Late April: we made an offer to a house in the local area (London) and the offer was accepted. we were told that the forward chain has formed and just wait for us to end the chain.
May: we put our house on the market and secured a first time buyer within three weeks but then were told that the forward chain has collapsed and need to wait for our vendor to find another property (in London)
Until now our vendor still haven't found anything, neither have they instructed their solicitor to progress with our buying transaction (search/survey) as they don't want to incurred any cost on their end until they found something. So there is little thing can be progressed from our end. Nor they want to take the house off the market or give us any indicative timeline etc.
I start to feel frustrated and not sure how much commitment the seller has to sell and have no idea how much longer the chain can be formed. I have been looking other houses in past 2 weeks and found something interested in (2 of them are chain free). Would it be sensible to try to put an offer to other houses (through other agents) or I should stay put and give the seller more time?
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Should i give more time for the collapsed chain?
3 replies
itdc · 20/06/2015 14:59
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