Another house sale falls through

[natdan]

The buyers at the bottom of our chain have just dropped out !!!
Absolutely gutted . We have flights booked for the 6th Dec , one way.
There were only 3 people in the chain including us , our buyers are ok but there buyers have dropped out , with only 1 week to complete aswell , solicitors and everyone had done all the work etc, but they decided to drop out because they can !!
We are now trying to find returrn flights for early Jan 2009 to return to the uk for our work, instead of confirming the container , saying goodbyes etc. and just planning our new lives in Adelaide. Are good friends who live in Modbury heights will also be gutted, but for now at least we can hopefully have a great xmas with them.
WILL NOT give up hope and hope to sell soon.WE WILL get there eventually :).
Its going to be a expensive 2nd reccie we did not need , but visas need to be activated by 18th dec.
GOOD LUCK to all trying to get there and those already there

BIG DRINK needed tonight !!!!!!!!!!!
Louise n Wayne

[ianb]

sorry to read about the troubles. About time the UK became strict on those pulling out at last minute. They should be made to cover any costs that others in the chain have had to pay out once they put in an offer and have it accepted.

keep smiling

[Django]

'm with Ian. If an offer is applying you should be committed by law to complete. FFS these people mess up everyones lives. Its not just the likes of us jumping ship but others wantingneeding to downsize, upsize or relocate. Everyone has to put their lives on hold just because you can pull it whenever it suits.
Its bad enough if you are just moving withing the country but when you have to juggle airlines, containers, goodbyes, handing in notices, starting work in Oz, etc, etc, etc.

I really feel for you guys. In the end we had to rent our house out because those buying pulled out. Could you not do the same?

Still on the upside (always gotta look for one) it gives us a few years to find the right area for us to live full time so when we do eventually sell we will have a nice little lump sum to put down.

Good Luck

Pete

[Rachiegarlo]

Yep it willbe harder for you to start up and you may have to downsize your dreams, but housing markets do end up cycling upwards again and maybe by then you will already be settled here and as Pete says the money from your house sale will be a real sweetener when you eventually get it.

[KP Nuts]

Hi Louise, I'm so sorry to read your news......... totally agree with the other's it shouldn't be allowed to happen.

Do you have any chance of renting your property, instead of having a very expensive holiday????

Hope you done the whole bottle last night and the head's not to bad this morning..

Good luck

[caoimhe]

You must be so gutted, I really fell for you all.
Hope the dream comes true soon

[Jo & Steve]

So sorry the house sale has fallen through, with all the problems within the housing market at the moment this type of thing should be made illegal and they should have to pay 10% of the value of the property if they pull out.

Good luck

Jo x

[Mick and Helen]

Know how you feel this happened to us but worse I worked with the woman who was buying my house so there where many tensions at work. We eventually sold but at a much lower price and moved here nov 2005.It was the most stressful time of my life ( but great way to lose weight.) and would not like to go through that again. Hang on in there and eventually it will seem like a bad dream. Good luck.
Helen

[Denise]

So sorry to hear the news, how stressful, we have decided to go whether we sell the house or not and just rent over there whilst paying the mortgage here, we may change our minds nearer the time.
I'm just waiting for that one person on the BBC News to say 'house prices are on the up', then it will be mayhem - please happen soon for all our sakes

[vikkiann]

Louise

we were due to exchange contracts on friday, our buyer started to stall us so alarm bells were ringing. He pulled out today, i am so bloody mad.
All the time wasted not to mention how much our house has lost value in this time.
His reason...........
it's an older property (1950's) and may need some maintenance in the future so we now have to book return flights and hope one day soon we will be in Adelaide but for us it will only be a holiday this year.
Gotta open a bottle of wine now.

Vikki