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Nov 2017
3:29pm, 3 Nov 2017
271 posts
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Grast_girl
RS - I'd be putting in a formal complaint about them, surely they're not allowed to misrepresent you like that.
Our move has been put back to mid-Feb.
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Nov 2017
5:01pm, 3 Nov 2017
20,423 posts
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Red Squirrel
Two of my friends said agents do things like that to speed things up.
The reason the buyer gave the agent is that they couldn't afford the lease renewal charge of £2k for 99 years. There's 97 years on the lease already. £2k is about the lowest charge for adding years on! If they're fretting over that, they've been given bad advice.
The other reason given was worry over possible future charges for repairs and maintenance. It's a block of 4 x 1-bedroomed flats. If the roof fell off that would be approx shared between 4 flats.
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Nov 2017
6:02pm, 3 Nov 2017
18,632 posts
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Meglet
I thought it was a corporate buyer?
Thing is, if people become uncontactable, or the legal things aren't moving on, it does start to look dodgy. Which was why I was getting really twitchy in the last few weeks, though it was mainly some small legal issues that the solicitors were sorting
I did my best to do everything requested of me straight away, so it would not be me holding up the sale. And it wasn't, it was my buyers who'd expressed a wish to exchange quickly!!!
I suppose on the up-side at least you hadn't found anywhere ideal to move into and lost that due to the sale falling through. What about the potential viewers the agents had a few days ago?
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Nov 2017
9:07pm, 3 Nov 2017
20,424 posts
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Red Squirrel
It was some buy to let twat called Cassandra Cnut-Face. #hollow laugh# A time and money wasting b#stard. The agents have booked someone in to look at 2.30 tomorrow who apparently asked about it before but the sale had just been "agreed".
I produced all my info straight away. They had no excuse to faff around. All that time to get to this. They shoulda told us earlier.
She is a naive little twat and I hate her for doing this. what a complete thicko idiot. Her solicitors too. Wankers and clueless shites all round.
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Nov 2017
10:42pm, 3 Nov 2017
273 posts
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Grast_girl
Yes, ridiculous that they hadn't factored in what being leasehold meant before putting the offer in, let alone letting things get so far.
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Nov 2017
10:51pm, 3 Nov 2017
18,634 posts
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Meglet
The buyer obviously hasn't done her research, and the solicitors didn't advise her very well.
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Nov 2017
8:33am, 4 Nov 2017
20,426 posts
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Red Squirrel
I said both those things to my sold. Why didn't they just ask me about maintenance costs? They are minimal and sometimes we get a rebate. 21.50 per month service charge!
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Nov 2017
8:41am, 4 Nov 2017
20,427 posts
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Red Squirrel
#sols#
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Nov 2017
9:05am, 4 Nov 2017
18,635 posts
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Meglet
It's 18y since I last moved so I did a fair amount of research online about what to look for when viewing houses, and asked lots of questions of the estate agent and solicitor.
I suspect she hadn't really thought it through, thought that buy to let was a good way to make money but realised it would cost her more than just the mortgage.
Unfortunately there's no way of making sure the person who plans to buy your property isn't an idiot.
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Nov 2017
11:58am, 4 Nov 2017
20,429 posts
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Red Squirrel
If I get another offer I'm going to insist on meeting them to talk through the financial side. I can't have this happen again as I will have to take out a loan for legals next time.
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Things I found on Rightmove
Jul 2025