House selling rant

[wolf1]

No particular reason for this apart from venting.

Finally finished my house and for family reasons decided to sell so I could live closer to my kids. House went on the market and after a few viewings an offer was made that I was happy to accept. Now we are at the final stage and just about to exchange contracts. All searches etc have been done and their ifa had been telling my agent that everything was in order etc. So with all the confirmations from solicitors etc that we are just about to exchange I moved out into rented near my kids so they could exchange and then move in quickly.

Agent phones me yesterday saying there may be a problem with the buyer financing the deposit. What do you mean financing the deposit? You either have it or you don't! Why the hell this far down the road has the deposit not already been confirmed etc? I tell the agent to get it sorted asap and within ten minutes I get the news that the buyer has been trying to get a loan for the deposit but as it isn't the first time he's tried it doesn't look good.

To say I'm fuming would be an understatement! So that's two (alleged) professionals (the agent and the buyers ifa) and neither of them had the good grace to confirm the deposit existed or that there was a problem (ifa was fully aware of what was happening). So that's me with a solicitors bill for the conveyancing for my side and a house that still needs selling.

I don't know whether to sack the agent or go multiple agent and get them all to fight it out for first to sell etc.

Oh and sorry forgot to add a few fks into the text but seeing as this isn't the lounge I didn't bother.

[wolf1]

The survey and searches had been done and apparantly his solicitors were only waiting on the mortgage offer (which is where it all fell apart due to his and the ifas' messing about) ready to exchange etc.
Been onto the agent and got them to start remarketing the house asap.

Only consolation is that it will hopefully cost the old buyer more than myself in conveyancing fees etc.

Fingers crossed I can find a buyer in a reasonable time frame or I may have to rent the place out.

[wolf1]

Oh for fks sake! Second time round and another fking time waster! This time a wannabe buy to leter who obviously couldn't find the funds to buy the house.

I wouldn't mind if the place was a sthole but it's ready to move into without having to do anything to it. May have to contemplate renting it out but in all honesty I could do with the funds to put a deposit down on somewhere to live as I'm renting at the mo.

Anyone want to buy a house?

http://www.rightmove.co.uk/property-for-sale/prope...

[wolf1]

At last it's a done deal! last minute admin balls up by the conveyancer that required a 3 hour round trip just to sign another document that should have been dealt with weeks ago but IT'S BLOODY WELL GONE AT LAST! WOOHOO!.

Right onto the next one

[wolf1]

scenario8 said:

Assuming you've done a third deal, a deal that was put together after the posts above, and it's now exchanged, it seems you managed to get it through pretty darn quick considering this is the dreaded "can't get hold of anyone" month of August.

Congratulations.

Edited to add - I'd forgotten since I last followed that Rightmove link just how ridiculous the prices are oop North. Or down here. Or both. (See the thread below about a ftb purchase in London)

It was my fourth buyer and as luck would have it I had another party interested so it went up a few grand and I settled for the buyer with the ability to complete quickly rather than the highest bidder.

New house requires planning permission prior to mortgage offer being finalised so now I'm dealing with a whole different level of bureaucracy and incompetence and I don't even own that place yet