Help what do I do with flat sale

[Azquilith]

I accepted an offer on my flat mid Oct. Wasn't expecting it to be very quick as it's leasehold which means involving the management company. Buyer has been hounding estate agent for a quick move since the off and asked to agree a completion date in advance before exchange as it's a cash sale so we can exchange and complete on same day. That was last Monday. We moved out at the weekend, having had to give notice to work about when we were moving (we are substantially relocating).
We have still not exchanged. Buyers solicitors keeps raising enquiries to the extent it's odd - ie repeating previous enquiries and then claiming not to have received the responses. Buyer is apparently still hounding estate agent, and has been forwarding his mail to flat for some time and we've even got some parcels so I don't understand why solicitors are holding it up. Surely if he's that keen to move he'd pressure them.
I'm now really stressed! I'm wondering whether there's some ulterior motive. Don't know whether to threaten to put it back on the market - or hold my nerve?

I'd give a date by which they need to close (say this Friday, the 6th?) or it goes back on. They have already broken the deal, so there's nothing more for you to lose. Hope they do come good though.

What's your solicitor doing? Agree with Moonlight - give an ultimatum.

But, big but, do not agree to exchange and complete on the same day. The fact it's a cash sale is neither here nor there really. Wait a couple of days between. If your buyer is thinking of pulling a fast one and reducing his offer at the last minute you are under far more pressure to accept if you are completing the same day.

Ok thanks guys. I will make sure...if we get there at all, that we don't exchange and complete on the same day!

So...today more enquiries have been raised including ones which have already been answered. My solicitor is bemused. My estate agents aren't answering the phone so I'm going to put it back on the market with someone else :(

Hang on - before you do, you need to get your solicitor to establish with the buyer's solicitor why previously answered enquiries are being raised anew. And have you given an ultimatum?

In your position I would get on the phone to my solicitor and ask why are these enquiries being raised again; did they not respond the first time, are they dealing with a different solicitor or something? Depending on how that goes, get your solicitor to give the buyer an ultimatum and tell the estate agent.

Email the EA. I wonder if the buyer is also looking at something which they are marketing. It's the only thing I can think of really.

Something else

So...DP has spoken to EA, who can't get hold of buyer. My solicitor has no idea why they're raising repeat and 'trivial' enquiries and they're not explaining, just keep saying they need them answering. He answered the last set last Friday, chased all week and had another set today. I don't understand why, if the buyer no longer wants to buy, why they don't just pull out?

The buyer's had a survey done and had the results I take it? Sounds like it's ultimatum time. I'd your solicitor to convey that to the buyer's solicitor and I'd probably go into the EA's office to embarrass them: they work for you and should be in regular contact, quick to return your calls. You are leaving messages when you call the EAs aren't you?

Sorry - should have read you last post more closely. Perhaps the buyer is rude and doesn't have the bottle to give anyone the bad news. Who knows. I have found increasingly that people just go off the radar rather than simply saying they don't want to do something. I'd much rather hear the cold, hard truth than be left in limbo.

Buyer didn't do a survey (it's a flat though I did one when I bought it 3 years ago)...so can't be bad results. Yes I think ultimatum, my solicitor is waiting for the responses to enquiries he's asked for from the management company and then is going to say it needs to happen early next week.

Hmm - no survey is a bad sign. Your buyer has no financial commitment to the purchase other than fees incurred with his solicitor.

If its a recently-built flat then no survey is not such an unusual thing. If your solicitor is still waiting for information then exchange/completion then I assume it can't take place now anyway.

On the bright side it could be that they are aware of this and taking the advantage of being able to ask further information (and their solicitor is particularly useless at having to ask the same things twice).

On the other hand they could be timewasters.

There is only one way to find out ....(fiiiiiiiiight!). Once your solicitor has the info from the management agents get it sent to the buyers solicitors with dates for exchange and completion and if they don't agree within a day or so back on the market it goes.

And give your EAs a kick up the backside!

Yeah, I thought no survey was a bit weird but I know not unusual with my kind of purpose built flat.
I'm up for a fight. I'm out of sole agency contract with the EA as well so have told them I'll put it on with someone else.

Definitely don't exchange and complete on same day. There was someone on here recently who planned to do exactly that but found herself and all her belongings all packed in a removals van with no new house to go to.

Dump the agent. If you can speak to the buyer directly then do so.