What reasons would you pull out of a house sale a week before it’s due to complete?

[Ginbutholdthetonic]

Yes, this is drip feeding, but I want to know if my reason come up a lot without putting words into your mouth.

for some context, we sold our house last September, moved out of it and have been renting from a acquaintance since February, due to get the keys next week.

What reason this close to the end would have you pulling out?

By house sale I mean buying a new build, no previous owners to mess up a chain for.

Delay upon delay for stupid reasons

Probably only a major death or illness, job loss or possibly a simple change of mind ( though I don't think id let it get that far in).

If you were moving to a new city/region and a job offer fell through maybe?

The vendors in the chain above yours pulled out?

Realising they can get more for their money if they put it back on the market (greedy arseholes)?

Dream house came up somewhere else? New personal circumstances that make it a less than ideal house? Changes on finances? Realised there are neighbours from hell? It's not ideal but ultimately if you don't want to live there anymore it's a big expense to get wrong!

Job loss so unable to proceed.
Divorce.
Transfer to another part of the country or world.
Why?

Found something bad out about the local area?

Major relationship breakdown?

It would depend if I had exchanged contracts, if I had then it would have to something really major to warrant losing my 10% and legal fees etc. Probably a life threatening illness.

Discovered issues with build quality?

Job loss or other drastic change of circs
Sudden “pregnant with triplets” discovery and need somewhere bigger
Lottery win or inheritance so I could buy somewhere better
Dream house became available
Divorce
Ghosts told me to

poor builder reputation

So what is it OP?

Yes, major change of life circumstances - bereavement, relationship breakdown, redundancy, terminal illness maybe?

Or if solicitor found major legal problem with xxx thing.

Or developer was found to be dodgy, convicted of some bad practice.

A previous seller pulled put because they had changed their mind about selling their 4 bed house to live on a canal boat. Seriously. The week of exchange.

We had a seller pull out days before completion as they found out information regarding a neighbour in the street. We had no knowledge of the things the neighbour had been up to but it was published in the paper and the meant to be buyer read it. At the time I was heartbroken but we sold it again quite quickly. That's a very rare situation though I imagine.

Major change of circumstances.

Dodgy builder

Finding out something major about the area I was moving to like a landfill being built in the field next you.

My cousin lost her job unexpectedly and had to pull out of a sale. She was devastated.

Do you mean before exchange of contracts? In that case pretty much any reason at all. There's no legal commitment.

If you mean after exchange that's much more serious. By then you've promised to buy it. I'd only pull out if the terms of the contract allowed me to do so.

Our buyers pulled out out of our house purchase the day before exchange because they saw an article on the news that the next village had been suggested as a possible site for nuclear waste ten years ago and it had been decided against .

They were outraged that we’d kept this info from them (despite having no idea about it of course). 15 years later there’s still no nuclear dump there, and luckily the house sold in the end but it took a year and we’d already signed a rental agreement for our new house, so had to pay both rent and mortgage that whole time. Bastards.

Don’t be them OP.

Ok so I think only one or two people have mentioned.

But there have been lots of complaints about children on the estate just walking into peoples houses, opening front doors, riding bikes around peoples cars (on their driveways), going in peoples gates and through their gardens - parents apparently don’t care hence the complaints. - I have a toddler and a baby and the thought of random children just walking into my home makes me really uncomfortable. I know we can always have the door locked (we should really because i can imagine it won’t be long before my toddler tries to escape!) but even the thought of someone trying my door is just odd.

We’ve waited so long for this, have brought everything and currently live in a tiny rent, all four of us are sleeping in the same room, my toddler on a mattress on the floor beside our bed.

But also, there are no other houses around, there’s a development nearby in a significantly nicer and better location for us, but the house is also significantly smaller and more expensive.

I feel between a rock and hard place 😔

How do you know about these complaints? Is it just local gossip that’s become exaggerated?

You still have said whether you've "exchanged" contracts - ie are legally bound.

Is this being marketed as 'regeneration scheme', we bought brand new in the latest up and coming area..... yeah right, we had lovely neighbours and a little community in our small estate - the ŕeason for that however is because we were all being terrorised by the feral familes boardering our lovely new houses. Kids causing damage, ripping plants out of gardens, slamming metal gates, kicking front doors, banging on cars, then the burglaries started, Id say 70% of houses were targeted that we know of. We sold up after 2 years.
If the info youve been told is 100% accurate I would give it serious 2nd thoughts.

If you have exchanged, you will face financial costs if you fail to complete. Do you believe these rumours? Doors have locks so people can’t just walk into your house 😂