We accepted an offer on our house mid April. The EA told us the people had sold their house and were renting, so were keen to move quickly. We have relocated and are also renting so they sounded ideal.
12 weeks later we still haven't exchanged. Their solicitor seems to have been dragging things out, and on Friday we found out why. Rang EA to find out what's going on, to be told that the buyers are a new couple. Each of them still has a mortgage with a previous partner that they need to get out of. It is some sort of legal thing that the EA says takes 14 days to do He assures us that he has seen the legal paperwork and both the previous partners have no objection to the release..
I am furious. We accepted their (lower than we wanted) offer because they were in a position to move quickly. We are paying rent, and mortgage. Our sons were "renting" the house, but 3 weeks ago our solicitor said we were ready to complete so we moved them out, and of course that means their "rent" has stopped. Now the council is demanding we pay the council tax there, as well as here (2 different councils).
DH says there is nothing we can do, and I'm sure he's right. But if they've lied about this, what else have they lied about? How long do we give them? We really don't want to cut off our nose to spite our face and chance putting it back on the market, but who is to say that they won't drag this out for another 2 weeks, and another 2 weeks, and another 2 weeks?
The EA told us he would contact them today but, surprise surprise he couldn't get hold of them.
We didn't find a house we wanted to buy for 6 wks after we accepted their offer but that one is now almost ready to exchange but no sale to do it.
Our rental runs from 15th to 14th so after next week we are into yet another month's rent (we have to give a month's notice so that means paying for August as well). Another 2 months rent and I'm worried we won't actually have enough money to move at all.
What can we do? Do we have any redress against the EA? The buyers? Nobody has actually been forthcoming and told us what is happening- it was only us chasing that we've found out this.
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Unreasonable delays by house buyers. What can we do?
10 replies
elvislives · 05/07/2010 19:34
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