Relist or ask buyer for more money?

didntlikeanyofthesuggestions · 26/10/2025 12:51

Where have prices changed by 18%? Over what time period is this change?

ComfortFoodCafe · 26/10/2025 12:52

Its not the buyers fault, if this happened to me I would walk.

Mumlaplomb · 26/10/2025 12:55

Are you sure the market has risen? It’s stagnant or fallen in most places? If the buyers have their mortgage in place they will be unlikely to to agree to pay more.

Twiglets1 · 26/10/2025 12:56

Boppitybooboo · 26/10/2025 12:46

Our seller has walked. We have been sale agreed a long time as has our buyer. It's been an awful process. A lot of lies etc.
We are now priced out of the market we are looking at because the prices have changed by around 18%. What do we do ? Ask buyer for more money ? I hate the thought of doing that. Seems like such an awful thing to do. Or as per our estate agent just relist due to price changes.
Horrible either way. What would you do? Has this happened to anyone else?

How long has this all been going on that prices have risen by 18%??

It could work in a very different market. But in this market I would expect most buyers to refuse to pay any more money.

LifeBeginsToday · 26/10/2025 12:58

If I was a buyer and my vendor said the chain had broken, I need to wait x time for them to find a new home, start the process all over again and hope it doesn't fall apart again, and pay extra for the privilege, I'd tell them where to shove it.

Original poster

Boppitybooboo · 26/10/2025 13:04

Our property has definitely risen by 18%. Had it valued by the estate agent. As I said it's been a long time. I would rather not put too much information on the post re places etc.
Thanks for the input. I thought that would be the case.

OP posts:

TheBlueHotel · 26/10/2025 13:06

Boppitybooboo · 26/10/2025 13:04

Our property has definitely risen by 18%. Had it valued by the estate agent. As I said it's been a long time. I would rather not put too much information on the post re places etc.
Thanks for the input. I thought that would be the case.

But prices are falling everywhere. Just because your estate agent said it's risen doesn't mean that's true! Have you had a proper look at sold prices in your area?

Original poster

Boppitybooboo · 26/10/2025 13:11

TheBlueHotel · 26/10/2025 13:06

But prices are falling everywhere. Just because your estate agent said it's risen doesn't mean that's true! Have you had a proper look at sold prices in your area?

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Yes, definitely getting more than we have agreed. These aren't mansions. It's a great ftb area with lots of new things opening around it etc. The prices have probably changed by 25k.

OP posts:

Twiglets1 · 26/10/2025 13:14

Boppitybooboo · 26/10/2025 13:11

Yes, definitely getting more than we have agreed. These aren't mansions. It's a great ftb area with lots of new things opening around it etc. The prices have probably changed by 25k.

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If you really think your property is worth 18-25k more than the price agreed, you could relist it (giving your current buyers first refusal).

It's a risky strategy though and you are highly likely to lose your buyers.

Original poster

Boppitybooboo · 26/10/2025 13:17

Twiglets1 · 26/10/2025 13:14

If you really think your property is worth 18-25k more than the price agreed, you could relist it (giving your current buyers first refusal).

It's a risky strategy though and you are highly likely to lose your buyers.

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It's risky but we honestly can't afford to move if we don't get more. So in all honesty the chain would be broken anyway. Just a horrible end to an already horrible process.

OP posts:

AlastheDaffodils · 26/10/2025 13:19

If OP is outside Britain this could be true (in some cases). If in England almost certainly wrong. Possibly in Northern Ireland prices are going up that much?.

ETA: just seen OP has talked about 18% and also £18-25k. So this is a very cheap area. In that case the dynamics might be a bit different from the broad UK market. Maybe they have gone up that much.

Notagain75 · 26/10/2025 13:23

As you have lost your seller anyway. Unless you are desperate to move. I would explain to your buyer and take your house of the market for a while and then relist it. Tell your buyers that is what you will be doing as you can't find another property you want to buy.
If they are still interested and they haven't found anywhere else they can put in another offer.

Twiglets1 · 26/10/2025 13:23

Boppitybooboo · 26/10/2025 13:17

It's risky but we honestly can't afford to move if we don't get more. So in all honesty the chain would be broken anyway. Just a horrible end to an already horrible process.

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Sorry to hear that. Buying and selling really is a big headache a lot of the time.

Bluevelvetsofa · 26/10/2025 14:11

In that case, I’d stay put and relist next year. Unless your buyer is prepared to wait.

housethatbuiltme · 26/10/2025 19:44

Asking the buyer for more money is proper CF as is pulling out wating their time and money because you want to get someone else to pay more... both are immoral.

Frankly its not their fault you want something more than you have and the truth is you house isn't a stepping stone to better, its worth what its worth. Relisting higher might just mean you don't sell at all and chase the market down.

I waited well over a year on the house I was buying due to ownership issues and it went on so long the bank repossessed it. They appointed receivers to handle the repossession who cancelled our sale (very rudely said they could get way more than we offered despite never even seeing the house) and it failed to sell at auction 5x and when it did sell it went for £27k less than we where going to pay. They cost us money, time, stress and they lost money overall just through being greedy.

KeepPumping · 27/10/2025 14:46

Mumlaplomb · 26/10/2025 12:55

Are you sure the market has risen? It’s stagnant or fallen in most places? If the buyers have their mortgage in place they will be unlikely to to agree to pay more.

Exactly, this could scare the buyer away.

kirinm · 27/10/2025 17:53

House prices on the road I’m buying on changed massively over the last year (the first house we were buying was £950k but we pulled out and it sold a month or so ago for £1.15m! Thankfully the market has calmed since then but there was definitely huge growth over the last year and we knew we were on the cusp of being priced out.