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Deleted member 15344
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Because some are greedy
It happened to us three times - put an offer in, it’s accepted, then we get gazumped
Moving House
- Thread starter Crazyface
- Start date
Because some are greedy
It happened to us three times - put an offer in, it’s accepted, then we get gazumped
Junior
Tour Winner
I dont blame CF for leaving it on. Tbh I've often thought gazumping should not be allowed (like in Scotland?) .
I always thought I'd be loyal to the offer I accepted on my house .....but when the estate agent called and said someone wanted to offer £25k above what I accepted (£1k below asking price) I folded. I was quite far down the line so I gave the current buyers a chance to see if they could get close but they couldn't. I felt bad for them and spoke to the couple myself to explain and to be fair they understood.
People seem to still be spending money and the housing market is still going strong.
I always thought I'd be loyal to the offer I accepted on my house .....but when the estate agent called and said someone wanted to offer £25k above what I accepted (£1k below asking price) I folded. I was quite far down the line so I gave the current buyers a chance to see if they could get close but they couldn't. I felt bad for them and spoke to the couple myself to explain and to be fair they understood.
People seem to still be spending money and the housing market is still going strong.
We did just the same, and I’d do it again, without question.
It’s absolutely nothing to do with greed. Buyers pull out, struggle to get mortgage funding, can’t sell their own homes - the list is endless. It’s only wise to allow other viewings and when we told buyers why they were perfectly reasonable about it.
backwoodsman
Tour Winner
I thought CF said the place was sold? Obviously it isnt?
Presumably its just an offer and only sold STC. Under those circumstances I'd leave mine on the market too - its a long road between the offer and handing over the keys.
Presumably its just an offer and only sold STC. Under those circumstances I'd leave mine on the market too - its a long road between the offer and handing over the keys.
I suspect when he says “sold” he means he’s accepted an offer.
Crazyface
Tour Winner
Well, it's not us its the estate agent. Our buyer is selling hers privately so they couldn't contact her solicitor until Monday to confirm everything, what they have to confirm, and they'd got someone who wanted a nosey around today, and that's what they did, just nosey about. no real questions, ooo bar one, where's your electric meter. What's that about? Waste of 30 mins of my Sunday morning. I'm bloomin' hung over too.
Crazyface
Tour Winner
Don't really want to get into having more round, as long as this is a done deal. Our agents price to sell. So we've got a bargin and our buyer has a bargin. (Current rates)
Crazyface
Tour Winner
Well would you believe it. She's pulled out!!!! She says the gap around the side of our house is too small to get her garden furniture through. 
Garbage. Oh well the house we want, they've had second thoughts on the one they want so are rethinking. They are holding off putting it back on, so that we can try to get another buyer in, but only for a week.
Oh well if it's ment to be, it's ment to be.
Garbage. Oh well the house we want, they've had second thoughts on the one they want so are rethinking. They are holding off putting it back on, so that we can try to get another buyer in, but only for a week. Oh well if it's ment to be, it's ment to be.
rudebhoy
Q-School Graduate
Well would you believe it. She's pulled out!!!! She says the gap around the side of our house is too small to get her garden furniture through.
Oh well if it's ment to be, it's ment to be.
What a poor excuse that is.
We are in the middle of a house sale, seems to be progressing OK and hopefully complete in about 6 weeks, but it is stressful. Spoke to our buyers yesterday and they still seem dead keen, so fingers crossed.
Crazyface
Tour Winner
Yeah we were not happy. But now we are going to do ours up. The big one is going to be the reducing of height of a dividing hedge. Luckily three doors up have chopped trees down so the sun now can get through to us in the late afternoon. I've made a sneaky start at the bottom but being drave enough to do the lot I'm not sure.
YasosBib
New member
I totally understand the frustration with the dividing hedge, but it's great that the trees being chopped down nearby have allowed more sunlight to reach your place. Taking a sneaky start at the bottom sounds like a good plan, but I can understand the hesitation to tackle the whole thing. By the way, have you considered reaching out to de costa? They're an international investment company providing a full range of turnkey services on a single platform in a number of key areas. They might be able to offer some guidance or assistance with your house project.... Wishing you all the best with your home improvements!
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Crazyface
Tour Winner
Apparently I'm totally in the wrong to cut the hedge on their side (legally) but I did it once and brought it down from Beechers Brook size to about just less than 2 meters. But they've got a monster evergreen that blocks sun into the top of our garden from about 2pm onwards then the hedge take over and the shade is complete. I hate them with a passion. (The evil neighbors). Shes a large weeble, and he's a billy no mates.
backwoodsman
Tour Winner
Depends who's hedge it is. Hedges are rarely jointly owned and are usually owned by one party or the other. The owner can pretty much do as they choose.
Crazyface
Tour Winner
Our deeds say our hedge is jointly owned and has a side mohican
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rudebhoy
Q-School Graduate
It's been a funny old year, sold two properties (second one went through yesterday), and bought one, a flat for the daughter.
Had to laugh at am email from our solicitors yesterday, asking how we wanted paid? It's £30 plus vat for an electronic transfer, while there is no charge for a cheque. Surely it takes longer to write and post a cheque than it does to do a bank transfer? They are obviously relying on people wanting to get their hands on the money straight away, rather than have to wait for a cheque arriving in the post, and hoping to make an extra couple of quid that way.
Had to laugh at am email from our solicitors yesterday, asking how we wanted paid? It's £30 plus vat for an electronic transfer, while there is no charge for a cheque. Surely it takes longer to write and post a cheque than it does to do a bank transfer? They are obviously relying on people wanting to get their hands on the money straight away, rather than have to wait for a cheque arriving in the post, and hoping to make an extra couple of quid that way.
SwingsitlikeHogan
Major Champion
That £30 is due to the underlying costs of the infrastructure and security management that banks have to have in place for CHAPS transfers, BACS transfer are basically free as the systems and security requirements are much less as transfers of large amounts of £££ are not carried out using BACS.
3offTheTee
Tour Rookie
What exactly are the underlying costs of the infrastructure and security management that Banks have to have in place for CHAPS transfers please?
GreiginFife
Money List Winner
CHAPS are legacy now and I’d be questioning any company using them when FPS (Faster Payment Systems) allow up to £1m (bank dependant) in 0-2 hours.
This has been the case since around 2014.
