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Original poster

Thread 3: "Anyone not being picky - and STILL can't find anything?"

408 replies

RidingMyBike · 02/04/2022 10:31

Thread 3 ready to go.
Link to thread 2:
www.mumsnet.com/Talk/property/4450168-Thread-2-Anyone-not-being-picky-and-STILL-cant-find-anything?pg=1

OP posts:
DancingBarefootOnIce · 13/04/2022 13:25

The house we just got accepted for today was one which came back on the market. I think previous bidder couldn’t get mortgage. I think we were lucky as they were desperate to sell and so got it for only £6k over the valuation which given the market is pretty decent.

Original poster
RidingMyBike · 16/04/2022 16:49

The house next door to the one we're buying has appeared on RM! We don't want it, it hasn't been extended so smaller than we want, but have been staring at the floorplan and pics as it's highly likely they were built at same time!

Assuming our sale goes thru though I imagine the new neighbours will also be doing building work as it looks very like a probate purchase judging by the decor and the lack of well, anything really, in the kitchen!

OP posts:
EmmaH2022 · 17/04/2022 20:29

How’s everyone?

Does anyone ever get a ridiculous feeling that they want to pull out of their purchase? My first two were so easy. I offered on the 20somerhing of Jan. I should be there by now. My current place is hellish in summer. If I pull out now I have time to organise a rental to get me out of the worst of summer in my flat and area.

Plus, what the hell are the vendors doing? I was full of sympathy for a probate sale but I am so over that.

I also have a bad impression of the management company. Hmm.

EmmaH2022 · 17/04/2022 22:51

Actually on second thoughts, it’s not ridiculous

MabelMoo23 · 17/04/2022 23:08

We still haven’t found anything yet, how our buyers haven’t given up on us I’ve no idea.

But I can see having to pull out - there is just nothing out there!!

And yes to the previous comment about properties coming back on, I think it’s purely from chains collapsing. Where we are, you cannot even view a house until you are sold STC, and unless you phone the EA the second it goes on RM, you have zero chance of getting a viewing.

So every new offer accepted, means then the vendor then has to start the process of finding a new property from scratch and so on. And people are getting pissed off with waiting

ByeByeMissAmericanPie · 17/04/2022 23:25

I’m waiting to hear if an offer I made on a house on Thursday will be accepted. It’s a good offer. The family have found nowhere else to buy.

I’m suggesting that we exchange ASAP but discuss the completion date as to what’s convenient to them. If they don’t want to exchange, then I’m out.

I’m a cash buyer in rented, and fed up with faffing about!

EmmaH2022 · 17/04/2022 23:31

Yes, the faffing in general seems to be a thing
Friends were amazed I had two easy faff free moves before
It would be different if we had a date but there’s so many issues with this

I don’t want to be strung along the whole summer. This should have been all done. Some of you might have seen my thread about mum. I don’t feel I can cope with a problematic purchase and mum. I was moving to be nearer to her but she may end up needing carers anyway.

It is a dilemma because I hate the area I’m in but I just cannot shake the bad gut feeling about this and the longer it drags on the more I feel like this.

Original poster
RidingMyBike · 18/04/2022 08:05

@EmmaH2022 do you know what stage they'd got to with probate? Is it a contested one? Our vendor is waiting for probate to be granted on the retirement flat he's buying and we were told by our solicitor to expect a 4-6 week delay but given an expected completion date of end May?

But I've heard wildly different things elsewhere on MN about how long probate is taking!

OP posts:
EmmaH2022 · 18/04/2022 09:17

Riding probate was granted before they put it on the market.

I still think there’s something about the place that the solicitor can’t find out. Something is odd.

I realise this might seem insensitive in view of it being probate. But they got it on the market quickly so why the slowness after? Mum thinks it’s not even been three months. My sister’s last experience was about a year but that’s buying and selling in a short chain.

KimCheese · 18/04/2022 13:56

Hello, might step into this thread for some advice.

We're in a chain, our buyers are the bottom of the chain and the top are having trouble finding a property.

This all happened end of Jan/Feb ab now we're all just waiting.

We do have an option to move out and into a house, it would be a huge faff and upheaval for the kids, but it would ensure we don't lose our buyers.

Would you do it? I've met them and they seemed happy enough waiting for now, but I'm worried they'll start to get antsy soon. I really don't want to go through the rigmarole of marketing again.

EmmaH2022 · 18/04/2022 18:03

Hi Kim
I guess it depends how much you need to sell and move.
Can you arrange it so you do your temporary move after exchange?

KimCheese · 19/04/2022 11:20

Thanks Emma - it's part of my separation, so whilst it's all amicable etc I just want it over and done with!

KimCheese · 19/04/2022 15:19

I wonder if it's possible to exchange but set the completion in a couple of months?

LouB76 · 19/04/2022 15:21

I'm so glad I've found my tribe 😆. Will post later after work.

Anyone else looking in Sale, Manchester?

EmmaH2022 · 19/04/2022 16:33

@KimCheese

I wonder if it's possible to exchange but set the completion in a couple of months?
It is, they call it delayed completion and I think there's extra conditions, like maybe you have to insure the property after exchange? Sounds worth looking into for you.
CheltenhamLady · 19/04/2022 16:48

@KimCheese

I wonder if it's possible to exchange but set the completion in a couple of months?
Yes, we did that. We exchanged almost 7 weeks ago and we move on Thursday. There were no conditions attached, but all parties had to agree to it, and that did cause a few issues but eventually, they did agree.

You are supposed to insure the property from exchange anyway, it just meant that we have buildings only on the new house and buildings and contents on our current home. I will swap the contents to the new home when we move.

LouB76 · 21/04/2022 13:39

I can't even get a viewing. I'm a no chain single buyer with deposit and MIP in place. My area is being saturated with cash buyers from HK. The estate agents won't even allow us locals, who need a mortgage, to view anything.

dubyalass · 21/04/2022 13:52

Still looking. Had a viewing on Tues - house was too small for me but opened my eyes to a new location. Would still rather be in my preferred location but the longer this goes on, the more I cast my net wider.

Am definitely seeing far fewer "offers over" and also reductions within a day or two if the fantastical initial asking price clearly resulted in zero interest. But still nothing I actually want to buy!

exceptmeandmymonkey · 21/04/2022 15:42

I'm hopeful there is a slowdown in the market, based on some recent experiences. 3-4 months ago, we were losing out to houses with bids going 100-200k over asking. Some of these were hideous 70s semis that needed tons of work.

In the last week, we've been one only two bidders on one property, had it suggested by an EA that a low-ball offer might be accepted on another, and a third property was taken off the market when it didn't achieve asking. This is in Bath and the surrounding villages, and I'm beginning to feel that the terrible reign of arrogant EAs who can not be bothered to even confirm addresses is perhaps over?

LouB76 · 21/04/2022 15:57

In the last week, we've been one only two bidders on one property, had it suggested by an EA that a low-ball offer might be accepted on another, and a third property was taken off the market when it didn't achieve asking. This is in Bath and the surrounding villages, and I'm beginning to feel that the terrible reign of arrogant EAs who can not be bothered to even confirm addresses is perhaps over?

I'm not seeing this in Trafford, Manchester yet. Might be different because of the schools. I tried to get a viewing in one last week and was declined because they already had over 20 viewings booked on behalf of Hong Kong Chinese who are all cash buyers.

CheltenhamLady · 24/04/2022 15:48

@LouB76

I have heard this is happening in a lot of places. Overseas buyers are bidding in droves for average family homes. I wonder what is going on or what has changed that we are seeing this happen more

TheLadyDIdGood · 24/04/2022 21:41

We got an offer on Friday on our house a bit under the asking price. As we received it late on Friday afternoon, we decided to go ahead with the viewings already arranged for yesterday afternoon. We'll hear from the estate agent tomorrow regarding Sat viewings.

I registered with five estate agents in the area I want to move to. They all said that they're filling open day viewings and selling before a property goes on rightmove. So Rightmove is out of date as some new properties sell before they're even advertised on RM. I'd advise you all to register with local estate agents ASAP rather than just relying on RM.

CamoTeaLaLa · 25/04/2022 08:22

We are FTB renting and had an offer at asking price accepted in late Jan. EA says the vendors have found somewhere to buy. I know the process takes time but it does rather crawl. Our day with the solicitor seems to be Wednesday, and when emails/queries etc happen so on tenterhooks midweek 🙃 Feel very much like we have just lost two weeks’ work by everyone for either side of Easter with the hols. We were away ourselves last week and fully expecting to be summoned back to sign something but that was just wishful thinking, and a huge fantasy 🤪

I kept the rightmove alerts on for ages after we’d found this place and the feeling that we’d overpaid soon dissipated after seeing what else was available. This house isn’t perfect but it’s what we need, and very nice 🏡

I expect I’ve missed a huge decluttering/packing advice thread…anyone have a link?

Paddingtonthebear · 25/04/2022 09:09

We are registered with all the local agents and we do get emails about new properties, but they also put them on RM at the same time. We’ve been looking for 12 months and and there has only been one occasion where an agent has called us about a property before it’s gone online. They don’t need to do call anyone here, the market it’s nuts and Rightmove does everything for them.

Paddingtonthebear · 25/04/2022 09:10

Argh excuse typos