What to do…house buying and selling - help!!!

No41edwardianhouse

Slithery said:

I do apologise if I upset anyone with my above comment, it really wasn't my intention.

House buying is just one of those things in life where you have very little control over the timescales, if any. Worrying about things over which you have no control just leads to unnecessary stress for no reason - you'll have a far better quality of life if you just relax and let things take there time.

Totally agree. Thank you also for clarifying about your last comment. Trying my best to relax. 

No41edwardianhouse

Snookie12cat said:

Slithery said:

I do apologise if I upset anyone with my above comment, it really wasn't my intention.

House buying is just one of those things in life where you have very little control over the timescales, if any. Worrying about things over which you have no control just leads to unnecessary stress for no reason - you'll have a far better quality of life if you just relax and let things take there time.

@Slithery are you a stoic by any chance? Lol. It is sound advice though. 

Much more stoic than I can be! 

babyblade41

@No41edwardianhouse,possibly taking things too literally .

I think anyone moving house it is for a good reason , in my circumstances it's because my husband has a major heart condition and the living arrangements in my lovely house are no longer viable .

I love where I am but we are in desperate need for better quality of life , he is waiting to be taken into A & E at this very min as he had an episode this morning ,

Our last buyer pulled out just before exchange about 3 weeks ago so had to start the process all over again with the new buyer 

You have to be prepared for whatever happens as you, too could go through the exact same scenario just before exchange . Its horrid but it happens on a regular basis 

Getting so stressed will not do your own family situation any good at all .you could be in for a bit of a wait , and quite honestly what state will you be in mentally if that happens or worse ?.

The comments from long term knowledgeable posters are giving you the facts as they are, the same way your solicitors are processing the transaction , you are just one of many clients all with the same problems and worries.

People change their minds about doing something especially as breaking a chain and renting is not easy , because maybe they have something equally or more problematic than you are going through 

They may have had a death , illness or something equally as traumatic to make renting impossible ...remember  this chain involves more than you and however annoying it is  it isn't anyone's business as to the reasons why people do the things they do that doesn't fit your timeline .

steampowered

I've read the thread and I'm sorry, but I think you are being completely unrealistic.

You can't go into a 6 property chain and expect a quick transaction. Especially when there is a probate property involved !!

You need to accept that a transaction like this is going to take a long time and relax a bit. If you can't or won't do that, pull out and find another property without a chain. 

user1977

steampowered said:

I've read the thread and I'm sorry, but I think you are being completely unrealistic.

You can't go into a 6 property chain and expect a quick transaction. Especially when there is a probate property involved !!

You need to accept that a transaction like this is going to take a long time and relax a bit. If you can't or won't do that, pull out and find another property without a chain. 

I would agree with this.

OP, you say "we can’t move to rented ourselves". Well, I totally understand why you might prefer not to - but you could. Unfortunately you're in the bonkers system England & Wales has of trying to knit together a whole bunch of transactions into a chain - but you do have the option of stepping out of that.

julicorn

Buying and selling is super stressful. You don't have any control over the actions of others in the chain, but you are in control of your own expectations. And I would argue that being realistic (maybe even erring on the side of pessimistic) is important not just for your own health and well-being, but also for your little one (who will no doubt notice and feel the stress you are feeling too). 
Go forward with the assumption that the process will take about 6 months, and that no one will move into rented, even if they said they will. If it ends up more straightforward, that is a great result, but it's just not how it's working out for most people at the moment. 

Bonniepurple

When we were starting to look around for a new place to buy, I looked up rental properties within our local area.  I looked on Rightmove, OpenRent and Gumtree.  We have two teenagers who can’t share a room (trust me, we’ve tried!), I am physically disabled and my husband is self employed.  We have pets.  I only looked around our immediate area so that the girls could continue at the same school.  The properties I found were (from memory):
2 retirement flats (age 55+)
1 2 bed house that would be a huge squeeze 
1 3 bed that would have cost us a fortune and I don’t think was accessible for me.

There were loads of houses for sale compared to for rent.

The English and Welsh property market is a nightmare.  People will often say that they will go into rented or stay with family- and have every intention of doing so - but then they realise that it’s twice the upheaval, expensive and with limited choice.  Some people will still manage to find a rental, but most others will decide that it’s not for them and their circumstances- often while expecting the rest of the chain to fit in with them.

OP - I completely understand why you don’t want to move twice.  I’ve got friends who have adopted/in the process of matching  and the kids have not had the stability, however you do not know the rest of the chain’s personal issues.  Someone might have wanted to rent but not been able to find a suitable place.  Someone else might have got enough for a mortgage but not pass tenant referencing.  A third might have children who find change difficult.  

It is annoying, but there’s nothing that you can do.  FWIW my children weren’t allowed to view our house until we moved in because of covid.  They used the virtual tour to look and plan their rooms.  That gave them some form of control over the situation.  I don’t know how old your LO is, but could that be useful?

Thrugelmir

Is there a need for another thread? 

https://forums.moneysavingexpert.com/discussion/6342570/have-we-upset-the-seller/p1

Flugelhorn

I agree it is all very tough buying properties but there are lots of other things in life that are stressful - in this case I think it is worth remembering that nothing is guaranteed until the contracts are exchanged and there are people here who have been let down on the day that they were due to exchange