I’ll start this off by explaining that we don’t necessarily WANT to move but due to schools, costs of remortgaging and aging parents we’ve felt we should sell up and move. Hence why we already had slight reluctance about moving house.
We accepted an offer on ours mid September and had an offer accepted on a house mid October. Since then the process has gone pretty fast and we’re being chased to name a completion date by our buyers. We wanted the searches and valuation done before we had a survey done as we had an inkling that the price had on the house we’re buying was a bit high. We also had some concerns about the local area.
Saying that, it’s a quaint village, lovely community with lots of events going on and access to excellent schools so we were pretty happy.
Anyway, we’ve just heard that there is a plan to build almost 600 homes in and around the village - many of them 1 bedroom houses, so not necessarily family homes.
This worries us a lot! It’s not what we were looking for and we have concerns that the schools/doctors etc won’t cope and it will affect the feel of the village. They are also planning to build close to the house at the end of the lane so the slice of countryside we loved will be gone. We wouldn’t have made an offer if we’d known this.
I guess we pull out and try to keep our buyers happy and reassured??! They’ve sold and have moved in with family and there is a specific reason that they want our house so I think it will take a lot for them to back out of the purchase, but I can’t guarantee that, obviously!
Any advice/ reassurance gratefully received!!