Reply to: Advice required on house move

[ASB]

I don't know how messed up things can get legally if the buyer pulls out after exchange and before completion, claiming something fishy or undisclosed was going on.

Potentially very, but as a general principle the buyer is still obligated by the contract.

[TimberWolf]

An update as I don't want to be labelled as a doommonger. The house sale has gone through, we have exchanged and will complete on the 19th June, which is a week after my wife is due to give birth, and with our other two children she was a week over.

Exciting times!

Hey, that's my completion date too. Although I keep thinking my sale will fall through because a problem may be materialising with the roof on our block of flats. We've recently had a roofer quote £70K for a repair job (the cost of which would be shared by all 16 flat owners), so we have surveyors coming to take look on Tuesday to check out his story. I could have done without this. I don't know how messed up things can get legally if the buyer pulls out after exchange and before completion, claiming something fishy or undisclosed was going on.

[suityou01]

An update as I don't want to be labelled as a doommonger. The house sale has gone through, we have exchanged and will complete on the 19th June, which is a week after my wife is due to give birth, and with our other two children she was a week over.

Exciting times!

[DimPrawn]

Happy people spend, even what they don't have, and spending creates jobs.

Probably why sasguru's such a tight twunt.

[Bagpuss]

No it was consumer confidence and banks willing to lend to morons

Happy people spend, even what they don't have, and spending creates jobs.

[DimPrawn]

Exactly how did the housing boom start? People didn't wake up rich one morning.

Was it the Olympics what make people pay £800K for the end of terraced house next to the ganja factory?

[Bagpuss]

I agree, but how does watching foreigners win gold medals boost consumer confidence after three years on the dole?

"Hooray!, Nigeria have just won a gold! I'm off to the Ford dealers to buy that Focus Estate."

Exactly how did the housing boom start? People didn't wake up rich one morning.

[suityou01]

I agree, but how does watching foreigners win gold medals boost consumer confidence after three years on the dole?

[DimPrawn]

Consumer confidence is a large economic driving force. I would't expect a noughties boom again but there is nowt as queer as folk!

I agree, but how does watching foreigners win gold medals boost consumer confidence after three years on the dole?

"Hooray!, Nigeria have just won a gold! I'm off to the Ford dealers to buy that Focus Estate."

[Bagpuss]

What exactly is the Olympic "buzz" going to be? Flies over the rotting bodies of those who can't afford to eat after three more years of rising unemployment?

Or are Mr and Mrs Slob going to buy extra large pizzas to celebrate the worst games in living memory?

Consumer confidence is a large economic driving force. I would't expect a noughties boom again but there is nowt as queer as folk!

[DimPrawn]

Unemployment rising, reluctance of banks to refinance consumer debt= prices will continue to fall.

No boom until the Olympic buzz starts to filter into consumer confidence, therefore my guess is things won't pick uptil late 2011.

What exactly is the Olympic "buzz" going to be? Flies over the rotting bodies of those who can't afford to eat after three more years of rising unemployment?

Or are Mr and Mrs Slob going to buy extra large pizzas to celebrate the worst games in living memory?

[Bagpuss]

Unemployment rising, reluctance of banks to refinance consumer debt= prices will continue to fall.

No boom until the Olympic buzz starts to filter into consumer confidence, therefore my guess is things won't pick uptil late 2011.

[suityou01]

Yes, the soppy attention seeking dilema threads written from a girly-man perspective are getting very predictable. I'm coming to the conclusion there are some serious nutters posting on this site (as in mentally ill)

I know, people looking for advice on a forum, whatever next?

[Menelaus]

But the housing market is picking up according isn't it?

<ducks and runs for cover>

Not yet.

[Bagpuss]

Yes, the soppy attention seeking dilema threads written from a girly-man perspective are getting very predictable. I'm coming to the conclusion there are some serious nutters posting on this site (as in mentally ill)