Very stressed with sellers

[whatacarryon2018]

Hi all,
Just looking for some advice really.
I'm a first time buyer, I found a little place in December, made an offer and it was accepted.
Mortgage was approved and I'm now ready to go.

Seller hasn't found a house. She's also now pregnant again. For this reason, she doesn't want to rent anywhere.
Solicitor has advised that this needs to get moving now as mortgage offer is on the table only until June. I've told seller all of this.
Should I start looking for other places? Should I hang on? I love the flat so much and desperately want it... I'm concerned that now she's due baby number 2 she may change mind and stay.

Any advice?

Depends on your market. In London, flats are not shifting and apparently already down double digit in central location, so sellers tend to be very responsive if they receive a decent offer as buyers have plenty of choice. Generally speaking, there is always another house/flat so may be a case of keep shopping around to keep your options open

Thanks Paulina.
That's interesting, flat is indeed in London!

I would start looking again!

Discreetly at first, don’t pull out until you see something else you love. In case she suddenly finds a miraculously chain free place to buy.

I'd start looking too.
I was told my seller would move in to rental and she's now changed her mind about that (EA says she needs to port mortgage, which suggests there's a penalty if she doesn't). So I have made an offer towards this cost if we complete before end of June. I want the house and it would cost me more if I had to pay the extra stamp duty plus having to rent myself. I have yet to hear if this will focus her efforts! I am also looking at rightmove again in case she decides not to sell at all.

Yes I would Indicate to the EA you are extremely worried Seller is moving too slowly and change in her circumstances is going to jeopardise the entire sale, you are losing faith that she will move into rented. Ask what reassurance she will provide and hint you might be forced to look elsewhere as you HAVE to make that June deadline.

Start looking for new flats.

I would start looking and also let estate agent know you need somewhere by end of June.

Yep start looking elsewhere as this is gonna take forever!
Where is it? We can help you look of you like! (Sorry - I love looking at Rightmove etc lol )

You will be lucky to find another property and complete by June.

I'd start looking on the quiet and keep your options open. For what it's worth we had to get our mortgage offer again because of slow sellers. There wasn't a huge issue at all, and actually got a better deal with a different bank in the end. Worth looking into if you absolutely want to this flat and nothing else.

You would be able to get a new mortgage offer, and as PP said you may end up needing to do this anyway as it is now less than 3 months til the end of June.

So whether you found a new flat to buy, or she embarked on a purchase tomorrow, time is short.

Have you paid for searches and survey on the flat, or are you waiting until she has had an offer accepted?

I found out I was expecting my second and had a 2 year old when we had just agreed to a sale a few years ago. We had wanted to move to get to the primary we wanted for our DS so it didn’t stop us - could your seller be moving for similar reasons ?
No harm in looking at other options though just in case OP.

There's plenty of flats for sale in London and prices are dropping in a lot of places. I'd find a chain-free one and get on with it. Your seller knows the score and isn't giving reassurances, quite the opposite. I'd definitely keep looking.