Wow that's a lot of moving!When we bought our last place, I had the keys and our removals van was on the driveway, and they were still packing stuff up.
Our removals guys were getting impatient and started talking about late charges, which helped to hurry them up.
They’d left the place in an absolute state and had to come back the next day to get the last of their stuff, which I’d moved into the garage so it was out of the way.
When my parents moved into their current place, their sellers left loads of stuff that they ran out of time to pack. Never came back for it so my parents “inherited” quite a lot of expensive garden equipment, tools, etc.
My parents have moved 18 times I think, and my wife and I have moved every three years since 2015, so for us it’s a regular occurrence. I guess most people don’t do it as often as us so they aren’t as prepared.
The nervous wait to exchange....
- Thread starter noj
- Start date
Yeah, mum and dad used to convert derelict barns and similar buildings — they did a Methodist chapel at one point.
So we would live in an on-site caravan or rental while the build was completed, then move into the house when it was finished, then put it on the market and look for the next place to convert.
They never had the funds to keep more than one place at a time, so while they made a reasonable living over the years, they also lost out at times thanks to a couple of recessions. Dad worked out recently that if they had kept them all, the portfolio would be worth about £16m today.
Man of Honour
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- 21 Nov 2004
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We were meant to exchange this week according to the estate agent. Hadn’t happened. We’ve given up chasing now, it’ll happen when it happens I guess. Doubtful it’ll happen over the summer. Frustrating having 9 weeks off work, having started the process in March and to be where we are now, but it seems to be out of our control. Nothing else has come up that’s suitable which is good because it means we’ve found a great property, but the downside being it limits how hard we can push those on the sellers side.
Soldato
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- 29 Jun 2004
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What's the going rates for a 5 year fixed?
Associate
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- 25 Jun 2005
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We should be exchanging back end of next week all being well, aiming for completion 1st week of August, fingers crossed!
Soldato
Back to square one today. Looking at properties 
That’s my Saturdays gone again…
The houses i am looking at today don’t fair well against the one that fell through on paper..
That’s my Saturdays gone again…
The houses i am looking at today don’t fair well against the one that fell through on paper..
Back to square one today. Looking at properties
That’s my Saturdays gone again…
The houses i am looking at today don’t fair well against the one that fell through on paper..
Oh no, sorry to hear that mate - that sucks big time. Hope something comes through quickly to get it all rolling again.
Why did it fall through if you do not mind me asking?
Soldato
Seller pulled out after we got the mortgage valuation and asked if they were willing to negotiate as the mortgage lender valued it less than what we offered.
The seller said that his dad only has 3 months to live and decided to pull out even had we stuck to the original offer value
Sucka man sorryBack to square one today. Looking at properties
That’s my Saturdays gone again…
The houses i am looking at today don’t fair well against the one that fell through on paper..
Same boat now, the low baller offer has asked for 20K off, haha noty bye
Soldato
Yea man I think mortgage valuation is such a big factor to what you offer.Sucka man sorry
Same boat now, the low baller offer has asked for 20K off, haha noty bye
Is it possible to use the same desktop software algorithm that mortgage lenders use?
yeah the EA said theyd seen a number of down valuations, ppl just making it up with extra cash
Soldato
Very risky doing that as that eats into your own cash without any benefits, plus you start out in negetive equity
Soldato
Doubt it
Still looking since August 2021, 5 offers have fell through shortly after agreeing so far. Found a really nice one a month ago ethernet sockets in all rooms, understairs cubboard had loads of ethernet in it would have made a nice "server room" and generally neat and clean ready to move into (newish build). My offer was the highest but then someone offered full cash (same offer as me but in full instead of a small mortgage) which was so annoying. Been hoping it fell through ever since as it was exactly the type of house I wanted.
Been anoyying the estate agent every week enquiring about it haha
Been anoyying the estate agent every week enquiring about it haha
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Associate
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- 2 Sep 2007
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Offer accepted on a house today. The vendor is downsizing to a new build. I’m not sure they’ve found a plot yet. EA already pushing on moving sale forward. Would you ask to see proof of a plot secured before moving things forward? Mortgage survey etc.
Honestly, I wouldn't place your bets on anything, it can all change in an instant.
On one place we pulled the plug on:
1. At viewing and after offer accepted, they had a new build ready to go into (we were chain free and ready).
2. Then they pulled out, but no issue as they had a friend's to move into or an unlimited time rental (another friend).
3. 2 weeks after ignoring questions from solicitor, suddenly they had found a house in same village as their daughter, rental off the cards. That owner hadn't started looking properly, but they might have found somewhere, but that person might have found one, but also not started looking etc etc BS.
4. We pull out (big trainline also coming and by this time the DFT had released info on tenders on intrusive works and civils works for the next 10 years (350m away). A few hours after pulling out the Mrs gets missed calls from vendor for the rest of the day.
Don't mess chain free buyers around, or we will move on
We keep looking and would move if it were the right house. Unfortunately only new builds seem to come within our price range for what we want (600k, double garage, drive, decent garden, 1800+ sq foot), decent schools etc. We live in one now and it’s fine but I’m not sure I can deal with a brand new albeit small estate and all the issues associated with them. We might look at relocating to a cheaper area perhaps.
Associate
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I paid 50k over asking (650k). I have a feeling the mortgage surveyor will value it lower. If they do I will renegotiate. If they are not willing to budge drop out.