We’re FTB no rental and completely new to this ridiculous house buying business.
Our first offer was accepted on a property in December, and the buyer pulled their property off the market 6 weeks later. They were elderly and quite honestly by the end we had the impression their children instigated the move whereas they wanted to stay put.
First week this February we successfully offered on another property. We were told the sellers had properties earmarked, were putting an offer in on one, had instructed a solicitor and wanted our solicitor details.
After the previous disappointment, this sounded very promising and we paid a £500 upfront fee to instruct a solicitor. Our mortgage offer is also in place till August.
We’re now March. The sellers haven’t found anywhere, we call every week and no new updates. A week ago the estate agent said they were looking at “other options” to get the sale moving, but this came to nothing.
Our eldest starts primary school this September so it is our aim to be in a property prior to this date.
We really don’t want to start incurring more fees when the seller hasn’t even found a property yet.
What advice would you give to a pair of newbies - what should our next steps be?