Would anyone like an 'in a chain' support group?

[thenewaveragebear1983]

Would anyone like an 'in a chain' support thread? We're selling and buying and it's so stressful!! We've found our 'dream house' and had an offer accepted, had an offer on ours within a week which was subsequently retracted. Wondered if anyone else was finding this whole process ridiculously stressful?

Sort of. She's back on board but has now decided to gazunder to the tune of £10k. Think this is all going to end in tears (mine have started already).

oh Baz Can you afford that drop?

We've been backwards and forwards. Our buyer is getting frustrated and emailed me (constantly) saying that our solicitors are crap. Buyer has now agreed to pay for some searches insurance and order duplicate searches herself (for our purchase!) to speed things up. There is a chance we could still move this Friday! But with not enough time to get removals. I am never ever moving again.

No we can't. House we are buying is a fixer upper and we need every penny for that. Also she's not asking for it from us, she's asking for it from the people who are buying ours. They will not drop their price, guaranteed, they are VERY difficult people. Estate agent is currently speaking to everyone else in the chain to see what can be done, not sure what will happen if we all tell her to get lost. Unfortunately she, as the bottom of the chain seems to have the power. She will lose money though if she walks away (solicitor fees and survey cost) so gazundering is a gamble. I so disgusted with her behaviour though, we're days away from exchange. I couldn't live with myself knowing I was essentially blackmailing people.

So have you not exchanged Huckleberry? Are you doing both on the same day? Sounds like a nightmare - and only 3 days away with no packers booked? There must be people available last minute (where other moves have been delayed etc)?

Let's hope the solicitor can negotiate then to keep the chain going. It strikes me as incredibly selfish, and also considering that if the price of the property was dropped by £10000 then the whole mortgage offer she has in place would have to be amended, plus it wouldn't relate to that amount in real terms surely (ie what ever percentage loan to value her mortgage is) - she is behaving terribly.
We had a very successful viewing yesterday, and conversely, the people who viewed are just about to pull out of a chain because it's taking too long. Plus they like our house more apparently, according to EA.....they are giving their vendor til tomorrow to give them a date for exchange and then if they don't then they may make us an offer. It does concern me that they seem like 'the type' to pull out, plus they are doing to someone what you are having done to you. It brings out the worst in people doesn't it? It's amazing that until exchange there is literally no binding agreement of any sort and yet it's the biggest purchase of our lives!

We've not exchanged. Our has handed notice in on rented house without checking with rest of chain (idiots). Our seller's are luckily fairly flexible. But we are still waiting for a Local Authority search back. Buyer is now going to pay for this and insurance so we can exchange without having search back. Then hopefully we can go for Friday.

But solicitor is waiting to hear from our lender to check they are happy with the insurance.

I am trying to hold off phoning solicitor- it's like trying not to ring someone after a date!

Oh averagebear I would be very wary of those buyers (as you are being) - it is the very difficult, impatient people in our chain who have made this process so torturous, even my immensely experienced, calm solicitor lost his rag with it all this evening.

Huckleberry, hope you hear something first thing tomorrow!

Good luck all - I know the misery as i moved earlier this year and chain issues made it take nine months One of the most stressful times I've ever had! Keep the faith, sounds like some of you are very close.

Yes, I am very wary. My greater concern is that they will just use us as a bargaining tool with their previous vendor, almost to prove that they will pull out if he doesn't comply 'and look we've even had an offer somewhere else!'. We've already had one offer pulled because the woman changed her mind after 4 days, I really don't want SSTC outside my house again only to be pulled again because I think people will think there's something wrong with our house! It took a full week after going back on last time to get any viewings and we can't really afford to lose another week or we may lose the property we want. Let's just see what today brings, EA has said they will ring today and let us know what they've decided.

Well apparently we should be exchanging today.... We shall see

Good luck Mummy hope it happens today.

I've got today off work for packing. Argh, so much stuff!

Good luck Mummyme!

And you averagebear!

Hopefully you are both in better positions by the end of the day

In a chain of 3, exchanged today with completion tomorrow - my stress levels have been through the roof...

We will find out by 4pm today if we are completing on Friday or next Tues.

We haven't exchanged yet as waiting on top solicitor AGAIN. Apparently y he needs to have a conversation with the legal aid people. I am so bloody sick of it all!!!

Which one do you want Huckleberry?!

Congratulations Disco! What a relief I'm sure

Mummyme- grrrrr, so frustrating😡

Well, it's swings and roundabouts. Friday is good because the kids are already at my parents, we'd have the whole bank holiday weekend in new house to sort stuff. But we can't get removals so would have to do it ourselves.

Tuesday we can get removals, but kids come home from parents on Sunday, so have to have them in house full of boxes and no toys.

But Tuesday looking more likely because solicitor says still waiting for lender to approve something and an enquiry from our sellers.

They can build a fort with the boxes! It will be fine

We didn't exchange. The top of the chain were ready at 4.10pm which was too late to exchange with a chain of 5 apparently. So we are on for first thing tomorrow morning

Everything crossed for the morning Mummyme

Fingers crossed for the morning.

My mum has just said she'd keep them until Tues. Just have to wait and see tomorrow. Doesn't help that I have hardly any annual leave left.

The end is in sight now though, that must be a relief! And mummy, fingers crossed for the morning
The flaky buyers who viewed and we're going to pull out of their chain are going to view their original purchase house on Friday to decide whether they want to pull out for ours or not. Oddly this makes me feel a bit better about it as at least I sense that they aren't just using us as leverage, they might actually want our house. I am very wary of their confidence though, it takes a lot of balls to throw pulling out into the mix at the point of exchange and hope it pays off for you and there's no guarantee it will. They are sold on their own house and living with parents, so must believe that gives them the upper hand as buyers I guess, but it is shady behaviour in my opinion.
We have 2 viewings lined up for the next few days, with hopefully nice, non-pully-outy buyers!

Verbal authority given to solicitors for exchange. Exchange date no4 today 🙏🏻🙏🏻

Fingers crossed Mummy.

I just don't seem how we can complete tomorrow. I suppose we could exchange today and complete tomorrow. I just want to know. If we are moving tomorrow I need to book a van etc. If we aren't I need to tell work I want to swap tomorrow for Tuesday as leave day.

Arghhhhh. I am never doing this again.

Fingers crossed both of you exchange today!

I'm sitting in my packed-up house waiting for the removal van to get here - this time yesterday I hadn't even exchanged!