Feckers that pull out of house sales at the last minute
#1
Scooby Regular
Thread Starter
Join Date: Jan 2002
Posts: 11,581
Likes: 0
Received 0 Likes
on
0 Posts
******* that pull out of house sales at the last minute
Is there any legal way I can have someone shot for pulling out of a house sale on the day of exchange because "it's taken too long"?
#2
Scooby Regular
The worst part is that you KNOW that they KNEW they were going to pull out at the last moment ... and they KNEW it weeks ago!!
I would pay them a little visit
Pete
I would pay them a little visit
Pete
#4
Originally Posted by pslewis
The worst part is that you KNOW that they KNEW they were going to pull out at the last moment ... and they KNEW it weeks ago!!
I would pay them a little visit
Pete
I would pay them a little visit
Pete
#5
if they were due to exchange today, then why pull out, if i recall, once you have exchanged, then completion must take place within 2 weeks, so they knew it was almost done and dusted. as pissy said, they wanted to bail earlier, but obviously didnt have the *****
mart
mart
Trending Topics
#8
Scooby Regular
Join Date: May 2004
Location: Ascended to the next level
Posts: 7,498
Likes: 0
Received 0 Likes
on
0 Posts
Wait for them to leave for work, and pay soem pikeys to break in and remove all their stuff.
Empty house....how hard can it be to move out now?
Empty house....how hard can it be to move out now?
#10
Scooby Regular
Join Date: May 2004
Location: Ascended to the next level
Posts: 7,498
Likes: 0
Received 0 Likes
on
0 Posts
Actually, that'a a good idea Pete, have a good confrontation slanging match....
Then when they try to re-sell, they have to notify that there is an ongoing neighbourly dispute. Of course, it could backfire.
Taking a dump on their doorstep might bring home the phrase "don't s**t on your own doorstep"
Then when they try to re-sell, they have to notify that there is an ongoing neighbourly dispute. Of course, it could backfire.
Taking a dump on their doorstep might bring home the phrase "don't s**t on your own doorstep"
#11
SN Fairy Godmother
Join Date: Nov 2003
Location: Far Far Away
Posts: 35,246
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Shark Man
Taking a dump on their doorstep might bring home the phrase "don't s**t on your own doorstep"
#12
Guest
Posts: n/a
Originally Posted by NotoriousREV
Is there any legal way I can have someone shot for pulling out of a house sale on the day of exchange because "it's taken too long"?
Dave
#13
Originally Posted by NotoriousREV
Is there any legal way I can have someone shot for pulling out of a house sale on the day of exchange because "it's taken too long"?
i find it amazing that when i purchased a new car, i had to pay a deposit, and sign a contract. if i wanted to pull out because i didnt want it anymore id lose the whole deposit, but i can buy a house, spend a fortune having surveys making sure its structurally sound on nothing more legally binding than, in effect, a handshake. crazy.
#14
Scooby Regular
Join Date: Oct 2004
Location: If you're not braking or accelerating you're wasting time.
Posts: 2,684
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by NotoriousREV
I live opposite them. Makes it 10 times worse as every time I see them I want to kill them
Sounds like a deliberate case of malice and revenge!
#16
******* pulled out on us the day before the guy went in to do the survey - this was 4 years ago. They wouldn't answer the phone or the door - not to us, not to the estate agent.
Fast forwards to a couple of months ago and the same hose comes onto the market, £30k more than it was 4 years ago. A colleague of my wife put in an offer and had it accepted only for exactly the same thing to happen
We are biding our time until 2010 and then we'll arange a joint viewing when the property inevitably comes back on the market
Fast forwards to a couple of months ago and the same hose comes onto the market, £30k more than it was 4 years ago. A colleague of my wife put in an offer and had it accepted only for exactly the same thing to happen
We are biding our time until 2010 and then we'll arange a joint viewing when the property inevitably comes back on the market
#17
Scooby Regular
iTrader: (2)
The UK needs a system like France.
Over there, when you agree to buy a property, (ie: when your offer is accepted), both the SELLER and the BUYER place 10% of the price with a notary.
If EITHER party doesn't complete within a given timescale, (usually 6 weeks, but can be extended by agreement), the other party walks away with BOTH party's money
You CAN get out of buying, but only for serious things like: didn't get the mortgage, found out there was a motorway or TGV line to be built through the garden, etc.
Alcazar
Over there, when you agree to buy a property, (ie: when your offer is accepted), both the SELLER and the BUYER place 10% of the price with a notary.
If EITHER party doesn't complete within a given timescale, (usually 6 weeks, but can be extended by agreement), the other party walks away with BOTH party's money
You CAN get out of buying, but only for serious things like: didn't get the mortgage, found out there was a motorway or TGV line to be built through the garden, etc.
Alcazar
#18
Scooby Regular
Join Date: Mar 2000
Location: Weston Super Mare, Somerset.
Posts: 14,102
Likes: 0
Received 0 Likes
on
0 Posts
Feel for you and I would join in the shooting
I was trying to sell in part of a long chain starting at a £150k flat with a big £700k pad at the top end. Then it all fell into place but the old biddy who was going to buy the flat changed her mind at the last minute on something completely trivial and so the whole fecking chain collapsed. Surveys alone in the chain must have totalled thousands quite apart from the general grief.
I even tried to find a way of buying the flat to keep the chain going but it was more than I could afford. So my sympathies mate. dl
I was trying to sell in part of a long chain starting at a £150k flat with a big £700k pad at the top end. Then it all fell into place but the old biddy who was going to buy the flat changed her mind at the last minute on something completely trivial and so the whole fecking chain collapsed. Surveys alone in the chain must have totalled thousands quite apart from the general grief.
I even tried to find a way of buying the flat to keep the chain going but it was more than I could afford. So my sympathies mate. dl
#19
Scooby Regular
Thread Starter
Join Date: Jan 2002
Posts: 11,581
Likes: 0
Received 0 Likes
on
0 Posts
Hmm, what a day of developments.
First of all, we did a deal with the builders that our vendor is buying off for them to buy our house to get the deal through (our house is £150k, their house is £750k).
Now our original buyers want to come round to talk about buying the house again. I'll be taking great pleasure in telling them to **** off
First of all, we did a deal with the builders that our vendor is buying off for them to buy our house to get the deal through (our house is £150k, their house is £750k).
Now our original buyers want to come round to talk about buying the house again. I'll be taking great pleasure in telling them to **** off
#20
Scooby Regular
Join Date: Nov 2000
Location: 32 cylinders and many cats
Posts: 18,658
Likes: 0
Received 1 Like
on
1 Post
It can still go horribly wrong in Scotland. We were holding off completing missives to allow the people we were buying from to sort out some access issues. Should have never started down that line as they pulled out with 3 weeks to go, which has allowed alternative arrangements (just). Doing it on the day sounds horrendous!
#21
Scooby Regular
Thread Starter
Join Date: Jan 2002
Posts: 11,581
Likes: 0
Received 0 Likes
on
0 Posts
Well, they've said they'll exchange tomorrow. I think it was some half-arsed scheme to get us to drop the price that luckily we didn't go for. Having the offer from the builders helped. I told them I don't care who buys it. If they exchange before the builder does it's theirs, if not then tough ****.
#22
Scooby Regular
Join Date: Jun 2002
Location: From Kent to Gloucestershire to Berkshire
Posts: 2,905
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by mart360
if they were due to exchange today, then why pull out, if i recall, once you have exchanged, then completion must take place within 2 weeks, so they knew it was almost done and dusted. as pissy said, they wanted to bail earlier, but obviously didnt have the *****
mart
mart
Once you've exchanged, you are normally liable for 10% of the purchase price if you pull out without a very good reason (mortgage being refused is not normally good enough IIRC, you should have got the mortgage offer through before exchanging!). This is where the "10% deposit on exchange" concept comes from. Although that 10% is often either paid between solicitors in a chain and/or reduced (sometimes to zero) for first time buyers, the contract will normally specify that you're liable for 10% anyway.
Before you've exchanged, you're legally liable for nothing. Seems to me that as there's big sums of money involved, people are often ****s about it and do all sorts of things to try and screw a few £k out of the process, often on a "who flinches first" type basis. I had sellers pull out on me on a previous attempted purchase as they decided they didn't like the prices where they were moving too (which of course they couldn't check before sellling their house ) I've also had a couple of instances of people obviously looking after number 1 and stuff anybody else; seems a shame but you often need to "play hardball" too if you're not going to get screwed.
Thread
Thread Starter
Forum
Replies
Last Post
fatboy_coach
General Technical
15
18 June 2016 03:48 PM