DH and I had an offer accepted on a property in mid-February. Since then things have been very slow going (we’re the middle link in a 3-part chain and our buyer isn’t exactly pro-active either).
Our issue currently is with the vendor of the place we’re trying to buy. He seems to want to pass all of his costs on to us- first he refused to pay anything towards the lease extension (which wasn’t mentioned to us when the place was being advertised or when we made the offer) which meant adding £10k to the agreed sale price. Then he refused to pay for an electrician to inspect the boiler, and the latest thing is the leaseholder pack- we’ve had to provide one for our buyer which we paid for, but the estate agent told us that because our vendor has had buyers pull out previously he wants us to pay for the leaseholder pack on this property as a sign of good faith, which he would then give us the money back for upon completion. DH refused as this isn’t a cost we are liable for and we’re already having to pay for these things to sell our own property.
This was a couple of weeks ago- since then, as far as we’re aware the vendor still hasn’t requested a leaseholder pack and the sale cannot proceed until we have it; DH has been trying to get hold of the estate agent all week for an update and keeps getting “he’s on the phone, he’ll call you back” or “he had to go straight out to a viewing, he’ll call when he gets back to the office”. Needless to say, he never actually calls back.
It’s getting to the point now where we suspect that the vendor is just holding us to ransom and trying to force us to pay, and if we pay for this then the next expense that he is liable for he’ll expect us to pay for as well. But we’re not made of money.
AIBU to think that either the vendor or the Estate Agent or both are acting in bad faith? DH wants to pull out altogether but there aren’t really any other properties in the area that suit our needs or that we like as much as this one.