Rosyposy wrote on Thu Jul 19, 2018 11:06am:
Hi - update - still in UK!
The exchange contracts and completion dates were still being discussed when we had to decide whether or not to send our cat without us knowing when or if we would get there or not... !
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So as we were haemorrhaging money for 2 houses - rental sprain/mortgage here we have decided to wait until the contracts are exchanged here - rent here for a few months to try and recoup some of the losses we have incurred. Plus with all the stress here we didn't think we had it in us to go through it straight away in Spain to get papers etc sorted there. Plus other costs increased over there eg car hire as it's now summer, until we get sorted to buy one (I had a good quote for May but!!).
So sadly I wont be in Spain this year I don't think (unless Mr Lottery looks kindly on me!).
We knew house selling was stressful when we decided to sell and that it wouldn't be easy going to a new country but you really couldn't make up what has happened in a 3 way chain, and still goes on! Thank god we had a good solicitor who stopped us putting more money into deposits for various services as she said don't as the conveyancing from our buyers (an online one they used) and their buyers were appalling.
I will get there but slightly delayed - I've cried buckets but now putting that into positive energy to get back on track, move hopefully end August(?) and plan again!
So I wont be drinking my body weight in Cava quite yet!!
Onwards and upwards!
I think these kinds of situations are more common than not, mainly due to the Byzantine purchasing process in UK and with no penalties for ‘messing about’ until actual ‘exchange’ which is usually only a short time before actual completion.
Like many people, we had a similar situation, sold property, paid reservation fee on property here, UK sale fell apart - not, it has to be said, due to any fault on the part of our purchasers, but a completely unforseeable difficulty causing them to pull out. Cue fury, resentment and general misery all round. Luckily as it happened, it suited the vendor of our property here to remain in situ for another 6 months or so,so in the end, all worked out - except that by then the UK market was slowing and we had to drop from the original offer we had accepted, thus technically ‘losing’ money.
But everything always sorts itself out I have learnt!
Good luck and do not despair.