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Original poster

Gutted. Buyer pulled out.

43 replies

Gyptian · 12/06/2020 18:14

Our buyer pulled out today. We sold just before lockdown and have only just started to view properties we liked. I’m so disappointed. We tried to sell two years ago only to find there was knotweed in the garden as well as neighbouring ones. By the time a management plan was put in place, I had a work re-structure going on so we had to wait. Now this.🙁 I would understand if they had a change in personal circumstances or the survey pointed to significant issues. The only issues they raised was guttering and pointing to the brick work which is standard fare for Victorian terraces. They were told about the knotweed when they offered. It just felt like excuses and like they aren’t being honest with us. They won’t even let us have a copy of the survey. 🙁

OP posts:

Original poster

Gyptian · 13/06/2020 08:34

I think we’re going to try and move on and focus on trying to get a new buyer. It’s back on the market and viewings will take place next week. I’ve got to clean our tip of our house (4 of us at home throughout lockdown) and work out what to do with the children whilst viewings are happening. It’s not as if we can go to cinema/playgrounds etc like we could pre-lockdown!

If we find it happens again with the buyers pulling out post survey, we will consider getting our own survey done and rectify the issues before trying again.

OP posts:

MrsBobDylan · 13/06/2020 09:13

Sometimes it's not one thing but lots of small things. They offered and negotiated up, perhaps more than they were truely comfortable with, the market is all sorts of weird atm, they survey might have shown a few small things which would need to be sorted and maybe they then felt, as cash buyers, that they should have gone initially with a lower offer.

Most things come down to money in the end.

Lemonylemony · 14/06/2020 15:54

I’ve just chosen the surveyor for our purchase, and reading their Ts&Cs it actually states that the report is “for the benefit of the named client only” and is not to be disclosed “in whole or in part to any other parties without the express consent of the Surveyor.”

Didyousaysomethingdarling · 14/06/2020 20:13

@candle
If it was me I would let the seller have the survey as it would be no use to me now
I'm with you. People should be kind where possible.

FamilyOfAliens · 14/06/2020 22:27

People should be kind where possible.

It wouldn’t have been kind to save a stranger £400 by giving them my survey. It would have been foolish.

mumsy27 · 15/06/2020 01:51

@FamilyOfAliens can you explain how it's foolish to be kind!!?

FamilyOfAliens · 15/06/2020 06:36

[quote mumsy27]@FamilyOfAliens can you explain how it's foolish to be kind!!?[/quote]
I didn’t say that.

Patch23042 · 15/06/2020 08:29

The couple may have separated OP. It may be nothing to do with your house.

Hopefully you’ll get some viewings this week. What’s the market like in your locality?

ShadowMane · 15/06/2020 08:35

@FamilyOfAliens

People should be kind where possible.

It wouldn’t have been kind to save a stranger £400 by giving them my survey. It would have been foolish.

Why would it be foolish?

Youre not buying the house, you have let down the vendors, who you were going to buy the house from, you have caused inconvenience because you changed your mind. From the op it doesn't seem like they pulled out because of the survey results.

Original poster

Gyptian · 15/06/2020 08:56

Patch23042-the market is really busy. Busier than back in early March when we sold within a week. So fingers crossed. Only 3 viewings so far but I think this is because the house isn’t visible enough on Right Move. It’s gone back on with the Feb date it originally launched, so it’s not coming up in the search filters for houses uploaded in the last 24 hours/3 days/7 days etc. I’ve spoken to the estate agents so hopefully that should be sorted out soon.

OP posts:

pinkpepperclove · 15/06/2020 14:47

We had buyers pull out because of the survey. They shared with us and I am glad they did because we pointed out a number of inaccuracies and some complete false information in the report.

We respected their decision, however did advise them of the errors and question how much they paid for the report. Was £900 of complete nonsense.

We sold the house again a month later to a different couple so no harm done on our part.

pinkpepperclove · 15/06/2020 14:48

@Gyptian This happened to us and we were told the house has to be off the market for a certain period of time before it can show up as a new property. Hope they sort it!

pinkpepperclove · 15/06/2020 14:50

@Lemonylemony This is true r.e Terms and conditions. Our couple had no leg to stand on when they went back with the errors we pointed out to them in the report.

Cailleach1 · 15/06/2020 16:18

Our house went on the market and was under offer twice, within 2 weeks each time.. The first lot kept us stringing along for months. They had a couple of properties and didn't tell us the sale had fallen through on one and had to go under offer again. They pulled out in the end. We were accommodating beyond reason.
After being put on the market again, the house went under offer very quickly. The second buyers exchanged and completed like a dream.

If you really want to know what a surveyor's report will throw up, maybe hire a surveyor and get one done for yourself. If good, you could share this with any potential purchasers. They may still have to get a valuation survey, but you could just make yours available for a good idea of what they could expect on the house.

Happydaysforever123 · 15/06/2020 20:05

We put an offer on a flat a few years ago, when we had the survey done (very quickly after the offer) loads of stuff came up far more than we'd anticipated and that was obvious, the surveyor advised against proceeding without a big reduction. We pulled out telling the agent why, he was really nasty and asked us for a copy of the survey. Not a chance, if he'd been pleasant we might have passed it on but he wasn't. Maybe your agent has been rude to your ex buyers.

FizzAfterSix · 15/06/2020 21:46

@FamilyOfAliens Wow, you sound tighter than two coats of paint!

Didyousaysomethingdarling · 15/06/2020 21:49

[quote FizzAfterSix]@FamilyOfAliens Wow, you sound tighter than two coats of paint![/quote]
LOL

FamilyOfAliens · 15/06/2020 21:59

Why would it be foolish?

Can’t speak for the OP but I didn’t pull out because I changed my mind. I pulled out because the survey showed up serious damp problems that couldn’t be further investigated because the carpets couldn’t be lifted and the chimney breasts couldn’t be unblocked, so the full extent of the damp problems couldn’t be known until I had bought the house. Thankfully the house was in an area where there are lots of very similar properties so I just bought a different one that didn’t have damp problems.

Not buying a house that isn’t a wise financial investment is not “letting down the buyers”. Nobody is under any obligation to buy a house that isn’t right for them.

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