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Vendors havn'g found a house yet.

5 replies

malificent7 · 04/04/2021 23:12

I feel in a limbo. Found house 6 weeks ago so atill early days. Vendors are desperate to move apparently but they still havnt found a place. They wete bidfing bug it fell through. Is it normal to feel nervous in case it all falls through? We found this house in a day so we were quite quick

OP posts:
malificent7 · 04/04/2021 23:12

Havn't

OP posts:
Changingwiththetimes · 04/04/2021 23:58

Yes I'm in the same position. Except I had an offer accepted almost two months ago now. I have to move for my daughter's new school (and other reasons, but that puts a deadline on it).
Initially I was told the vendor would move in to rental, so I ordered searches and got a survey done. Now she says she has to buy a place (something about porting her mortgage, which I don't understand as she still has to requalify for it). So issues are: missing stamp duty holiday; having to now move in to rental myself (in London!), having to pay to store all my stuff and move twice.
I think if you are selling you should be prepared to move in to rental or with family if you can't find a property to buy. She is a single woman with no kids. The uncertainty- and fear she will decide not to sell at all - is stressful for me and my daughter.

dotdashdashdash · 05/04/2021 16:23

Where are you currently? rented or selling?

PotteringAlong · 05/04/2021 16:25

If they’re that desperate to sell to you they will move into rented. I would give a deadline and be prepared to walk away at that point if they don’t meet it.

Orangerunner10 · 05/04/2021 16:32

This happened to us and the vendor took it off the market in the end, to be honest I would keep looking. We have had three houses fall through now and have found something much better each time.

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