Pixie Dust needed - *UPDATED POST 27*
- Thread starter kristieuk
- Start date
Deedee
DIS Veteran
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Congratulations on the pregnancy 
as for the house i feel for you, we were in the same boat a few years ago the house our vendours were buying had to go through probate our buyers were threatening to pull out so we thought we were going to have to take out a bridging loan as i didn't want to lose this house. Just look after yourself and try not to worry too much
as for the house i feel for you, we were in the same boat a few years ago the house our vendours were buying had to go through probate our buyers were threatening to pull out so we thought we were going to have to take out a bridging loan as i didn't want to lose this house. Just look after yourself and try not to worry too much
kristieuk
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Just thought I would post an update about where we are currently....
After a week of money juggling, begging, racking our brains, and being generally very stressed, yesterday we had some really good news in that it was agreed we would at least exchange contracts, with a view to delaying completion. At least that way we would know both our sale and our purchase were safe, and the peace of mind in that would be priceless.
It was too good to be true though. Today, we were in a position to exchange on both, but the seller of the house we were buying couldn't be contacted to confirm. We were led to believe that he had no issue with the delay in completion, so it just an agonising wait for the call to say exchange had gone through.
But at about 4pm, the call came to say he was not happy to delay completion, and would not authorise exchange. Apparently, he has financial commitments - which of course I can understand - and he says he has no option but to complete on Wednesday. The problem is, we can't without selling our house, and even a bridging loan, if it were possible, wouldn't give us funds by Wednesday.
The long and short of it is that he will think about agreeing if we 'pay' him for his inconvenience and the money he says it will cost him in extra costs if he has to wait. DH has said no, simply because we don't have the spare cash to do that. The seller has had it explained that his alternative is to re-market his house, and even if he had an offer straight away, there would be no way a transaction could be complete within the 2 - 3 weeks we are asking for....
He is going to consider his position over the weekend, so we will see - but in the meantime, the agonising wait continues....I would love to believe he will see sense, but sometimes people just don't, and I'm really worried he will just tell us to stuff it.
And I can't even have a big glass of wine to ease my stress levels! I am on the verge of calling the whole thing off, and just waiting a few months until I can face the whole house buying nightmare again, but we will see what happens.
After a week of money juggling, begging, racking our brains, and being generally very stressed, yesterday we had some really good news in that it was agreed we would at least exchange contracts, with a view to delaying completion. At least that way we would know both our sale and our purchase were safe, and the peace of mind in that would be priceless.
It was too good to be true though. Today, we were in a position to exchange on both, but the seller of the house we were buying couldn't be contacted to confirm. We were led to believe that he had no issue with the delay in completion, so it just an agonising wait for the call to say exchange had gone through.
But at about 4pm, the call came to say he was not happy to delay completion, and would not authorise exchange. Apparently, he has financial commitments - which of course I can understand - and he says he has no option but to complete on Wednesday. The problem is, we can't without selling our house, and even a bridging loan, if it were possible, wouldn't give us funds by Wednesday.
The long and short of it is that he will think about agreeing if we 'pay' him for his inconvenience and the money he says it will cost him in extra costs if he has to wait. DH has said no, simply because we don't have the spare cash to do that. The seller has had it explained that his alternative is to re-market his house, and even if he had an offer straight away, there would be no way a transaction could be complete within the 2 - 3 weeks we are asking for....
He is going to consider his position over the weekend, so we will see - but in the meantime, the agonising wait continues....I would love to believe he will see sense, but sometimes people just don't, and I'm really worried he will just tell us to stuff it.
And I can't even have a big glass of wine to ease my stress levels! I am on the verge of calling the whole thing off, and just waiting a few months until I can face the whole house buying nightmare again, but we will see what happens.
arieljasmine
<font color=magenta>Who says these things pass you
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Sorry to hear that the situation hasn't improved yet, Kristie. Keep us in touch with what's going on, and fingers crossed for you.
ArielJasmine
ArielJasmine
kristieuk
DIS Veteran
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Well, fingers crossed, and lots of pixie dust still needed 
....we have been lucky enough to be able to borrow the £46k shortfall in selling and buying, and we have now exchanged contracts on both sale and purchase. Our purchase is due for completion on Friday, and our sale 2 weeks later, just hope it all goes to plan....
Thank you all so much for your kind wishes. We are busy packing up now, feeling a lot calmer, and looking forward to being in our new home by the weekend
....we have been lucky enough to be able to borrow the £46k shortfall in selling and buying, and we have now exchanged contracts on both sale and purchase. Our purchase is due for completion on Friday, and our sale 2 weeks later, just hope it all goes to plan....Thank you all so much for your kind wishes. We are busy packing up now, feeling a lot calmer, and looking forward to being in our new home by the weekend
mandymouse
Bahama Mama Time !!
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That's great news Kristie, I hope it all goes to plan natalielongstaff
<font color=deeppink>I need a cup of tea and a big
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brilliant news kirstie 
Hope you'll be very happy in your new home. 
Minniespal
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Excellent news Kristie Really chuffed for you
Will still keep my fingers crossed for you, just in case
Really chuffed for you Will still keep my fingers crossed for you, just in case
arieljasmine
<font color=magenta>Who says these things pass you
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That's great news, Kristie. I hope everything goes to plan, and that you will be very happy in your new home
ArielJasmine
ArielJasmine
Ware Bears
Bring me that horizon
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Great news!! and congratulations on your pregnancy!
and congratulations on your pregnancy! 
carolfoy
<font color=cc6633>One has Ones hat and One's orf.
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Only just found this thread Kristie, firstly many congratulations on your pregnancy.
Secondly now you've exchanged contracts on both you can feel a bit more secure, I wish you the best for tomorrows move and I don't envy you that bit.
Secondly now you've exchanged contracts on both you can feel a bit more secure, I wish you the best for tomorrows move and I don't envy you that bit.
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