Hello,
I am buying a house privately and about a month ago agreed a price with the seller subject to surveyors report. The house checked out fine by the surveyor. Now there are 2 issues:
1) The seller is awaiting planning permission for their own house that they intend building but this could take another 2 months
2) The seller has indicated that they are now looking for another 10,000 on top of what we originally agreed.
In 2 months time the the seller will most likely look for more money as this was hinted at in a phone conversation; they do not want to sell the house until planning is approved.
Is there any contract that can be drawn up between myself as the buyer and the seller that will stop this price creep apart from the actual contract of sale? Any recommendations as to how this could be overcome?
I have stopped activley searching for a house as i was hoping to get this one so the longer i leave it the more i'm losing out.
Thanks