(34 Posts)
Amadrienia Mon 11-Oct-21 16:30:21

I am so upset and fed up with everything, need vent/rant/reassurance/advice, honestly just so upset and can't stop crying and stressing!

We put house on market Sept20, sold pretty quickly but took us ages to find somewhere, Mar21. It wasn't just any house, it's THE house, layout, area, price, schools for my 3y old, everything just great. Fell in love before we even viewed it. We managed to secure it after a quick bidding war, it went within 2 days.

Then problems started, their sellers seller who was top of chain didn't own the access road so there was a few months faff and our buyers pulled out as couldn't wait cause of stamp duty (don't blame them).

We sold within 2 weeks, around June21, and in meantime top of chain collapsed so sellers found a new build which was due to be done Nov21 latest. Off we go!

Today found out our buyers pulled out as couldn't get a mortgage, they were in rented and supposedly already had everything in place, that's why we went with them, accepted lowest offer cause wanted a quick move. WTF didn't anyone check on that, supposedly they got money abroad which is complicating everything and now they can't get a mortgage. 4 EFFIN MONTHS AND NOW THIS COMES UP?

On top of everything I'm 28 weeks pregnant and don't need this shit! Estate agent thinks we'll sell within a week, already got a viewing for tomorrow, but I'm worried about vendors dropping us, don't want to lose that house. sad Basically new build is ready to exchange, we're ready to exchange just need a buyer who won't mess around.

I can't believe the law in this country allows for crap like this, don't know who to blame or yell at and worried about stressing myself out and hurting the baby but if we lose this house don't see how I'll cope...took us 6 months to find it and been checking Rightmove every day since, nothing even comes close and we've been in this mess for over a year now!

OP’s posts: |
LaLaFlottes Thu 25-Nov-21 08:40:49

Congratulations! Nice to see a happy ending - enjoy your new home - in time for Christmas which is nice flowers

Roselilly36 Thu 25-Nov-21 07:49:21

Many congrats, thank goodness you have finally exchanged. Wishing you good health & happiness in your new home.

JSL52 Wed 24-Nov-21 17:41:54

More proof of how rubbish the house buying system is in this country.

PlumManor Wed 24-Nov-21 17:26:44

Wow, I love it when some one comes back and updates. Congratulations 👏

HopeHappy Wed 24-Nov-21 15:19:07

It took me a while to realise this was a slightly older thread, so I was delighted to read your last update! Congratulations OP - time to get packing!

Your buyers are probably thinking "gosh, this house buying lark's easy isn't it?" while you and your vendors are melting in to a pool of adrenaline and sweat!

That sounds all so stressful, so hopefully it will make your dream home all the sweeter for getting it.

I've had a nightmare move before and reading your story makes me so glad I live in a house now that I can envisage being my forever home, as I'm not sure I want to go through that stress again!

Your new home also sounds like your forever home, so take pleasure in the fact that you may never have to do this again!

PicassoInAtoolbox Wed 24-Nov-21 14:40:22

Great news, thanks for the update. I wish you much happiness in your new home.

We went through a similar nightmare with a house sale years ago and vowed never again. Since then we've moved twice and both times we moved out into a rental property ASAP. It's a bit of an upheaval and stressful but it means you're in control and your a very desirable buyer to vendors.


Amadrienia Wed 24-Nov-21 14:10:39

An update: we had a handful of viewings in the week after it all went pear-shaped, had 3 offers and went with same price the previous buyers offered. These ppl were a month in the process already having sold their house. We said we wanted to rush.

A bunch of phone calls followed with no one communicating with anyone even though it was all EAs fault as the person looking after the sale left and didn't give a toss hence no one checked the previous buyers mortgage. All we were worried about was losing our dream home so it was important the vendors were calmed down as they in turn were worried about losing their newbuild.

We answered anything that came our way the same day, had to resend some documents as solicitors lost them angry and after a bunch of faff we exchanged today. Moving date is set for 10th Dec! Took 2 months from offer to completion, our lucky lucky buyers! grin

This whole thing has taken its toll on all of us but now there is finally light at the end of the tunnel. It's been 14.5 months since we first put our house on market, and a few chain collapses and 3 buyers later hopefully it will all work out in a couple of weeks.

Want to thank everyone for their advice and support.

OP’s posts: |
Nondescriptname Tue 12-Oct-21 16:00:16

Can you get a bridging loan so you can buy the house you want while getting the sale done?
Sorry, I actually have no idea of the cost of doing this.

I'm in Scotland where this crap doesn't happen because acceptance of an offer is legally binding.
England should definitely get its act together.

Cindi85 Tue 12-Oct-21 15:51:47

It's a seller's market right now, so I hope you sell again soon. Good luck!

Franklin12 Tue 12-Oct-21 15:37:46

Why do people claim to cash buyers but they are no such thing because it depends on them selling/cashing in something.

Isseywith4witchycats Tue 12-Oct-21 15:29:03

we are selling my MILs flat in essex she died two years ago, it was rented when she went into residential care the renter wanted to buy and near exchange went for a cheaper flat but rented longer till his sale went through, so listed it for sale took £20000 off price for supposed quick sale accepted an offer in February this year supposed to be cash buyers, paperwork has taken forever due to them not supplying documents needed and then three weeks ago one week before exchange they pulled out, turns out they had to sell to be cash buyers and their sale fell through so almost two years later we are back to stage one and having to relist it again

Amadrienia Tue 12-Oct-21 13:21:15

Thanks Lulu, those are all great advice and will make sure I bug DH to keep pestering. I need to focus on my pregnancy and not getting worked up as things have been far from smooth since we started trying to have a family.

So little update: Got 4 viewings between tonight and Thursday.

Vendors are willing to wait for us currently, didn't say how long but if we manage to sell in the next week or two hopefully all will be OK.

EA profoundly apologised, couldn't give a lot of details except when it went to offer it all fell apart. Branch manager will vet everyone personally so this don't happen again.


OP’s posts: |
BlueMongoose Tue 12-Oct-21 13:16:54

When we bought last the HA wanted proof of all our funding from our financial advisor before they'd even deal with our offer.

LuluLefevre Tue 12-Oct-21 12:03:53

Great news about the viewing. We’ve just fixed our chain and so far the chain is holding for our onward purchase we found someone willing to move quickly.

My advice based on what we’ve been through is:

1) you and/or your DH drive it - chase the EA for proof of funds or mortgage and don’t take the house off Rightmove until you have total satisfaction

2) Set the dates you need as part of the negotiation- e.g. you can only accept on offer based on agreement to commit to go all out to exchange on x date and a completion on y date (matching up with the newbuild completion to satisfy your vendors)

3) Ensure your buyers are using a proper solicitor, not a cheap conveyancing outfit. You can ask who they intend to use as part of your consideration of the offer. You can always accept on the condition they use another company if it turns out they are intending to do it on the cheap.

4) if the searches are recent, see if you can get the previous buyers to give or sell them to the new buyers. This could save lots of time getting to exchange.

5) be completely proactive- call the EA, call the solicitor, ask questions - daily if necessary. Don’t trust anyone is prioritising this apart from you!

Wishing you all the luck!!

Amadrienia Tue 12-Oct-21 11:11:00

Unfortunately the previously interested parties are all gone since we accepted these back in June21 so have to start over. Got a viewing 15 min after the house relisted so hope they will like it and offer. Worry isn't selling this place it's losing our dream house. We had a look at bridging loans and unfortunately they're not an option for us. So it's all up in the air now, still don't know what the vendors are thinking, worried they'll lose their new build as know developers wanna complete and move on or go "sod this" and change their mind altogether. But yes, if it all goes to pot it's the EA fault, still trying to think whatever happens is out of our control and try not to stress over it until we know more but keep praying it can still be saved.

Sorry to hear about everyone else's struggles from either side, I agree it's bs the way things work. This is why we only want to try and move one more time but are at mercy of things out of our control as had we known we would've gone with someone else but no one told us.

OP’s posts: |
gogohm Tue 12-Oct-21 07:38:19

Unfortunately this happens. It's down to your estate agent to check they had the funds, we had to take in bank statements and the mortgage con principal last year. I actually think the red flag was them being willing to wait 6 months for you, a normal buyer would not wait for that long - we gave the people we bought from 2 weeks or we would pull out because we actually wanted to move

Eastie77Returns Tue 12-Oct-21 07:28:19

So sorry to hear this. I am on the other side as have had two purchases fall though as the vendors changed their mind. It’s awful all round. Hope you find another buyer ASAP.

MrsCat1 Tue 12-Oct-21 07:27:14

I feel your pain Op. We finally moved last year after our sale fell through twice - once on the day before we were due to exchange. But it was third time lucky so here we are having moved at the end of last year. Hopefully another buyer will turn up quickly and one day soon this will just be a nasty memory.

Idontlike Tue 12-Oct-21 07:09:52

Could you get a bridging loan so you don’t lose the house you want?


pilates Tue 12-Oct-21 07:04:07

I would say the agents should take a large proportion of blame. They should have asked for proof of mortgage AIP and source of funding.

user1471538283 Mon 11-Oct-21 21:15:52

How awful! Get your ea to contact the others who were interested and get lots of viewings. It should sell quickly.

LuluLefevre Mon 11-Oct-21 20:29:37

We lost our buyer last Monday and are under offer again now. Went on Rightmove on Weds, offer by the weekend. It’s so soul destroying but hang in there.

TangoWhiskyAlphaTango Mon 11-Oct-21 19:17:17

It's happened to me too 4 months down the line. The saving grace you have with your purchase is that all of your legal side is done. If your sellers re market they have to go it all again with new buyers. I sold again within 48 hours and it finally went through 3 months later.

YukoandHiro Mon 11-Oct-21 18:24:51

Oh I'm so sorry OP. How bloody frustrating.

I hope you find a new buyer quickly. Definitely not what you need when you're heavily pregnant. Can you put in a clause about not completing around your due date?

We've been on the market twice since Feb this year (still on now) and only had a handful in viewings and no offers. It's soul destroying. We're stuck in a flat we've outgrown with a baby in our room we have no bedroom for.

Amadrienia Mon 11-Oct-21 18:19:45

Thank you everyone for quick replies. I have been reading enough horror stories to know never get your hopes up until you have the keys and I have been trying really hard but this seemed to be a done deal that now we've got emotionally invested and were hoping to plan to move this month not start all over again. head against wall

We never pulled out on anyone as don't want it done to us but we were chased every day for proof of funds before our
vendors would take it off the market and considering we got same estate agent you'd think they would have done the same our end. I mean seriously!

Fingers crossed this person viewing tomorrow will offer, we live in a 9 year old new build which is still under warranty so hopefully shouldn't be much trouble.

Keep hearing everything happens for a reason, just really hard to see it right now the way things are. We will hear tomorrow what the vendors are doing, hope they're willing to wait as we got no intention to mess around. sigh

OP’s posts: |

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