DIFFICULTY SELLING

wiseoldbird77

I am selling my flat. It has taken 6 months for the buyer to get a mortgage! The agent's broker has been useless. The flat is in a converted office but the buyer must have described it as an ex local authority one. After 3 failed attempts the broker let this slip in an email. I had given the agent the correct information from the start. I researched this and sent loads of lender's names to the agent. 

I have been in touch with a broker that's good and am thinking of asking the buyer to get in touch with them but I've only had contact with the buyer thru the agent.

Any body got any helpful ideas?

gwynlas

If the buyers secured a mortgage as you have said why would you need to put them in touch with somebody else/

sgthammer

I don't think the buyer has secured a mortgage yet, that seems to be the problem.

Is there really only one bidder? OP might be better advised to pull out of the whole fiasco and start again.

wiseoldbird77

I had 2 really good offers at the beginning, (Nov 24), accepted one and it was all going thru but they pulled out with some excuse. Put it on the market again, had a few viewings and this buyer made an offer which I accepted. It's not so easy to get a mortgage on some property and the agent's recommended broker seems very inexperienced. I have been told they have got a loan from a lender and have been told the lender's name.
It's all been going on for so long and I am elderly. Might have to just accept.

ReadySteadyPop

sgthammer said:

I don't think the buyer has secured a mortgage yet, that seems to be the problem.

Is there really only one bidder? OP might be better advised to pull out of the whole fiasco and start again.

Not sure how that brings more bidders, unless you mean drop the price?

sgthammer

I didn't necessarily mean drop the price. It sounded as though the OP was being strung along by a fairly useless estate agent's equally useless preferred bidder, and the best option would be to get out of the weeds and relist somewhere else.

If that's not the case and the situation is now resolved, well and good. Take the money and run.

Uriziel

Drop the price and once you have new bidders drop the buyer.

ReadySteadyPop

sgthammer said:

I didn't necessarily mean drop the price. It sounded as though the OP was being strung along by a fairly useless estate agent's equally useless preferred bidder, and the best option would be to get out of the weeds and relist somewhere else.

If that's not the case and the situation is now resolved, well and good. Take the money and run.

Ok, makes sense.