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Original poster

fuck and bollox been gazundered

664 replies

plim · 15/08/2012 21:46

need some advice please, been gazundered two days before exchange by ftbuyers. They dropped their offer by 17k this morning stating the reason that it's going to cost them more than they thought to convert the office, outhouse and to do some remedial work like damp course, electrics and repointing.

The house is an absolute bargain already as we dropped the price by 40k to get a quick sale so we can get the house we want in time for my two children to start schools in september. We previously had tenants in there and they have now left, we have given notice on our tenancy for where we are living and are due to move in two weeks (completion date).

I immediately told the ea to stick it straight on the market and there has already been 3 viewings tonight, meanwhile, ea are trying to salvage the buyers offer by pointing out that there is electrical and damp certificates and a new damp course that was installed three months ago.

I am so, so devastated, don't know where we are going to live and god knows what to do about the kids school!!

fuckity fuck fuck

rant over! :(

OP posts:
AnnabellaFagina · 15/08/2012 21:48

Bastards. Stand your ground.

Shakey1500 · 15/08/2012 21:50

I'd be really tempted to tell them to stick it, especially having 3 further viewings. So soon before exchange is really chancing their arm and they're hoping you'll agree.

Original poster
plim · 15/08/2012 21:55

i know they are bastards. so figgin gutted.

i really want to tell them to stick it up their ass, it was so hard telling the ea to put it back on as we love the house we are buying and the school is lovely but we genuinely can't afford to drop it after the 40k reduction, i think they are trying it on as the wife is 8 months preggers, bet her nesting instinct has kicked in....

OP posts:
RandomMess · 15/08/2012 21:57

Perhaps it was their game plan all along...

starfishmummy · 15/08/2012 21:59

One tip I have read (but not tried) is to ask everyone else in the chain to chip in to make up the shortfall so the chain doesn't collapse. But 17k is a big ask unless it is a very long chain.

Original poster
plim · 15/08/2012 21:59

yes i think so random, very sniffy two days before exchange and the poor woman we are buying from will be gutted as she is divorcing a vile hub and buying with her 3 kiddles. poor woman :(

OP posts:
ChickensArentEligableForGold · 15/08/2012 22:01

I hate this kind of thing. It gives me the Rage. Stand your ground.

JarethTheGoblinKing · 15/08/2012 22:03

Bastards. Tell them to FUCK OFF.

[anger]

Original poster
plim · 15/08/2012 22:03

yep will try, will stand strong and threaten to reveal their identity to mumsnetters....lol.

told them they have until friday before we tell the chain so let's see. is that fair?

OP posts:
Levantine · 15/08/2012 22:11

Sounds fair to me. Keep doing viewings though obv. Bastards

Original poster
plim · 15/08/2012 22:23

will do. hope she has a really big fat 11lber baby with a massive man head!

OP posts:
Montblanc · 15/08/2012 22:31

Definitely stand your ground, they will come crawling back I bet - they will have already spent a lot on fees/searches etc and she's about to drop!

Makes me mad too hearing this OP!!

Levantine · 15/08/2012 22:32

I think they'll be back too

BehindLockNumberNine · 15/08/2012 22:34

I think they will be back. As you say, they are expecting a baby soon, they will want to be settled before that event.
I think they are just trying it on.
Stand your ground!

Original poster
plim · 15/08/2012 22:38

I will keep you posted....fingers crossed!!!!

OP posts:
amistillsexy · 15/08/2012 22:52

They might come back with another offer that is still lower than the price you've agreed, and try to negotiate. Remember, you've already negotiated, when they first agreed to buy the house. Don't give in. The agreed price is the one they have to pay, otherwise no deal.

At 8 months pregnant she'll be desperate to get in the house. I bet they are arguing between themselves over this.

Stand firm!

MrsKwazii · 15/08/2012 22:56

Stand strong, they're taking the piss in a massive way. What an awful position to put someone in.

fairy241 · 15/08/2012 23:02

This reply has been deleted

Message withdrawn at poster's request.

Toughasoldboots · 15/08/2012 23:08

This reply has been deleted

Message withdrawn at poster's request.

MrsJREwing · 16/08/2012 01:12

Links arms. I snorted at baby having big man head.

ThatVikRinA22 · 16/08/2012 01:16

they are sooooooo trying it on!! dont give in, call their bluff!

tedglenn · 16/08/2012 06:42

I am so sorry. Can imagine how you are feeling as have just exchanged on a house in time for a relocation with DS starting reception in September. I would have been devastated in your position.

  1. they are clearly trying it on
  2. she will be going through hell that you haven't capitulated - her hormones and nesting instincts will be raging and she will be shitting herself she might not have a house before birth - that will be such a major motivator for doing the deal
  3. you can't afford to drop more

Stand your ground. If they still won't budge, get your estate agent to them that if you reduced by 17K, you would have to apply for a new mortgage as you are already at the max LTV on your new house. This would delay the sale by at least 6 weeks. She is really not going to want to move house with a 2 week baby, when she's got a chance to be in before the birth, just by honouring their agreement.

Really hope it works outs

RandomMess · 16/08/2012 06:43

Absolutely how long ago did they get the survey results, they have had ages to renegotiate etc etc.

Hope they see reason!

RandomMess · 16/08/2012 06:50

Acctually I would just go back and say you can't take a £17k drop because you are mortgaged to your max...

Blackduck · 16/08/2012 06:51

God I feel for you (am secretly worried our buyer is going to pull this stunt as we still haven't exchanged)
They are being totally unreasonable - they can't afford to do work THEY want to do to the house (not work flagged up at survey) and they expect YOU to pay? Bonkers....although reminds me of one of the offers we received - she clearly costed all the work she wanted to do (new bathroom/kitchen etc) and deducted it from asking price, it was a straight 'no'.