cruiser647 Posted February 5, 2008 Report Share Posted February 5, 2008 [ QUOTE ] Going back to muppetboy's first post... Look at it this way. If you accept his new offer, at least you'll know where the c*nt lives... [/ QUOTE ] What??? Are you suggesting that he make's sure things go wrong after the move? Leaky rads can cause chaos. Lack of sealing around the bath/shower can let loads of water through to damage the floorboards. But of cause, you won't do things like that - would you..... Link to comment Share on other sites More sharing options...
garcon magnifique Posted February 5, 2008 Report Share Posted February 5, 2008 I am an upstanding, law abiding citizen. I could never advocate that kind of underhand illegal campaign. (er, yeah) Link to comment Share on other sites More sharing options...
Teacake Posted February 5, 2008 Report Share Posted February 5, 2008 If there just happened to be something under the floorbards - a kipper or a dead fox wrapped in plastic, say - how long before it started to smell? Link to comment Share on other sites More sharing options...
962C Posted February 5, 2008 Report Share Posted February 5, 2008 ewwwwwwwwwwwwwwwwwwwwwwwh although they always say.... don't get mad, get even Link to comment Share on other sites More sharing options...
Soulboy Posted February 5, 2008 Report Share Posted February 5, 2008 We were offered a £10k reduction from our lovely purchaser the day before exchange last month. I was going to tell him to go screw himself, but agreed at £5k as I wanted to get the place sold and move on. I cant see the market getting any better and we moved to a cheaper place in a quieter area. He was a first time buyer with a 102% mortgage and I am sure he is thrilled that he got an extra £5k off. If you were a first time buyer, would you buy now? I wonder if any of the old neighbours have told him about the armed robbery we had yet?...... Link to comment Share on other sites More sharing options...
Muppetboy Posted February 5, 2008 Author Report Share Posted February 5, 2008 [ QUOTE ] How much fun would it be to accept his offer and then allow someone else to take it from him in 8 weeks time, 10 minutes before exchange [/ QUOTE ] Part of me wants to now accept the offer, let him go to the expense of mortgage, surveys etc and then tell him to go f*ck himself. Link to comment Share on other sites More sharing options...
Muppetboy Posted February 5, 2008 Author Report Share Posted February 5, 2008 [ QUOTE ] My opinion is that if they have put an offer on a place, it is because they like it. It's a well used tactic now to save money, and i think you have two options.. hold your ground, or do the same to who you are buying from. [/ QUOTE ] No way will I do this to the people I'm buying from, it's just not right and I'll be f*cked if some tw*t is going to drag me down to his level of doing business. Still totally gutted about the prospect of losing the property though... Link to comment Share on other sites More sharing options...
Riz Posted February 5, 2008 Report Share Posted February 5, 2008 [ QUOTE ] [ QUOTE ] How much fun would it be to accept his offer and then allow someone else to take it from him in 8 weeks time, 10 minutes before exchange [/ QUOTE ] Part of me wants to now accept the offer, let him go to the expense of mortgage, surveys etc and then tell him to go f*ck himself. [/ QUOTE ]Right well this could work.... tell him ok..... let him get everything sorted then at the last minute ring him up and tell him youve changed your mind and have had a better offer of £5k then atleast you may get another 5k out of him/her. Riz Link to comment Share on other sites More sharing options...
eolair Posted February 5, 2008 Report Share Posted February 5, 2008 prawns sown in curtain linings. say no more. Link to comment Share on other sites More sharing options...
962C Posted February 5, 2008 Report Share Posted February 5, 2008 it must be horrible, but they are only playing with you - calling your bluff. just ride it out. dont let them beat you down. Link to comment Share on other sites More sharing options...
pontyslapper Posted February 6, 2008 Report Share Posted February 6, 2008 MIL was tucked for 10k on the sale of her father's house after he passed away - local builder had bought it as it was right at the heart of the local 'student' land. Fecker regretted me finding out - its been empty and unsellable since - sly phonecalls to letting agents and estate agents cancelling the deals they had - don't know if it cost him owt - but I bet it was a pain in the arse, getting and sorting that little gem out. I also constantly got his skips removed when he was doing the place up - sometimes mananged to get 'empties' removed That was all 'sorted' 2 years ago - such a shame that the student let market round here is on its arse! Link to comment Share on other sites More sharing options...
Scotty Posted February 6, 2008 Report Share Posted February 6, 2008 How does accepting some ones offer for a house equate to being tucked up? Did the builder hold a gun to her head? Was he not doing what all businesses do? i.e. minimising his costs. Was it really worth carrying this hatred? Has it actually made you or MIL any better off....financially or mentally? Link to comment Share on other sites More sharing options...
Dave Posted February 6, 2008 Report Share Posted February 6, 2008 The only way to stop this happening is for people to pay a non-returnable deposit when they make an offer. So, when you agree to purchase and the price has been agreed, you put 5 or 10 thousand down as a deposit. If you change the contract or pull out you loose it! Simple Link to comment Share on other sites More sharing options...
Soulboy Posted February 6, 2008 Report Share Posted February 6, 2008 I agree Dave. I also think all the retribution things are what we do in 'child mode' and are really a waste of our own time. Its a business transaction and it actually makes more sense to accept or decline the offer and then move on. Its a waste of your own time doing revenge tactics. Easier said than done I know - but if you can try and not take it personally, its far easier IMO. Link to comment Share on other sites More sharing options...
Dave Posted February 6, 2008 Report Share Posted February 6, 2008 Absolutely right.. the revenge tactic is ridiculous, although I imagine all those written here are in jest. You could suffer some serious legal challenge if you did anything dangerous. Imagine if you accidentally hurt one of the new family's kids.. not only would you be liable for millions in compensation, but you wouldn't be able to sleep at night. Link to comment Share on other sites More sharing options...
mb Posted February 6, 2008 Report Share Posted February 6, 2008 [ QUOTE ] The only way to stop this happening is for people to pay a non-returnable deposit when they make an offer. So, when you agree to purchase and the price has been agreed, you put 5 or 10 thousand down as a deposit. If you change the contract or pull out you loose it! Simple [/ QUOTE ] When I bought my house we had a "lock out" put in place that stated she wouldn't sell to anyone else for a month & I would complete within a month & I gave a 5k deposit. There was a clause about major problems with the survey as a get out & also mutual agreement to move the date so as long as we were moving in the right direction we wouldn't fall out. Worked well but both of us were chain free which made things a lot simpler Link to comment Share on other sites More sharing options...
gizze Posted February 6, 2008 Report Share Posted February 6, 2008 Firstly I would say to the guy that I do think he is taking the piss but, would he be prepared to go to £5k under? If he says yes then go to the vendors of the house you are buying and say you have had the offer on yours reduced, due to the current climate and the fact prices are starting to tumble (scare them a little) and would they drop their price £10k, or even meet halfway and drop £5k?? They may come back and say they will knock a couple of grand off. If they do you are out £2-3k at most and you can all move on. Link to comment Share on other sites More sharing options...
Muppetboy Posted February 6, 2008 Author Report Share Posted February 6, 2008 The thing is 10k lower means a lower stamp duty band so he's playing for that, but he ain't gonna get it Link to comment Share on other sites More sharing options...
cruiser647 Posted February 6, 2008 Report Share Posted February 6, 2008 [ QUOTE ] The thing is 10k lower means a lower stamp duty band so he's playing for that, but he ain't gonna get it [/ QUOTE ] That might be why he has asked for £10K off. Those %age points on Stamp Duty make a big difference, as it is dead money. Many people would either market the property in the lower band or push the property much higher into the next band so to avoid such situations. However, the buyer should have realised that in the first place and pitched lower, mentioning the Stamp Duty ceiling. Just my ramblings. Link to comment Share on other sites More sharing options...
TonyD Posted February 6, 2008 Report Share Posted February 6, 2008 If he's after the lower SD get him to give you the £10k in cash.... He gets lower SD and you get your £10k. But don't tell Mr. Inland Revneue or Mr. Conveyancer. LOL Link to comment Share on other sites More sharing options...
Muppetboy Posted February 6, 2008 Author Report Share Posted February 6, 2008 [ QUOTE ] Many people would either market the property in the lower band or push the property much higher into the next band so to avoid such situations. [/ QUOTE ] It was much higher, I accepted a cheeky offer. Link to comment Share on other sites More sharing options...
Muppetboy Posted February 6, 2008 Author Report Share Posted February 6, 2008 [ QUOTE ] If he's after the lower SD get him to give you the £10k in cash.... He gets lower SD and you get your £10k. But don't tell Mr. Inland Revneue or Mr. Conveyancer. LOL [/ QUOTE ] You're joking aren't you? They are sh*t hot on that type of stuff I hear... Link to comment Share on other sites More sharing options...
Riz Posted February 6, 2008 Report Share Posted February 6, 2008 [ QUOTE ] [ QUOTE ] If he's after the lower SD get him to give you the £10k in cash.... He gets lower SD and you get your £10k. But don't tell Mr. Inland Revneue or Mr. Conveyancer. LOL [/ QUOTE ] You're joking aren't you? They are sh*t hot on that type of stuff I hear... [/ QUOTE ]Happens all the time..... Riz Link to comment Share on other sites More sharing options...
m4ttm4son Posted February 7, 2008 Report Share Posted February 7, 2008 Or you can sell some "fixtures and fittings" to him, which won't be counted in stamp duty. I think the max for this is £10k. Link to comment Share on other sites More sharing options...
Soulboy Posted February 7, 2008 Report Share Posted February 7, 2008 [ QUOTE ] Or you can sell some "fixtures and fittings" to him, which won't be counted in stamp duty. I think the max for this is £10k. [/ QUOTE ] I sold some fixtures and fittings for £5k. I had to produce the recent receipts for the items to prove they were worth the price (as second hand value) to both solicitors before they were prepared to proceed though. But it wasnt a problem, as I had spent £25k on the house in the last 18 months anyway. Link to comment Share on other sites More sharing options...
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