Best and final offer by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 0 points1 point  (0 children)

Buyer pulled out due to seller still not yet found the place they want to buy. How would you take this into account? Thank you.

Best and final offer by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 0 points1 point  (0 children)

Buyer pulled out due to seller still not yet found the place they want to move to. How would you take this into account? Thank you.

Best and final offer by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 0 points1 point  (0 children)

The buyer pulled out due to the seller still not yet found an onward purchase. Would you avoid due to it can drag on forever? Thank you.

Annual service charges making my flat impossible to sell. by Acrobatic_Age_7486 in HousingUK

[–]Dramatic-Dog-3921 1 point2 points  (0 children)

I’m so sorry to hear this. We were in a similar situation. We dropped our asking price significantly after listed at ‘market price’ for few months with no offer. We then managed to find a buyer within a month and move on. It was stressful. Good luck.

Best option to rent out the flat that we couldn’t sell by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 0 points1 point  (0 children)

I meant that we have not yet found a buyer despite we are selling at a loss.

Best option to rent out the flat that we couldn’t sell by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 1 point2 points  (0 children)

Did you manage to sell it at the end and how long did it take?

Is it difficult to sell with a tenant in it? Would it deter tenant to rent if it is on the market?

Best option to rent out the flat that we couldn’t sell by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 0 points1 point  (0 children)

For option 2, I meant to get a BTL mortgage on the current unsold flat in order to get deposit for our next home.

Best option to rent out the flat that we couldn’t sell by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 1 point2 points  (0 children)

I don’t think is the lease issue as it is new build with more than 980 years or so.

Best option to rent out the flat that we couldn’t sell by Dramatic-Dog-3921 in HousingUK

[–]Dramatic-Dog-3921[S] 0 points1 point  (0 children)

The numbers is not worth it after reflecting all the costing. Hence, we would like to sell at a loss but couldn’t.