Buyer has pulled out and gone AWOL! Gutted and back to square one..

[Fairywhitebear]

Solicitor just called. We were due to exchange on Friday. We've paid out about £200...the buyer has paid out about £1200..

He's given no reason. Didn't even call. Estate agent knew nothing about it. All the solicitor knows is that he received a cancelled contract in the post this morning! My solicitor can't get hold of the buyer's solicitor, and no one can get hold of the buyer! Best bit, the letter was dated Friday. His surveyor came Monday!

Seriously! HOW can people just do this? I have two small children (1yr and 3 months) in a top floor flat (no lift) and we are desperate to move. I was just about daring to get excited at the thought of my DD in particular having a garden to run around in. Buyer knows I have two small children. :(

Back to square one and right now,,,gutted. I know it's a first world problem and all, but my god, this is stressful beyond. I really really hoped we would be in a house for my daughter's second birthday at Christmas :(

Also pissed off that the buyer let the surveyor come KNOWING I would have to clean/tidy around two little ones, when he knew he'd already pulled out!

Ohh you poor thing, we have all been there so I can say this with total confidence IT SUCKS BIG TIME!

It does get better though, you will find a buyer you will get a lovely house with a garden.

Sorry you are having such a shit time.

Ahh thank you, I guess i Just needed to hear someone else say it SUCKS!

Joke is, we are chain free. We can't even afford to up our mortgage to buy a house, so we were going to go into rented. I'm already upset enough about losing £40kequity on our flat (bought just before the crash!) which was basically all of the money I'd saved since being a student to buy my first place.

So bad enough after 15 yrs of paying a mortgage, I will have nothing to show for it anyway but worse that I thought we were finally going into a house - and now we're stuck again.

The thought of more time stuck in a flat - ugh. Just even going out is a mission with two little ones who can't climb stairs. Just balls.

And if one more London friend gleely tells me they've 'made' £100k on their purchases, I will throttle them!

Always was in the wrong place at the wrong time!

Maybe, just maybe, this has a silver lining Fairy. I know it's horrible now, but can you stick it out in your flat a while longer and see if the price recovers at least some of the way?

Another thing that crossed my mind is that this is an evil tactic by the buyer to chip the price - why else would he let the surveyor attend? Unless he's just not very bright. He'll have to pay for it now, he wouldn't have before.

Could you rent your flat out and then rent yourselves instead? Wait for prices to go up a bit? I would be gutted to walk away with nothing after all that hard work.

Poor you. It definitely sucks big time.

Thought about renting this out, but tbh, with two little ones I really don't want the added worry/stress of having tenants who didn't pay.

Myself and DH both lost our jobs 2 yrs ago (before babies) and although we are now back working, no where near the same level of pay. It would cripple us to pay a mortgage and rent somewhere. Plus we'd have to find the £2k or so upfront to rent somewhere, with the possibility of a month without a tenant here.

Also, sadly, because of new jobs, the mortgage ppl won't give us the added £40k we would need to pay a house. So we either sell and rent or we sell an buy another flat (but ground floor!) which I don't really want to do.

Feel a bit stuck between a rock and a hard place !

All we need is £5k and we'd be ok! (furiously wishing on a scratchcard win!)