I am very annoyed and dissapointed as is the wife.
Been to look at a nice new house built by one of the big house builders. Its 3 bed semi large garden within the M25 not in a bad area for what we think is cheap.
Brilliant we thought been around 3 times decided we want it.
Tried to reserve it only to be told no because i cannot exchange within 28 days. I am told this is standard practice for new homes.
Then they try to tell me to use the part ex scheme they do where i will loose around £15k from the value of my existing home. But they will buy it within this 28 day period.
This seems absurd never have I been able to buy a house within 4 weeks when not a cash buyer. Seems to me like they don't want to sell to anyone with a chain.
I have tenants in my property at present whom i have served notice but it is two months but due to its location and desirability i have very little doubt i will have trouble selling it.
I know if they don't want to sell it to me they don't have to but this seems silly how can they expect people in a chain to commit to this 28 day or loose your reservation fee.
Anyone had any experience of this or how i can proceed? I have already spoken to someone else and asked to speak to someone more senior.
Its quite upsetting after sorting out the mortgage and all the other bits and bobs to be hit with this.
Been to look at a nice new house built by one of the big house builders. Its 3 bed semi large garden within the M25 not in a bad area for what we think is cheap.
Brilliant we thought been around 3 times decided we want it.
Tried to reserve it only to be told no because i cannot exchange within 28 days. I am told this is standard practice for new homes.
Then they try to tell me to use the part ex scheme they do where i will loose around £15k from the value of my existing home. But they will buy it within this 28 day period.
This seems absurd never have I been able to buy a house within 4 weeks when not a cash buyer. Seems to me like they don't want to sell to anyone with a chain.
I have tenants in my property at present whom i have served notice but it is two months but due to its location and desirability i have very little doubt i will have trouble selling it.
I know if they don't want to sell it to me they don't have to but this seems silly how can they expect people in a chain to commit to this 28 day or loose your reservation fee.
Anyone had any experience of this or how i can proceed? I have already spoken to someone else and asked to speak to someone more senior.
Its quite upsetting after sorting out the mortgage and all the other bits and bobs to be hit with this.