Someone please tell me everything will be ok. Yesterday we received the contract from our solicitor. As soon as we have signed and returned it we are ready to exchange. People above us (top of chain) are also signing their contract so they're ready to exchange too.
Had a call from our estate agent yesterday to say that our buyers are now wanting a full building survey, costing them approx £1000. This was announced yesterday, EIGHT WEEKS after they put an offer on our house. There is nothing at all to suggest that this is necessary from any paperwork or mortgage valuation that had been done, so it hasn't just suddenly come to light. Apparently the buyer wants it for his 'peace of mind' and his solicitor recommended it. Our house is only about 20 years old.
I am SO stressed. My feeling is that he's going to have the survey done, get a snagging list (there is nothing we are aware of that is going to be highlighted other than general 'wear and tear' type stuff) and try to knock us down on price. I have told our estate agent to tell the buyer that there is no room for negotiation no matter what the survey says but he has said that he will not do this. The survey is booked for 26th so we have all of next week to wait, and however long it then takes after that to get the report and whatever else needs doing after that.
The people we are buying from are moving to a new build and the developer's already gone past the 28 day exchange date (15th June). I'm worried that they will pull the plug and it'll all fall apart.
Someone, please tell me it'll all be ok and I can start looking at curtains and being sets again and that our buyers are being complete w***s for dropping this in at such a late stage and that the estate agent is just as bad for not telling the buyer before the survey that yes, he can have it done, but no, there is no negotiation on price.
I am totally, utterly, completely fed up.
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All set to exchange, buyer requests full building survey
21 replies
littlecupcake · 20/06/2015 11:13
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