Arseflakes

[Wij]

The bastards who were buying my house have pulled out this morning. I'm now left with no sale, no purchase, £1,200 of surveying fees, a large sum of solicitors fees and 3 months of nothing but hassle for fuck all. The missus is going to be climbing the walls tonight

 

[Tom]

£1200 of surveying fees? What were you looking at, a mansion?

 

[Jonaldo]

Bastards!

Thought you had found some new breakfast cereal with the title of this thread.
(Won't make any rude puns about them 'pulling out' either)

 

[Sibanac]

Originally posted by Wij
The bastards who were buying my house have pulled out this morning. I'm now left with no sale, no purchase, £1,200 of surveying fees, a large sum of solicitors fees and 3 months of nothing but hassle for fuck all. The missus is going to be climbing the walls tonight

That blows.

Do all costs go to the seller in the UK ?
From what I remember of doing IT work for an astate agent, here as soon as sameone agrees to buy a house there is a down payment, nobody will proced further with legal work till that is made.
If the buyer pulls out the payment goes to the seller anyway

 

[Wij]

Originally posted by Tom
£1200 of surveying fees? What were you looking at, a mansion?

Nah - two surveys. Both said the houses needed foundations work and therefore not worth the money. Therefore I had to find another. Had just put in an offer on a third house when the estate agent rang to tell me that our buyers weren't sure they could afford it any more

 

[Wij]

Re: Re: Arseflakes

Originally posted by Sibanac
That blows.

Do all costs go to the seller in the UK ?
From what I remember of doing IT work for an astate agent, here as soon as sameone agrees to buy a house there is a down payment, nobody will proced further with legal work till that is made.
If the buyer pulls out the payment goes to the seller anyway

Nah, nothing like that in the UK. Noone gets any money (except solicitors/surveyoys being payed) until it's all done and dusted

 

[Sibanac]

Re: Re: Re: Arseflakes

Originally posted by Wij
Nah, nothing like that in the UK. Noone gets any money (except solicitors/surveyoys being payed) until it's all done and dusted

heh, seems lawyers/solicitors are the same everwhere tho

 

[Will]

Re: Re: Re: Arseflakes

Originally posted by Wij
Nah, nothing like that in the UK. Noone gets any money (except solicitors/surveyoys being payed) until it's all done and dusted

For UK, read England and Wales. The law is a lot different in Scotland.

 

[Cloowwwnnn]

Will, your avatar descriptions don't really work when the browser font size is 'Smaller'

 

[Will]

How irritating. I demand you change the font size back.

Wij's breaks too. I don't feel so bad.

 

[madcow]

A common trick for people in the know is to w8 until the day the contracts are swapped (hopefully the other party is now in a chain with a third party) you then ask for a few grand off the price. Me and the wife saved 1500 quid doing this last year on are second home. Which paid for the jobs that needed doing to it before we could rent it out. If the guy had more balls he would of worked out that we spent nearly a grand already and wouldn't of backed out. He also told me were he was going to move so I knew he was in a chain !. At the end of the day the guys is not your friend or family its business.

P.s ive heard a rumor that this is illegal in scotland

 

[Wij]

Re: Re: Re: Re: Arseflakes

Originally posted by Will
For UK, read England and Wales. The law is a lot different in Scotland.

Ah, good point. Can you cut up non-buyers with a claymore up there ?

 

[Deebs]

Re: Re: Re: Re: Re: Arseflakes

Originally posted by Wij
Ah, good point. Can you cut up non-buyers with a claymore up there ?

Verbal agreements in Scotland are binding. Also gazumping is illegal.

We should have these laws down here too, would make house buying a lot less stressful for all concerned!

 

[Wij]

Re: Re: Re: Re: Re: Re: Arseflakes

Originally posted by DBs
Verbal agreements in Scotland are binding. Also gazumping is illegal.

We should have these laws down here too, would make house buying a lot less stressful for all concerned!

Who'd have thought that scots would have better laws than us ? :/

 

[dysfunction]

Re: Re: Re: Re: Re: Re: Re: Arseflakes

Originally posted by Wij
Who'd have thought that scots would have better laws than us ? :/

There was bound to be something in Scotland that would be useful...

 

[madcow]

The M74 southbound?

 

[Will]

Re: Re: Re: Re: Re: Re: Arseflakes

Originally posted by DBs
Verbal agreements in Scotland are binding. Also gazumping is illegal.

We should have these laws down here too, would make house buying a lot less stressful for all concerned!

Gazzumping is not illegal as such, but due to the different process of house-buying up here, it can't actually happen.

I'm not sure how it works exactly, someone tried to explain it to me once, but I was in the pub, so its a bit fuzzy.

And remember that two of the mods in here are Scottish.

 

[Tom]

Originally posted by Wij
Nah - two surveys. Both said the houses needed foundations work and therefore not worth the money. Therefore I had to find another. Had just put in an offer on a third house when the estate agent rang to tell me that our buyers weren't sure they could afford it any more

I didn't bother getting a survey done on mine, if you know what to look for, they're a waste of money.

 

[Deebs]

Re: Re: Re: Re: Re: Re: Re: Arseflakes

Originally posted by Will
Gazzumping is not illegal as such, but due to the different process of house-buying up here, it can't actually happen.

I'm not sure how it works exactly, someone tried to explain it to me once, but I was in the pub, so its a bit fuzzy.

And remember that two of the mods in here are Scottish.

Two scottish mods < 1 english user

 

[Jonaldo]

I thought with some places you *have to* have a survey done before some people will deal with you? Legalities and whatnot. Can't be 100% sure but I think I remember friends telling me they didn't want to pay out the money but they had to do it.

 

[Will]

Originally posted by Jonaldo
I thought with some places you *have to* have a survey done before some people will deal with you? Legalities and whatnot. Can't be 100% sure but I think I remember friends telling me they didn't want to pay out the money but they had to do it.

A lot of mortgages insist on a survey. Something to do with checking the house doesn't fall over, I believe.

 

[Will]

Re: Re: Re: Re: Re: Re: Re: Re: Arseflakes

Originally posted by DBs
Two scottish mods < 1 english user

I'd edit you, but DBs is super-grand-high-mod and therefor outranks me.

 

[Jonaldo]

Originally posted by Will
A lot of mortgages insist on a survey. Something to do with checking the house doesn't fall over, I believe.

Is what I thought.

 

[Wij]

Yes. They insist on a minimum survey which just checks that if they needed to sell the house they'd get back the money you owe them, not necessarily the full purchase price of the house. Useful for the bank, fuck all use for you. I went for a better survey than that and it's a good job I did really or I'd be lumbered with a crumbling pile.

 

[Tom]

Well, I looked over my house with my Dad, and we noted the following:

walls - fine
damp - none
timbers - fine
floors - fine
plaster - ok
roof - fine
windows - some on back needed replacing


Basically, if the walls are straight, and theres no damp, and the roof is ok, its not going anywhere. The house next to mine had subsidence, but that was because of a collapsed drain, not settling.

If the other houses around it are still standing, chances are yours will stay up too. Only two houses on my street have subsidence, and the other is because someone was driving a heavy lorry within 6 inches of the outside wall, not on a road, basically their own fault.

Surveyors make a living from poor inspections, and horror stories. I bet Wij's 'dodgy house' would have still been standing in 50 years even if no work was done on it.

 

[xane]

I need to dig up the survey on my previous house, a "Victorian Terraced Cottage", built circa 1880.

It goes along the lines of "there is some evidence of subsidence probably due to nearby bomb damage from both world wars".

 

[Deadmanwalking]

My present house is one of several for the servents of the HUGE Clifton Terrace at the top of my road. Its like 50 odd houses now each worth between 700k and 1.3 mil but used to be just the one

 

[caLLous]

Wij, that's really crap. Same thing happened to my mum, who wanted to sell her farm over here and move to the south of France (which she has now done). The buyer backed out at the last minute after we'd already agreed to the property in France, so we were kinda screwed.

All worked out ok in the end, but there's still 240acres of land to be bought (situated just outside Salisbury) if anyone's interested?

 

[Summo]

Holy shit!









Actually, I would buy it, but the lands covered in these fuck-off great rocks.

 

[MYstIC G]

Originally posted by Tom
Basically, if the walls are straight, and theres no damp, and the roof is ok, its not going anywhere. The house next to mine had subsidence, but that was because of a collapsed drain, not settling.

Erm, tbh that's crap. My mums house, fitted all of the above, no window problems, major subsidence works required. Cracks are a good hunting tool.

The actual problem is the majority of surveyors are lazy ****s who just dig up old existing ones or similar ones from the area, take a few new piccies then charge you a fuckload for rewriting the original.

I dunno how it works with residential property but for the commercial property I deal with an "option to purchase" is normally a good idea, it's basically an "if you pull out you pay us X money for holding the property while you arange trying to buy it" contract.

Bum deal 4 Wij