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Stamp duty and houses on at above threshold

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Comments

  • Gorgeous_George
    Gorgeous_George Posts: 7,964 Forumite
    Part of the Furniture Combo Breaker
    One final offer and walk away from the timewasters

    Good luck!

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • Addy1
    Addy1 Posts: 209 Forumite
    UPDATE

    Couldn't hold on any longer, and after looking at about 15 more properties that weren't that great, we put in a straight offer of 135k. Said it was absolutely our best and final offer, and that we had spent all week getting finance in place.

    Got a phone call today saying it was rejected. They really want 137,500 apparently.

    The EA told vendor he was a fool not to take it for the sake of 2.5 grand, as the house has been on since Aug 07 with no other offers whatsoever apart from ours.

    Absolutely fuming as EA told us vendor would accept 135.

    We are going to have to walk away now, which is very upsetting. I just cannot bring myself in this market to offer only 2k below asking price when it is clear that the vendor is just being stubborn/greedy/stupid.

    Very very upset tonight :(
  • Phirefly
    Phirefly Posts: 1,605 Forumite
    You'll get a call in a few weeks time asking if the offer still stands....
  • Addy1
    Addy1 Posts: 209 Forumite
    Hope you're right....:(
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    They'd be crazy not to.

    I'd give the EA a call in 2 weeks and ask if the vendor will reconsider. :) If they haven't already called.
    Everything that is supposed to be in heaven is already here on earth.
  • Jorgan_2
    Jorgan_2 Posts: 2,270 Forumite
    Addy1 wrote: »
    Hope you're right....:(

    Theres an old saying, if its meant to be, its meant to be. It relates to property as much as anything else.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Phirefly wrote: »
    You'll get a call in a few weeks time asking if the offer still stands....


    I think that's probably right; were I the OP, though, I'd avoid a seller who seems quite unreasonable and start looking at other houses.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • m00m00
    m00m00 Posts: 1,755 Forumite
    I agree with neverdespairgirl, I would walk away from this seller no matter how nice the house is. I'd be worried about them changing their minds further into the selling process, and Addy1 losing out on money spent up until that point.

    I'd be looking for a more 'motivated' seller
    It's a health benefit ...
  • JoJoArmani
    JoJoArmani Posts: 321 Forumite
    they can't really want to move - been on the market that long and no offers... then reject your offer of just £5k off the ask! Madness I'd take 5k off my ask and mines only 95K - because I want/need to move...

    They are pratts - bet they'll take it off the market soon and stay put....

    Best of luck with future searches - you'll find something perfect I'm sure!

    JoJo
    You're my wife now Dave.......
  • gordonstights
    gordonstights Posts: 359 Forumite
    Addy1 wrote: »

    We are going to have to walk away now, which is very upsetting. I just cannot bring myself in this market to offer only 2k below asking price when it is clear that the vendor is just being stubborn/greedy/stupid.

    Very very upset tonight :(

    Sorry :( It's horrible I know, done the same myself. House buying is emotionally draining as you can become very attached to the house you've decided to offer on.
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