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The all new buyers/sellers waiting room (continued) thread

1000 replies

sweetpickle2 · 28/02/2024 09:16

New thread!

OP posts:
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7
runningmom · 29/04/2024 17:47

@FineandDandie im so sorry to hear this. I can’t even imagine the stress it’s caused you. The only thing you can think is that things happen for a reason so maybe bigger and better things are coming x

@trampoline123 I was you until about 2-3 weeks ago. Accepted offer on mine and had my offer accepted mid Feb but buyer took about a month to have anything accepted then when he did the chain took another 4-5 weeks to close. So essentially nothing is really starting to happen for everyone else until now, some 10 weeks in. It’s been very frustrating. I kept an eye on Rightmove the whole time and did get to a point when I wanted to view something else but in all honesty, unless you purposely find an end of chain property you’ll be in the same position. The above EA did start to ask the question about someone at the top breaking the chain (ie going into rental) as I was expressing my frustration (I really am desperate to move in the six weeks holidays). Not sure how motivated my buyers are though (not had their r survey 😩done yet), but they’re FTB who are possibly living with family so not the same deadlines to work to??
It’s been super annoying only now being able to start the process properly and no guarantees anything will work out, but at least we’re on the way.

UtterlyQuackers · 29/04/2024 19:05

@FineandDandie Oh I am so sorry to hear this! I hope you can work something out x

We did not exchange today. My solicitor is on holiday. Nobody mentioned this last week when they said we might exchange. 🤷‍♀️

Purplepepsi · 29/04/2024 19:13

@FineandDandie oh no. I would definitely be weeping. This process is the pits. You have to rely on people being up front, honest and sensible and that seems a big ask.

My buyers apparently want to come and see the house again. I'm terrified they will pull out, we've already lost one set of buyers and I don't think our purchase will wait for us.

@UtterlyQuackers is there no one else who can help?

KatVal · 29/04/2024 19:56

trampoline123 · 29/04/2024 10:33

Hello - wanting some advice pretty please.

We had an offer accepted on a house back in early feb and our sellers are still yet to find somewhere. We are chain free but need to be out of our rented flat in august and son starts primary this Sept so we are a bit pushed for time now. We've been quite chilled but think we now need to start viewing other properties.

We don't want to pull out until/if we find something else but should I be upfront with the agent and say we are actively looking or keep it quiet?

I think that I'd be inclined to tell them that you're pushed for time and would need to find somewhere else and pull out if they don't find a property within the next few weeks!

KatVal · 29/04/2024 19:59

NoWordForFluffy · 28/04/2024 20:41

I'm pretty sure your mortgage company will need to agree, as if they fail to fuck off, they have a financial interest in the house. It's just got to be no!

That's what I was thinking too, we've gone back and said absolutely not! Luckily the EA has talked to them today and they've provisionally agreed to the 20th May (fingers crossed!)

KatVal · 29/04/2024 20:02

runningmom · 28/04/2024 21:02

Can they go into a hotel for the night?! Or is it that they just can’t physically move their stuff out on a weekday? Maybe they could move it out the Saturday before to a storage container so the next Friday on completion the house is empty and you offer to pay for a hotel for the night then they can move on the Saturday as they want?? Dues that make sense?
people are awful. I was reading on another chat about some FTB who had already got £7.5k from their vendors, were buying cash due to inheritance and days before exchange they were going to ask the vendor to pay the £500 needed for something or other and delay the whole chain. You should have seen the responses!!!!!!
Praying to the gods of moving for good news for all next week. Xxx

😱 that's horrendous! They didn't give any explanation other than they couldn't get time off work. Luckily they've agreed a week day now but said that's the only day they can do, so I'm really hoping that the date is feasible for our buyer!

FineandDandie · 29/04/2024 20:04

@Purplepepsi Yes, my buyer also wanted to come and view again, ostensibly to take measurements and show her parents around...made me wary, but she pulled out before she even made it back 🤷‍♀️ I'm fervently praying another buyer comes along quickly. At this stage I'm prepared to cut my losses and take what I'm offered, essentially. Incredibly frustrating!! Wishing you lots of luck and keeping fingers crossed for you.

KatVal · 29/04/2024 20:11

Sorry to hear this @FineandDandie it is gut wrenching but hopefully better things are coming. Sending virtual hugs x

noodles44 · 29/04/2024 20:16

@FineandDandie that sounds horrendous, your stress levels must be through the roof.
I hadn't moved out, but lost my first set of buyers just before we were about to exchange. My house went back on the market and I reduced the price by £25k and got new buyers within a month. Fortunately my seller hadn't sold to anyone else, so we went back in a chain. I am now at the point of exchange and chatting about contracts being signed and dates are beginning to be talked a out too. I am hopeful we will exchange this week, my solicitor sent the last enquiries to my buyers solicitor today and once they are satisfied, I need to go in and sign contracts. I cannot relax fully though after last time losing the buyers at this stage roughly. My buyer wants to come round with a carpet fitter on Wed to measure up. I am terrified they will see something they don't like!

I did get a bit of good news today. We lost the school places when the 1st sale fell through. My youngest has had a place for a while at the local primary, but my eldest got a spot at the senior school today, so am delighted.

Wishing everyone lots of house move luck in the coming week...

FineandDandie · 29/04/2024 20:18

Good luck, @noodles44!

BG2015 · 29/04/2024 20:30

Offered on the house we're interested in this morning after our initial purchase fell through because of rising damp issues.

I've not heard a thing all day. So bloomin frustrating. At least come back with a yes or no.

I did tell the EA, I'm 10 weeks into my sale and time is of the essence.

Do I ring again tomorrow or wait for them to get back to me.

MissJenn · 29/04/2024 20:42

Yes I would to confirm the offer was put to them as you haven’t heard back.

fromtheshires · 29/04/2024 21:12

I have a horrible feeling that I will be dropping out of this thread by the end of the week.

I had an email from our estate agent saying our buyer wants to view the house again. They have viewed twice and have been to measure up already so in my cynical head this means only one thing - they are after a price reduction.

I knew they would be getting cold feet as they have been ready to exchange for 5 weeks now and my solicitor is grating on me by seeming to never do anything unless i chase them. They were looking at the final enquiry 'shortly' almost a week ago and we haven't heard anything since. Its madness

This has led to a blazing row tonight between DH and I as he only ever sees roses and thinks I'm overreacting to another visit and need to stop seeing the bad everything.

I guess we will find out in a couple of days as to what we are going to do. We cant afford to drop any more as we then wont be able to afford out onward purchase. We may end up staying where we are as I wont be dropping the price.

My thoughts if they try it are they have until the end of the day to reconsider or I take the house off the market. This way the estate agent will have lost a large amount of money too by losing a sale.

Not really sure why I'm ranting but i need to rant to someone who will listen.

Purplepepsi · 29/04/2024 21:32

@fromtheshires oh no. Same as me I always assume the worst! Luckily my husband is even more pessimistic!!! I'm usually the optimistic one but this process has really taken it out of me. Fingers crossed it's not as bad as either of us think.

fromtheshires · 29/04/2024 21:46

Purplepepsi · 29/04/2024 21:32

@fromtheshires oh no. Same as me I always assume the worst! Luckily my husband is even more pessimistic!!! I'm usually the optimistic one but this process has really taken it out of me. Fingers crossed it's not as bad as either of us think.

Thanks. I am done with the whole thing. I am so stressed all day wondering what the next bullshit thing is going to be in the overly drawn out process. I wouldn't mind but DH is just so blazé about it so i have to do everything and keep on top of things all the time and im done. It also means another day off work to tidy the house and take the dog out for this viewing.

I think this is why I'm happy to walk if need be. We don't need to move, we are doing it because we want to move somewhere different with a different lifestyle.

It just pisses me off that they probably have FTB mentality that a fair few FTB on mumsnet have and want everything for nothing. Let's hope I'm wrong and they just really want to view their forever home again because they are so excited 🤔😂🙃

NoIdeaWhyNow · 29/04/2024 22:23

FineandDandie · 29/04/2024 17:36

We've moved from England to Scotland and brought all furniture up with us so no chance of getting it back down to re-stage...will just have to show it empty. Did have a previous low-ball offer and the agent has gone back to them because at this point I just want to cut losses!! Waiting to hear if they're still interested. We'd had an offer accepted up here on basis that we were so close to completion but I'll need to let them know our sale has fallen through and the likelihood is they'll go back on the market. Could weep!

The flat I'm trying to buy right now I offered on when it was empty. EA photos had furniture in it. I actually found it helpful to see it without furniture etc. because it gave me a better sense of space. Made the surveyor's job easier too I think! Good luck - hopefully the right buyer will snap it up quickly.

spinningcompass · 30/04/2024 02:00

Hello, can I join and come and share in the frustration? Our buyer has just pulled out, citing uncertainty about the area. We’re lucky (a weird kind of luck, but compared to many of you here) in that it’s only 6 weeks or so since we accepted the offer, but in that time we’ve had an offer accepted and the chain is complete. Or was complete. Our agent thinks he can get the house back under offer soon, but it may have implications for whether we can afford the house we want to buy, which is at the top of our budget. We turned down an equivalent offer from a lovely couple because the deposit the other person had was higher and it seemed a safer bet. Ha. In the meantime they have of course found somewhere else.

It’s such a shit system. I have no idea how those of you so much further down the line with conveyancing must be feeling.

Purplepepsi · 30/04/2024 06:56

Oh no @spinningcompass what a nightmare. Hope you get back on track soon.

runningmom · 30/04/2024 06:56

Morning all. This thread is keeping me sane. Who are all these flaky or demanding FTBs?! I hope they feel the wrath of the moving gods when they sell in years to come!
So neither EA got back to me yesterday despite telling me they’d get an update on the whole chain. My solicitor got back and said final queries with seller and she’s about to review all the searches on my purchase. No surveys yet 🙄. I’m booking mine today as fed up waiting. I know chain only completed two weeks ago but since my offer was back in Feb, it feels ridiculous that we might not complete til August onwards?? The system is awful.

Anyway for fun:
Chain length: six 🤦🏼‍♀️
When you sold yours: mid Feb
Position in chain: second
Desperate to complete by: August
Reason: divorce and moving with children and dog. Teacher so I only have the holidays to move.
Biggest frustration: not knowing even which month it will be!

Carry on!!

sugarbyebye · 30/04/2024 10:25

This thread fills me with dread and fascination. We really are just at the start and hoping it goes smoothly. I'm doing everything I can to ensure our buyers, who are very sensitive about doing any work, are reassured. I've booked in an electrical safety test and a gas safety test. Fortunately everything I've done in the house was performed by professionals (I bought alone) and I've kept all the compliance certificates and receipts. I'm amazed I did, I never used to be this organised! We've submitted everything to our solicitors now and the mortgage application is underway, so now I have to sit on my hands for a bit.

Chain length: three
When you sold yours: only last week
Position in chain: second
Desperate to complete by: end of summer, although we have no real time pressures, luckily enough
Reason: buying a place with my long term partner as he's been living in my terraced house for ten years and it's full of all his crap. We need a garage.
Biggest frustration: not being in control of the speed or flow of info. I work in high value capital equipment sales and I'm usually the one keeping everything moving, so it's hard for me to leave it to solicitors and estate agents.

fromtheshires · 30/04/2024 11:38

@sugarbyebye I may just be overreacting in my approach but our buyers lowballed us and then managed to get to almost asking price. I said when we accepted their offer that they would drop just before exchange.

I know what you mean about the lack of control. It's the solicitors who are the worst for doing their own thing. You just need to try and let it go however hard it is.

sugarbyebye · 30/04/2024 12:00

@fromtheshires i would be just like you. My partner sounds just like your DH. All he’s doing is signing forms, I’m the one stressing about everything and organising everything. Although to be fair to him, he is ripping through all the minor repair jobs I’m giving him for my house.

I’m doing more exercise than usual to keep the stress at bay. I’ll be fit as a fiddle by the time we move if our trajectory is like the others on this thread. One bonus at least!

GettingStuffed · 30/04/2024 12:18

We've finally got probate through, and although the house is on the market we've only had a handful of viewings in the last year.

Current plan, underway, is to have our permanent residence done up for sale and temporarily move. Into the probate house. Then when ours sells, EA says market is still very active due to ridiculous prices in Bristol, buy a new house that will be a multi generation house and then do necessary work on probate house
which is in a popular retirement town

So we're hoping plan comes to fruition before Christmas

Kaltenzahn · 30/04/2024 13:04

NoIdeaWhyNow · 28/04/2024 14:30

Same here! Offered on a flat before Easter weekend, had the offer accepted a few days later and property taken off the market. Got my mortgage offer sorted, solicitor instructed and survey booked within the week. Naively thought it would all be sorted by end of May as there's no chain but sellers have been slow. They only sent through their draft contract pack on Thursday and haven't got the management pack yet(I'm buying leasehold). I've had to send a few nudges to the estate agents to get things moving.

Survey was mostly fine. Though I'm really glad that the surveyor called me to talk through his findings before he sent the report through as I think the report would have majorly stressed me out without the context!!

Speaking to the solicitor on Friday, she reckons it'll take between 12-16 weeks. Bit bummed out as I thought it'd be quicker. In limbo at the moment, and trying not to think too much about it in case it doesn't work out.

Good luck - hope it goes as smoothly as it can do!

Thank you! Good luck to you too!

My sellers are also stalling a bit, they advertised as chain free so when my offer was accepted I optimistically pictured myself sitting in the garden over the summer. Turns out they're moving to Australia and are planning on booking their flights for some time in October 😂there go my plans for a housewarming BBQ!

UtterlyQuackers · 30/04/2024 17:40

We have not exchanged.. again!! Apparently it is all set for tomorrow though!

Our lovely buyer has threatened to pull out if exchange doesn't happen today.

So tomorrow will be the day one way or another! We'll either exchange or be going back on the market and the chain collapses. I don't think I will sleep tonight!

I bloody hate our system!!

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