Paying seller to get out…

28 replies

Adj · 26/10/2022 20:18

Hi Guys,

I’m a first time buyer and my offer was accepted back in June. Still haven’t moved in as the seller is waiting on their sale to progress (at the stage of enquiries).

Getting very impatient as I really want to be in by Christmas, and selfishly want to pay the seller a few thousand to agree on completion date and just leave the property.

has anyone done this? Should I be doing this?

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Original poster

Adj · 27/10/2022 20:09

MillennialFalconer · 27/10/2022 08:27

In a similar situation, but I’m the seller. I wouldn’t accept your offer. I’m porting my mortgage and won’t risk losing the fix or being off the housing ladder if my onward purchase falls through.

That’s fair enough, have you found an somewhere else to buy? How far into your purchase are you?

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Original poster

Adj · 27/10/2022 20:11

SatinHeart · 27/10/2022 08:48

As pp have said, by all means ask the question, but don't be surprised if the answer is no. We were in your seller's position and out buyers wanted us to break the chain l. It would have cost us at least 10k in extra costs, never mind the inconvenience. We said no, they pulled out,

how long where they waiting for until they decided to dropped out? Found another buyer yet?

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Original poster

Adj · 27/10/2022 20:16

@Headabovetheparakeet you’re so right, I think I’m forgetting how much of a hassle it’ll be!

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