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Original poster

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

999 replies

Bakingnovice · 25/06/2013 12:31

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....

OP posts:
rubyrubyruby · 21/08/2013 10:14

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Buddhagirl · 21/08/2013 10:17

yeah

Misty9 · 21/08/2013 12:47

Go through the agent buddha as they're usually the person with all the contacts and it's in their interest to get the sale completed!

So it looks like we're going to exchange tomorrow!!! Deposit over to solicitors, insurance sorted, and now we have no money! Expensive process this house buying lark.

rubyrubyruby · 21/08/2013 13:38

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HearMyRoar · 21/08/2013 19:59

Oh! How exciting Misty :o

After much discussion we have decided to make an offer on the flat. We have made it clear that this offer is final and that we don't have the funds for going any higher so it's a yes or no from them.

Saw a mortgage advisor today as well, so now I am going through all our finances trying to get together the money for the fees and things if we get our offer excepted. The sound of bottoms of barrels being scraped echoes round the house. You are right, this is certainly an expensive business.

Turnipinatutu · 21/08/2013 22:16

Good luck Hearmyroar!

And you Misty. Hope it all goes smoothly.

Ruby, any news on your contracts?

We had another offer for ours today. When the EA said we'd already accepted asking, she apparently got all upset and offered 5k above asking!
We're sticking with our buyers though as we know them, they're nice honest people and they're going into short term rented while we (hopefully) find a house.

Our EA spoke to the EA of the house we wanted today, to try and find out what the owners are aiming for.
He said they're hoping for 550k. Our EA felt we would be in with a chance at 530k.
This isnt doable for us. We thought about offering them the extra 10k we unexpectedly got for ours on top of our 500k offer, but it would end up costing us more in SD!
Very frustrating, as it seems so close!

Anyway, I've deleted it from the favourites now and am trying to forget it...

Original poster
Bakingnovice · 21/08/2013 23:38

Yes turnip forget about it. Focus on the bad points like how much work it needs. I'm very very jel of all the offers on your house.

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claracluck71 · 22/08/2013 11:17

I hope your exchange has gone through, or is just about to Misty - you can relax a little now (apart from packing, of course Grin)

We are still no further along. Estate agent and our solicitor are pushing for information, but not getting anywhere. So, we're just stuck in limbo not knowing what to do. All the mortgages in the chain are in place, but other than that, who knows!

To add another complication in to the mix I've got jury duty for two weeks in September too!

Misty9 · 22/08/2013 16:54

Oh turnip sorry to hear abut the house :( maybe they'll see sense in a few weeks?

No exchange as yet... Hmm waiting on our vendors sols to answer some outstanding queries. Tbh, I feel so rotten I haven't even dwelt on it much! Maybe that's the one and only advantage of ms...

As for packing, we're going to treat ourselves to packers after having done it ourselves 7 times in the last 5 years Grin

rubyrubyruby · 22/08/2013 17:10

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Turnipinatutu · 22/08/2013 22:03

Misty- 7 times in 5 years!? You must be mad! Hope the ms eases off soon and exchanges are made. You're nearly there....[envious]

Ruby- when is the big day? We exchanged and completed the same day when we bought our current house. It was a bit nerve wracking seeing our keys handed over before we'd received the new set! But all was fine.

Clara- do you know what the hold up is?

Lagoonablue · 23/08/2013 02:05

Hello. Can I join? Selling and buying. Have accepted an offer on ours from FTBs but can't find anything we like! Well we can but the house I want is gone. EA didn't tell us until we looked round and said we were interested. It is under offer but they were still allowing viewings. Not sure why.

We have said we are interested, have buyers for ours but just have to hope their buyers pull out.

I am preparing myself for what lies ahead and trying not to panic about not being able to find somewhere fast enough.

Reading your stories on here is helpful.

Lagoonablue · 23/08/2013 02:30

Oh and wondered about this........need some repointing done on our house. Vendors will have seen the cracks. Do I get it done before their survey do you think or just knock the price off the house if it is an issue for them?

Buddhagirl · 23/08/2013 08:09

What if lagoonablue is my vendor :0

Going to nationwide today to apply in person. Then I think after that I will just do what I'm asked quickly and stop constantly trying to speed things up... Because it's impossible.

Fingers crossed for everyone.

claracluck71 · 23/08/2013 09:10

Hi Turnip we have no idea what the hold up is - which is really causing the frustration. Our solicitor is equally frustrated as she has been unable to get a response from further down the chain for a couple of weeks now. Unfortunately, we're not in a position to issue an ultimatum, as we are only moving because we want the particular house we're buying, so have no bargaining power!

Our vendors wanted to complete next Wednesday. Unbelievably they've never sold a property before and are unsure about the process - not sure if they realise that it's not going to happen yet Confused I hope they're going to be ok.

BeenieBaby · 23/08/2013 18:52

Hello all! I'd like to join please? Have put in our first offer today and still waiting to hear back from EA. its a place with lots of potential but equally needs lots of work doing. We've had to offer quite a lot below the asking price because we can't afford the asking price and all the refurb that would be required... I'm doubtful it will be accepted but it's such a lovely place and I'm secretly hoping for a miracle!

Turnipinatutu · 23/08/2013 19:22

Hello Beenie, it's sounds like you are in the exact same position we were in. Fingers crossed you get it.

Lagoona, I wouldn't worry about getting repointing done. It's not like its expensive enough for them to ask about the cost being knocked off. I'd save your money for your new house.

We've got our buyers surveyor booked for next week. I'm not really sure how we should prepare for it, if at all...
I've booked some viewings for next week as well. Nothing that leaps out to me as being a strong possibility, but thought I'd just view everything that's a vague possibility!

HearMyRoar · 23/08/2013 19:35

Our seller seems to have gone AWOL. Spoke to ea and they can't get hold of him at all. You'd think he didn't want to sell. Hmm

BeenieBaby · 24/08/2013 11:27

Eeek our vendors want till Tuesday to consider the offer! I'm on tenterhooks! At least it's not a direct no....

HearMyRoar · 24/08/2013 13:24

We can wait together beanie

Our's has now been located and given our offer but wants to consider it along with the other 2 they have had. Aarrggh!

Lagoonablue · 24/08/2013 15:51

Have already committed to the pointing unf Hmm. Still only £90.

hefner · 24/08/2013 15:56

Good luck Beenie and HearMyRoar!

The vendor of the house we wanted was considering our offer, but now someone has offered higher and they are ready to proceed Sad. We might try putting in an asking price offer, but I still don't think we'll get it as we've only had one viewer for our house, so not much chance of selling any time soon.

Lagoonablue · 25/08/2013 06:38

Hi. Good luck to those near completions.

Can I just ask. Am putting aside money for legal fees, survey, estate agent and stamp duty of 1%. 5 thou should be enough shouldn't it?

rubyrubyruby · 25/08/2013 10:19

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Misty9 · 25/08/2013 11:02

We've exchanged!!!! Completion set for 4th September so we'll have almost exactly one whole month of both mortgage and rent Angry but at least it's nearly over.

I daren't think how much all the fees etc have cost - over £10k and we're not selling! Bloody stamp duty.

Gotta dash as typing makes me feel sick... Good luck to all new joiners, it's a frustrating and stressful process but fingers crossed its all worth it in the end :)