Buyers support thread - stressed? Worried? Stuck in a chain? Gazumped? Well come and join us here

[Bakingnovice]

I can't see if there is already a thread like this so here goes..

We finally upped our offer enough for it to be accepted on our dream house. It's been stressful so far and this is just the beginning. We have had so many let downs: vendor changing mind, vendor getting higher offer etc and we hope this sale goes through smoothly. We've been looking for years. Come and join me if you're buying and equally stressed....

hearmyroar I think the smell would put me off - esp if you got pg and had ms! They tend to have large extractors at the back of the property, so windows open on warm summer evenings would be difficult (or saliva inducing!)

Ooh turnip does that mean you've put an offer in on dream house?

We're still waiting to hear about exchange, but it seems in the realms of possibility that it could be this week. We're then away on holiday so couldn't complete until September serves them right
Also, I'm early pregnancy and having awful ms which has taken my focus right off houses and wallpaper!

Good luck turnip

hearmyroar have to be honest I wouldn't go for it. I shared a flat above a restaurant once and my flatmate found the fan a nightmare, it was really noisy. I also once viewed a house that backed on to a chip shop and have to say the smell put me off, it is a strong smell

Misty- yes the offer is in..gulp...no news today. I'm not sure if that's good or not, dh thinks they'll refuse, I'm clinging on to hope and over thinking it!
Congratulations on the pregnancy by the way! And fingers crossed you exchange this week.

Hearmyroar- I'd think very carefully about that one. It would be a major compromise. As others have said, the noise and smells would be more off putting to me than queues of people possibly hanging about. Could you visit during opening hours and open a few windows etc.

Hearmy - fish and chip shop would be a deal breaker for me. But if you like it go for it.

Misty congrats!! And good luck with exchange.

Turnip - no news means they are definitely considering it. Good luck.

They said no
We can't go any higher, so that's the end of that.

Not sure what to do now, as there's nothing else to even view....

Hope something comes on soon Turnip. I'm not going to say "it wasn't meant to be" as I always wanted to slap people who said that.

Nothing is happening with ours as vendors are away and they did none of the paperwork they were meant to do before they went away. Only mild positive is lots of nice properties seem to be coming on to the market if we need a plan B

Jumps in

DH and I found the BEST house. Offer got accepted on Friday, could not get an appointment with nationwide until this Friday, a whole week :/.

Old Nationwide said there is a delay on valuations at the moment. Really not what i wanted to hear.

Why do sellers pull out so readily if buyers are not lightning quick?? Everything i read says that if buyers dawdle you can forget the sale....but a lot of the time it is out of the buyers hands!

This is all SO stressful and I basically have not even started yet.

twitches

Hopefully the EA will explain to the vendor about the surveyor delays, everyone is in the same boat, there is even an inquiry going on about the national shortage of surveyors, so a decent should manage the sale and sort this out

Yes there is a delay on all surveys. In fact the whole buying selling process is rubbish. I hate it. Ours is at a virtual standstill and every day that passes compounds the stress, fear and doubts from the last day.

Okay that makes me feel a bit beter, they are buying as well so hopefully! they will understand the problems in getting a valuation

Is there a difference between a survey and a valuation that the lender carrier out. We are having a full structural done seperate to lender.

sorry for the basic questions i cant find the answer on google

carries*

Valuation is fairly minimal, it's purpose is to tell the lender what the property is worth. A full structural takes a lot longer, and is more in depth, looking for damp, subsidence etc. Often having one of them delays things, we just had a valuation survey and it came through quickly as the valuer was in the area and had a cancellation one day. It might be quicker, but mort expensive if you pay to have the full structural survey done by someone different who isn't also doing work for lenders

Okay so the lender does their own thing with the valuation and does not do a survey? That's fine.

Property is turn of the century and has had work done on it. Structural survey is booked in this Friday, with a local company, nothing to do with NW, on the same day as the first appointment available with nationwide, a bloody week after offer was accepted.

Oh no Turnip, what a shame! We're on the market now, but we've only had one viewing so far. Vendor of the house we like hasn't replied to the offer we made last week, I think she's probably waiting for an offer from someone who's already sold. I'm hoping more houses will start to come onto the market now that people are coming back from holiday, things have been a bit slow since we started looking.

Can I join?

We had an offer accepted on a property in April. Lots of delays includingfirstmortgage being declined, survey taking 8 weeks. They put it back on the market we got gazumped

However, saw our perfect house on Friday, offer was accepted today

But I cant shake the feeling something will still go wrong. We are getting married at Easter and so want us to be settled into our nest then so we can start TTC DCs then.

Support welcomed!

Congrats Crochet. Good luck with it all!

Buddha, I wouldn't panic, just keep your sellers informed of what stages you're at, so they know you're working on everything.

Ruby, hope you get some news on your contracts soon. Before you move out and camp on their doorstep!

As for us...I'm expecting the house we were turned down on to drop its price again if no other interest in the next couple of weeks. They've been dropping on average every 6 weeks or so since February!
Dh thinks we should forget it, which would be easier if there was anything else to even view!
What I don't want to happen, is for us to give up on it, then someone else comes along and gets it for the price we were offering!

I'm still waiting to exchange on house we are purchasing even though one we are selling has exchanged, the two lawyers involved are taking bloody ages and I'm getting nervous. They are waiting on a letter of comfort for a porch that was built.

Cheers guys,

How would I keep the buyers informed? Go through the EA? or just knock on the door!? (I know this is a stupid question). Being a FTB sucks.