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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To forcibly ask why you pulled out?

394 replies

MyPeachLion · 01/05/2024 19:25

I am (was!) a cash buyer of a 900k property. We were due to exchange next week. And complete after 2 weeks. We went 30k above asking and 20k above another bidder. No other bidder was a cash buyer. We are about 10 weeks into the sale.

My solicitor informs me this afternoon that the seller pulled out with NO reason given.

Can I turn up to the seller's house and ask the seller face to face why they pulled out? AIBU?

The estage agent did not even bother to inform me, despite the seller telling them last weekend that he was cancelling.

No chain on the seller's end - they have a new build they have already moved into! Seller moved out of their property early last week. We know because we visited the house for kitchen measurements last week!

I rang the EA this morning to get dates so I can get carpet quotes for next week and the EA was on board! Not once did he mention that the seller pulled out.

I am pissed off for not knowing why he pulled out, and for the EA to not inform me of it, and then proceed to play me like a fool by humouring my requests for carpet tradesmen to enter next week.
Were they meant to enter through the cat flap?

Again, is it unreasonable to just face this time-wasting seller and ask them why?

OP posts:
Mirabai · 03/05/2024 11:56

LondonFox · 03/05/2024 11:20

If seller moved out they did not change mind on sale, and if they had higher bidder normally sellers just get back and ask you to match bcs going with new person would prolong sale.
This is why I thought that maybe something came from sellers solicitors.

They may have decided to rent it out instead and wait a while to see if they can get a better price once borrowing rates have gone down.

LondonFox · 03/05/2024 11:20

Rosscameasdoody · 03/05/2024 08:23

They wouldn’t have got as far as exchanging next week if the money laundering checks didn’t pan out. The first thing the EA does when an offer is accepted is to check the source of funds to comply with money laundering laws. IME it takes about a week, and whenever l’ve sold a property, l’ve instructed the EA that after an offer is accepted the property stays on the market until checks on the funding source are complete.

If seller moved out they did not change mind on sale, and if they had higher bidder normally sellers just get back and ask you to match bcs going with new person would prolong sale.
This is why I thought that maybe something came from sellers solicitors.

GoldEagle · 03/05/2024 11:08

Regardless of how much money you were spending, this is shit behaviour from both the seller and the estate agent. I also have to assume you have wasted money on survey and solicitors fees. This is why I think you should be able to claim the costs from the seller. Nothing brings out the green eyed monster more than money and beautiful homes as was demonstrated earlier this week by a mother who asked for advice as her lovely home in a posh area wasn't selling.

Iamwhoiamwhoareyou · 03/05/2024 11:02

Was I the only me who wasn’t expecting a property post given the title? -Thought it was going to be a sex post about pulling out - scooping my mind out the gutter as I type ;)

CalmMintReader · 03/05/2024 11:02

LondonFox · 02/05/2024 21:47

Well most people don't have that much cash around.
Also, when you buy and sell a house your contract needs to have anti-money laundering clause. Any sellers solicitor would question 900k cash. Maybe her source was not credible enough so they pulled off.

It’s not that unusual! Our house is worth about the same and we’ll be mortgage free in two years so we’ll be cash buyers if we sell then rent for a bit before buying another property. Plenty of people are in the same position.

IvorTheEngineDriver · 03/05/2024 10:58

It's over OP. Forget it and move on. They don't owe you an explanation.

CalmMintReader · 03/05/2024 10:55

I would assume someone has come along and offered a lot more money. Nothing you can do sadly.

Donsyb · 03/05/2024 10:05

ReadingSoManyThreads · 02/05/2024 22:52

Oh, I'm perfectly aware that there are plenty of Cheeky Fuckers out there who do this. I'd never do this to anyone. It's intrusive and impatient, and unfair on the sellers.

The sellers are welcome to decline if they don’t want it. I don’t know anyone who has had an issue with it whether they’ve been buying or selling.

when we were buying and went round to measure up for curtains we took them a
bunch of flowers to say thanks. They couldn’t have been that offended as they left us a lovely message and bottle of bubbles when we moved in.

I and friends have been more than happy for people to come and measure up when we were selling. As long as it’s only one visit I think it’s acceptable.

Firethehorse · 03/05/2024 09:07

I’m sorry OP that’s cowardly and unnecessary. You’ve wasted time and money so I doubt all the posters saying you are ‘entitled’ would enjoy this experience themselves.
No you can’t demand an explanation from the sellers but of course you can from the EA, especially regarding why they allowed carpet fitters to measure up already knowing the sale had fallen through.
Estate Agencies are businesses too and I would be wary of buying or selling with this unprofessional outfit ever again. Good luck finding a better place and ensure the sellers are not given a copy of the survey.

MrsCarson · 03/05/2024 08:39

LindorDoubleChoc · 03/05/2024 08:37

Why with the EA? The EA won't have made the decision to withdraw.

He knew they had pulled out and still smiled and let her book flooring people to go in next week. Never said a word.

LindorDoubleChoc · 03/05/2024 08:37

Why with the EA? The EA won't have made the decision to withdraw.

NoraBattysCurlers · 03/05/2024 08:27

Forcibly!?

winniepigdog · 03/05/2024 08:25

Your argument should be with the EA not the vendor.

Rosscameasdoody · 03/05/2024 08:23

LondonFox · 02/05/2024 21:47

Well most people don't have that much cash around.
Also, when you buy and sell a house your contract needs to have anti-money laundering clause. Any sellers solicitor would question 900k cash. Maybe her source was not credible enough so they pulled off.

They wouldn’t have got as far as exchanging next week if the money laundering checks didn’t pan out. The first thing the EA does when an offer is accepted is to check the source of funds to comply with money laundering laws. IME it takes about a week, and whenever l’ve sold a property, l’ve instructed the EA that after an offer is accepted the property stays on the market until checks on the funding source are complete.

Packetofcrispsplease · 03/05/2024 08:18

The estate agent should have informed you as soon as possible and I do think it’s unreasonable of the seller to pull out like this , especially since they’ve moved on now to another property .
I would be fuming but I wouldn’t approach the seller .

maryanne3 · 03/05/2024 08:02

Rosscameasdoody · 03/05/2024 08:00

They hadn’t exchanged but sellers will still be subject to solicitors’ fees and potentially hefty EA fees on a £900,000 property.

Indeed, which is why the Scottish system is better.

Rosscameasdoody · 03/05/2024 08:00

maryanne3 · 03/05/2024 07:38

Had you exchanged contracts? In which case they are subject to penalties. If you had not then they are within their rights. Scottish system is better in this respect, with legal binding much earlier in process. You may have been counting your chickens a bit too early.

They hadn’t exchanged but sellers will still be subject to solicitors’ fees and potentially hefty EA fees on a £900,000 property.

maryanne3 · 03/05/2024 07:38

Had you exchanged contracts? In which case they are subject to penalties. If you had not then they are within their rights. Scottish system is better in this respect, with legal binding much earlier in process. You may have been counting your chickens a bit too early.

Seymour5 · 03/05/2024 07:18

greenlettuce · 03/05/2024 04:46

I think morally and out of politeness the owners should offer an explanation - but you cannot force them to give one.

In a nutshell.

Awwlookatmybabyspider · 03/05/2024 06:55

newmumabouttown · 03/05/2024 06:14

Didn’t we all?!

Good to see I’m not the only dirty minded mare on here then.🤣🤣

Topsyturveymam · 03/05/2024 06:48

A definite ‘no’ to turning up at their front door. In your position Id be frustrated and upset but you can’t harass people on their doorstep.
Id be asking the EA again, on the basis of understanding if there is anything further which you can do to turn this around. If you hit a brick wall with the EA, I might send a short, well meaning letter to the owner saying the same and if they change their mind to contact you on your mobile etc.
Other than that, I just think you have to accept there is nothing further to be done and move on.

Twiglets1 · 03/05/2024 06:23

LondonFox · 02/05/2024 21:47

Well most people don't have that much cash around.
Also, when you buy and sell a house your contract needs to have anti-money laundering clause. Any sellers solicitor would question 900k cash. Maybe her source was not credible enough so they pulled off.

Nonsense, the anti money laundering checks would have been done early on in the process not just before Exchange and done by OPs own solicitor.

@MyPeachLion you’ll never know the reason why the sellers pulled out unfortunately. Sorry this happened to you. But I did enjoy the imagery of someone coming in to measure up via the cat flap.

newmumabouttown · 03/05/2024 06:14

PUGMEISTER21 · 02/05/2024 20:52

Well that was disappointing, i thought this was going to be a sex related thing.

Didn’t we all?!

greenlettuce · 03/05/2024 04:46

I think morally and out of politeness the owners should offer an explanation - but you cannot force them to give one.

QuaintLemur · 03/05/2024 02:10

LondonFox · 02/05/2024 21:50

In normal sellings you get deposit that covers expenses in case someone fucks it.
And if seller pulls of they need to return double the price of deposit you put with solicitors.
That is how I was always buying in England.

Not so. The deposit is paid (usually 10%) when contracts are exchanged. This is often a week or two before completion, but can be earlier or later, sometimes at the same time as completion. It is not refundable. However, you cannot demand that the would be buyer has to repay double.

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