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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

First time buyer help

34 replies

dnilasor · 19/10/2018 11:36

I'm a FTB and had my offer accepted on 6th July (full asking price). Since then it has been a horrible 16 weeks of delays and stress.
I bought as no chain, we were aiming to complete first weekend of September as my rental tenancy ended on 9th Sept. Vendor's solicitors are crap and slow and so this date was not achievable. Instead we aimed for 30th September - the date when I would officially be homeless. I was able to stay with my brother in September however he moved out on the 30th to go to Australia. I do not have any parents nor do I have contact with other family members so it has been really difficult as I've not had anywhere to stay and I have ended up on friends sofas/floors for the past 6 weeks, something I'm rather fed up of now.
As we approached end of Sept., the seller decides to tie in an onwards purchase which has never been involved before, and she is at very beginning of process with this, which would delay me a further 4-6 weeks again with no where to stay.
I said if its not completed by 19th October then I will pull out - I am in no need to buy at this moment in time and it has been one of the most stressful periods of my life not having anywhere to live. The seller agrees to aim for this date even if it means breaking her chain - however later suggests she would like me to pay for her possessions to go in storage if she has to do this...can you believe!

Start of this week (target completion week) and everything is good to go from my side however it has all been very quiet from vendor's side...I chased on Thursday only to be told they are not ready to complete this week and should be able to next week - as apparently the seller would like to complete Friday 26th as this is convenient for her (half term, gives her time to pack etc) which made my blood boil. She knows how desperate I am to get in as I now dont have any options left for living and will have to pay for hostel/hotel after this weekend. Im finding it really difficult to comprehend how she can be putting me through this when she can easily stay with parents as originally planned, I dont have that luxury and cant help but feel such hate towards her for not having any compassion towards my personal circumstances.
I feel like I'm being forced to succumb to whatever the seller wants, meanwhile I've got my stuff stored all over the place and have a case and a binbag of clothes I've been having to transport round for the past 6 weeks (without the aid of a car) to 5 different people's houses. Each time I speak to the estate agent she is very rude and patronising, and has on 2 occasions left me in tears and I cant help but feel they think I am a bit of a doormat cos I'm a FTB and dont know what Im doing, and dont really have any parents fighting my corner.
Im so fed up of it now Id rather just go and rent somewhere and everytime a date is suggested it always seems to be pushed back and delayed. I know Id lose my fees but that's something Im ok with, as no amount of money is worth the stress Ive been faced with.

Any advice?

OP posts:
Alfie19 · 19/10/2018 13:12

I think you need to stop feeling sorry for yourself and start looking out for yourself. The other party doesn't need to worry about where you are living or your situation, it is you that needs to do this and negotiate harder to protect your own interests.

That said, trying to get £5k off the price is not something I would do as I think that is low handed. Your living costs are not IMHO, her responsibility either. I would however, have probably pulled out or threatened to pull out unless my demands for meeting dates were met, a long time ago.

I would maybe not pull out today, but I would say that you want to exchange by say Tues / Wed with a completion date of Friday and if not done by then you are out. Then give it a break until the new year.

sahknowme · 19/10/2018 13:15

That's not unreasonable at all. Give them three options:

  1. complete by x date at agreed price
  2. complete by y date at discount
  3. drop out now

Make sure you state the original date you sent your offer, so it's clear how long you were waiting. And make sure the email goes to everyone involved (your solicitors, their solicitors, the estate agents and them direct if you can.

Stand firm - you are definitely not BU (though you were U to give notice on your rental before exchanging)

poobumwee · 22/10/2018 13:41

what happened OP?

dnilasor · 22/10/2018 13:57

UPDATE:

They refused any form of price reduction. My solicitor asked them for an ‘allowance’ of a few hundred pounds as a gesture of good will towards my living costs as I’ve been put out by constant change in dates.
Sellers solicitor said they ‘will certainly not entertain the idea of an allowance’.
So I’ve just had to suck it up and leave it, everything has been the sellers way or the highway! We are completing this Friday fingers crossed.

OP posts:
pacempercutiens · 22/10/2018 14:07

Have you exchanged contracts then?

Bluelady · 22/10/2018 14:15

They've bastards, OP, hope karma bites their arses. Have you exchanged yet?

reservoircats · 22/10/2018 14:20

This sounds truly awful OP, given that you are in such an advantageous position being a FTB. As PP said, I hope Karma bites their arses. What goes around comes around.

dnilasor · 22/10/2018 14:30

Exchanging contracts today. Me too, I really hope they get karma. Whilst reading all the documents I also discovered she signed something on 17th Aug stating she would be tying an onwards purchase in (I found this out last week of Sept) and that she wanted to complete Fri 26th Oct.

If only I'd known this all along! Would have saved a lot of unnecessary stress.

OP posts:
poobumwee · 23/10/2018 13:03

did you exchange OP?

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