I'm a sad, sad bunny. Sad and soooo disappointed. Our house purchase has crashed about our ears because the person buying our house suddenly decided that he would only buy if we dropped the price by a further 3%! He refused to compromise and we had to call a halt to the proceedings. It's a really crappy system that allows someone to mess you about like this, an offer should be binding. We are so upset because the house we were buying was absolutely perfect, and the chances of finding anything quite so good again are practically nil. And, of course, we've already spent a couple of thousand pounds, trying to get things going quickly so that we could do as he asked and be out by Christmas. The people we were buying from will also have spent money which they'll have lost too. Some people just have no sense of honour. I hope he's blacklisted by the agent (and plenty of other uncharitable thoughts!!)
So, we're back to square one. We've taken the house off the market and will lick our wounds and wait till next year before we think about what to do.