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Property Purchase Happy Stories Thread

12 replies

OhWifey · 21/06/2022 13:21

Hello,
We are in the process if selling / buying and I'm finding all the stories of gazumping, gazundering and long searches a bit scary. Can anyone share their recent experience of a house sale / purchase where it all went swimmingly. Please!

OP posts:
OhWifey · 21/06/2022 15:58

Oh dear....perhaps there are none!

OP posts:
BadAtMaths2 · 21/06/2022 16:05

Sold to first person through door, first time buyer. He was very reasonable and patiently waited till we found somewhere. Put in an offer as first person through door of house we liked, there was a slight planning issue that took a few weeks to resolve, and the mortgage company wanted to downvalue by £5k. (Identical house up the road sold 12 months later in worse state than ours for £100k more so what did they know). Our sellers had already moved out.

But all in all very smooth really.

GymMum2012 · 21/06/2022 16:20

We found our place after about 3 weeks of looking, only people to view it, made an offer which was rejected but they told us what they would accept. They found somewhere a couple of weeks after that.
Searches took a while but nothing unreasonable, survey was fine, mortgage went through with no issues or down valuing.
Only minor (and I mean minor) blip was when the person they were buying from wanted to push completion on by 6 weeks to after Christmas. We'd already agreed a date between us so they went back and said no and he basically went 'OK then' and it all went back to the original completion date!
Exchange and completion happened smoothly and if anything we completed a little too easily as we'd completed by 10.30am but didn't get the keys until 2pm!

I was extremely stressed throughout the entire process because we loved the house so much but it was an incredibly smooth process. We've been in 6 months and I adore my house!

Sailorchick14 · 22/06/2022 14:39

Viewed a house we loved before ours had sold. Unsurprisingly it sold within days of going on market. When ours did sell we had an offer accepted on a house we really liked but still not as much as the other house.

Just on the off chance rang the estate agent first house was selling through to see if they were aware of any other houses in that area about to come available and by chance the chain had collapsed that day. Got a second viewing arranged before they could remarket it and offer accepted. Took ages for chain to complete and exchange but been here a year now and love it. Was obviously meant to be!

Did feel a bit sorry for the sellers of the other house that we withdrew our offer from but they sold quickly afterwards too.

Tessasanderson · 22/06/2022 14:54

within the last 10months. Saw house we liked, hadnt even advertised ours. Asked them to consider our house as part exchange. Came and valued. Offered £10k less than we wanted. Did a deal at £10k more plus guarentee they would pay applicable stamp duty at time of handover. 24hours later our house was advertised and we had 5 viewings that night. Our house sold for £10k more than we got for it the next day.

They took about 4months to finish building our new house. In that time the costs etc spriralled considerably for builders but they maintained cost. By the time we moved in the same house would have cost £30k more.

Throughout the time we waited we didnt have a single worry about how the buyers of our new house were having to wait. It wasnt our problem as we were selling to house builder, not new buyer. My partner sorted mortgage, did the conveyancing, including getting the house builder to update lots of covenants and docs that were completely out of date.

All in all, i reckon i just had to say yes and then sign a couple of forms. Easy peasy.

rodham · 22/06/2022 15:09

FTB, completed a month ago, bought a house with no onward chain. It did take 10 months of looking and 5 offers where we missed out at best and finals, but once we had an offer accepted it all went swimmingly.

8 weeks from offer to completion...mortgage offer was back within days, full building survey came back no issues, searches and enquiries were all straightforward. I think we deserved it though after so many knock backs!

OhWifey · 22/06/2022 15:57

Great stories. Thank you. They're making me feel much better. Especially the 8 week one! We have the survey hurdle ahead of us. Not anticipating any problems but it still makes me anxious

OP posts:
JustKeepLookingWithYourEyes · 22/06/2022 16:04

We sold our house within 3 days of it going on the market to a lovely set of first time buyers. No messing around, they left the viewing and put an offer in 10 minutes later, we accepted it later that day. We had been struggling to find anything we liked, so we upped our budget by £30k, first house at the new budget we viewed we put in an offer straight after at £10k under asking, we compromised at £5k under asking. Everybody’s solicitors were on the ball and we completed within 9 weeks, 3 in a chain. Only slight hiccup was that our house had something thrown up on the survey that we hadn’t expected and needed fixing, we offered to pay because it turned out it was something we damaged whilst doing DIY work, oops! Overall I was surprised at how not stressful it was compared to buying our first house!

YesHesAPlonker · 22/06/2022 16:11

I was responsible for the sale of an inherited property that needed a lot of work. Valuations differed by £50k 🤷‍♀️ - went with the highest valuation as that EA said he had buyers waiting. Offer before it was marketed - which fell through as he decided he needed one more bedroom 😏. Second viewers offered asking, they then SOLD theirs to a developer with a fast exchange and completion - nothing fazed them, survey found asbestos - as expected in a house that age, so we agreed a reduction. The race was simply to complete so they didn't end up homeless.

I was shocked at how quickly it can happen if the will is there.

And yes, my own move a few years ago, in lockdown, was blighted by a gazundering at the bottom of the chain by cash buyers.

Good luck ! 🤞

sarahb083 · 22/06/2022 16:43

Bought a house after the owner had passed away. Everything was very straightforward, survey and searches both came back fine. No issues in the process at all. Whole thing took about two months and we managed to get in before Christmas.

redfairy · 23/06/2022 00:22

Sold house within 24 hours if being on market in December. Found my new home within a fortnight then completed in very short chain a fortnight ago. Only delays were with Land Registry which were procedural and exchange/completion got a bit fraught at the end as people's mortgage offers were due to expire. Probably would have been in at the end of March had it not been for Land Registry but like the rest of the country at the moment everything is taking just a little bit longer.

jobnockey · 24/06/2022 14:22

We have just completed on our first house purchase (I'm in my 40s and never thought this day would come!).
Viewed and were outbid on many houses before seeing our one...
I was first person to view it and put an offer in straight away... fully expecting to have to go to best and final and miss out (again). However, as we were FTB and ready to proceed straight away the sellers accepted a (slightly increased) offer from us!
We then expected to have to wait for ages for them to find a place, as they had quite specific needs, but got a call from EA 2 weeks later saying theyd had an offer accepted on a chain free place. Our survey raised a few issues but nothing deal-breakery, Fast forward a rlatively stress free 4 months and we've now got the keys!!!!
best of luck OP. I never thought we'd ever get anywhere but it does happen eventually!

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