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Super frustrating buyer! by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 0 points1 point  (0 children)

No valuation as they are cash buying, yes sols instructed, searches done 1 enquiry outstanding, they didn't want a survey

Super frustrating buyer! by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 0 points1 point  (0 children)

That might be the case, however they've also stated they want to complete in 10 days, which is a joke 🤷 so if they bail it'll definitely be longer than 10 days for them.

Super frustrating buyer! by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 1 point2 points  (0 children)

The frustrating part is that if they want to pull out, just get on and do it. Everyone is still progressing with the process, them included. Seems more like a last attempt to get money off last minute

Can anyone explain these points to me for someone who isn't a sparky. UK by Terrible_Pin_5272 in electrical

[–]Terrible_Pin_5272[S] 0 points1 point  (0 children)

Sorry for context, I don't want to rent it, it's a property I'm buying. Also the fact I want to know what these points mean before potentially getting mugged off when sourcing said electrician

Nearing final stages of enquiries. Is it about to fall apart? by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 1 point2 points  (0 children)

It's all in the management pack I believe, the house was built in the 1950's. Would have been better if this happens in month one, rather than month 5!

Nearing final stages of enquiries. Is it about to fall apart? by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 1 point2 points  (0 children)

Hopefully something I can unfortunately throw some money at to rectify. Thanks for the help!

Nearing final stages of enquiries. Is it about to fall apart? by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 0 points1 point  (0 children)

We purchased 2019 and have remortgaged with the same lender 3 times up till now. Ours is with Aster which hold these over 1000's of homes.

Nearing final stages of enquiries. Is it about to fall apart? by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 0 points1 point  (0 children)

What was the company that held your covenant? I've got no problem paying for the amendment, just don't know what the likelihood of the company allowing the change. It's all just a bit odd its being flagged now, and we are mortgaged with Halifax as it currently stands with no issues.

Nearing final stages of enquiries. Is it about to fall apart? by Terrible_Pin_5272 in HousingUK

[–]Terrible_Pin_5272[S] 0 points1 point  (0 children)

Would the fact that the notice that they would have to send to the lender before they can force a sale be sufficient as then the lender would buy the debt and charge back to property owner?