We’re absolutely stuffed.
We were waiting for a completion date when our buyer started making noises about not being happy with the ground rent on our flat. It’s a flat. The ground rent was explained to him when he made his offer nearly 4 months ago. He’s pulled out today. He said he was just finding the buying process too stressful (it has been incredibly straightforward up to this point. The only delay has been HIS solicitors not sending things on time). He had already asked for loads of stuff like the leasehold pack and other documents which we’ve now paid out for.
Our sellers have given us two weeks to find a new buyer.
It’s not going to happen. It took 6 months to get this offer. We’ve run the numbers again and after we’ve paid all the costs incurred already, and taking into account the changes in rates since our mortgage offer, if this falls through we’re stuck. House prices are still going up in our area and we can’t move further away due to family and work commitments.
We both work from home and I’m 20 weeks pregnant. We’re in a 2 bed flat (one double one single), no outside space. The house we had lined up was perfect and we’d sorted everything. We were ready to set a date and sign contracts on it. We thought we were at the same stage with the flat sale.
There is nothing we can do, and I don’t know why I’m posting other than to rail against the unfairness of it all. He’s completely fucked us over and walked away. I’m just absolutely devastated.