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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

AIBU to walk away from this house purchase?

999 replies

Quandaries · 04/10/2020 12:21

Will try to keep this short.

Viewed a house and loved it 6 weeks ago. Ticked all the right boxes and was very good value for what it was. Offered asking price and it was accepted. Survey done, solicitor engaged etc so at the stage where it’s cost us some money.
Booking deposit has been paid but is refundable (not in Scotland).

We have a large deposit and mortgage is ready to draw down. We’re not in a chain.

Our solicitor was chasing theirs for contracts.

On Thursday I got a call from their agent to say they’ve allowed another viewing from a very insistent couple who are cash buyers and offered £8k more.

Agent now wants us to reoffer and increase on the new buyers’ offer so we’ll be paying £12k above what was agreed. He insists that the house will go for even more if it goes back on the market and says that houses are being snapped up before they go on the market as more people are working from home and this village is very popular for those with just an occasional commute.

I’ve had a look at Right Move and can’t see any evidence of anything other than price drops in the area. I accept that there may be houses selling before hitting the market and I don’t have this data.

My heart loves the house. It’s in a stunning village and really ticks all the boxes in terms of schools etc.

My head is saying we’re actually in a better position than the cash buyer as we’re 100% ready to go and can sign this week whereas they will need to have survey done etc.

Head is also telling me that if the sellers are going to screw us for £8k (for context, that’s a bit over 1% of the purchase price we had agreed), they’ll be a nightmare to deal with and it’s only a matter of time until they come back to us either with a new offer from the other bidders, or pushing to put it back on the market.

I’m also guessing that house purchases slow down a bit in winter, and it’s an area where more Covid lockdown measures are likely so putting it back on the market may mean there aren’t many viewings.

For additional context, we can afford to increase our offer. I’m just loathe to get into a bidding war due to how the vendor has sprung this on us.

But I love the house.

YABU- up my offer
YANBU- walk away

OP posts:
Thread gallery
8
NancyBotwinBloom · 08/10/2020 17:19

Fingers crossed for you op Grin

Mumdiva99 · 08/10/2020 17:19

Blatant place marking....also curious as to what the EA wants.

SlopesOff · 08/10/2020 17:20

Does anyone fancy these?

AIBU to walk away from this house purchase?
Oneandzero · 08/10/2020 17:23

@Marmunia1975

This is exciting and I'm totally invested in this thread. I hope they get instant karma! FWIW - my DH got karma. He has been very patient and caring toward an employee with severe mental health issues. However, the employee threatened to kill him, drove home, had a crash, got out of the car and the other car reversed into him, leaving him with broken legs and possible amputations.
@Marmunia1975

Er... he had serious mental health issues.

Someone suffering a mental health illness issuing a verbal threat is not exactly uncommon

And you think this is karma?

Says an awful lot about you

Raera · 08/10/2020 17:28

OP
Please start a new thread before this one fills up.
We all need to know!

LivingDeadGirlUK · 08/10/2020 17:35

The new buyer wants to see the survey.

NancyBotwinBloom · 08/10/2020 17:46

@LivingDeadGirlUK I think your right!

freeingNora · 08/10/2020 17:55

@LivingDeadGirlUK

The new buyer wants to see the survey.
Well they can bloody well pay for it then with VAT !!
Wherrsmaclickypen · 08/10/2020 18:16

PLEASE NO MORE POSTS
Give OP a fighting chance to make a new thread.
As hard as this is, no more chocolate talk until after your dinner!
and newbies you can RTFT. RTFT.RTFT while you wait.

I appreciate the irony that this is yet another comment but there you go.

SlopesOff · 08/10/2020 18:19

Still a few posts to go. Would be better if people would Watch the thread instead of posting bloody F. That's what it is for.

dexterslockedintheshedagain · 08/10/2020 18:55

@SlopesOff

I know about the palm oil and sugar in the KitKats, but could get round it as it was kind of edible, and the wafers were nice. It's the fact they have totally fucked up the wafers that gets me.

I have nicely rotting Camembert on my kitchen counter but prefer something blue and ripe, Stilton, Cambozola, that sort of thing, must be soft Stilton though, some of them are hard.

Waiting to hear about the agent .....

Keep talking, you cheesy minx you Grin
londonscalling · 08/10/2020 19:06

As mentioned earlier, sell the survey to the new purchasers. They've got a bloody cheek. Because of them you've lost a lot of time and money. They then want you to pass them the survey for the house you lost out on because of them!

JacktomyDaniel · 08/10/2020 19:17

I need to know. I'm so invested in this thread. Cheeky bastards

rslsys · 08/10/2020 19:23

We're getting dangerously close to the limit on this thread!

PicsInRed · 08/10/2020 19:29

@LivingDeadGirlUK

The new buyer wants to see the survey.
Haha, probably right. That and the EA has another property, just coming on, not even on right move yet, that they might be able to get you in to see! which is much less nice and overpriced
NancyBotwinBloom · 08/10/2020 19:47

Someone make a new one please , I can't cause I kill threadsShock and tag the op

MaggieFS · 08/10/2020 20:06

Sorry to use up one of the precious last few posts, but it does need to be the OP who starts a new thread to enable her posts in green and filter by OP to work.

oopsiedaisy2 · 08/10/2020 20:28

This thread 😬😬😬

OP posts:
honeybeetheoneandonly · 08/10/2020 20:58

Yay, just in the nick of time OP. Has anyone mentioned white chunky kit Kats yet?

pinkflamingo112 · 09/10/2020 17:09

this really annoys me as we had this but only after had just offered the full amount.I cannot understand the integrity of some people thinking that its ok to do this when you offered the asking price!!The agents are atrocious aswell.I would be tempted to write a note & put it through the door saying you wasn't sure if the agents had made it up ,because if not then you find its unacceptable to ask you to pay more & see whether they reply.Good Luck

CodenameApollo · 09/10/2020 17:35

Quandaries
Thu 08-Oct-20 20:55:34
www.mumsnet.com/Talk/am_i_being_unreasonable/4045677-AIBU-to-continue-running-away-from-this-house-purchase
(again)

CodenameApollo · 09/10/2020 17:36

Quandaries
Thu 08-Oct-20 20:55:34
www.mumsnet.com/Talk/am_i_being_unreasonable/4045677-AIBU-to-continue-running-away-from-this-house-purchase
last one to fill thread

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