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Previous owner asking to buy back property!

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Comments

  • grandadgolfer
    grandadgolfer Posts: 397 Forumite
    Third Anniversary 100 Posts Name Dropper Photogenic
    edited 7 May 2022 at 8:47PM
    I think the OP will have to get firm with previous owners on a number of things including tell them to bog off regarding burying the tin in back garden, I get the impression they will keep popping around sending stupid emails/letters etc if not told firmly to get knotted. Or if they insist on the stupid idea of buying house back make sure its a healthy profit i.e. all fees/solicitors etc plus £20k for the hassle
  • NameUnavailable
    NameUnavailable Posts: 3,030 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    I've not read all the responses but going back to the OP, if I wanted to suddenly reverse a sale after completion I think I would at least offer a nice incentive (like all costs plus and extra £5K or so assuming prices hadn't increased) but I wouldn't think of doing it in the first place.

    A polite response basically saying thanks but no thanks is all that is required. I wonder what the sister next door thinks? She might have been glad to see them go!
  • sidneyvic
    sidneyvic Posts: 164 Forumite
    100 Posts Name Dropper
    Section62 said:
    Ath_Wat said:

    Seriously.  I'd ask them "How could you possibly think anyone could accept this?  That I should put myself through so much hassle and effort and take a financial loss just for your benefit?  While you get to be put back in the position you were with no losses at all?  Genuinely, tell me what was going through your head."
    Do you really think that is constructive?  Either as something you might do yourself, or as advice to the OP.

    No wonder there is so much hate in the World if people feel the need to respond like this.

    Just 'Let it go'.
    Thats exactly what the OP should say. There is no way they should be put in this position, what sort of entitled attitude asks to buy a house back for 5k less.... Any half decent individual would at least be offering far more than the OP paid to at least cover their costs. So yes it is constructive, need to make it clear so they dont think they can keep coming back petering, cut them short before they start. ( And I would g8ve up on the bad liberal advise)
  • Tranboy
    Tranboy Posts: 165 Forumite
    100 Posts Third Anniversary Name Dropper
    edited 7 May 2022 at 10:43PM
    Unless the time capsule is hermetically sealed it will fill with water and the mystery contents will be ruined,anyone of a certain age might remember this happened on blue peter , they buried one in 1971 and when they opened it in 2000 it was a soggy mess. As regards the name plate it most definitely should be removed as to leave it in place will give the special couple a tacit acceptance that they will be back in "their" house one day. Expect the sister next door to be giving weekly updates on whats happening to their house....


  • Marvel1
    Marvel1 Posts: 7,439 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Are they having a laugh? £5k less plus all the fees you would have to pay!
  • pinkteapot
    pinkteapot Posts: 8,044 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 8 May 2022 at 7:22AM
    I know I'm just adding to the chorus of people saying the same thing, but I am just so taken aback at this thread!

    I understand their feelings but what gets me is offering you LESS than you paid. I don't know how much the house and therefore your stamp duty was, but our last two house moves have each cost around £20k in stamp duty (mostly that), EA fees, solicitor fees, removal costs... So in our case, at £5k less than we paid, the vendor would have been expecting to just lose £25k so they can have their house back?!!!! They would have needed to offer £20k more than we paid, and then some for the hassle!

    I do feel really sorry for them having these regrets about their move, and understand where they're coming from, but they're absolutely out of touch. 

    If they don't leave you alone, or if the sister makes your lives miserable, I'd consider re-selling to them (but only for a significant premium) but then I've always moved about a lot so am always open to moving again. 

    Hoping they quiet down though and you can enjoy your new home (and feel like it's yours, not theirs!). :) And hoping that relative turns up today to remove their stuff!
  • Slinky
    Slinky Posts: 11,032 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    There's a possibility you may end up with them moving back as a near neighbour at some point as they can't buy your house. Is your house an individual style on your street, or one of others that are similar?

    Our old neighbour previously lived 2 doors the otherside of us. Sold and moved back to their home town, regretted it, and bought the first house that came up for sale in the same street. Identical house, but smaller garden than what they had before.

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