Anyone ever pulled out of a purchase?

[Madmog]

Just wondering how often people pull out of conveyancing transactions? I've only bought twice and on both occasions pulled out and then went onto buy somewhere else. We're buying again and am really nervous something will crop up for us or someone else in chain.

Reasons for pulling out:

1. I thought I was buying a leasehold flat, but the landlord insisted on including the whole of the freehold. I was nervous about collecting in funds from other tenants and organizing repairs on a large old building. Solicitor knew me and agreed I'm not the sort of person to want this.

1. My husband and I then pulled out of a purchase. Could only find one building society that would give us a mortgage on property, then found out railway company had a pipe underneath the property, all the way along the centre and had a right to maintain it as necessary. There was nothing in the deeds covering costing of taking up and rebuilding property and vendor pay for an indemnity.

We pulled out of buying a house that I really didn't like, but DH convinced me. It was a private sale & the vendor kept messing us about.
We pulled the plug when we found one we both liked and it was cheaper.

I'm about to because the divorcing couple we are trying to buy from are messing us about. I find out on Friday whether they have any intention of ever actually vacating. I'm about £2k down at the moment. I don't intend to buy from a divorcing couple ever again.

yes we pulled out when we found out that the parking spaces didn't belong to the house we were buying. there were other issues too. that was 3 years ago and it was still on the market last December. no chain though only us and seller.
the shoe was on the other foot when we bought/sold last year- our buyers had to reluctantly drop out when their buyer dropped out. It was stressful but we were lucky in that we found another buyer straight away

Same as lessonintightropes- divorcing couple, he just was messing us around so much, took weeks, then the survey threw up lots os serious issues, most of which were surmountable, but 1 major one that wasn't. We lost 2.5k, but went on to find something with no issues, same price, closer to location we wanted.

Oh yes. I will sound like I am a professional puller-out (?).

1st time - everything in the survey screamed OLD.
2nd time - took out childcare vouchers and all of a sudden my mortgage affordability dropped to non affordable (be careful - I rectified this by cancelling childcare vouchers, but it was too late!).
3rd time - substation discovered almost at the back of the garden (never view in dark evening and always look out through all windows).
4th time - my unfortunate personal circumstances.

Disclaimer: it didn't all happen at once. This is over 5 year period. I did by properties in between.

Yes 3x always because something better turned up! Have had it done to me though so don't feel bad

Yes, we pulled out once because the survey indicated pretty serious issues that would have cost up to 20,000 to put right. No regrets.

Yes once only, the survey showed some issues we didn't want to deal with.
We've bought 3 times.

We pulled out once due to a hidden substation, like a pp. Also pulled out of another two due to valuations below our offer which we failed to renegotiate (buying when the market was falling, couple of years ago).

I've also pulled out because a divorcing couple gave us the run around, after 8 weeks the husband still hadn't appointed a solicitor , we were about to lose our buyer so bailed out. lost 600 quid.

Once because the survey showed lots of small problems with the house and a big problem with the garage. Plus I'd never really been happy with the very small garden but DH loved the house and had persuaded me it would be ok.

We then bought our current house instead - it was def the right decision even though this is smaller.

Forgot to say, lost about £500 I think.

Yep, due to ongoing subsidence due to tree the council refused to remove. At early stage of another deal because we found our service charges were very high.

Once, sellers just didn't move and we didn't want to wait.

apartment thrown up at the end of the boom. finished nicely but the surveyor said it was like a favela.

Twice.
Once as the developer had lied through his teeth about what he was including and the specification in the price. Luckily we sussed him in time.

The other one was a three storey house. Discovered the third floor development didn't have any of the necessary planning and building permissions

Once, because, we discovered there was an issue with an extension and the boundary with next door, also no building warrant for the extension as it had been built by the owner. We were first time buyers and our budget couldn't stretch to extra legal bills, would persevere now as it was a very good price and has gone up in value by about 7x in 17 years!

Twice.

First time we were buying two run down cottages next door to each other with the intention of making one home. The valuer said they were not fit for mortgage purposes so we had no choice than to pull out.

Second time dry rot was found throughout the ground floor. Seller went a bit loopy, accused me of telling lies to try to lower the price and refused to sell to us. She ended up taking the house of the market, getting extensive work done then selling at a higher price a year or so later.