Hi
We had an offer for a house accepted around 4 months ago and have since been patiently waiting for everything to go through. Our mortgage, searches, vaulation etc all passed without issue, however for the last 2+ months, we have been waiting for the seller to sign contracts an move out.
The issue is, the man who is resident in the house is part of a divorced couple who was forced to sell by his ex-wife. In the past few weeks, he has made every possible excuse not to sign contracts or move out (the contract got lost in the post 3 times, he was suddenly illiterate...), however he was last week forced to do so after being told by their solicitor (they employed a separate solicitor part way through the process as they had too many issues with their separate divorce solicotors) that if he didn't the courts would do so on his behalf - only after an unexpected 3 week trip to Gibraltar. Allegedly.
We have been back and forth between the estate agent and solicitors about this and are really beginning to despair. At present, we are trying to get him to agree a date to complete, however he now says he needs at least 2 weeks for this as his ex wife has furniture in the house, and as she has a restraining order against him cannot be there when she moves the things out, while at the same time saying she things she will steal things if he isn't! We have spoken to the ex-wife has has been doing what she can to push through the sale, but it is purely down to him stalling at every stage.
Despite how it sounds, this isn't a house in a complete whole and is a place we really want - hence waiting so long - and don't want to lose money by pulling out. I am now considering telling the estate agent that for every week he drags this on for beyond next Friday, we will reduce the offer (currently 218k - 230k was the asking price) by £500. Is this a bad idea? Right now it seems he has nothing to lose by dragging it out for as long as possible, so think this may put a rocket up his backside.
I'd appreciate any help or advice anone can give.
Thanks
John