Please tell me it all works out for a reason?

[Custardcreams35]

We’re bidding on a house which we really liked, but it’s gone under offer to someone else.

6 months we’ve been looking for ☹️ I know it’s not really the end of the world, but this is the third time we’ve missed out on a house we like (the last two pulled off market).

please can you tell me your stories of where someone pulled out or you got outbid but it all worked out for the best?

You may still get your chance yet.

13th April:

Figures from Quick Move Now have revealed that 55.8% of property sales in England and Wales collapsed before completion, as uncertainty continued to plague the property market.
Of the sales that failed, 29% were attributed to buyers getting cold feet and changing their minds about the property. A further 25% were due to the buyer pulling out over legal issues or as a result of a survey report. The remaining failed sales were attributed to chain break, difficulty securing a mortgage, slow sale progress and miscellaneous causes.

https://www.propertyreporter.co.uk/q1-sees-over-half-of-property-sales-fall-through-as-market-readjusts.html

I genuinely cried for a whole weekend when we lost out to a house that I was convinced was our dream home. It sounds dramatic but I really thought we would never find another place as perfect and I had built up this whole life in my head.

Well, all the drama was for nothing! We are now in the most beautiful home. It needs less structural work, in the same area as the first house, and is just generally an all round much better house.

It does all work out, it can just feel very shit when you’re in it and don’t have a fast forward button to see where it ends!

What's meant for you won't go past you.

The housing market may have a small pick up in September as people try and move before the end of the year but other than that it's heading for stagnation.

As a chain free first time buyer you will be in a really strong position and your time (and house) will come - quite likely at a reduced price.

The last home that I bought I had my offer accepted, then was gazumped. I upped my offer (asking my parents if they'd lend me £10,000) and the other party upped their offer again. I physically couldn't afford any more, so walked away heartbroken.

The estate agent rang me up a couple of weeks later saying that one of the couple who had gazumped me had been made redundant, so their mortgage offer had been withdrawn, so the house was mine if I still wanted it. I put my original offer back onto the table and it was accepted.

Turned out that it wasn't my forever home- I met my now husband a couple of months after I completed and after a whirlwind romance moved in with him just a few weeks after meeting him!!!

But I do believe that what's meant for you will find you. Good luck! Try not to lose hope!

We bought our first house last year and it was becoming seriously demoralising...we lost out on 5 other houses at best and finals before we had our offer accepted.

I'm so pleased this is the house we got...in terms of work needing doing and location it's so much better than any of the others would have been. Plus it was chain free and such an easy purchase.

I'm really glad our offers weren't accepted - wish I could've seen into the future when I was in tears over it all!

We’ve been looking for nearly 3 years, and have lost 5 houses in that time. Property prices in our area since then have absolutely rocketed and now we can’t afford what we could have done back then. I’m devastated, and feel like we have no option now to move forward since our vendors pulled out 6 weeks ago ☹️

Selling my late mum and dads house. House tired but definitely not knackered. Had been on the market since May 22, not a single offer despite reductions, changed estate agents October 22. New agents immediately produce a buyer who makes an offer, not as much as we had hoped but the Liz truss shitshow was in full force at the time. That buyer ended up having a wobble and pulling out right before exchange at the start of January 23.
Next buyer comes along with an offer end of January. Claimed to be a cash buyer, no chain, proceed asap. Strings us along, pulls out at beginning of April citing personal reasons. I had been pushing him to show his supposed commitment by getting his survey done if he was going to have one.
We are despairing at this point. House was emptied mid December in anticipation of the original planned exchange and completion dates which were to be before Christmas.

Take a month off marketing whilst we change estate agents again. We felt there was too much BS from the agents and they weren't acting in our best interests.
Back to the original agents (only 2 in the village) and re marketed beginning of May.
They immediately produced a different cash buyer, already exchanged on their London property with a completion date but they had another home as well so no great rush to find anything. Dream buyers you might say. They offered full asking price subject to us taking it off the market and wanted to proceed as quickly as possible. No problem, our solicitor already had our paperwork ready to go.
Sale went through in 5 1/2 weeks, could have been quicker but we were so battle scarred from the other 2 buyers who messed us about we insisted on a week between exchange and completion.
Met the woman on completion day whilst I was finishing up cleaning there. She was very pleasant and normal, (mum and dad would have liked her) she told me she had had her eye on the house on RightMove since last summer. She always knew it was going to be her next house even when she saw it go sale agreed twice, she just knew they'd fall through and she'd get it in the end. Which of course was absolutely true. Jolly decent of them to offer us FAP in the circumstances!
Hang in there, funny things happen, if it's meant to be it will all work out.

Thank you for your stories! Makes me feel much better!