We had an offer accepted on a property 6 weeks ago. We knew it was a tricky sale but were assured by EA that the house would be ready to go in July and the vendors wanted a quick sale. Last week we found out that the vendors had only applied for probate 2 weeks after we offered. Today, after weeks of chasing, we have finally been told that the vendor’s solicitor has only just issued the initial paperwork to them. It has just been excuses and lies.
We have buyers who are ready to go. I don’t want to loose them. I would be prepared to break a chain but I don’t think I should financially loose out (we are mortgage free) because the vendor and estate agents haven’t been honest and are dragging out the process. I wouldn’t have offered what we did on the house if we had been told they hadn’t applied for probate. But there is nothing else out there to buy; we are still viewing other properties.
Can I legitimately offer less now? Although it’s them messing us around, I feel cheeky reducing my offer or threatening to walk.