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Heartbroken buyer :(

34 replies

WhatsGoingOnEh · 03/06/2014 19:42

Sold ex-marital home in December. Split cash, giving me a big deposit. But small mortgage as I'm self-employed.
Found house EXACTLY the right price in EXACTLY the right location.
Offered asking price, accepted, all good. Only one snag - owners had to find a place to buy.
Waited - they found place in March. Seller said he was keen to complete in 8 weeks. Then proceeded to stall and eff up every single thing until now. My mortgage offer expires end of June. My panicky sellers went round to his house and asked him WTF was he doing? He just stood there.
Sellers just rang me to say it's looking bad. They will give me till end of June at the current price, but after that they will put the house back on the market for 25k more as their estate agent hold them house prices have shot up 10% in the last six months.
I'm heartbroken. None of this is my fault - I have no chain. I'm living at my parents' house with the kids. It's lovely but I NEED my own place.
I'm so angry and heartbroken. Back to square one after six months. And £2k down in fees, solicitors bills and surveys for I house I can't buy! Gutted.

OP posts:
WhatsGoingOnEh · 05/06/2014 09:39

Thank you everyone!

I'm going to see my mortgage broker today to see if I can get an extension, or if I can get a joint mortgage with my fiancé. He already has a mortgage on the house his ex still lives in, so it's complicated, but you never know.

This sounds kookoo... But I've been practising Law of Attraction a bit since this whole process began. I never believed in it before but I'm so desperate, I'll try anything! Anyway I made a big poster of pictures of houses, gardens, bedrooms, dream kitchens etc, with words, and it's on my wall. I know it sounds daft but I did the same thing with my wedding dress and found the EXACT dress i'd described for under £50!

So you never know...

OP posts:
WhatsGoingOnEh · 05/06/2014 09:40

I realise that sounds bad - like I started doing LOA and oh look, no house! But I only started it last week. It cheers me up a bit.

OP posts:
WhatsGoingOnEh · 05/06/2014 09:41

If I can get a mortgage with fiancé, there's a MUCH LOVELIER house for sale round the corner...

OP posts:
HaveToWearHeels · 05/06/2014 11:22

Iseenyou our buy to lets are showing the correct sale prices on the Land Registry. The only property showing incorrectly is the new build we live it which shows the price the property was marketed at rather than the 45k less that we paid !.

OP, I feel your pain, house selling turns some people into idiots and money grabbers. I hope you get your house.

Iseenyou · 05/06/2014 16:11

This reply has been deleted

Message withdrawn at poster's request.

Madcatgirl · 05/06/2014 16:19

OP it's not over yet. We had to push our vendors out of this house because our offer was about to expire. They wanted completion in October last year, excuses made, they than wanted November, then excuses, then they wanted the 28th December! With two small kids, I said not a bloody chance and asked for first week of January. Then we were told our mortgage offer was going to expire, which our solicitor had missed! We completed on the last day of January, the day our offer expired and our vendors moved in with her sister. They were an older couple too.

Unfortunately we only sold our house last week because of delays down the chain, it's been great fun and found months of extra mortgage payments too! Fun! Anyway it can be done, get your solicitor on it ASAP. Good luck!

And for the record I am never, ever, ever moving again,

WhatsGoingOnEh · 05/06/2014 18:41

Madcatgirl -- what a nightmare! You must've been tearing your hair out! What a MASSIVE pain in the arse but YAY! You got your house!

I saw my mortgage broker today and the great news is I can get another mortgage easily, with the same company, and my latest tax return means I can borrow a bit more than before. Although with tax bills, etc, I can really still only pay the original price.

Question is - do I tell the vendors this good news? I really don't know if they still even want to sell it to me, having heard from their EA that it's now worth more. I don't know what to do.

In some ways I'd feel like a mug to get a new mortgage and again, sit and wait for this place. But it's perfect and I love it so much. I don't know what to do.

In some ways I want to toss my fiery mane, pull dramatically out the sale and flounce off... But I really want that house. Argh!

Any ideas? Tell them about the new mortgage or not?

OP posts:
WhatsGoingOnEh · 05/06/2014 20:26

Any ideas anyone?

OP posts:
Madcatgirl · 05/06/2014 23:03

I'd go to your solicitor first and get them clued up on your mortgage expiration date and then push, push, push them to get it completed, get them to give your vendors a completion date. Sit on your solicitor.

It's been a bloody journey and a half to get here,but oh so worth it. I love this house.

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