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AIBU?

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Begging for some advice on how to get our house to sell... I need a miracle.

225 replies

FeeFee832 · 01/09/2019 21:25

We have been trying to sell our house since April. The bloody thing is taking forever. I am beyond impatient now and don't know what the heck to do... I want our house to sell ASAP.

Side note: House is on at £550,000.
We've had 3 buyers. All chains collapsed.
6 offers between £543,000 and 575,000.

Reduced the house to £550,000 from 575,000. Thinking of reducing again to £535,000 but EA saying wait.

The house across the road sold in 3 days!

Changed EA once as well... apparently the house is perfect, neutral colours, tidy, clean... etc.

HELP ME...

OP posts:
Kitty1184 · 02/09/2019 10:56

I don't think your solicitor should be getting your hopes up like that. We bought from renting this year, our sellers we're moving abroad so there was zero chain and absolutely no issues. Still took 9 weeks from offer to completion.

FairyDogMother11 · 02/09/2019 11:18

I also want to add to the people saying that it's unlikely to complete that quickly. We were first time buyers and not in a chain and it still took 12 weeks start to finish. We had our mortgage/funds ready. A couple of the searches were difficult and there was an issue with the windows not being in keeping with planning which held it up. Admittedly Christmas was in the middle but really that shouldn't have made a huge difference. Depends on all manner of things.

BarbedBloom · 02/09/2019 11:19

I also think they are getting your hopes up. We sold a house to a cash buyer this year who was getting it as a buy to let with builders booked so very motivated. It still took over 9 weeks. Buyer had also shown all of his ID etc, it just took that long.

Onabun · 02/09/2019 11:26

There is nothing you can do about chains collapsing. We lost our buyers twice, we got lucky third time with a cash buyer no chain and it went through in under 3 months. In total it took 9 months.

Now is an awful time to sell with Brexit looming. You just have to wait it out. It will happen.

Mildura · 02/09/2019 11:27

7 weeks is fast, but not impossible.

The only search that could take any significant length of time is the local, and that varies from one local authority to another.

However, there are a great deal of variables involved when selling a house, and an army only marches at the pace of its slowest soldier.

Mittler · 02/09/2019 11:28

I have bought and sold several houses. In one case, it was all done and dusted within 6 weeks, so it is possible. More difficult with leasehold.

Alsohuman · 02/09/2019 11:44

Someone I know was a ftb and bought a probate property. The legal stuff still took nine weeks.

PinkOboe · 02/09/2019 11:44

Our searches took 12 weeks. We were FTB moving into an empty house, nothing could have been more straightforward, it was a very simple transaction, but yeah, 12 week was the minimum timescale due to the Local Authority taking that long to do the searches

FeeFee832 · 02/09/2019 11:52

Well aren't you a bunch of positive Polly's this afternoon... if it sells and completes in 7-8 weeks, fantastic. I just need an offer and close to exchange in 6 weeks, which is do-able at the right price.

OP posts:
FeeFee832 · 02/09/2019 11:53

What happens with the searches? What are they even for?

OP posts:
InterestingView · 02/09/2019 11:54

Ah FeeFee ask your solicitor that one. They are very important as you would know when you bought your house initially.

SoyDora · 02/09/2019 11:55

Our completely chain free, issue free purchase took 13 weeks from offer to completion.

Mildura · 02/09/2019 11:56

Searches explained:

www.comparemymove.com/conveyancing/what-are-conveyancing-searches

Alsohuman · 02/09/2019 11:56

@FeeFee832, what would be the point of misleading you? If none of us has achieved exchange in seven weeks, it does kind of point to it being a rare occurrence.

Mittler · 02/09/2019 11:58

FeeFee, the searches are for things like flooding, mining in the area, Radon gas, etc. They can take ages, but they can also be done relatively quickly. It is worth asking around for recommendations for solicitors who work quickly. Good luck with your viewings.

Mittler · 02/09/2019 11:59

Alsohuman, as I mentioned above, it is possible to get completion, never mind exchange, within 6 weeks of accepting an offer. Unusual, but not impossible. I have done it.

Derbee · 02/09/2019 12:01

You seem to be very otherwise, OP. But as far as 7 weeks for completion goes, your solicitor cannot give any realistic indication of how efficient your buyers solicitor will be. So giving you a confident timeframe of under 7 weeks actually doesn’t mean anything.

FeeFee832 · 02/09/2019 12:01

@InterestingView I didn't buy the house initially, my husband did

OP posts:
FeeFee832 · 02/09/2019 12:02

Thanks @Mildura

OP posts:
FeeFee832 · 02/09/2019 12:04

Do people ever do the searches on their own house, pay the fee and pass to the new buyer to speed up the process??

OP posts:
Kitty1184 · 02/09/2019 12:06

There's literally nothing you can bypass unless you yourself are a solicitor.

AFAIK.

Alsohuman · 02/09/2019 12:07

If anyone other than their solicitor does the searches, the buyer has no redress if things go tits up after the sale. Only a truly bonkers buyer who completely disregarded their solicitor’s advice would do that. Sorry.

FeeFee832 · 02/09/2019 12:09

Ah ok... completely different system in Scotland where I bought and sold my property. My flat went on the market, sold and completed in 6 weeks to a cash buyer.

It's just so different down here!

OP posts:
Kitty1184 · 02/09/2019 12:10

The most stressful thing about house sales is almost everything is out of your control. You literally just have to be patient.

MaMaMaMySharona · 02/09/2019 12:23

I know this won't make you feel better but my DM's house was on the market from June 2016 and didn't sell until June this year. Same thing happened to her, people constantly pulling out (sometimes on the day of exchange), although this was for a variety of reasons.

She has now finally managed to sell the house but it is an awful market at the moment, and the rules around buying/selling in the UK do not help!

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