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House sale has fallen through for the 3rd time :-(

7 replies

Whatthehell2020000 · 26/06/2019 20:01

Hi everyone
There are no words for his down I feel right now.

The sale of our house has just fallen through - for the 3rd time.

The first time was in March - the people couldn't get a mortgage for the amount they needed.
The second time was in May - the chain collapsed.
The third time was today. We were due to exchange on Friday. The buyers have changed their mind and decided the garden is too small Angry.

Luckily as we are relocating because of work, we don't have a chain above us but once again, our plans are in jeopardy/slowed down

Please say our bad luck will end and that it will go through next time we sell

OP posts:
redpinkgreenyellow · 26/06/2019 20:07

I’m so sorry! What were those buyers thinking? Surely they saw the garden at viewing. I’m angry for you!

Whatthehell2020000 · 26/06/2019 20:29

I know, I just can't believe it. They really dithered about offering but hen seemed sure their mind was made up. I am so gutted right now. The whole process of selling and buying houses in England is soul destroying

OP posts:
seaorrell · 26/06/2019 21:35

That is awful, I hope your next buyers come through, the trouble is that you will worry about all the things that can go wrong, it is very stressful. I feel for you.

PintOfBovril · 26/06/2019 22:06

I'm so sorry for you and I do feel your pain! We tried to move last year and lost both houses we were purchasing, one due to the vendor pulling out the week of exchange and the other we got gazumped half way through the process... Then we decided to cut our losses and sell to our buyer anyway and try to rent in the meantime only to have her change her mind on day of planned exchange!! We were so sore from the whole thing and took a massive financial hit as of course everyone still needs paying for the work done so far. We started again this year when we found out I was pregnant...but I totally agree the whole thing is so stressful. You can't help but become emotionally invested and people seem so harsh, it brings the worst out in some. My only tip is to make sure you're with an estate agent who will really keep up the momentum after the offer is agreed. That way you stand a better chance of getting to exchange without too much time for everyone to start getting cold feet. I don't mean anyone should feel harassed or pressured but often the 'sales progression' part isn't prioritised and certainly for us this resulted in the first sale going kaput. Wishing you the best of luck for your next try. Keep swimming and you'll get there.

Whatthehell2020000 · 26/06/2019 22:06

@seaorrell exactly... It's not even once bitten twice shy....it's 3 times bitten and now neurotic Angry

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Whatthehell2020000 · 26/06/2019 22:09

@PintOfBovril Oh god that is so awful, I'm so sorry you've had similar . Have you managed to sell successfully now though?

You're so right about sales progression. It seems that EA forget you after it's all been handed to solicitors....

I feel so down today Sad

OP posts:
Neet90 · 26/06/2019 22:52

We tried selling last year and although we never got far it fell through 3 times (buyer circumstances changed so could no longer afford, second buyer waned to move immediately but we hadn't found anywhere to go to and third time they couldn't get a mortgage either) in the end we have up as our baby was due and Christmas was round the corner so I just wanted to nest. We decided to go back on the market this spring and have accepted an offer on our house and are doing the survey on our forward purchase but I won't pretend I'm not getting cold feet already as I have worries about the new house. Also it's frustrating as smaller houses are popping up for sale on our estate for the same money ours went up for. I personally didn't want to move unless we found somewhere we liked but houses always went to people in a smaller chain, rental prices are so expensive too so we couldn't afford to rent in order to bridge the gap until we found a house we wanted. It was stressful last year and it is stressful this year so I feel your pain.

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