Fuckity fuckity fuck fuck fuck...

[Dottydot]

Our house sale has fallen through. Right at the very end when we've spent over £1,000 on surveys and solicitors for the house we were buying.

How does it become a buyers market, when most people are both buyers and sellers? It drives me potty.

absolutely agree retrochick.

Well they've not got back to us yet... Will hold out for another couple of days but dp wants us to tell the people we're buying from - which is the Right Thing To Do, but would mean the end of it I think...

Oh no! Sorry to read this.

Would definitely try to get some off your purchase. Plus at the end of the month EA's are keen to meet their targets so one falling through, or the threat of, might get them negotiating frantically to achieve a compromise.

I think they're trying it on too. Can you hold your nerve and wait? Let them walk away if they want to?

Huge sympathies, DD.

Are your agents marketing it again straight away?

If you can hang on a cuple of days before telling your vendors, it helps to be able to say 'the agents have re-marketed'. The other people might wait - they know you might find a new buyer before they can - and you are further down the process.

I had this happen on two separate house sales - and both times a new buyer was found and I kept the house I was trying to buy. Once was in the slowest moving part of the property recession, too. The foirst time, the house I was buying tunrd out to be exactly right and an unrepeatable oportunity. The second - well, tbh, it would have been better in the long run if the sale had fallen through and we'd had to find somewhere else! But I would never have believed it at the time.

Bloody pointless HIPS and messing around - the gvt have not adressed the real frustrations and needless expense waste of conveyancing AT ALL!

Yes - LIZS tactic might be a good one! TRy and get the amount of your vendors! Are they keen to sell?

The market is falling. You may find that the people you are buying from will be willing to share the hit in order to keep the chain. It is worth asking, surely? Get back to the people selling you their house and explain the situation calmly. Tell them you have asked about further mortgage advance etc but you are absolutely at your limit so would have no option but to pull out, which seems a shame for a few grand. You may find they are willing to help.

The problem is we're in the middle of negotiations with the people we're buying from (or were buying from...). The house we want to buy needed so much work doing on it the valuation wasn't agreed following the first survey and costs are estimated at £14,000.... So we asked for all that off and they said no, we'd need to pay half, which we can't. So we've gone back and said we can find £4,000 and we haven't heard back.

So the good thing (ha, ha) is that because we're still in the middle of negotiating with the sellers, we haven't had to tell them yet.

Our house has gone straight back on the market but I'm not holding my breath...