Nigel-YZ1
Guru
- Location
- Somewhere else... maybe soon.
I can see that it is terribly frustrating for you.
I had the opposite problem - the buyer (who was not in a chain and supposedly had the money for the deposit) was taking months to sort it out. I gave a deadline to set a date for completion, but that passed so I instructed the estate agent to start showing more people round the house. The would-be buyer then stormed into the office and started bad-mouthing me for trying to 'gazump' her. The agent pointed out that (a) I had not increased the price and (b) It was her own fault for not completing or even agreeing when to complete.
I finally gave the buyer 5 days to come to an agreement or to forget it. Under that pressure she did not agree a date - she actually managed to get her solicitor to complete in 3 days!
On the flip side ... As a buyer, I let an amazing house purchase in Hebden Bridge slip through my fingers. I could have got a 4-bedroomed house in a fantastic elevated, south-facing position, with a great garden and spectacular views over the town and Calder Valley for about £20k in 1987. My offer had been accepted but I was under incredible pressure at work so I kept putting off sorting things out with my solicitor. The deal fell through. Years later I saw the house back on the market for over £300k!!!!
We've given the same ultimatum.
No answer from vendor or solicitor.