Apologies in advance for the long post. TLDR: back on the market after buyers pulled out close to exchange.
I’m back on this thread having had our buyers pull out when we were a couple of weeks away from exchange! The reason they gave was that the chain, which is 3 more houses, was taking too long! I’ve cried, I’ve got angry, I’ve called the estate agents all the names I could think of. Now we’re back to square one, and possibly will lose out on the house we love, not to mention tin all the money we’ve spent on surveys and sol’s fees so far.
We had originally put our house up for sale in August, then accepted an offer at the end of September. We found a place, after lots of looking and failed offers on other places, the our buyers had their survey and started making demands on us. They wanted £20,000 off the price, we said we’d take £5,000 off, which they agreed to. Then it was all going along nicely until the agent for the house we intend to buy kept lying about how long the chain was further up - 2 different stories in a week. Our buyers pulled out when they heard this. I complained to our EA as it’s the same company as the agent were buying through, she said our buyers couldn’t be persuaded to wait a couple more weeks until exchange! We felt so fed up with this EA, but we agreed to them re-marketing for us as an easier/quicker option. However, they tried to make us reduce the price in order to ‘get more reach on Right Move’, we refused and told them to remove the board from outside our house. Anyway, in a surprising turn of events, they have got 15 potential buyers lined up to view on Saturday. All of the fingers and toes are crossed for no time wasters! They are all FTBs so that could help with the chain situation, although, it makes us nervous that they will be the ones who the whole chain relies on.