Buyers asking for £60k off just before exchange

[Loobydoobies]

Just as the header says. Suddenly wrote us a long letter ranting about interest rates etc, and asking for a huge discount.

We live in an area where property is scarce and holding its value ATM due to that. Told agent to tell them where to go. I am furious as we will lose our dream home.

The eccentric way they type is their signature.

They are easily identifiable which I guess is the point.

we had this.. they suddenly asked fir a 20% discount.. they'd offered the asking price but said they were not happy with the survey ( which they refused to share with us!!) we eventually got what we wanted but it was a battle and extended sale time by about 3 weeks

it's horrible and I'm sorry you've been put in this position

The return of the Gazunder. Tell them where to go OP.

Crashytime was banned from moneysavingexpert for their aggressive and relentless posts

They have decided that Mumsnet now needs their wisdom!

I believe because they tried to set up new accounts to complain about it!

The way people on here react to Crashy is bizarre. And there's collective rudeness towards him (I assume him!) as well, by posters who moan about rudeness towards people they do agree with. Total double standards.

If you don't like what's said, ignore, don't engage. I find the posts interesting in the main with a portion of comment / opinion I think is nonsense (I think the 80:20 rule probably applies here)!

People are allowed different opinions, even if some seem far-fetched. 🤷‍♀️

@NoWordForFluffy Well, if enjoying threads being totally derailed by the same relentless agenda is your thing, then crack on.

You’re entitled to your opinion @NoWordForFluffy as are the people who don’t agree with the way Crashy and Co express themselves.

Funny how you also assume “he” is male, as do I. Something in his tone.

@WhistPie, I don't agree that it's persistent derailing. Some of it is informative.

@Twiglets1, there are ways to disagree without being rude or derisory though. It's like a school yard pile on sometimes. I think that kind of reaction is unnecessary (and actually derailing). IIRC, you got deleted for such behaviour recently.

Yes @NoWordForFluffy I got one post deleted in my Mumsnet history of 1000s of comments. And it wasn’t for rudeness but for something else.

Some of what Crashy posts is interesting, some is derailing. People are allowed to disagree with others on Mumsnet and do it quite rudely too. You obviously disagree with me and have formed a dislike as this is not the first time you have made a criticism of me. That’s fine.

I agree, it's the tone of 'us wimmin folk need educating.'

The majority of posters have interesting experiences, interpretations and knowledge that adds to discussion, even different viewpoints.

Crashy just drones on and on with their agenda, there's zero discussion. They're right, everyone else is wrong.

I think we all realise the property market is unpredictable at times and no one can see into the future. except crashy but also historically house prices, over time, rise.

So 'right/wrong' time to buy only really becomes relevant when it's an investment or a very short term plan.

@longwayoff @listsandbudgets Thankfully a happy ending (updates up thread)

I agree, but he has his fans.

Have to admit it’s the differences in opinion that make Mumsnet interesting and he certainly keeps things lively on the property forum 😂

Easy to say when your mortgage hasn`t gone up 1300 quid per month (like the other family) she will probably find a similar priced rental, or if she has kids get help from the council, still miles ahead financially of the couple who can barely pay their mortgage. In fact she could have stayed on for a long time in the rental, it would take a court many months to evict her if she kept paying the rent.

No it isnt daft, ask anyone who has rented and enjoyed the experience, with respect "renting" isnt defined by your personal experience with vulnerable families and there is no way that a recent house buyer with a mortgage is financially better off than someone renting from a good private landlord with sensible rents.

Did we watch the same show?! She absolutley cannot find somewhere even close to the same price.

Time will tell whether you are right or wrong about whether it's 'crashy time' in the housing market now but you clearly have no idea (or empathy) about renting right now especially with kids

@CrashyTime but there are increasingly fewer and fewer sensible rents available. You'd be surprised by some of the families needing our help. Plenty with two decent salaries. Maybe it's different region to region and yes there will be some with a good experience. Just like there will be some buying houses right now with a good experience. It really isn't the norm though. What is your current housing situation? I'm interested given your investment in housing prices but also adamant that renting is so easy right now

The answer to a rent/property price bubble caused by cheap debt is no more cheap debt, we are there now, keep the faith.

Oh Crashy, where’s your empathy for that poor family?

I can emphasise with the solution the lady came up with - "I will need to go out and get a job!" - Yes you will, adult decisions, like taking on mortgage debt, come with adult consequences, like still having to pay the debt even if rates rise (as it should have been obvious they would?)

she will probably find a similar priced rental, or if she has kids get help from the council

Yes, it's always being reported that there are lots of affordable, good quality rental properties to pick from and of course councils can easily provide a choice of accommodation for anyone struggling.

I don't know why anyone buys a house, really.

I totally get the logic of this in the long run and is essentially what Bank of England are doing trying to force short term financial misery.
Many many families will suffer in the meantime though and it's important to acknowledge that rather than blathering on about renting being easy and flexible.
You didn't answer your own housing positon? I can only assume you're renting somewhere that's in a bit of a bubble compared to the rest of the country but I am glad to hear it's been really positive for
You. I wouldn't wish housing insecurity on anyone

Well mortgage applications went down 40% recently and I am willing to bet all those people are still relatively comfortable in their present accommodation. People were "buying" houses because debt was cheap and they thought they would miss out on price rises (not going to benefit you at all unless you downsize!) unless they dived in, classic Ponzi Scheme behaviour, sales down about 50%, mortgage applications down about 40% and still the world turns.

They are trying to stop the stupid incontinent debt based spending that many people indulge in (that they have encouraged for years, LOL) because it is now becoming a negative due to wider global inflation, but still people keep spending! I saw Travelodge rooms in Scarborough recently at £200 per night, GTF! People are programmed to borrow and spend and wont stop unless they are forced to stop, but that is a long way from "financial misery", people who borrowed too much mortgage debt without considering higher rates caused their own financial misery, the BOE facilitated it, but they didnt "force" anyone.