johnpurple
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Purplebricks under offer but still no sale/exchange
johnpurple replied to johnpurple's topic in Mortgage companies
Hi many thanks for the advice. Perhaps you are right. It would still be intesting to hear about other peoples experience with purplebricks.com -
Purplebricks under offer but still no sale/exchange
johnpurple replied to johnpurple's topic in Mortgage companies
The survey is because the buyer has now decided to change lender -
Purplebricks under offer but still no sale/exchange
johnpurple replied to johnpurple's topic in Mortgage companies
Well i went for the pay later option (10mths if no sale) and used their solicitors. They are very slow and commuication poor. 2 weeks ago told everthing fine and today im told buyer is having another survey is been done. I get the impression the buyer is keeping house off market to knock down the price later. After seeing only 14% of offers go to completion i believe theres alot of other people exeriencing the same issues. I feel really stressed by it all. -
Hi everyone, I think I have made a mistake. Selling a house via purplebricks. The house went under offer within 4 weeks of been on market but still no exchange 6mths on. Having spoken to other local agent I'm not the only one. The problem I think is how their fee's are structure, basically they always get there money in 10mths, after that time what incentive is left? Also I found this having done more research I did an internet search and found an article under HSBC investments stating only 14% of sales convert to exchange.is anyone else having problems? If so what can I do about my situation?
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