Hi,
we've bought a lovely new house. booking deposit paid. contracts have been sent to our solicitor. we had verbal agreement with the builder that he was willing to wait for remainder of 10% deposit until we had sold our current property.
problem is market is dead and there has been no offers made on our property. it has been up for 6 weeks and has had several viewings.new property is due to be completed shortly.
I don't want to annoy the builder as there is a demand for the house we bought. however i don't want to lose out on it either.
we went for 92% mortgage and loan offer has been issued.
Any advice?
we've bought a lovely new house. booking deposit paid. contracts have been sent to our solicitor. we had verbal agreement with the builder that he was willing to wait for remainder of 10% deposit until we had sold our current property.
problem is market is dead and there has been no offers made on our property. it has been up for 6 weeks and has had several viewings.new property is due to be completed shortly.
I don't want to annoy the builder as there is a demand for the house we bought. however i don't want to lose out on it either.
we went for 92% mortgage and loan offer has been issued.
Any advice?
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