House sold months ago, buyers now want a

That’s fairly pointless, you can jist say to the agent I am not accepting any reductions, so just reject, but you’d be then surprised if a sale fell through, many people would want to know and think about it, especially if a good reason and potentially negotiate, but putting a clause in agreement with estate agent is utterly pointless unless the agent is buying it. They can’t force the buyer to complete in agreed price.

Yes sure - I meant what are 'decent' reasons. Because a seller pulling out causes as much upset as a buyer pulling out.

Both parties can pull out at any time for any reason up to exchange,

You really need to read the thread, at least the ops posts, means you don’t respond with something she’s already clarified.

Im confused here. Op says that they sold their house "a few months ago" and mention the buyers "getting their new address". So I am assuming the sale is now complete and OPs family are in their new home.. In which case I would not even bother responding on a done deal.

I once bought an item on Ebay and weeks later had the seller contact me to say the item was worth a lot more and I got it for a knock down price. Well sorry chummy. The price is the price. You should have checked at the time. The cheek of some people knows no bounds and its usually better not to respond.

You need to tell them to grow up and fuck off. How damned rude making presumptions about your personal wealth.

Similar happened to me. Buyer asked for £10k off while citing incredibly minor things in the survey. This was several weeks after she'd received the survey too. I said no, put it back on the market and sold it for the same price offered a couple months later.

When can a seller pull out - redundancy or similar financial problem, death or serious illness (although then you could offer to delay first), being messed around by your purchaser.

I had exactly the same. Buyers became a nightmare and started trying to knock thousands off for issues they already knew about and was reflected in the sale price. He had to take the hit but it certainly soured relations

Think it was on here that I read that you can have a clause put in your agreement with the estate agent to say that the price will go unchanged once first agreed. Something like that. No doubt someone will be along to correct that if not quite right.

My friend went through a similar situation at the last minute, was told with a few expletives where to go.

it can happen in Scotland too. The day missives were due to be completed my buyer wanted to drop £25K off his £150K offer. Christmas Eve 9am email - reply by 12pm. We said no. They went elsewhere (to the house we wanted to buy being sold by a lovely elderly lady. small village - heard they did same to her)
Horrible, as definately planned all along.

These are buyers trying it on but in what circumstances do people think it's legit for a seller to pull out of a sale? (Sorry for slight potential derail OP).

People are vile and any agent will tell you that they see it all the time. When we were selling our house two buyers were in a bidding war and the second buyers offered £2k more in the end, but the estate agent told us they’d go with the first buyers as they seem like a nice family and the second guy was very rude and pushy with them and that this is the kind of person who will ask to reduce the selling price for no reason a couple of weeks before completion. Of course we went with the first buyers and had no issues. My SIL had a similar problem, their buyer asked out of the blue that they knock off £10k „due to covid” (it was September 2020). In the end they reduced the price and got the missing money from my MIL because they were worried they’d lose the new house they were buying.

If they already paid solicitor fees they have nothing to gain if they withdraw now, so I’d call the bluff and stick to the original price. This is not because the survey found an issue, they’re just cheeky buggers who are trying their luck at your expense

Agree with post above. EA tells them you are relisting property at a higher price as their survey went well and taking new viewings but they can still exchange at the agreed price if they do so now.

In the process of buying now ourselves and holding our nerve in case anyone decides they want to pay less/ask for more. We have been very very clear with EAs that we won’t play those games and will simply walk away - but we had heard of all types of shenanigans so discussed this in advance. When we offered (we did for several properties) we were clear would wouldn’t mess around.

The behaviour of your buyers is disgusting.

Just relist anyway. No harm

Also agree that this is where your estate agent needs to be earning their money and dealing with them. A week of silence is not acceptable the agent needs to be calling them every day.

God what’s with all the faux confusion over the OP’s use of the term sold. It’s pretty clear from her decryption of the situation where they are with the sale. Jeez some posters are just so tedious!

You’ve done the right thing by saying no, stand firm. You might not be able to pull out but I would instruct the estate agent to resume viewings in the mean time.

Lots of people will try this sort of thing.

forget reasons and ‘fair’ you have a decision to make. Accept it, refuse it, negotiate it.

I would tell my estate agent to manage it. The buyer is playing games. Tell your estate agent to stop them playing games.

but you run the risk if pulling out. Good luck.

It certainly isnt a new thing. 60 years ago my newly wed aunt and uncle were gazumped 😡

The buyers are asking to change the agreed terms - not your fault. The EA is trying it on.

Fuckin' tyrekickers.

I'd pull out and instruct the EA to put the house back on the market.