My girlfriend and I have been trying to buy a house for 2 years. We’ve had 3 chains collapse now - once when we were 3 days away from completion. We don’t currently live together and it’s a pain in the arse.
It’s been hard finding nice places in areas we want to live. All estate agents are telling us that Brexit and low interest rates means it’s slow (thanks again, Dad). Back in February, we had an offer accepted on a place we really love. We ended up in a bit of a bidding war and ended up offering about 5k over the asking price.
We have no chain below us so we’re good to go.
Our vendors have been looking for somewhere since then and we’ve had one chain collapse. This week, they’ve found somewhere else they like but can’t afford - so they’ve asked if we can pay an extra 10k for their place.
This isn’t London, so 10k is a lot.
- Just stump up the money and get yourselves moved. It’s more important to get moved to a place you love.
- They’re taking the piss, let them put the extra 10k on their mortgage or find somewhere else