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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

to think these people are messers? (long boring sorry)

7 replies

problemwithhouse · 14/01/2010 09:53

Am posting in AIBU cos want people to see it, have name changed cos is obvious who I am in RL if anyoen reads it.
We are selling our house, accepted offer in middle of november, they had valuation done on 25th Nov.
We did not have anywhere to buy and according to estate agents buyers were "not happy" about this, as they wanted to move fast.
We finally found a house, had offer accepted just before xmas, we filled out mortgage app, got it valued within a week and had our mortgage offer within another week. Now house we are buying is repossession and will not be taken off market until we exchange, so we want to move quickly.
It has Now come to light that our buyers are STILL waiting their mortgage offer to come through, and seem reluctant to chase mortgage company.
Now surely it doesnt take nearly 2 months to get a mortgage offer, do you think these people are messing us about?
Sorry for long story but am totally stressed as REALLY REALLY want this other house. Would appreciate opinions.

OP posts:
EcoMouse · 14/01/2010 09:57

Yes, it sounds like they are messing you around. Are they FTB's or could they be having problems with their current property?

youwillnotwin · 14/01/2010 10:01

This reply has been deleted

Message withdrawn at poster's request.

problemwithhouse · 14/01/2010 10:02

Not FTB, apparently the people buying there house are changing mortgages and having to get another valuation done, which is a pain but doesnt explain why they havn't got their own mortgage sorted, theres about a £70,000 price increase from their house to ours, Im wondering if they dont have the money.

OP posts:
problemwithhouse · 14/01/2010 10:04

I thought mortgage companys only carried out the valuation once they had decided to lend the money, thats what ours did anyway.
Could we sue them if it turns out they never had the funds available in the first place?

OP posts:
youwillnotwin · 14/01/2010 10:13

This reply has been deleted

Message withdrawn at poster's request.

StayingDavidTennantsGirl · 14/01/2010 10:52

Why not give them an ultimatum - either they get their backsides in gear, and are ready to complete by, say, a fortnight hence, otherwise you will put the house back on the market?

nancydrewrocks · 14/01/2010 11:38

TBH it has only been 6 weeks and you have had Christmas/New year in the middle I don't think that is a particularly long time when it comes to buying/selling - unless you are a cash buyer.

I think mortgage companies are really tightening up at the moment and taking a long time to consider and process offers.

It is also becoming increasingly common to valur prior to offer as so many banks will now only loan 60-75% max of value of house and therefore the valuation is much more critical than it was.

Unless there is another reason that you think they might be messing you about I think you should go with the flow: Re marketing your house will take even longer

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