Hello
We are currently waiting to exchange on a house we absolutely love. We are already in rented having sold our house so are ready to go/ All searches etc done. The people we are buying from are buying a show home from redrow. We had thought this was going to be an easy sale. Redrow have gone from saying we need to exchange and complete in a month to we can exchange now but have a long stop completion date in August. This would be fine with us as this is when our rental property expires.
However our sellers are now having a standoff with Redrow saying they want a date in May (also fine with us). We are flexible in that we can exchange now and complete any time up to August.
however we are now at a standstill. Our sellers refuse to budge - redrow refuse to budge. Our sellers solicitors won’t answer any calls from our solicitors.
We are now looking at other properties that have no chain (and certainly not linked to redrow!) as we need to have somewhere to live before the next academic school year starts.
i guess I’m asking what would you do? We could hold on and see what happens only to be in the same position in July/August with nowhere to go? Or do we give up on this house we love and move on?