We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

‘Buyers’ gone silent. What’s going on?

Bronnie
Bronnie Posts: 4,171 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
edited 25 February 2024 at 9:40PM in House buying, renting & selling
Would appreciate any thoughts/advice. 

Friends accepted an offer from chain-free buyers (in rental) just before Christmas. Took a while for them to find a property. At start of Feb, buyers said they were going away for a fortnight mid-Feb and would be looking elsewhere when they returned if things didn’t start moving. 

My friends had an offer accepted on a property to purchase mid Feb and solicitors were instructed. Nobody (agents or buyers solicitors) has had any communications with buyers since then. I can’t believe that people would be so completely out of contact that they couldn’t communicate at least once. 

They were due back last Friday and nothing has been heard. What would you think/do? This has become a source of huge stress. 

TIA
«1

Comments

  • Martico
    Martico Posts: 1,244 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I'd wait at the very least until tomorrow. If they were due back on Friday, it'd make sense for them to check in tomorrow at the earliest
  • user1977
    user1977 Posts: 19,517 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    "Last Friday" meaning two days ago? I wouldn't expect anything to happen over the weekend.
  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    Bronnie said:
    This has become a source of huge stress. 


    The obvious question is why? What's so critical that it cannot wait a few days?  Have your friends obtaned their mortgage? Is the chain complete now? 
  • I presume  that the stress here is being caused by the fact that prior to going away, the buyers were getting impatient about the sellers not having found anywhere to move to? It’s probably not unreasonable to assume that people who were previously getting anxious about lack of progress might consider checking in with their emails a few times while away. I can understand why your friends are now feeling a bit concerned to be honest. Hopefully things will resolve themselves tomorrow! 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • housebuyer143
    housebuyer143 Posts: 4,299 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    edited 26 February 2024 at 11:04AM
    I hope all is well but every time my buyers went silent something was wrong. My house fell through twice.
    It could just be they were enjoying the holiday and will respond on Monday. 
  • Bigphil1474
    Bigphil1474 Posts: 4,042 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    To be fair, I think their buyers waiting 2 months to hear if the sellers had found somewhere is probably more stressful to the buyers. We have been very conscious that our buyer is a FTB, so we made sure we found somewhere pretty quick - less than 3 weeks. They can be a very jittery breed. We've kept them updated through our EA. All looks good at the moment.

    Depends where the buyers are at - if they've had surveys done etc. they might just be sounding off in frustration. If they've nowhere to live in a couple of months, you can maybe understand why.
  • Bronnie
    Bronnie Posts: 4,171 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I presume  that the stress here is being caused by the fact that prior to going away, the buyers were getting impatient about the sellers not having found anywhere to move to? It’s probably not unreasonable to assume that people who were previously getting anxious about lack of progress might consider checking in with their emails a few times while away. I can understand why your friends are now feeling a bit concerned to be honest. Hopefully things will resolve themselves tomorrow! 
    Thanks for your comments. The above comment has it in a nutshell. They’ve been trying to relocate to another part of the country for over a year now. Chains have collapsed twice and money has been lost, hence possibly more worry than normal! I know buying  and selling is rarely easy for either party. Hopefully some news asap. Thanks again 😊
  • ReadySteadyPop
    ReadySteadyPop Posts: 2,067 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Any news ?
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604.1K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.