I am in a chain and my house actually sold in April! Unfortunately two other properties were added at the end of my buyers side of the chain. My seller decided he didn’t want to wait and pulled out. I ended up finding somewhere else. The owner of this house had told me, at the viewing, that they wanted to put an offer in on a new build but they had to have an accepted offer on their house before they could do this. They also said that the new build was ready in November. I liked the house and had my 2nd offer accepted. I had presumed I could get moved in this month. My solicitor got everything sorted quickly and I paid for a survey (I’d already paid for a survey for the house that was pulled from the chain).
It’s years since I bought a house and not sure what the house buying jargon means. My sellers estate agents has contacted me (after I emailed for a progress update, as things had gone quiet) to say that the builder has said they can’t have the new build until February. They said the buyer is willing to break the chain. What does that mean? They’d move out?
I am conscious that my buyer has waited since April and Christmas is fast approaching (I really don’t want to move house around Christmas). I am worried they’ll pull out if we wait till Feb. I am happy to wait though. I’ve already paid two lots of survey and solicitor search fees. I have boxes all over my house too so it’s not in a ‘’viewing’ state at the moment and I really don’t want that stress again (I am on my own).