Is anyone moving now?

[Jules Sunley]

Agree a deal ages ago, get near to exchange, decide to try and renegotiate 'to get a better deal' rather than something say cropping up on a survey that genuinely warrants a renegotiation. Seems pretty simple to me, that's like behaviour.

If I asked 'what's everyone's opinion of me punching someone in the face for no reason' I would expect the replies to call me a . That's not victimising, it's honest feedback.

The mistake is asking a stupid question, and then getting offended by the honest and warranted replies.

[Rob_125]

On the flip side, a good friend has recently pulled out of a purchase because the vendor decided they wanted more money. 'Because they had seen a house that was over budget'. ststers.

Turns out this is the 3rd time this property sale has fallen through....

[C70R]

Jules Sunley said:

Agree a deal ages ago, get near to exchange, decide to try and renegotiate 'to get a better deal' rather than something say cropping up on a survey that genuinely warrants a renegotiation. Seems pretty simple to me, that's like behaviour.

If I asked 'what's everyone's opinion of me punching someone in the face for no reason' I would expect the replies to call me a . That's not victimising, it's honest feedback.

The mistake is asking a stupid question, and then getting offended by the honest and warranted replies.

So calling me a horrible four-letter slur that you wouldn't say in front of your mother is "honest and warranted"?

That's a new one on me.

[ooid]

C70R said:

We're on the verge of exchanging (last bits of paperwork being done), and I'm contemplating throwing a slightly lower offer at the buyer. Curious if the experiences of those who've done the same...
]

You can try but do not be surprised to find one of the toilets suddenly not functioning as somehow someone poured a concrete/screed in there…

Seriously, lowering the offer can only be accepted after a survey done (for me at least).

Commercial property deals are different matter.

[C70R]

fesuvious said:

C70R said:

fesuvious said:

How far in advance of completion are you planning on exchanging?

Exchange is imminent, completion in around a month.

That does change the dynamic.

Gazundering is to deliberately exchange either simultaneously and change the price on the morning of the move, or exchanging 1 or 2 days prior.

The psychology is to put the vendor in a position whereby they are committed to moving, can't back out and you're truly fking them over.

A month out - tbf that is a renegotiation.

It needed clarifying as the former marks an individual as a . The latter is different.

Thank you for actually taking the time to contribute something helpful to the discussion.

[johnnyBv8]

Without getting into the slanging match, I think it’s poor behaviour when there’s no reason other than chancing your arm. You could do it, as long as you were prepared to take the risk of losing the opportunity to purchase altogether.

“Do as you would be done by”, as the idiom goes.

[C70R]

johnnyBv8 said:

Without getting into the slanging match, I think it’s poor behaviour when there’s no reason other than chancing your arm. You could do it, as long as you were prepared to take the risk of losing the opportunity to purchase altogether.

“Do as you would be done by”, as the idiom goes.

And that's fine. Were it me selling our house in London, I'd gladly tell them to put up or pull out.

But I'm not this guy, and he's not selling my house.

[Shnozz]

You canvassed opinion and you’ve had it. Your responses beyond that come across as a petulant child. You are of course free to conduct yourself as you see fit (and to maximise your own financial position), but personally I’d fall on your sword insofar as the responses on here are concerned.

[XCP]

Had a buyer reduce his offer on the day of completion, my furniture was being loaded at the time. I had no option but to agree.

Interestingly, the chap had someone attack him by throwing acid in his face. Obviously he annoyed someone with a different mindset to me once too often!

Hopefully they'll do a better job next time!

Edited by XCP on Sunday 10th July 20:16

[The Road Crew]

Had it done to me. They asked for 5k more 5 days before exchange.
I told them to sod off, via the agent. Told him I'd rather lose 5k in fees than pay him an extra penny - I knew I'd regret if I caved in, I would always feel like he'd done me over and itd niggle me for a long time.

Deal is a deal. My word means something, to me at least!

[skwdenyer]

XCP said:

Had a buyer reduce his offer on the day of completion, my furniture was being loaded at the time. I had no option but to agree.

Interestingly, the chap had someone attack him by throwing acid in his face. Obviously he annoyed someone with a different mindset to me once too often!

Hopefully they'll do a better job next time!

Edited by XCP on Sunday 10th July 20:16

Presumably this was another exchange and complete on the same day situation?

[okgo]

Have we asked what sort of amount you're looking to save here?

[bad company]

Shnozz said:

You canvassed opinion and you’ve had it. Your responses beyond that come across as a petulant child. You are of course free to conduct yourself as you see fit (and to maximise your own financial position), but personally I’d fall on your sword insofar as the responses on here are concerned.

This, 100%.

[Petrus1983]

C70R said:

I don't think we've overpaid, and there are no cold feet. Just sounding out the thread about something that was discussed over a beer, to see if anyone had been in the same position.

C70R - I’m due to exchange/complete a week Friday - the purchaser has done some things that have annoyed me already that includes cancelling my Sky broadband and switching gas/electrics. I’m also half expecting a last minute ‘change of price’. But that won’t happen. I’ll instantly put the price up by £25k and re-list it and certainly won’t have any communication with them. It’s not the financial aspect - it’s the ‘standards’ of who I want to deal with.

[C70R]

Shnozz said:

You canvassed opinion and you’ve had it. Your responses beyond that come across as a petulant child. You are of course free to conduct yourself as you see fit (and to maximise your own financial position), but personally I’d fall on your sword insofar as the responses on here are concerned.

I'm not sure you quite understand what "petulant" means, but that's fine.

I asked for input from people who had done similarly. I got an anonymous pile-on from a bunch of unhappy PHers who had zero relevent experience.

I've not argued the toss of people's opinions, particularly those with actually valid input, in spite of nobody agreeing with me.

If that makes me "petulant", then I need to relearn the definition.

[healeyfan]

I guess the fact that "they had zero relevant experience" kinda answers your question,

[bad company]

healeyfan said:

I guess the fact that "they had zero relevant experience" kinda answers your question,

He has no idea what relevant experience those critical of him have.

[healeyfan]

None. Hopefully. As it's not the "right" thing to do.

[theboss]

Petrus1983 said:

C70R said:

I don't think we've overpaid, and there are no cold feet. Just sounding out the thread about something that was discussed over a beer, to see if anyone had been in the same position.

C70R - I’m due to exchange/complete a week Friday - the purchaser has done some things that have annoyed me already that includes cancelling my Sky broadband and switching gas/electrics. I’m also half expecting a last minute ‘change of price’. But that won’t happen. I’ll instantly put the price up by £25k and re-list it and certainly won’t have any communication with them. It’s not the financial aspect - it’s the ‘standards’ of who I want to deal with.

Why are you exchanging and completing on the same day?

I exchanged approx 3 or 4 weeks before completing and thought that was normal.

[spikeyhead]

healeyfan said:

None. Hopefully. As it's not the "right" thing to do.

I'd been on the receiving end of it.

When asked for a large discount on the morning of exchange, I countered with a similar price increase and they backed down straight away. Had they not, they'd have not bought my house.