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Pulling Out of House Purchase / Advice

8 replies

ManchesterBlue · 11/03/2020 14:09

Hi All, apologies for the post, but I was looking for some advice / input as im fighting myself, with what is best to do

Im recently divorced, and the ex-wife is hitting me for huge child maintenance payments, which has forced me to sell my house - I can't afford to keep my current home under any circumstances, despite solicitors stating it needs to stay a constant for the kids

So on the 14th of January we saw a house that we fell in love with, it ticks all boxes, perfect size and more, for the kids and animals.

We hadn't sold ours, but made the offer anyway - the agent made us jump through hoops, then refused to accept the offer, until we had sold ours

On the 20th of January we sold ours, at a reduced price, in order to secure this house, and help with the maintenance payments

Our initial offer was rejected, we stated that it was a fair offer, £20k under asking price, as there is an unfinished garage - agent said if its a deal breaker they will finish the garage, so we offer £10k more, and its accepted

I then send 3 emails over the next few weeks, stating our offer inc the garage roof and we get no response

We then start chasing the agent as the vendors solicitors are not getting in contact with ours, this goes on for a week, and apparently they lost the forms....

5 weeks later and three sets of forms later!!!!! they still haven't provided ID or the relevant forms for the sale of the property, causing our buyers to be chasing every few days etc - we threaten to pull out, and then miraculously the forms appear with the solicitors

Then the agent comes back and says "we didn't say that the garage roof being finished was never on the table, and they don't operate like that, you bought the house as seen" - this is a lie, she did offer to finish the garage roof

So we are 8 weeks in, and now, the land that is at the side of the property, which we were told, was part of the property, actually isn't.... and its going to take a load of additional work / time to get this resolved

the agent sent us emails stating that they own it, then start to change their story, and then finally its not theirs to sell

We are 2 months in, and I just feel like im at the end with it all - I don't want to let our buyers down, but what can I do, other than pull out of this?

We can't rent for 6 months, as we need extra room for kids and animals, as well as making huge child maintenance payments

Any advice or anyone experience anything like this before?

OP posts:
Finfintytint · 11/03/2020 14:17

I’d pull out but try to find a suitable rental to put you in a better position to buy somewhere else. It’s difficult to find a place that will accept animals but it can be done. Extra room doesn’t matter so much if it’s temporary.

Finfintytint · 11/03/2020 14:19

Also, have you checked the child maintenance calculator as you imply your ex has decided on the sum?

ManchesterBlue · 11/03/2020 14:19

The thing is, renting is going to cost even more in the long run, so would you pull out, and let the chain collapse, or hang on for this one, if it ticks all boxes?

Im just worried that there's so many issues, that someone is trying to tell us something, and its one to miss out on

OP posts:
Finfintytint · 11/03/2020 14:24

If the sellers are creating problems this early on then there will be more issues no doubt. Walk away. Sounds like your house sold quickly so will sell again.

Jessie9323 · 11/03/2020 14:32

I'd personally pull out. Something iffy is going on. I wouldn't want to deal with dishonest sellers or agents.

Panicmode1 · 11/03/2020 14:39

Run, don't walk away from it....it sounds like a whole heap of trouble.

Be honest with your buyers and I'm sure you'll find something else. Or, you will sell yours again seeing as it's sold once already.

ManchesterBlue · 11/03/2020 14:58

I agree with you all to be honest, I think we've done all we can - I just wanted to sane people to provide some input, as I feel like im losing my mind with all the stress of this

OP posts:
Panicmode1 · 11/03/2020 15:02

It is such a hideously stressful process - our buyers pulled out on the day of exchange last time, and the time before that, we were sitting on the pavement, with our 2 month old baby, our flat all packed up waiting to hear that our buyers had transferred the funds so we could complete on our new house - and they failed to transfer the full amount because 'they didn't realise the deposit had to be in cleared funds'. Shock. Our current house is too small, but I'm not moving. Ever Grin

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