Our vendors want to put the house back on the market as they think that we are being too slow in the house buying process. Our offer was accepted on 1 October and to date we haven?t got a mortgage offer. We had to change mortgage providers half way through the process as they kept messing us about. The estate agent and vendor were aware of this.
4 weeks after our offer was accepted the vendor threatened to put the house back on the market as no survey was carried out and they felt that we weren't committed to the property. We then hurriedly arranged a survey even though we were in between mortgage providers just to keep them happy.
I received a phone call yesterday from the EA informing that the vendors want to put the property back on the market as we've had no mortgage offer. I explained that we are doing all that we can and there isn't anything more that WE can do in order to speed up the process. The mortgage company are slow in requesting information etc.
On the legal side, the solicitor appointed by the bank has just started doing the searches and they are absolutely rubbish. EA is complaining that he can?t get hold of my solicitor ( and neither can I) as he needs to check the progress in order to report back to his client.
My colleagues said to go back to the estate agent and just ask them outright whether the vendors wants to sell us the property as they have threatened on several occasions to put the property back on the market. So what do you think? And what would you do?
Also, I have been very honest with the estate agent ? is that wise?!
Help please!
Please or to access all these features
Please
or
to access all these features
Join our Property forum for renovation, DIY, and house selling advice.
Property/DIY
Vendor wants to put property back on the market - WWYD?
40 replies
LondonSuperTrooper · 29/11/2012 14:53
OP posts:
Don’t want to miss threads like this?
Weekly
Sign up to our weekly round up and get all the best threads sent straight to your inbox!
Log in to update your newsletter preferences.
You've subscribed!
Please create an account
To comment on this thread you need to create a Mumsnet account.