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Surely money only changes hands on completion. Exchange just locks the seller / buyer in with a legally binding contract.
Tbh I don't really think the principle of asking is unreasonable, as for eg when we moved we were staying at my folks so pretty flexible. But ultimately you've said no.
What I'm not getting is why they don't rent a place for the 10wk period, stay with friends or even God forbid, live in the house while they do it up - my folks lived out of one room in a derelict building with newborn me. Why on earth didn't they didn't flag their timelines from the start?
Also renting a place can't be about not having money, because otherwise how are they going to afford to buy the family members house without selling their house? Personally I'd ask the direct question of why they can't rent for the interim, and offer a compromise of 4wks.
hugo7-
There's also the 10% deposit at exchange, so I wondered if the seller needed the money to do the renovations on the new place but that can't be the case if they're just taking it off the market.
We waited what seemed like an eternity to exchange after our offer was accepted (14 weeks!) but once we'd done so it was the standard two weeks to completion. Not ideal for us or the seller (they had to rent in the end and we stayed with friends/family) but it sounds like this seller wants to have their cake and eat it. -
What I'm not getting is why they don't rent a place for the 10wk period, stay with friends or even God forbid, live in the house while they do it up
Because they are dicks
Dramatic_Hammer
Howard
Sorry am I understanding this correctly that the vendor wanted the money now and was only going to give you the keys in Oct?
If I am paying for something now, I want it now. Isn't it the very basic of buying something?