House sold months ago, buyers now want a

Chancers.... tell them a straight no.

I don't think the seller's mortgage statement being disclosed to the seller can possibly be correct. I suspect it happened by mistake if it did happen to a pp. Only the solicitor responsible for settling the outstanding balance needs to know. Anything else smacks of data protection fuck up to me. And yes, completely irrelevant to the morality of gazundering.

So what if they had near zero mortgage? Whether it’s their equity or the banks it’s still not the buyers. I’ve never noticed that section on a form but even if I had it wouldn’t persuade me to behave like that. The price is agreed, haggling at the 11th hour is a joke. And it looks like it was in this case because the buyers are proceeding anyway.

^ told the agent

I wonder if they have introduced themselves to neighbours and it’s them who have disclosed your moving plans?

not UK, but we had purchasers complain at the last minute we had taken down a very large cherry tree which dominated the garden. There had been storm damage so we thought we would just deal to it.

The purchasers (who actually only lived down the road) would have seen this but it was a ploy to try and get a reduction in price. We the agent it didn’t matter to us if they wanted to back out of the sale. It went through.

They have been well advised....arseholes.
Because when my friends arsehole buyer instructed his solicitor to formally withdraw he made a big mistake.
He was liable for all his costs.

My friend duly instructed her EA to contact the underbidder, who was just thrilled.
They were free to move fast and did.
The arsehole was caught for his costs, begged my friend to pay full price, had a tantrum, made a show of himself, majorly upset his wife, all to be the big man.
He lost such a great house too.

Wishing you the best.
Continue to proceed with extreme caution though.

I’ve had this twice. Just pull out and they’ll soon come running back.

Tell them to fuck off and sell it to someone else. They are chances.
when we were selling my daughters house a guy said to me about discount for cash and kept pushing it . We said no , don’t care if it’s cash or mortgage we get the sale price either way. Turns out it was a mortgage, he thought getting a mortgage gave him cash money in his pocket.
we met serious amount of idiots while trying to sell houses

It's not fool proof here though, my buyers delayed and delayed completion and then it was due just before Christmas and they said they couldn't get contractors in over the holiday period so they'd complete after Christmas - and then Scottish Govt increased Additional Dwelling Supplement by 2% to 8% and I expected a new negotiation. But they just pulled out, and I put it up for rent again. Worked out ok as price has gone up considerably since then and I've got good tenants.

Nope - I am NW Kent and both my purchase and my sale went straight to sold signposts!

£11k is huge!

tell them no. Say you’re stretching yourself hugely and can no longer afford the mortgage and stamp duty so will have to re-list

Good for you for keeping your cool, OP, and I hope you get every penny. My ex and I had a buyer gazunder by £23K on a £500K house. The buyer even had the fucking nerve to post a thread on here asking whether they wbu to do it, on the basis that at our age we were "probably mortgage-free and could afford it". We weren't - not by a long chalk - and we were selling because we were splitting up. By the time we'd paid off the mortgage and apportioned the remainder between us, that £23K was over 20% of what I had to put down on my onward purchase, so I'm still not mortgage-free and probably never will be. I know the English system makes such shenanigans quite legal, but when people pull this kind of stunt at the last minute just because they can, it's hard not to hope there's a special place in hell for them.

Yes - and obviously we shopped around but since Grenfeld and the issues over cladding/fire safety and the leaseholder/landlords increased obligations, it is a more complicated process.

What a dirty trick they're trying, OP. Sounds as if you're doing the right thing, giving the buyers a deadline, staying calm and being prepared to put the house back on the market if the buyers don't meet your deadline. People like that are disgusting.

Best of luck, and stay cool if you can xx

If Exchange has happened then that is the price and the date of Completion has to be fixed or you will be looking for compensation, about £10,000 would be fair as they have messed you about. If not you could say unless they Exchange and Complete on certain dates you are going to pull the house off the market and the next price will be £20,000 more! Might concentrate their minds.

I’d have asked them what they were smoking. A refund after exchange of contracts or a sale completes? Er, no.

It’s called a ‘reverse gazump’. The commitment occurs when you exchange contracts. Up to then, either side can pull out or attempt to renegotiate price. Maybe it shouldn’t be legal, but it is.

Ultimately, your choice is to suck it up, or walk away. Sorry.

Someone tried to get £10k knocked off ours. I told the estate agent to use whichever swear words they thought appropriate to tell them that the sale was off. I wasn’t prepared to deal with them anymore regardless of whether they decided to backtrack - they had no integrity.

We then resold within 2 weeks to a couple offer £10k more than the original offer.
I can’t believe how disgusting people are.

Arseholes, frozen prawns under the floorboards on moving out day for me, plus take everything related to the house i.e. instruction manuals for appliances/heating etc. fuck it, take all the lightbulbs too.

100%

Very cheeky of your buyers.

We are selling my ILS house and buyer has had a very good discount already. All is moving forward and now they want another £30k discount. They've been told to bugger off. If they come back again we will put the house back on the market as we're not in any rush to sell. People are chancers.

Not 'every single' agent.

Your agents have a very convoluted method, hence it being interesting. I imagine it keeps somebody in a job though! (When is the swap from under offer to SSTC?)

We had this last October, just prior to exchange of contracts and payment of a 10% deposit. Told the agent to reply exchange within 14 days or we relist. They exchanged and apologised for the delay, cheeky feckers!