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Is our buyer too slow?

31 replies

Sc8880 · 14/02/2024 19:13

We accepted an offer on our house on 10 January, and had an offer accepted on 11 January. Since then, we got our solicitor, have had a survey done, instructed the local searches, completed all forms to date, received our mortgage offer and raised a few enquiries from our seller's property info form. The house we've offered on is vacant and ready. Our solicitor sent our forms to their solicitor a few weeks ago.

Our buyer, a cash buyer with nothing to sell, hasnt dont anything yet. The EA confirmed they definitely want a survey, and no idea if they're doing searches. EA said a couple of weeks ago the buyer is getting quotes for survey, last week they changed their tune and said their solicitor has sent them a few surveyors to choose from, no mention of quotes. The EA is now also saying they're trying to get funds in one place and it may take a few weeks.

EA said buyer is committed which I think they are as they travelled for miles for a second viewing and stayed for 45 minutes apparently. English isn't their first language, they're moving alone and are probably over 60 which all contributes towards the pace. Her son lives around the corner from us and she's moving to be near him. He is dealing with the EA but can only do so much living so far away, but we don't understand why he's not booking a survey for her to get it chalked off.

What we don't want is for them to do a survey really late on, ask for money off that we can't afford to give, and we lose the house we want.

Are we being unreasonable in asking them to book a survey in this month (5-7 weeks from accepted offer)? They were the first person to view our house, and they happened to make an offer 1% below asking that we accepted.

We really want to exchange towards the end of March and complete in April.

OP posts:
JohnnyM · 15/02/2024 18:19

We had a few chains break over the years, hence the advice to pause your solicitor.

There is quite a bit of work for the solicitor at and after actual exchange. Last time it happened to us was close to but before exchange and our solicitor let us settle for half the agreed fixed fee, so its worth checking with them if pausing now will save anything.

Mostlyoblivious · 23/02/2024 13:42

OP are you selling in London at all?

Sc8880 · 23/02/2024 17:26

Mostlyoblivious · 23/02/2024 13:42

OP are you selling in London at all?

No, near Cambridge! It's all moving forward now though. Survey is booked (Level 2 rather than 3) and their solicitor has everything they need to proceed. All systems go!

OP posts:
Whataretalkingabout · 23/02/2024 18:07

Excellent thread and contributions.

Hope everything works out in a timely fashion, OP.

Mostlyoblivious · 23/02/2024 19:53

Sc8880 · 23/02/2024 17:26

No, near Cambridge! It's all moving forward now though. Survey is booked (Level 2 rather than 3) and their solicitor has everything they need to proceed. All systems go!

That’s great news! Sorry, we are having very similar issues, including funds being removed from someone’s pension pot and was somewhat worried this person was playing multiple people..(!)(yes, a touch cynical!)
Best of luck with your sale!

Sc8880 · 23/02/2024 20:03

Mostlyoblivious · 23/02/2024 19:53

That’s great news! Sorry, we are having very similar issues, including funds being removed from someone’s pension pot and was somewhat worried this person was playing multiple people..(!)(yes, a touch cynical!)
Best of luck with your sale!

Ooh no, I hope it all works out. I thought ours seemed like all hope was lost after weeks and weeks of nothing, but we kept pushing for action following advice on here, and it worked in the end. They finally booked the survey and we received confirmation (yesterday from our solicitor!) that 'they're out the starting blocks' with the legal work too.

Now to hope the survey comes back okay and we have more straight forward ride from now on.

Best of luck to you!!

OP posts:
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