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Sellers/Buyers roll call Part 4 Keep strong everyone!

999 replies

alifelessordinary · 13/02/2019 16:46

Thought I'd start a new thread as previous one had hit 1000 posts and wouldn't let me reply!

@LookingOptimistic why do solicitors have to be so difficult at times? Hope it gets resolved for you soon.

The indemnity policy came through this afternoon, so we're hoping we might be exchanging sometime next week...unless something else crops up!

OP posts:
sandybayley · 19/03/2019 21:34

@WBWIFE - your vendor sounds like a nightmare! If you like the property tomorrow it would be entirely reasonable to cut your losses and start again.

So we had two viewings this afternoon. Odd for a Tuesday afternoon but there you go.

Still waiting to hear back from our potential buyer (the walk in from the street) as to what their mortgage broker thinks they can borrow. I'm a bit worried they will be stretching themselves too much as it feels like a massive mortgage for a young couple. EA has agreed to reduced commission if we end up selling to them - not by very much but every little helps.

Our potential vendors claim there are two other offers for the house we want but as both are non-proceedable I'm not too worried. One isn't on the market yet and the EA admits that the other people's house is over-priced so unlikely to shift quickly. Would love to have some movement this week!

WBWIFE · 19/03/2019 21:54

@sandybayley good luck! Fingers crossed for some movement.

Yes I think we are probably going to end up cutting our losses! Fingers crossed we like the property tomorrow!

TokyoSushi · 19/03/2019 22:33

Fingers crossed for the property tomorrow @WBWIFE the other vendor sounds like a nightmare!

Bit of progress here, final garage bill has come in, £1K less than we thought it was going to be. A couple more enquiries back on our purchase too so we are pushing really hard with that. The vendor is trying to say that they weren't aware of the urgency! I've told them very clearly on 3 separate occasions that we must move quickly so let's see what happens! #week31

dimmu · 20/03/2019 08:51

Good luck @sandybayley I hope it works out.

Our flat has now been on the market for a month, over 1000 views on Zoopla, more than 15 viewings but no offers yet. Most viewers have said they don't like the block/area, a couple have said it's too much work, and the rest are not in a hurry to buy.
Having a meeting with the EA on Thursday to discuss the next steps. Not sure if I should push for a price reduction to get some offers, the EA seem to think it's going really well and it's getting lots of interest so probably wouldn't want to do that yet.

TokyoSushi · 20/03/2019 11:38

All of our enquiries are back!! Now we just need the sellers to get out! When we offered they were chain free and going into rented, now they're in a bloody chain and waiting for their purchase. Ultimatum day tomorrow 'you said you'd get out, we offered because you said that (not really, we LOVE the house) it's all done now, so get out!'

A bit like Peggy Mitchell, 'Get outta my pub!'

We may, just may be concluding this whole sorry matter in week 32, please, cross everything, again!

hartof · 20/03/2019 13:15

Good Luck @TokyoSushi hope they're out quickly

Fleabag123 · 20/03/2019 14:45

Good luck @tokyosushi and @sandybayley I hope one of your viewings turns into an offer.

Tentatively optimistic as the chain seems complete now, the people my vendor is buying from have found a chain free place.
My vendor has also had his mortgage approved and conveyancing seems to be on track so I’ve asked the solicitor to progress to searches now.
So let’s see! This is further than we got last time...

TiddleTaddleTat · 20/03/2019 16:14

Ahh good luck @TokyoSushi I will be particularly happy for you because it's been such a long time for yours to go through

Ours is also shaping up to be quite a test of patience. Our selling solicitor is wrangling with a management company that is incredibly difficult to get hold of. All he needs is the contact details of their solicitor, and he's been trying for over a week with emails, letters, phone calls. We are paying them £1700 to correct a mistake that they themselves made when the lease was originally written. It takes pisstaking to a new level.

So fed up and ready for this to be over, been trying to sell since Sept with this buyers offer accepted in Nov and I am getting to the end of my patience - and worry the buyer is too.

happychange · 20/03/2019 21:53

Good luck Tokyo and sandy! Hopefully everything goes smoothly

Our sale is looking to conclude soon, the buyer has asked for a completion date of 9 May! Grin

We still have a few queries open on our purchase, namely being there is a passageway at the back of the garden, shared with around 5 houses. It's an enclosed passageway and apparently no one owns it, and we will have right of access on it.

According to the estate agent, it was common to have this back in the day but most places today don't have this anymore. I'm a bit nervous in case I have to pay ground rent to someone in the future! Has anyone come across this before??

balalalala · 21/03/2019 06:53

Can I join please? We went back on the market in late February having taken it off last summer. We've accepted an offer yesterday even though it's crazy low because it's the only one we have had. We've found a house we want and put two offers in both which were rejected. Yesterday I increased the offer but didn't hear back and now I've just had an email alert through dropping the guide price to our offer. It feels like they're playing games and I would rather buy something else but can't find anything else we're even vaguely interested in!

ALadyofLetters · 21/03/2019 08:17

We complete tomorrow so it is all very hectic here! I wish I’d paid for packers now. It has been 9 weeks from offers so pretty quick.

@happychange I’ve lived in two houses similar to that. It has never caused us problems but when my BIL was selling his house he had to get an indemnity in case access was ever revoked. I’m sure it can be resolved especially as there are other houses there with the same issue.

happychange · 21/03/2019 08:44

Thanks for the advice @ALadyofLetters , makes me feel a bit better

Good luck with the completion!!! That all sounds so exciting GrinWine

WBWIFE · 21/03/2019 09:01

So we viewed a house yesterday after our nightmare vendor which we love, Taylor wimpy own it as a part exchange and have recently put a steal brace in the central beam in the living room as there is some slight bowing. We love it, it's a perfect area. Fab schools. Village rather than city. Just the right size garden for us and it's a bargain as Taylor wimpy just want it gone.

We will get a structural engineer in to look of course. I'm hoping the bowed ceiling can an rectified by either more and bigger joists or possibly another steel to support. This is fixable isn't it?

Never bought a house with a problem like this before but we love it..

WBWIFE · 21/03/2019 09:03

@ALadyofLetters good luck!! How exciting x

Fleabag123 · 21/03/2019 09:44

No idea about the steel beam situation @WBWife but pleased you found somewhere else you love. Hopefully you can walk away from cat piss lady and let her fester in there with her disgusting carpets!

ErickBroch · 21/03/2019 09:55

WBWIFE glad you are looking elsewhere as that vendor sounded absolutely horrendous! Nutter.

I just want to thank everyone on here for answering all my naive FTB questions over the past few months - we complete on Monday! Thank you all Flowers

dimmu · 21/03/2019 12:14

@balalalala I'm also new here, hope it all works out for you.
We have just reduced the price as had no offers, not even rubbish ones, after a month on the market. It's a difficult climate at the moment, one can only hope things will improve soon.

MrsPatmore · 21/03/2019 16:33

Congratulations ErichBrock! WBWIFE the engineer should be able to give you an idea of costs etc. Maybe you can do a deal if work needs doing?
We are nearing the home straight but have also hit a possible structural issue. New kitchen extension had the chimney breast removed but still exists on the floor above. Our survey says there is no sign of stress or movement and there is a Buildings reg completion certificate from the local council so I'm hoping they would have checked there was sufficient support before sign off?? Getting a structural engineer to do a visual inspection on Tuesday (more £££) to give a second opinion. There is also an unregulated loft board out with stairs but I'm not too bothered by that as we are unlikely to use it as a bedroom.

We were hoping to exchange next Friday too Sad

Anyone had similar? I keep saying to dh that people buy absolute wrecks and live in them for ages before doing them up.

balalalala · 21/03/2019 20:21

@dimmu good luck! Very difficult market. Well we're waiting to hear still if they we accepting or rejecting our now asking price offer.... estate agent has been given till tomorrow afternoon otherwise we'll retract the offer and get looking elsewhere as we don't want to get into a chain with vendors that play games.

WBWIFE · 21/03/2019 21:04

We had our offer accepted on the other house project we love!! For a bargain 268k.. It's owned by taylor wimpey as it was bought from a part exchange by the old owner so they just wanted rid quickly and took a cheeky offer. So excited.

Can tell cat and dog piss lady to piss off now and stay in her bungalow forever more!

Thanks everyone. For keeping me sane and showing me that she is in fact a nutter lol

TiddleTaddleTat · 21/03/2019 23:23

Ahh congratulations on your cheeky offer being accepted @WBWIFE

We are in lease DOV hell... I am freaking out ... freeholder is not yet decided on whether they will consent to do the DOV ... god knows where we'll be if they don't
I'm tempted to try and find out the buyers details and call them to talk this through. The DOV is arguably completely unnecessary and could cost us months more before exchange if not the loss of this sale

Newdad19 · 21/03/2019 23:41

Hi, can we join?

Put our house for sale in early Feb and accepted an offer 2 weeks ago. Lower than we wanted but, similairly to others, best we had in the climate and was made from FTB who are flexible.

We fell in love with a house and tried to buy it the same week but it was sold from under us to a cash buyer unfortunately.

With nothing else decent on the market, we did a leaflet drop to a handful of houses we liked and to our surprise had 2 people responded to us! Have now had an offer accepted on one of them, a better property than we were trying to offer on in the first place and the seller also has no upwards chain and can move into their other property... so a fairly simple chain!

Only slight issue is that they have asked for us to wait until the first week in July to avoid an early repayment charge on their mortgage, which sounds ages away but it gives us time to get everything organised!

balalalala · 22/03/2019 06:52

@newdad19 wow that sounds great! July really isn't far away.

happychange · 22/03/2019 06:57

@Newdad19 July will come round so quickly! We accepted an offer in January and buyer asked to move in May, at the time felt like it was agessss away and now it's come by so quickly!!

TokyoSushi · 22/03/2019 10:11

Oh no @tiddletaddletat remind me what's going on with your lease? I know leasehold hideousness only too well!

The wait continues here, our vendors have still not said when they will get out, we're ready to go in! Get out of my house!!!