Tell me your happy stories of your buyers pulling out and your vendor waiting for you!

[Closetlibrarian]

Just that really. Our sodding buyers just pulled out - the week of exchange, 3 months into the process. Tell me your happy ending stories in terms of how long your vendor waited for you to find a new buyer?

Luckily ours went under offer very quickly first time. But our vendor has been very impatient to exchange and I’m so worried they’ll not give us a decent chance to get a new buyer. No chain above our vendor, which hopefully might make them more inclined to wait?

Oh GOD. It was all going so bloody well too. I hate this stupid process. We’ve bought/sold lots of times before and this has never happened to us before. I’m also under masses of work stress at the moment and this is tipping me over the edge

Our buyer disappeared.
The house we wanted gave us a week's grace to get a new one, or they'd start marketing again.
We put a rocket up our estate agent and they got us a new buyer within eight days.

We're almost ready to exchange now.

Our first lot of ( cunty) buyers pulled out after messing us about for weeks. They were the first to see our flat, put full asking price offer in beginning of Feb, then pulled out mid April 😳

We desperately wanted the house we were buying, tHe EA decided in his wisdom to not let the vendor know we had lost our buyers. Vendor found out, had a massive strop and said EA had till the end of May to get us under offer and ready to exchange or he was putting it on with another EA.

This was end of April, so we had a month to pull it together.

Found new, nice, uncomplicated buyers, moved in to dream house ( well its a wreck but will be dream house one day!) last Friday.

Keep the faith.. good luck.

Thank you both! You are giving me hope.

We lost our buyers twice, we started the offer process in July 2018 - we completed end of March this year. We never thought we would get there and we always had super short chains.

The first time we lost our buyers we found new buyers the same day. The second time we lost our buyers as they lost their buyers, we agreed to wait for them to find more buyers and the people we were buying off agreed to wait for us. We waited for two months then decided enough was enough and knew we could sell again easily, which we did. All in all our vendors waited for 9 months, and it was worth it. Our third buyers were dream buyers - in rented, buying in cash and no survey on our house.

Everyone said if it's meant to be it will be, I hated it at the time, but it's so right. We are so happy in the house and so thankful they waited. But if your vendors don't do the same just try and remember you will find something else.

We were selling a house to buy a new build. First buyer pulled out on day of exchange, didn't even bother telling the estate agent (we heard from his solicitor). Builder hung in there until we got a new offer, but second buyers fannied and farted around so much - it took them five whole weeks to instruct a surveyor who couldn't do it for another four weeks - that the builder's solicitors told us they were remarketing our plot (on which we'd already shelled out £8k in cash on upgrades etc). Fortunately the on site sales lady ignored them and left the "reserved" sticker on all the plans etc until we could finally exchange about a week later.

Wow LittleRen - so pleased it worked out for you. Your vendors sound like lovely people to wait that long.

We took almost 6 months to get our first buyers who then pulled out after messing us about for weeks. Fortunately the couple we were buying from gave us a grace period (length not specified) as they weren't in a rush and we had a lovely chain free couple offer us full along price a few weeks later and we all moved within 8 weeks.

It can be done but was super stressful! Best of luck to you and fingers crossed your estate agents work hard for you!

It really is super stressful csam isn’t it! We have viewings lined up for the weekend and for now our seller seems willing to wait for us. Not sure how long that will last though...

Best of luck for an early offer.
My only advice would be to keep in regular contact with the agent you're buying through so they can update their clients.
Nothing worse than no communication and don't rely on solicitor!!

In 2013 we had a buyer disappear we had taken ages to get an offer, then waited for them for months in their chain. We spent money and lost the house we wanted. We took a break and decided to wait until the following Spring to We were frazzled.
Thank goodness we did that! We got £140k more just 10 months later, we would have been in a really bad position as house prices had risen so much in the period we waited for them.
That was the London bubble, it’s over now but was actually a frightening time in retrospect.
So thanks to our flaky buyers, sometimes these things happen for the best !!

Oh dear Ruby. Glad it worked out for you in the long run, but I will be devastated if we lose the house we’re trying to buy. Plus timing is sort of now or never due to age of DC, schools, etc.

Not us but the Vendor of the house we now own.
We saw our house on RM, but didn’t view as our sale had fallen through. It then went marked as sold.
4 months later we sold our house and were cash buyers. The house we wanted came back on RM, as the vendors buyer had pulled out at the last minute. We dashed round to view and made an offer there and then.
Two months later we were all in the houses we wanted.

A mum from school had 2 fall through and the estate agent got a new buyer within a couple of weeks both times. Finally sold 3rd and final buyer! Good luck.

Thanks guys! This is what I want to hear. 4 viewings lined up for Saturday. Fingers x'ed!

Our chain collapsed when we were on holiday at the end of July last year. Our buyer's buyer pulled out as the chain was taking too long (they had been ready to exchange since May as a long established chain behind them), we couldn't exchange until September at the earliest. All properties went back on the market on the Tuesday, we had a viewing Saturday afternoon and offer the same day, which after some to and fro we accepted on the Monday. Our vendor hadn't had any new offers so chain above was reinstated. We eventually moved at the beginning of October!

Lost our buyer day before exchange due, we were living abroad. Had to fly back home from to sort out remarket. Sold it again while we were back for the full asking price

God what a nightmare fussy! How long did it take you to find a new buyer?

Glad to see this thread and wondering what the outcome was for you @Closetlibrarian as same exact thing has happened to us. Crossing fingers my vendors will wait as no onwards chain but who knows how long it will take to find new buyers.
Will continue to pack and clean and pimp up the garden in readiness for next round of viewings 😫🥺😱🙄

hah - how funny. I was just late-night trawling this board and thought 'I recognise that thread title!'

I'm happy to say it all worked out in the end and I'm currently sitting on my sofa but really should be in bed in the vendors' ex house!

Our sale actually fell through a second time after I posted this originally. It was so bloody stressful. But our vendor was a good egg and waited for us. We got new offers relatively quickly each time (within a week or so) and eventually sold to the third lot of buyers. The whole process, from accepting offer from first buyers to finally moving in took 7 months.

Is your agent hustling to find you a new buyers? Ours was pretty good at that and, in fact, in the end we sold to people who'd viewed right at the beginning and whose offer we'd turned down in favour of the couple that subsequently pulled out after three months (and prompted the original post).

Hang in there. Drink wine. Eat chocolate and remind yourself that it's a shitty, shitty process that usually comes good in the end!