Well, almost 3 months into the process, it looks very likely that our chain is about to collapse. 😕
Our buyers have dragged their feet for weeks and weeks on end, not booking their survey while conveyancing enquiries were being done, and one or two minor issues were sorted out, despite us constantly practically pleading with them to do so to avoid holding up the chain. We have literally been so frustrated with the lack of communication we feel like we have been banging our heads against a brick wall. Despite relaying our fears to our agents that our buyers and their solicitors are painfully slow to respond and make decisions, we have been made to feel like we are overreacting and that this length of time is 'normal'.
On Friday we received a call from our sellers agents to say our sellers are at real risk of losing their forward sale as their seller is no longer willing to wait. The chain at the top are all ready to exchange and complete. So its us and our buyers that are the only ones not ready.
We relay this information back to our estate agent who makes some calls and discovers that no only have our buyers not booked a survey, that no searches have been applied for either!!! 3 months in!!! Can you believe this? I was honestly just gob smacked. What the hell have they been doing all this time and why are we only finding this out now??!!
We were then given the ultimatum of moving things forward or our seller puts our forward purchase back on the market, but we can't move forward until our buyer does!! So we are in between a rock and a hard place.
We have relayed the urgency to our buyers and their solicitor and asked for searches to be applied for and expedited and surveys booked to appease everyone and try and keep this fragile chain from breaking. Still very little movement.
I am honestly done with this process. What the hell do we do now? Do we wait for our buyers to catch up and then look for somewhere else ourselves? Do we go back on the market and try and find another buyer bearing in mind property here is very very slow to sell and it took us 7 months to find this buyer.