Keeping for sale property on market after accepting an Offer

Doodledog

Nope. Park home sites are not the same as holiday parks. They operate under very different sets of rules. Also, residential park homes are not like trailer parks in the US - many of the homes cost hundreds of thousands, and the residents are part of the local communities, working there, using facilities and keeping communities alive.

Poke at me as much as you like - it's water off a duck's back. All I said was that I would like to see the acquisition of second homes being discouraged in a housing crisis. I stand by that, whether those acquiring them are 'foreign' or not.

I'm certainly not poking you. I merely disagree.

The land, either in a holiday park or "under" a holiday home, is the valuable bit, the part that holds value, doesn't depreciate - rather appreciates.
Sorry, I missed this, but yes, exactly. That's my point. It is why I struggle to understand why anyone would see the two things as the same, and why I assumed you and GSM were trying to needle me. You say you can't speak about good buys, but the point you raise is exactly why buying a lodge or caravan is absolutely not a good buy if you (generic) are concerned about a return on investment rather than the ethics of ownership.

What they (owning a house and a lodge/caravan) have in common is the ability to go away to somewhere you can leave your things. After that they are entirely different for the reasons I've already outlined.

I wasn’t trying to needle you.

Fair enough - sorry if I got that wrong. It's just seemed like it as it is such a peculiar thing to compare holiday parks with second homes, and to suggest that buying one would prevent someone from living on a Park Home, which is an entirely different thing.

Doodledog

Fair enough - sorry if I got that wrong. It's just seemed like it as it is such a peculiar thing to compare holiday parks with second homes, and to suggest that buying one would prevent someone from living on a Park Home, which is an entirely different thing.

I value land. Buildings, homes, holiday homes, farm land, vacant land - Land. I find arguments regarding rentals and holiday homes tedious and difficult to comprehend. I'm always interested in the opinions I read. Apologies I offended.

This thread has been very informative, I was getting my property ready to sell, but I really couldn't cope with all the uncertainty it’s should be more like the system in Scotland

Allsorts sorry if this thread has changed your mind about moving, Yes, it is a horrible process, and Yes, it can take several months and Yes, it should be all subject to new legislation, BUT....on the other hand, there is nothing quite like the wonderful feeling when it does all complete and you move into your new wonderful home. So, pleased I did persevere back in 2019 and virtually every day, think how lucky I am living in my lovely flat.

Wit regard to foreign house/flat purchasers, many of then never even living in them, but leaving properties empty purely as investments. Surely, it would be an easy piece of legislation that brought UK in line with many countries where only citizens of that country are permitted to own any property there. Yes, I do know that there are ways round this, but it would be a start.

With regard to properties being kept on the market after accepting offer, this has been the case with two of the flats in my block. However, when viewers are told that the flat is already under offer, but owner will accept a higher offer, not one has gone along this path, just saying they are not willing to enter any sort of pricing war. Good for them!!!!!

We've had the dirty tricks over the years
first one was, accepted our offer we had a survey which cost a lot of money weeks later after we had employed the solicitors they decided not to move.
This was a fairly local move for us and we found out from their neighbours they were in the habit of putting their house on the market just to see how much someone would pay for it.
I felt like going round with a brick and throwing it through their window after we had the invoice from the surveyor and solicitors.

The next dirty trick was, after they had accepted our offer and we had employed a surveyor and a solicitors and had sold our home their solicitors rang us to say they had accepted a higher offer.
Again fees from surveyor and solicitor and people waiting to move in a chain.
This time though we found a much better bungalow on a road we had always wanted to live and we were able to move quickly the sellers brother was the solicitor.

I does sound like there is needed reform there. Not half as complicated here.
Here you would make an offer with conditions; financing, surveys, sale of original house. There is a closing date for the conditions, and if they are not met by that date, then the deal falls through. There is a hefty deposit that goes along with the offer, so if you make the offer and don't get your conditions removed before the date, then the buyer will lose their deposit, The seller gets the deposit, less a fee to the agent. If the opposite happens, and say there were some deficiency in the house that was not disclosed, then the buyer would get their deposit back, plus they can sue for any costs from inspections.

Doodledog

I hope it goes well, Nansnet. It is stressful, but will be worth it when you're in your new home.

Unfortunately, it didn't go well, Doodledog! The house we were wanting to purchase had a dreadful surveyor's report! On the surface, the house looked wonderful. The vendor had completely renovated it, and we thought we'd be able to move in without having to do anything. But it seems that many things were hidden! I believe it's what is know as 'flipping'! Buyer beware, as they say!

It's been a long time since we were in the market for buying a property, but we're now getting wise to all the tricks and cons! Not happy that we've lost several hundreds of pounds, with solicitor's fees and surveyor's fees (twice! ... that's another story!), but glad that we had a good surveyor who has saved us thousands in the long run!

Funny thing is, the vendor had the cheek to ask us if we would share the findings of the survey with him! He wasn't interested in paying us for it, he wanted it for free!! You can guess what I said!

Oh, how disappointing.

I hope you find a better buy very soon. And that you stuck the survey where the sun doesn't shine!