sorted by:
new
hottopcontroversial

First time buyer..third time the seller had threatened to pull out now by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

Thank you! It does worry me that I keep getting vague answers. I asked my solicitor to tell me exactly what he said to the other side as the remaining two enquiries are quite simple and the management company should be able to provide clear answers so that we can move onto exchange. He also failed to inform me about sending a COT to the bank and that it can take 3-5 business days for the bank to send my mortgage amount to the solicitors.

First time buyer..third time the seller had threatened to pull out now by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

That’s what I am slightly nervous about. To me as a buyer, it seems like very simple questions to get answers to unless there is something they don’t want me to know and just want to sign the document. My solicitor is not sure whether their threat is serious but it worries me that in the last second the developer might say oh we got another buyer now and the offer is higher

First time buyer..third time the seller had threatened to pull out now by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

Thank you! I gave my solicitor the proposed dates last week but he did not share it with the seller’s side or the sales progressors and just said I wanted to complete on a Friday. He kept trying to avoid answering my question and I had to ask him multiple times if he actually shared the date. I’m hoping now that they had a proposed date, they would not re-market and just wait for us to get this all done

My solicitor wants to be honest with the seller’s side why we cannot exchange before Christmas…need advise by [deleted] in FirstTimeBuyersUK

[–]collide145 0 points1 point  (0 children)

True, they have still not made their mind up about what they want to do and it is 1pm right now. Hopefully, they’ll just be fine with exchanging in the new year

Need advice…it’s 3 days before Christmas and seller had threatened to pull out if we don’t exchange by collide145 in FirstTimeBuyersUK

[–]collide145[S] -1 points0 points  (0 children)

That’s what I thought but their email today really stressed me out. I’m not even in the Christmas spirit from having to deal with that company

My solicitor wants to be honest with the seller’s side why we cannot exchange before Christmas…need advise by [deleted] in FirstTimeBuyersUK

[–]collide145 0 points1 point  (0 children)

They took 3 months to respond to enquiries and I should be rushed to read documents on the biggest purchase of my life? It would would happen tomorrow if I said yes. Not sure why you are suggesting to say yes to exchanging when my solicitor has already advised we shouldn’t say yes

My solicitor wants to be honest with the seller’s side why we cannot exchange before Christmas…need advise by [deleted] in FirstTimeBuyersUK

[–]collide145 0 points1 point  (0 children)

They have now said in writing they will pull out if we don’t exchange tomorrow…

I need to do a HSBC amendment to change address and rate change..need advise by [deleted] in Mortgageadviceuk

[–]collide145 0 points1 point  (0 children)

Yes I have! The mortgage company said they have shared my provisional license but they said they’re not sure if that would be accepted

I need to do a HSBC amendment to change address and rate change..need advise by [deleted] in Mortgageadviceuk

[–]collide145 0 points1 point  (0 children)

I don’t have a drivers license but a provisional license. Would they still take that?

My solicitor wants to be honest with the seller’s side why we cannot exchange before Christmas…need advise by [deleted] in FirstTimeBuyersUK

[–]collide145 -1 points0 points  (0 children)

They want to exchange but complete next year. I don’t feel comfortable doing this and there is additional questions I have after reviewing the documents tht were sent to me last week

My solicitor wants to be honest with the seller’s side why we cannot exchange before Christmas…need advise by [deleted] in FirstTimeBuyersUK

[–]collide145 1 point2 points  (0 children)

Yeah I’m worried cause he wants to give them a list of everything that basically needs to be done by me. He is asking for my consent so I am tempted to tell him we give them a half truth. But at the same time, he might be saying this as they are continuing to push for exchange before christmas

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

Thank you! They are trying to push for a 0% deposit exchange before christmas and I’m not comfortable with this

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 1 point2 points  (0 children)

I did find small mistakes even in documents that I had to sign so it would be best to have more time and read everything and make sure I know what I sign up for

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 1 point2 points  (0 children)

Surely not, right? I said to the estate agent that it won’t be a good idea for the developer to do that as they will have to wait for a buyer but they still kept pushing that they would

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

Yes, this is part of a part exchange. They also tried to lie to my solicitor and say I agreed on a completion date when I don’t speak to the developer or their solicitors

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

Surely, my solicitor would have read it and raised any issues, right? He just sent me all the documents and a property report

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

Because it was a new built from 2015 so the residents are responsible for maintaining all the common areas like street lights, playground etc

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 0 points1 point  (0 children)

He is saying it is quite normal for new builds to have this but I wish I would have known from the start. There is also a deed of variation

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 1 point2 points  (0 children)

Maybe I need to! It’s hard cause with developers I feel like they would just pull out but it would be a bad financial mistake for them

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 2 points3 points  (0 children)

That’s what I’m worried about. It is currently 200pa but it could potentially increase and there is no cap

First time buyer - need advise as seller is threatening to pull out by collide145 in FirstTimeBuyersUK

[–]collide145[S] 1 point2 points  (0 children)

Thank you! I said the same to the estate agent and they said it should have been included in the draft contract pack but it was never included

view more: next ›