We had an offer accepted six weeks ago, and our vendor still hasn’t found anywhere to purchase. I understand he’s being very proactive, but not a lot is coming on the market. He won’t move into rented and has the luxury of time to wait.
It took us over six months to get a buyer for
our house, and they’re starting to get impatient. I really don’t want to risk losing them. We’re also moving to an area with very over subscribed schools, but have managed to secure a place for our sons, which expires mid Oct.
There’s nothing else on the market we like more, and new listing are slow.
We could break the chain and move into rented, but we’d pay an early repayment charge of £8k and lose a 1.4% fixed interest rate until 2027.
WWYD?