’t officially ask for a post service lease. Court proceedings for eviction begin, potentially scuppering our mortgage to boot.

We are being told one thing, with all the signs pointing to another. “Oh yeah, July looks fine,” when it seems September was the plan all along. The EA doesn’t even bother to respond when it gets awkward. This new delay came to light and they didn’t seem bothered about getting back to us. Which again, points to the assumption they are saying one thing and something else is going on.

We were ready, no messing for a straightforward purchase which hasn’t come to fruition because we feel we are getting half a story. We will be pulling out if dates aren’t considered soon, so we can extend our lease with our house. Buyers market or not, this house took nearly 3 months to sell and we are in a location where the searches are 12 weeks. So, they won’t even make the September cut off. Do we want to do that? Absolutely not. If it’s the difference between my children having a roof over their head or not, it’s not my issue. Not when we were clear from the start.

When you're buying a house the onus is mostly on you. You're doing the mortgage application, you're booking the survey, you're doing the searches. How quickly the purchase completes is mostly down to those things. All the vendor has to do is send the MOS and answer enquiries. 

You can be as "clear" as you want, at the end of the day a house transaction takes as long as it takes.  If you want to move on a specific date, make sure you buy early enough to allow for that to happen and even then nothing is guaranteed. The vendor cannot rush things along.

What’s your point? We’re ready thanks. We have all of our searches back (expedited in fact). Our mortgage offer in three days. We are ready to go. Did our bit considering the memo of sale stated ASAP. Lots of promises that the vendor would break the chain, get cracking, etc, etc. We did exactly that.

We in fact, moved too fast and have clearly caught the seller’s solicitor off guard. That’s not our problem. We were very clear, we were very upfront, we were told to get cracking. We did just that, the vendor doesn’t even have a homebuying survey booked until next month. Two and a half months into the process.

If the sale falls through, it’s no fault on our part. 

My point is that people also move at their own speed. Your date limitations don't matter to a vendor, that's literally your problem. 
The vendor has their own plans as well and their plans / needs matter more to them than you do.

You have a choice, you either wait or find something else. Pick one.

That's really not how I see house buying or selling. It is the vendor who needs to sell, otherwise why have it on the market at all. Vendors are so lording it at the moment (not op). 

Of course the buyers dates matter to the vendor!!! 

This has to be a wind-up, surely. Thanks for the laugh

As a buyer and a seller, I find your comments equally hilarious.

suziebear1985

I am completely happy and willing to accept ANY completion date at this point, even if it means me breaking the chain and putting all my stuff in storage and finding temporary accommodation. I have also been on the solicitors tail all the way through the process to move things along. The fact is they are threatening to withdraw when the process has only been going on for a total of 8 weeks and it is THEY who are not ready for exchange. I cant do anything until I'm approached with a completion date from their solicitor and they are in fact in a position to proceed. I've responded to the enquiries so all being well I'm hoping I can give them the completion they want in the next 4 weeks. Just seems bizarre they are threatening me when it is their own solicitor who isn't ready with the documentation!.

GDB2222

I don’t quite understand why you have posted here? Do you just want to sound off? If so, fair enough.  There seems to be no particular question that you want an answer to. 

These sales are all a bit of give and take at the best of times, and the conveyancers are overwhelmed at the moment, so it’s taking even longer than usual. I’m not surprised that people are getting frustrated.

Did you say that the buyer is pregnant? I have no idea how late in pregnancy is actually too late to move? I’d have thought that the buyers might well want to be settled by the third trimester. So, if they say that’s their deadline, maybe they mean it, and they’re going to stay where they are until after the birth?

suziebear1985

Maybe I am just sounding off. I guess if there is a question it is whether the buyer is being unreasonable as that will determine my actions. Bearing in mind no date was discussed, I had no idea anyone was pregnant, I'm not delaying anything and it is all in the hands of the solicitors 

GDB2222

I've lost track of the timescales in your case, but lots of people don't announce pregnancy  during the first trimester, because of  the chance of a miscarriage.