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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:
Original poster
plim · 17/08/2012 19:27

lol Cassandra you're priceless, don't go to netmums, we'll miss you too much.

OP posts:
narmada · 17/08/2012 19:28

Good on you. You held your nerve. You now need Wine and lots of it.

Fingers crossed for Monday. I really hope it works out for you.

Is the school place conditional on you moving before term starts BTW?

Original poster
plim · 17/08/2012 19:30

school place is conditional on exchange before term starts....gulp. I am not celebrating just yet, and ea have four viewings over weekend so keeping everything crossed and trying to be cool.

OP posts:
delphic · 17/08/2012 21:00

Skid-marks, prawns, dog shit...

Imagine what the world would be like if grown-ups fulfilled contracts in that manner.

Clearly some of the posters here are out of their depth in matters like contract negotiation. Peurile, spiteful, unethical.

Plim, keep a cool head and focus on the task - selling your house.

Toughasoldboots · 17/08/2012 21:02

This reply has been deleted

Message withdrawn at poster's request.

RCheshire · 17/08/2012 21:02

I can't believe you thought that was worth posting twice Smile

You're taking people's comments far too seriously...

Chill a little.

Original poster
plim · 17/08/2012 21:54

Blimey, I can't believe how nasty things have got. Thanks rcheshire for bring some of the other posts to my attention. Not pleasant.

OP posts:
YellowFlyingPineapple · 17/08/2012 22:11

Ok, hopefully up to date with this thread!

Fingers crossed Plim it all goes ahead on Monday.

Can I just suggest that in order to cushion the financial blow - accepting £3.5k less than previously agreed that you ask the Estate Agent for a reduction in their commission, maybe £500 or whatever you deem appropriate in relation to your asking price? They will be keen to keep the sale running this close to an exchange and it all helps when you are moving!

PicklesThePottyMouthedParrot · 17/08/2012 22:12

Good luck plim. Ignore the idiots!

Rickenbacker4001 · 17/08/2012 22:39

Good luck plim. Good luck everyone. Houses in chains. People in chains. All for a few K of rapidly devaluing GBP. Never been a chain and I highly recommend it.... worked my nuts off and bought value with cash , then did the family stuff after that. PPL laughed and sneered at me while prices went up and up and up. Tables are turned now it seems. Don't get me wrong ..I feel for you and I especially feel for young people priced out of a life altogether. But people need to see the bigger picture.
If you have other offers in the pipeline then no need to worry, and even if you don't then maybe best to accept the offer and move on .. it's only monopoly money at then end of the day ... £50K will be worth £25K in a few years time anyway!
Best never to be a slave to such a scam as the UK property market.. simplify, scale down, be immune from all that, be happy.
But it's too late for most though. Maybe the young will find a way. Good luck anyway.

Artyjools · 17/08/2012 22:52

Something very similar happened many years ago to us, except that on the day of exchange the purchasers simply disappeared. After frantic telephone calls over several hours, we were finally told that they had gone on holiday for the weekend and would be in contact the following Monday. On the Monday, they put in a lower offer.

We were very angry as we had accepted a lower offer from them in the first place as they hadn't anything to sell, and it was a rising market at that time. I wanted to tell them to take a flying leap (it was a house I owned before I met DH), but DH persuaded me to meet them half way, which we did.

However, there were a few little jobs I had intended to do to the house before we left, which I didn't bother with, and things I had intended to leave, which I decided not to.

We moved to a house close by and I had the misfortune to have a bit of a run in with her a year later. I thought she was unhinged!

Good luck OP.

delphic · 17/08/2012 23:26

"grin delphic saw your post on the other thread "

LOL yeah well that non-sequiteur will make a few people scratch their heads!

Devora · 17/08/2012 23:39

Best of luck, plim. I feel gutted that I'll be on holiday next week and won't be around to hear your news on Monday. Hope all goes well for you.

Badvoc · 18/08/2012 09:25

Good luck op x

bumbez · 18/08/2012 15:50

Good luck plim, I also recommend getting a further discount from the estate agents.

I've asked ours for one much to his surprise as he is pushing us to accept 3.5 of our already reasonably priced house and the over priced house we are trying to buy won't drop.

Ea took it badly by the way and says he'd never had that sort of request before Hmm

Which · 18/08/2012 16:06

Marking, best of luck plim!

delphic · 18/08/2012 16:38

So, bumbez, it's evil for the buyer to drop the agreed price just before exchange of contracts, but it's fine to ask the estate agent to reduce the agreed fee after a contract has been signed with the estate agent? Seems pretty hypocritical to me.

saintlyjimjams · 18/08/2012 16:52

God this happened to us. Day before exchange and the flakey buyer wanted more off for the stupidest of reasons (the concrete path in the garden was cracked Hmm - it had been visible from the first viewing - and she'd had millions as well as sending in loads of builders for quotes - all of which we'd accommodated). We ended up sharing the cost with the people we were buying from.

The buyer really was an idiot though. We were moving to a house in the same street so we made sure all the neighbours knew what she had done, and we took all sorts of thing that we would have left. Silly cow.

Good luck for Monday. This is truly despicable behaviour.

ThatVikRinA22 · 19/08/2012 12:10

the buyers dont sound very sure do they.....i think the level of interst in the house means its priced to sell.

good luck for monday - let us know how it goes!

frostyfingers · 19/08/2012 17:36

I'm glad things are moving, hopefully the number of other viewings is keeping them under pressure.

The problem is that most people start out behaving perfectly well, but when you get dumped on from a high place your level headedness and sense of fair play begins to falter. Mine certainly did when we were messed about with, and the final straw was completion date - our buyers were living elsewhere and weren't planning to move on completion day (in fact 3 months later still haven't moved in) but refused a completion date that would have given us a week in our new home before our DT's took their A's......

I became a great deal less charitable and didn't leave the house immaculate (oh it was clean, but not how I would have left it for "nice" buyers!), and didn't mow the grass or weed the flowerbeds just before we left - although it was piddling with rain for about a fortnight so it would have been difficult anyway. Instead of my list of neighbours, rubbish collections, doctors details etc they just got a file of instruction manuals and council stuff.

Do as you would be done by when it comes to house buying is my motto - treat me fairly and I will do the same, dump on me/bully me then I will be a great deal less co-operative! Can you tell I'm still just a little hacked off 3 months later?!

Fingers crossed Plim, well done for holding out, but don't let them get you down if it does go tits up.

FourArms · 19/08/2012 18:29

Good luck for tomorrow!

MrsKwazii · 19/08/2012 20:19

Keeping my fingers crossed for you Plim

Groovee · 19/08/2012 20:23

Hoping that tomorrow brings good news x

Badvoc · 20/08/2012 08:02

Thinking of you plim

QuestionQuestion · 20/08/2012 08:33

To all here who have bought and sold multiple properties.

Why don't both parties sign a simple one page contract which states that they will exchange by a given time for a certain price.

After that if the sale falls through, the parties can settle the financial loss.

I usually hear "Such a contract is not worth the paper it's written on", however, contract law in England has teeth, very sharp teeth.