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If they pull out we're really fucked though - we probably wouldn't get the same price again, and we'd probably lose our purchase too.
It's an institution buying our place rather than a family with their heart set on it - that definitely comes with pros (cash buyers, efficiency) but I think the con is that they're probably not too fussed either way.
It went on the market in early March but we had a buyer after the first viewing and they're a cash buyer, which has sped up the process somewhat.
Similarly, the place we're aiming to buy is from a chain-free seller and six weeks has been mooted as a possible timeframe.