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  • FIRST POST
    • Mrs Z
    • By Mrs Z 31st Mar 14, 2:28 PM
    • 865Posts
    • 843Thanks
    Mrs Z
    Waiting to exchange - anyone want to join me?
    • #1
    • 31st Mar 14, 2:28 PM
    Waiting to exchange - anyone want to join me? 31st Mar 14 at 2:28 PM
    Well, we have now passed the 'mortgage application' and survey hurdle and searches are all done. As far as I know, our buyers should also have everything in order. We are now waiting for our seller to get to the same point as they found their house a fortnight after accepting the offer from us. It is nerve wrecking... anyone want to join me????!!!
Page 359
    • copperjar
    • By copperjar 9th Oct 16, 7:05 PM
    • 865 Posts
    • 1,957 Thanks
    copperjar
    I exchanged and completed on the same day when I moved into my current house without any problems at all. This time I think we'll give a week or so between if possible. That's all dependent on things moving along at a pace though. If we can't complete on 10/11th, it will have to be early December because of a holiday!!

    Maybe I need to be telling the EA this?
    Total debt 1.11.10 23,446
    Save 6k in 2015 #129 6121.66/6000
    Save 6k in 2016 #39 6000/6000
    • abbey516
    • By abbey516 9th Oct 16, 10:34 PM
    • 89 Posts
    • 121 Thanks
    abbey516
    Oh my goodness unmumsy and MissT...I really thought we were going through it but I really really empathise with this rubbish you are both going through. People just seem to forget how "big a deal" buying a house is and completely take the p!ss.

    I have bent over backwards for our buyers...because that honestly is the type of person I am...I don't want them to move in with bad feelings against us. I have returned all paperwork the next working day and have made sure they have been updated at every stage via the EA. I have given them a huge, nearly new wardrobe for free because I remember what it was like starting out as a FTB. I've lost our boiler service cert from last year, so I'm having another one done next week so they don't have to worry about the heating failing in the middle of winter.

    We have 2 very young children and our sellers were quite happy to keep us in the dark. They waited until we had started spending money on mortgage valuation, searches etc before telling us they didn't have any plans to move out....

    Disgusting attitude.

    I really really hope you have good news next week xx
    Originally posted by Bonfire Bride
    I'm glad you have found a new house and decided to not be messed around . Like you we did everything as fast as we could I even felt sometimes I was doing the solicitors work for them. We were let down by our buyers and their EA they kept us in the dark even after we waited for them when their first buyer let them down, Our vendor was brilliant he could have put it back on the market as a lovely house all recently renovated and I'm sure he would have sold again quickly. I just can't quite believe we are actually moving at last . I wil keep my fingers crossed for you and sometimes these things are meant for a reason so maybe this house will be a better choice in the end
    • jojo9239
    • By jojo9239 9th Oct 16, 10:46 PM
    • 320 Posts
    • 226 Thanks
    jojo9239
    I hope it goes well jojo and copper. We've been told to aim for 1st week in November by the EA but our solicitor is aware that we want in ASAP and preferably before the end of the month.

    Are either of you planning to exchange and complete on the same day?
    Originally posted by thegirlintheattic
    Well we have sold our and completed on 16th Sept been at my mums since haha we exchanged and completed in same day on our sale and wasnt many issues just didnt complete till 330 which was fine for us but I imagine if you had loaded a van and were waiting it would be a pain. I think im going to give it till about 21st oct then ask solicitor where we are. Our vendor is buying somewhere with no chain so shouldnt be too complicated but the house we were buying previously had no chain and fell through

    Good Luck everyone xx
    • PlaysNicely
    • By PlaysNicely 10th Oct 16, 7:59 AM
    • 101 Posts
    • 174 Thanks
    PlaysNicely


    Morning ... another week at it!

    Phirefly, I missed your latest posting Friday .. so pleased to see that Friday ended well for you! Hope you've had a happy weekend of planning and packing, all the best to yourself and of course Abbey, for moving day!

    To everyone else and those thoughts about dates ... we also started this ball rolling quite early on as we're just a chain of 3 and no mortgages involved, so I was hoping for last week in October when OH has a week off and our buyers were also pushing to be in asap. However, our buyers then waited for the survey before instructing searches (& their chosen surveyor was unavailable) so week 4 of process before survey, and still not sure if they've instructed searches as they are still reviewing survey report.

    I've found out that the one we're buying (chain free and vacant) is a probate sale but no one can tell me if probate has been granted and my solicitor is away until the end of this week, so she hasn't been able to get onto it.

    So, we're also looking at mid-Nov latest to complete but would like to exchange asap (our buyers also want exchange asap). So it looks like this might be a busy venting thread through early November as we all do the necessary with EAs, solicitors and everyone else involved ... good to have this hub of sanity and understanding going into it!

    I'd be happy to consider exchange and completion on the same day, but I know it can be extra stressful ... my sister and her hubby once did this in a chain of 3. Mind you, their extra stress came from the fact the vendors left the dog behind because it was "all too unsettling for it"!

    Aims for this week:
    Try to get F&F issue dealt with via EA so that when solicitor gets back we can push on towards contracts etc.
    Chase outcomes of both surveys as no news yet and add that into mix to greet solicitor back with.
    Investigate good value flood risk insurance for one we're buying (assuming no surprises arising from survey report).
    And cheer myself up by accepting the quote from jolly removals guys who moved us last time and also by getting a few boxes off them so I can pack and plan (when I'm not working or doing the above)!

    All the best for a winning week ahead for everyone! PN x
    Last edited by PlaysNicely; 10-10-2016 at 8:00 AM. Reason: Ineptitude
    • mattk_180
    • By mattk_180 10th Oct 16, 9:41 AM
    • 338 Posts
    • 252 Thanks
    mattk_180
    Not logged in for a few days but just had a quick skim read and sorry to hear so many of you are still having issues.


    I spoke to my solicitor on Friday and they basically told me not to listen to the EA dealing with their purchase as they're misinforming us. Turns out the mortgage query on our vendors onward sale was sorted ages ago and they are now only waiting for confirmation of buildings insurance before they can exchange!!


    I've said before I had a feeling they didn't really want to exchange before they were back from their holidays (even though they agreed to) and whether coincidence or not, it looks like that's what's going to happen.


    Insurance confirmation should have been send Friday or today and were told by solicitors we should be exchanging no later than Tuesday.


    Here's hoping!
    • Levs01
    • By Levs01 10th Oct 16, 9:56 AM
    • 224 Posts
    • 238 Thanks
    Levs01
    Not logged in for a few days but just had a quick skim read and sorry to hear so many of you are still having issues.


    I spoke to my solicitor on Friday and they basically told me not to listen to the EA dealing with their purchase as they're misinforming us. Turns out the mortgage query on our vendors onward sale was sorted ages ago and they are now only waiting for confirmation of buildings insurance before they can exchange!!


    I've said before I had a feeling they didn't really want to exchange before they were back from their holidays (even though they agreed to) and whether coincidence or not, it looks like that's what's going to happen.


    Insurance confirmation should have been send Friday or today and were told by solicitors we should be exchanging no later than Tuesday.


    Here's hoping!
    Originally posted by mattk_180

    Insurance companies keep telling me I can't get an insurance quote till I own the property. Am I asking for the wrong thing? I need insurance for the house on exchange but I won't 'own' it till 31st???
    • glentoran99
    • By glentoran99 10th Oct 16, 10:01 AM
    • 4,099 Posts
    • 2,924 Thanks
    glentoran99
    Strange, just do it online that's all I did
    • mattk_180
    • By mattk_180 10th Oct 16, 10:08 AM
    • 338 Posts
    • 252 Thanks
    mattk_180
    Levs01 - sounds like the company you are dealing with don't know what they are talking about. You are legally responsible for the house and therefore have financial interest from the point of exchange, hence the need for insurance. I thought all insurance companies would know this as I'm sure pretty much everyone gets their house insurance at exchange?


    I would query it again or do what glen said and look online. That's what I did with mine and some comparison sites actually ask what date you are moving in and arrange for correspondence to be sent to your current address until that date.
    • Levs01
    • By Levs01 10th Oct 16, 12:17 PM
    • 224 Posts
    • 238 Thanks
    Levs01
    I think I will. I've just taken out new insurance in my currently place, have to cos of existing mortgage but pain for timing. I am however in the 14 day cooling off period so I can cancel if we exchange this week. Our vendors are signing this week our buyers have signed just the bottom of the chain to get done this week and we exchange! I think my default feeling this week will be slightly nauseated lol
    • lifeofunmumsy
    • By lifeofunmumsy 10th Oct 16, 12:39 PM
    • 22 Posts
    • 35 Thanks
    lifeofunmumsy
    Hi everyone

    Just logged in to see how people are doing - I've been too down to log in much the past week.

    BB - can't believe your sellers are behaving like that, I just can't understand why people don't see what a big emotional deal moving house is.

    No update on mine - today was supposed to be our moving date but instead we're now 10 days in to silence from our buyers who are still deciding whether they want to buy our house anymore because of the high speed rail plans. Husband turned 30 on Saturday but it was a bitter sweet day as we thought we'd have heard either way on Friday but faced yet another weekend of silence.

    It's crazy but I feel worse for the people we are buying off as I haven't been able to confirm what's happening yet as don't have a clue - I keep picturing they have packed up ready to go and we're sat here not knowing if we will be able to move anymore!. I'm so glad we didn't pack up any of our house though.

    It's strange though, because we were so ready to move to start a family and then my sister who is younger has just announced she's pregnant - iys been a tough weekend going from thinking we'd be starting fresh today in a new house to now facing into learning to love our little house all over again.

    Did anyone else fall out of love with their current house during selling? I need to get out of this funk and get on with it!

    We were hoping to have heard either way by last Friday as we planned to take a holiday this week so as not to be sat around dwelling on not moving but with us still not knowing either way, we don't dare spend the money.

    I really hope everyone else's moves are progressing well - for now, we continue to sit and wait!
    • glentoran99
    • By glentoran99 10th Oct 16, 12:41 PM
    • 4,099 Posts
    • 2,924 Thanks
    glentoran99
    Hi everyone

    Just logged in to see how people are doing - I've been too down to log in much the past week.

    BB - can't believe your sellers are behaving like that, I just can't understand why people don't see what a big emotional deal moving house is.

    No update on mine - today was supposed to be our moving date but instead we're now 10 days in to silence from our buyers who are still deciding whether they want to buy our house anymore because of the high speed rail plans. Husband turned 30 on Saturday but it was a bitter sweet day as we thought we'd have heard either way on Friday but faced yet another weekend of silence.

    It's crazy but I feel worse for the people we are buying off as I haven't been able to confirm what's happening yet as don't have a clue - I keep picturing they have packed up ready to go and we're sat here not knowing if we will be able to move anymore!. I'm so glad we didn't pack up any of our house though.

    It's strange though, because we were so ready to move to start a family and then my sister who is younger has just announced she's pregnant - iys been a tough weekend going from thinking we'd be starting fresh today in a new house to now facing into learning to love our little house all over again.

    Did anyone else fall out of love with their current house during selling? I need to get out of this funk and get on with it!

    We were hoping to have heard either way by last Friday as we planned to take a holiday this week so as not to be sat around dwelling on not moving but with us still not knowing either way, we don't dare spend the money.

    I really hope everyone else's moves are progressing well - for now, we continue to sit and wait!
    Originally posted by lifeofunmumsy

    Yes, 100% did, Couldn't wait to get out of it, every thing neighbours did and more I looked round the house seeing what needed don't if we were staying depressed me, and we were there for ten happy years
    • Levs01
    • By Levs01 10th Oct 16, 1:02 PM
    • 224 Posts
    • 238 Thanks
    Levs01
    Yes, 100% did, Couldn't wait to get out of it, every thing neighbours did and more I looked round the house seeing what needed don't if we were staying depressed me, and we were there for ten happy years
    Originally posted by glentoran99
    Exactly the same. I think it's a natural process of detachment other wise none of us would ever move anywhere. We've had 20 wonderful years in our house. All of our children have been born and raised whilst living here, we have wonderful chrtismas memories. I have emotionally detached myself from the house. I'm ready to move. I'm excited by our new house. We're going. To be living in a building fornfor 4-6 weeks which is going to be very hard but it will be worth it!
    • seven-day-weekend
    • By seven-day-weekend 10th Oct 16, 1:08 PM
    • 28,633 Posts
    • 53,172 Thanks
    seven-day-weekend
    We owned our house for forty years but were able to leave it behind without a backward glance. I didn't think we would be able to. But now we love our bungalow so much and are making new memories
    To love someone is to learn the song in their heart and to sing it to them when they have forgotten it
    'I believe in Christianity as I believe that the sun has risen. Not only because I see it, but because I see everything by it': C.S. Lewis
    St. Augustine 'In essentials, unity; in non-essentials, liberty; in all things, charity.'
    • abbey516
    • By abbey516 10th Oct 16, 4:53 PM
    • 89 Posts
    • 121 Thanks
    abbey516
    I think I will. I've just taken out new insurance in my currently place, have to cos of existing mortgage but pain for timing. I am however in the 14 day cooling off period so I can cancel if we exchange this week. Our vendors are signing this week our buyers have signed just the bottom of the chain to get done this week and we exchange! I think my default feeling this week will be slightly nauseated lol
    Originally posted by Levs01
    We took ours out in August with Legal and General they were great gave us a month free.We had to because we have equity on our property and they needed to see the new house was insured at exchange, been paying it for 3 months now as move on 20th Oct didn't cost much but gave us peace of mind will cancel on this one on 20th.
    • abbey516
    • By abbey516 10th Oct 16, 5:09 PM
    • 89 Posts
    • 121 Thanks
    abbey516
    Hi everyone

    Just logged in to see how people are doing - I've been too down to log in much the past week.

    BB - can't believe your sellers are behaving like that, I just can't understand why people don't see what a big emotional deal moving house is.

    No update on mine - today was supposed to be our moving date but instead we're now 10 days in to silence from our buyers who are still deciding whether they want to buy our house anymore because of the high speed rail plans. Husband turned 30 on Saturday but it was a bitter sweet day as we thought we'd have heard either way on Friday but faced yet another weekend of silence.

    It's crazy but I feel worse for the people we are buying off as I haven't been able to confirm what's happening yet as don't have a clue - I keep picturing they have packed up ready to go and we're sat here not knowing if we will be able to move anymore!. I'm so glad we didn't pack up any of our house though.

    It's strange though, because we were so ready to move to start a family and then my sister who is younger has just announced she's pregnant - iys been a tough weekend going from thinking we'd be starting fresh today in a new house to now facing into learning to love our little house all over again.

    Did anyone else fall out of love with their current house during selling? I need to get out of this funk and get on with it!

    We were hoping to have heard either way by last Friday as we planned to take a holiday this week so as not to be sat around dwelling on not moving but with us still not knowing either way, we don't dare spend the money.

    I really hope everyone else's moves are progressing well - for now, we continue to sit and wait!
    Originally posted by lifeofunmumsy
    So sorry for your problems I can sympathize how you feel when the day comes round you should have been moving.

    Yes I did fall out of love with my house several times . But sometimes after viewing other property I wondered why we were moving and came home and loved it again. Then when we had some offers I fell out again but finally when I found the one we wanted I realized I could love that house too. We have been here 36 years had lots of happy memories with my children and pets but having lost both my cats recently one 18 and the other 20 it's time to move with the new one we have. We even lost our fish this year to a heron after 20 years and only one survived but when we looked in the summer there were 7 babies and their growing big now so the new owner can enjoy them .It's time to make a new start for our old age and the house will be more manageable for us both . Hoping you get some good news soon and always remember it's what you make of a house and the one's your with, not the house it's self
    • armyhedge
    • By armyhedge 10th Oct 16, 5:13 PM
    • 25 Posts
    • 2 Thanks
    armyhedge
    I've been watching this thread with interest and now, finally, think we might be ready to add to it!

    Our circumstances are slightly different as we had a previous sale fall through so mortgage & solicitor were already in place.

    Our timeline is...
    Offer made & accepted: 22nd August
    Solicitor engaged: 23rd August
    Mortgage company notified: 24th August
    Survey: 2nd Sept (report back 12th Sept)
    Contract received: 14th Sept
    Mortgage deed received: 16th Sept
    Local authority search received: 30th Sept
    Planning to Chaps the deposit tomorrow 4th Oct
    Exchange?

    We're in a chain of three:
    Our purchase
    Seller's purchase (apparently ready to exchange)
    + 1 purchase (currently vacant, with an offer accepted sometime at the beginning of the summer)

    Just waiting to hear when contracts will be signed by everyone else and also confirmation about a statutory declaration that the top of the chain need.

    Feels like we are close but how close we don't know as EA is being generally vague

    Thanks
    Originally posted by armyhedge
    Shortly after I posted this we had confirmation that the outstanding items in the chain were sorted and that we would all be ready to exchange from today (10th Oct) with a deadline of Wednesday (12th) to meet completion on 24th Oct.

    Cut to today and as we have recently changed our mortgage product rate (loan amount stays the same) then we need to wait for a new reoffer to be sent out and certificate of title from the solicitors sent back.

    So a little egg on our face as the delay is ours. From talking to the lender they said it wouldn't impact on exchange but after talking to our solicitor, they advised to wait.

    Reoffer due by fax tomorrow (very old school) or post on Wednesday/Thursday. Therefore opting for a 9am call tomorrow to lender to get fax moving so can keep on track for Wednesday's deadline.

    V. stressed by it all but its of our own making.
    Hope this doesn't spook the chain
    Fingers crossed that faxes still work
    • Korra
    • By Korra 10th Oct 16, 5:43 PM
    • 64 Posts
    • 74 Thanks
    Korra
    Hi all,

    I have been busy the last few weeks at work and trying to get everything sorted for the solicitors. I have been reading the posts when I have had a quiet moment.

    Congratulations to all that have exchanged and/or completed.

    BB sorry to hear about the isses you've had with ur seller. Glad you have found another property.

    I should be exchanging at some point this week. I need to post the signed contracts and the final paperwork to them tomorrow and transfer the deposit required for exchange. I need to go view the property again as I last saw it at the end of May. I also plan to measure the space where the wardrobe will go and the space for the washing machine.

    Completion should be next week but I might request it for the 25th. I have until the end of November to move out of the flat so plan is to take 2 weeks off in November and move in properly.

    Fingers crossed for everyone.
    2016: Hopefully be a FTB Complete 27.10.2016
    • thegirlintheattic
    • By thegirlintheattic 10th Oct 16, 6:38 PM
    • 2,700 Posts
    • 3,509 Thanks
    thegirlintheattic
    I'm glad to hear others have been okay exchanging/completing on the same day. It's our preferred choice as there is no chain and we have a months overlap with our rental (not triggered till exchange).

    Hope this week brings news.
    Save 200 a month : Oct Nov Dec Jan Feb Mar Apr
    • Davo_
    • By Davo_ 10th Oct 16, 7:12 PM
    • 18 Posts
    • 41 Thanks
    Davo_
    Hi folks. I posted a while back stating I was hoping to exchange soon but I obviously cursed it! I have read the recent posts and I am sorry to hear of a lot of the stress people go through and think I need to consider myself a little lucky? Are they ever straightforward?


    I am a FTB and had offer accepted 23 June. Long story short I said I would wait until September to complete because my seller had to wait out a contract with another estate agent to avoid paying 2 sets of fees. I gave notice on my rental place in August as we were "on track" to complete in September. It came and went and I had to move out end of September. This was supposed to be for a week or so, so I am staying with family/friends.


    Was really frustrated to hear from EA last week that my seller hasn't got their mortgage offer in place on their connected purchase, they've had THREE MONTHS to sort it out. Was further frustrated to hear that there is now an issue on their credit check but it "should be fine". Found this out Saturday morning and spent the weekend worrying it will all fall through and I have no where to live.


    I am fortunate compared to others because I am just a purchase (can't imagine the stress of simultaneous purchase and sale) and I am just me, no kids or pets to worry about. But I am feeling quite stressed by it all and frustrated that there is little to nothing I can do to hurry it along... I think I share this feeling with a lot of you!
    • jojo9239
    • By jojo9239 10th Oct 16, 7:33 PM
    • 320 Posts
    • 226 Thanks
    jojo9239
    Yes, 100% did, Couldn't wait to get out of it, every thing neighbours did and more I looked round the house seeing what needed don't if we were staying depressed me, and we were there for ten happy years
    Originally posted by glentoran99
    Same here I stopped doing my Saturday deep cleans for like 5 weeks think I just wanted out in the end hence why we are at mums now
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