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In a Chain Support Thread Nov2017

992 replies

YogaDrone · 26/10/2017 09:32

Congrats to those who have exchanged and are moving soon.

Fingers crossed to those hoping to exchange soon.

Come vent your property chain based frustrations and joys here.

Previous thread is HERE

OP posts:
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5
Knittedbreasts · 17/11/2017 11:13

We have already dropped price by 20k. It's only the house we are buying we want we will not move otherwise. We need to move on 30th of Nov or we lose our house.

Misguided101 · 17/11/2017 11:28

@knittedbreasts really?!?! wtf....i know this is hard but realistically if the indemnity insurance is suffice then the buyer being so cheeky. Either wants your house or doesnt was the 20k drop for this buyer offer also? Think this buyer wants the money off so they can re-do loft for free.....i would tell him to jog on! Claim back your power in this, and trust that everything will work out ok....they loved the house enough to take it this far so its not all up to you to make sacrifices here...they have to play the game too.

I hope this works out for you Flowers

Knittedbreasts · 17/11/2017 11:58

It ends today. I'm giving them a 5pm deadline if they don't agree ( we have one more offer up our sleeves) and thats it. I really don't like our buyer very much

mussinboots · 17/11/2017 12:08

Agree with misguided but only you know what your circumstances are. The buyer sounds like an eejit but if you can still make it work for you, negotiate. Our chain has collapsed and we really, really want the house above but we’ve been low balled with several very, very low offers and can’t afford to accept them.

Knittedbreasts · 17/11/2017 12:26

My wife is at work and I'm on my own I need some support :(

Pixiedust1973 · 17/11/2017 12:34

I am so sorry Knitted, I think your idea of telling them to go fuck themselves is the best option if they don't agree to go ahead as planned, with the addition of the indemnity insurance policy. Tell them you will under no circumstances entertain any further reductions as you have been more than fair to begin with! Big ((hugs)) x

Misguided101 · 17/11/2017 12:59

@knittedbreasts I think you have to figure out what you are comfortable with. I personally think giving them a 5pm deadline is the best idea. To throw curveballs like this at the 11th hour..its not fair. Think about what your wife might think about this also , is tgere anyway you can have a telephone call with her to discuss?

For whats its worth I have had three house sales fall through due to buyers backing out, through no fault of property or ourselves..if there is one thing I have learnt that you have to be happy with what you agree to/with!

YogaDrone · 17/11/2017 13:31

I'm so sorry to hear your update knitted. I think your 5pm deadline and offer of indemnity is quite enough. The purchaser is chancing their arm asking for such a ridiculous price drop and I don't blame you for being upset Flowers

I hope it works out for you. Virtual hugs and Cake

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Knittedbreasts · 17/11/2017 14:18

Got ea to leave him a voicemail explaining about deadline. Haven't heard anything back. What do I do if he just doesn't respond :(

Pixiedust1973 · 17/11/2017 15:36

If you hear nothing then be prepared to follow through on backing out due to their unreasonable demands. I'm so angry with them on your behalf! Angry

Knittedbreasts · 17/11/2017 15:40

Buyer called my wife by mistake and told her he was stressed. Idiot. Apparently he was trying to call the ea back. I'm not sure if I should step in at the last min and offer him 5k less

fialor · 17/11/2017 15:41

Knitted, I really would tell your buyer to do things to himself where the sun don't shine! £27k for planning/works that even if breached will be unenforceable? The rule (according to my solicitors, and I pay them a lot of money so this better be correct), is that any planning work, carried out without permission, which is more than 10 years old is unenforceable by the local council.

It might be that your buyer just wants to pull out and is finding ways of being difficult. Either I would not get any indemnity insurance or planning permission.

As for us, I had hoped to bring good news but we are still in the process of exchanging. I got the call around 2:40 from my solicitors to give consent.
But the chain is still ongoing and I hope that we can get it under the wire before the day ends, otherwise we will have to wait till Monday, and I will be on a plane for work when that happens! Well silver lining, at least it would have been all sorted before I land in the am.

Raaraa, anymore joy? Any idea of when you are exchanging now?

Mollieben · 17/11/2017 16:01

Fingers crossed for you knitted
Rang the solicitor today - she wasn't there again. I'm not sure she exists... Spoke to someone else who confirmed that we are almost there and will definitely complete before Xmas. Just want to get going now! And I confirmed we would NOT be paying £1000 for a second hand fitted oven....Grin

Knittedbreasts · 17/11/2017 16:12

Fialor you are correct in thinking that! Almost 5. He isn't replying to the ea now

Knittedbreasts · 17/11/2017 16:30

As he isn't replying I can't even off him anything else. He's a twat. I want wine or whiskey. Or Brandy. Or Indian takeaway

Raaraaboonah · 17/11/2017 16:49

all of the above surely knitted

so we still haven't exchanged. We are all ready and the seller and their seller have now agreed the final thing but they need to get the contract amended slightly and then signed but our seller is overseas at the moment and as the speed at which their solicitor moves can only be described as glacial, i'm not holding my breath for monday either. I can only hope it will be tuesday but our solicitor is in funds so it could theoretically happen quite quickly as soon as the paperwork is sorted.

BUT DH is now saying are we doing the right thing etc etc as school places for our two boys are a bit tricky. We have one school that at the moment we can get them both into but another school that we like better only has space for one of them. No idea what we can do apart from apply after exchange and then either a) hope someone leaves the school in the next 6 weeks in the year we need or b) appeal and hope they put everything aside and let our youngest in. Problem with appeal is the length of time it could take to go to the appeal panel, what we do with him in the meantime and the chance of success. ARGHHHHHHHH

i don't like being a grown up....

YogaDrone · 17/11/2017 16:53

Don't back down knitted - he's being a dick. Have you spoken to your EA? They should speak to his EA and tell him to stop being stupid and risking his purchase.

Did you exchange Fialor?

Good for you mollieben - £1k for a second hand fitted oven Shock To quote the much loved MN phrase "are they on glue"? Grin

We've finally had our vendors fixtures & fittings form and they have left pretty much everything including all curtains and curtain poles, the microwave, washing machine, tumble drier, garden furniture(!) and the big store of logs for the fires as well as the fitted range cookers, fridge freezer and dishwasher. Lucky us, we won't have to go emergency curtain shopping at least!

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Knittedbreasts · 17/11/2017 17:06

He's refusing to speak to anyone at all. Well 5pm has come and gone. Time to call my vendor and pull out. Hope you all move quickly and smoothly. Thank you for listening to me

Raaraaboonah · 17/11/2017 17:09

oh knitted what a b*stard

PickAChew · 17/11/2017 18:56

Oh, what a crap day, knitted.Wine

fialor · 17/11/2017 19:14

Knitted, I am sorry that it is turning to be such a waste of time and money. I hope he comes around on Monday, and you can proceed, without his ridiculous demand.

Yoga, unfortunately no Sad. The solicitor at the top of the chain was no where to be found when it came to exchange when it got to their turn. It did start a little late today - after 12. So hopefully Monday, it will be 1st thing. I will be on a plane, so I have given my husband the power to consent on my behalf, as I do not want to hold up the exchange process.
Lets hope Monday brings better news.
Wine anyone? I think lots of Cake for me Blush.

YogaDrone · 17/11/2017 20:04

Oh knitted I'm so sorry to hear that Sad Do you have the option of putting your house back on the market quickly? Shock your purchaser into realising that you are serious about dumping him? Wine Gin and Cake as you require.

Fingers crossed for first thing Monday then Fialor

Moving schools sounds complicated Raaraa. How old are your boys?

Definitely Wine - which is a perk of being a grown up Grin

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Raaraaboonah · 17/11/2017 21:01

yoga Year1 and year4. Makes me feel sick thinking about it

YogaDrone · 18/11/2017 12:44

Raaraa your youngest would be an infant class size appeal which are almost impossible to win. If the school had had space for your youngest, but not your older child that may have been an easier appeal as the ICS no longer applies in KS2.

There are some very knowledgable posters in the Primary Education section on here who would probably be able to give you some advice if you post there? Best of luck Flowers

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Raaraaboonah · 18/11/2017 13:48

yoga that’s what I thought. Or do we put Y4 in the ‘right’ school and wait for a space to come up for Y1 but then we have to deal with having children in different schools for an undetermined amount of time - arggghhhhhh