I have been looking to buy for several months - I sold my property and am a cash buyer (which is great - but...without the shoulder of a mortgage company to say yay or nay about things that may be refused a mortgage it feels like a worry)
The house prices have gone up in that time and I have had an offer accepted on a house which was marketed at £399k for £370 which is more than I would have liked but I am getting very tired from a huge drive each day and need to get this sorted (long story!) and to be honest didn't think the offer would be snapped up by the very eager to move sellers (I may have been a little co-erced by the agent)
The house had a buyer. Buyer pulled out over concerns about sewer. Sewer is now to be marked on plans as 'assumed abandoned' My solicitor hasn't heard of this before and says if the survey says it looks okay above ground to go with that if I'm not going to worry. But I'm thinking if Thames Water say they have abandoned it presumably they wont maintain and it could be a problem in the future. I'm mainly worried about it coming up when I sell and a mortgage company refusing to back a buyer over this. Does anyone have any experience or wise words? If I needed a mortgage the mortgage company would say how they felt about it and they'd either offer the loan or not.
I'm a single mum and finding this very stressful without anyone I can really talk to. Plus I feel rushed (they have found another property (on the same day as I offered!) and want to exchange by 20 December)
Thank you!