Buyer pulled out…..again

[Snugmummy]

so I posted before about our buyers needing more time to decide- after offering and us accepting.
They left us 10 long days in limbo and then finally came back and said they absolutely definitely want our house- they completely love it and started negotiating for our blinds, curtains , light fittings and gym equipment- they wanted it all!
We then went ahead and offered on our dream house, had our offer accepted and all surveys were completed with absolutely no issues whatsoever.
They then sent an email… a bloody email! To our estate agents on April fools day (feels horribly ironic) to say that, sorry, hope we understand but they’ve decided to buy another house. I’m so gutted - our dream house is now back on the market and so are we.
Please send me positive stories of a successful end to these situations, I’m aware they happen often, but never to us before. I’ve fallen in love with ‘our’ new house but feeling terribly depressed that we may lose it after all.

They then asked how quickly we could move, could we exchange and complete in the same week, so we then looked at rental properties, found one and started making arrangements. Dates for exchange/completion were agreed, removal vans for us were booked, deposit on a rental property was paid and then on the day of exchange one half of the couple signed and the other said "oh actually I don't think I want to"

appalling but bloody hell that was a risk… spending all that money before exchange

Awww - sorry to hear that. This happened to me and at the time I heard lots of people saying they’d found a much much better in the end and that they were glad it happened in many ways as the house they ended up in was better. I’m sure this will be your experience too - hugs.

Any new buyer of your dream house would take longer than you as you already have your surveys done etc. Hopefully you'll find a new buyer soon

We did this, put an offer in on a house we did really like but slightly out of the area we wanted to he in. We started the process with solicitors, but then our dream home in the village we wanted to stay in came up, so we pulled out. This wasn’t like say buying a bed or something, this is a massive commitment/expense and people will pull out if something else they fall in love with comes along. The couple who’s house we pulled out of don’t speak to us when we see them, but we couldn’t just stay buying their house just because we felt bad! It must be incredibly frustrating but surely it’s understandable?

this

It's really rough for the sellers but I think most people would do the same. One of my kids was buying a flat and the seller pulled out the morning after the house had been surveyed because they had changed their mind about moving. Now that is truly shitty behaviour. Luckily the surveyor hadn't started writing up the report so only charged about £300-£400 (can't remember the exact amount).

Why do you do this on all the threads that you comment on? You have a distinct posting style and despite the frequent name changes, you ALWAYS try to bring the OP down in one way or another. Does that bring joy to your clearly boring life?

goodness talk about seeing shadows!

i see your name crop up in a lot of threads- always the voice of doom & negativity.

link?

i sympathised with you
i said shitty and annoying
i said no one at fault

and you seem to have then thought i was shitty!

I dont know how to link to another thread. You are on several at the moment and have been questioned on the intentions of your questions by several other posters. It’s clearly just your particular style.

copy and paste 😕

ok i’ll bow out
if you reread my posts op … you’ll see i did agree that very frustrating for you

I disagree that it's 'nobody's fault'. Eventually you have to stop looking for the unicorn house and commit to the one you've made an offer on, particularly when you've put others to the expense of legal and survey fees. People are too prone to making 'maybe' offers and hedging their bets while they continue to look around. It's unfair to ignore the costs you've made someone incur with the messing about.

Well, yeah. They were. They’d dicked her about already.

A risk that the system forces you to take - there’s no way you could rely on finding a rental in the very short time between exchange and completion, especially with kids and pets. It’s not reckless behaviour.

a week between exchange and completion isn’t a required part of the system?

Did I mention a week? But most people do not want an extended period between exchange and completion, and these buyers were supposedly pushing for fast completion. It can take months to find a rental in some areas: why show so little empathy?

no but the PP to which i commented on and then you commented did…. did!!

i do have empathy with the Op and that Pp

the process is stressful and can be frustrating

but often not black and white given we are dealing with the single biggest purchase we make in our lives

It actually says in the same week, so even less time. So the sellers were clearly under pressure, worried about losing their sale or ending up homeless. The system we are in makes this sort of situation common; I don’t think anyone else would criticise them for taking steps to ensure they had somewhere to move to.

yes
my point is, they asked for within a week
vendor could say “no, too tight for us given our circumstances”

But they were worried about losing their sale and, as I said, they had no idea how long it would take to find a suitable rental - it could have been months. What else would you have had them do? We take risks with every bit of expenditure in the conveyancing process. Why was paying a deposit on there for next home specifically one worth criticism?

my point is….the system doesn’t “force” no more than a week between exchange and completion.

That was your point? OK.