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AIBU?

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To give a deadline for setting exchange date on house purchase?

2 replies

ginghamstarfish · 22/05/2023 22:58

We are buying a house, and currently renting, with most of our belongings still packed up, thinking it was temporary as we were supposed to be buying some months ago. We were let down and had to take another 6 month tenancy. Landlord now wants house back in 6 weeks when the 6 month AST ends. In March we found another house to buy, and explained that we needed to move by X date. Yes fine they said, no problem, they were going to buy a newbuild so no chain, they didn'tneed a mortgage etc. Now it is 8 weeks later and they will not respond to our questions via solicitor about proposed exchange/completion date, which was stated at the start of the purchase process. We have now asked the estate agent to speak to them, and today she said they are waiting to have snagging issues sorted in their newbuild, which could be done next week, or the week after ... so still no date. I am now getting very anxious about this and think they are being very selfish an inconsiderate. The thought of trying to find another rental, at the last minute ( impossible at present), maybe our stuff going into storage, and having to sign another 6 month contract) is just giving me nightmares. So we think there is no option but to give the sellers a deadline and say we will withdraw if it is not met. Anyone done similar and did it work?

OP posts:
annlee3817 · 22/05/2023 23:02

We did similar last August, and it made no difference so we withdrew, it was extremely frustrating, but we were due our second baby and had to move out of our rental and in with my parents and the woman we were buying from just continuously messed us about, we also lost out on our mortgage offer which had already been extended and consequently ended up with a mortgage that cost us an extra £200 a month due to rising interest. We ended up buying a vacant property which we thankfully completed on in just less than eight weeks. So yes, I would definitely be firm.

ginghamstarfish · 23/05/2023 19:25

Thanks, yes feeling very annoyed with them faffing about. Feels like it will not go ahead so started looking again for a rental. A

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