Waited so long for house chain too exchange. Now I have second thoughts?

[Sp3849]

So offer accepted on our house 10.09.20
Made offer on new house 19.09.20
Mortgage offer received 30.9.20
We are supposed too be relocating too a beautiful house in a lovely place. We are ready too go and was supposed too be gone before New year as husband was supposed too start new contract down there. My family finally came too term's with us moving away. Date above was proposed for 18th Dec chain above booked removal companies. I was so excited. We was packed but alarm bells started ringing the closer we became. The solicitor below was vague took very long in getting back too mine and then the week before completion emailed too say exchange wouldn't be possible as they weren't ready down the chain. That was it nothing else. So we waited and waited. When everything opened back up on Jan 4th I started hounding still no replies from solicitors below eventually agent got back to me and basically the bottom of the chain didn't have a mortgage in place?! But they have just received one over Christmas. So searches etc for them has only just started. They are hoping too complete end of Jan depending on searches. I am so fed up. My husband has had too let that work contract go, with hotels being shut the commute is 2.5 hours each way. Also the fact we likely won't be moving end of Jan (nothing they have promised has happened) . He has a contract now lined up here for 12 months and will stay here with family in the week and I will be left up there alone with my two children. It was out best option. It's all fallen apart really. I have lost hope. I don't mind being alone. I am used too it too be honest. He has always worked away a lot. I just am starting too wonder if it is the universe telling me too give up 🤔 my husband came home last night and has been thinking the same. Would we be unreasonable too pull out now after all the messing around. Wait a few years and see how we go? or should we stick it out and see what happens? Covid has changed a lot and travelling back too see my family and vice versa will be difficult whilst restrictions are in place. The only reason I am hanging on is because I believe the new location will give my children a better life. It has always been a dream of ours too live there.

I'd pull out. There doesn't seem to be many positives aside from thinking it will give you a better life and with Covid there's no guarantees.
I'd prefer to stay near family and know there's support nearby.

I would pull out too. This has taken too long and your situation has changed.

We had an offer accepted on a conversation flat at a very good price one September. There were so many complications with the lease that we still hadn’t exchanged by January. By which time bad weather and rail strikes showed us it wasn’t the most practical option. So we pulled out. Felt a bit bad for the vendors who would lose the house they’d offered on but not too much as the lease problems were their fault. So if it doesn’t feel right for you I would definitely pull out!

The deal's not done until contracts are exchanged. Pull out if you're not happy. Par for the course in house-buying.

YABU to not know you were in a chain. That is how house buying works. YABVU try and force sale-purchase in one go. There is no need. Here's what you can do instead..

Sell the house. Take the cash. Move into rental. Buy a house, use cash as deposit. Move out of rental.

This is assuming your financial circumstances will allow you to borrow the amount needed as a brand new mortgage for the stand alone purchase. Consult a mortgage advisor if you haven't already.

If it's your dream location and you think it will give your children a better life and you love the house then I'd wait for a few more weeks to be honest. Lots of chains take ages, it doesnt mean there is something fundamentally wrong

My first thought is that your situation sounds like exactly (dates and all) further down our chain (we're at the top, selling a family member's house to pay for their care) and I thought oh god, please don't pull out we're desperate!

However. You aren't responsible for anyone else, if you've not exchanged and it isn't what suits your family any more, pull out. I

@FFSAllTheGoodOnesArereadyTaken

If it's your dream location and you think it will give your children a better life and you love the house then I'd wait for a few more weeks to be honest. Lots of chains take ages, it doesnt mean there is something fundamentally wrong

This is also true though - everything that's happened is, unfortunately, pretty standard in our chaotic housebuying process!

@yelyah22 don't worry that isn't anyone's circumstances above us lol. It's not me x

Hotels aren’t all closed, they have circs they can open for, including for people who need to work.

[quote Sp3849]@yelyah22 don't worry that isn't anyone's circumstances above us lol. It's not me x[/quote]
Hahaha, phew !

In all seriousness though - if it's just that it's an absolute hassle right now (which it definitely is, buying houses in this country is so chaotic) but it will ultimately be right, I'd hang on. If you really do think circumstances have changed enough that it won't be the right choice any more, pull out - it's too big a decision to be stuck for a while before being able to sell again and the housing market is likely to be a little weird for a while so I'd be reluctant to be trying to sell over the next few years if possible!

I'd pull out I think - especially as your reason for going (husband's work) has gone. I get it's inconvenient for everyone, but no point inconveniencing yourself for a bunch of strangers.

I think you should pull out. I pushed and pushed to move into our last house and to be honest I should have left it. I had an absolutely miserable time and it wrecked my mental health.

Definitely pull out.

I would definitely pull out. You will feel relieved when you do.

Just in the spirit of helpfulness, as you wrote it so often, it’s almost always “to”, not “too”. It’s only “too” when you mean “as well as”. I am genuinely trying fo be helpful in mentioning that as it’s a word that is written so often.

I hope you can get closure on this situation soon. Family is important. Other houses will come along.