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  • FIRST POST
    • Mrs Z
    • By Mrs Z 31st Mar 14, 2:28 PM
    • 866Posts
    • 844Thanks
    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 372
    • Foion
    • By Foion 19th Oct 16, 7:47 AM
    • 9 Posts
    • 15 Thanks
    Foion
    Thanks BB

    I have to chase up the solicitor today to make sure they're onboard with the timescale outlined (its tight, but the quicker everything is checked the better IMO)

    My current address was listed incorrectly on the last document the EA sent through to me, so I need to get that fixed - possibly my fault, we've been busy in work and I was doing multiple things whilst on the phone to them.


    Good luck everyone, hope there's good news coming your way.
    • glentoran99
    • By glentoran99 19th Oct 16, 7:57 AM
    • 4,389 Posts
    • 3,235 Thanks
    glentoran99
    The EA are painfully slow with any correspondence the email address is just a branch email no personal emails i just want to exchange but I don't think she will do that till hers is ready
    Originally posted by jojo9239
    My estate agent was the same, However its not hard to find individuals email addresses and use them
    • PlaysNicely
    • By PlaysNicely 19th Oct 16, 8:04 AM
    • 131 Posts
    • 365 Thanks
    PlaysNicely


    Congrats Korra, the 27th will come round quickly, here's to a smooth move for you!

    Welcome back Chickenmumma and with a quick exchange / completion in the offing too! Well done!

    Welcome Foion and Neilio, stressful situations all round, timescales bring their own stresses, let's hope something can get sorted. Neilio, I'd certainly be harassing the EA, you'll be paying their fee remember, for the fact that they introduced this buyer, so they should be doing everything they can to get this sorted for you. They should be talking to the buyer and buyers solicitor much more on your behalf, you shouldn't have to contact them yourselves (although I understand why you want to)!

    Another day working and hoping the solicitors and EA etc are working hard to getbtheir parts done. Will be popping signed contract for our purchase back to solicitor during my lunchbreak, then more waiting. Plumber coming to repair heating valve later too, so new owners will be toasty here (and so that we can stay warm in the meantime) ...!

    Lcc, Jojo and Levs, really hoping today's the day for you, you certainly all deserve for the pain to finally be over and BOnfire, I know it's a case of the longer the better after exchange for you, but either way best of luck for the exchange after such a looooooong road to a successful sale for you.

    Here's to a Work-It Wednesday for everyone, where the professionals will do what's needed to work it out and get it done! PN x
    Last edited by PlaysNicely; 19-10-2016 at 9:02 AM. Reason: Deftness, just daftness
    • ultimatedingbat
    • By ultimatedingbat 19th Oct 16, 8:11 AM
    • 737 Posts
    • 202 Thanks
    ultimatedingbat
    Waiting on our lenders valuation and some information RE: the mortgage. They offered us it originally and now want more information. hopefully it's just the confirmation from my work. Hope they get their fingers out today and do it! Want to move forward now
    • neilio
    • By neilio 19th Oct 16, 8:18 AM
    • 214 Posts
    • 101 Thanks
    neilio
    Welcome Foion and Neilio, stressful situations all round, timescales bring their own stresses, let's hope so,etching can get sorted. Neilio, I'd certainly be harassing the EA, you'll be paying their fee remember, for the fact that they introduced this buyer, so they should be doing everything they can to get this sorted for you. They should be talking to the buyer and buyers solicitor much more on your behalf, you shouldn't have to contact them yourselves (although I understand why you want to)!
    Originally posted by PlaysNicely
    Thanks, PlaysNicely. Apparently, the EA is in regular contact with the buyer and tries to speak to the buyer's solicitor if he can get through the secretary. From what I'm told, the buyer is very ill-informed by what exactly is being discussed between both parties, and his solicitor is, allegedly, a friend of the family, which makes it even more sensitive when the EA tries to tell the buyer what his solicitor is up to. It is absolutely ridiculous. But I will hang in there as best I can. We have delivered an ultimatum that exchange must happen this week. Not sure how well I can hold my nerve if it does come to having to withdraw the sale or not.
    • Korra
    • By Korra 19th Oct 16, 9:23 AM
    • 64 Posts
    • 74 Thanks
    Korra
    Good luck Levs. I was the same on Friday with 2 hours of sleep.

    Another sleepless night. Literally had 2 hours as my brain wouldn't shut off. I did make it stop stressing by thinking about nice things like carpet colours and wall paper but it kept going back to stressing. Hopefully exchange today.
    Originally posted by Levs01
    2016: Hopefully be a FTB Complete 27.10.2016
    • Korra
    • By Korra 19th Oct 16, 9:30 AM
    • 64 Posts
    • 74 Thanks
    Korra
    Thanks PN. I don't actually move into the house until the 5th of November or even later as I have the rented flat until end of November. I ordered the cupboard and drawers for my room yesterday so I could get a weekend delivery date with IKEA. I have a removals company coming on Saturday to give me a quote. I don't actually have a lot to move but unable to move the bulky stuff (i.e mattress, 2 seater sofa and my table) by myself.

    Have you had any indication on when you might exchange?



    Congrats Korra, the 27th will come round quickly, here's to a smooth move for you!

    Welcome back Chickenmumma and with a quick exchange / completion in the offing too! Well done!

    Welcome Foion and Neilio, stressful situations all round, timescales bring their own stresses, let's hope something can get sorted. Neilio, I'd certainly be harassing the EA, you'll be paying their fee remember, for the fact that they introduced this buyer, so they should be doing everything they can to get this sorted for you. They should be talking to the buyer and buyers solicitor much more on your behalf, you shouldn't have to contact them yourselves (although I understand why you want to)!

    Another day working and hoping the solicitors and EA etc are working hard to getbtheir parts done. Will be popping signed contract for our purchase back to solicitor during my lunchbreak, then more waiting. Plumber coming to repair heating valve later too, so new owners will be toasty here (and so that we can stay warm in the meantime) ...!

    Lcc, Jojo and Levs, really hoping today's the day for you, you certainly all deserve for the pain to finally be over and BOnfire, I know it's a case of the longer the better after exchange for you, but either way best of luck for the exchange after such a looooooong road to a successful sale for you.

    Here's to a Work-It Wednesday for everyone, where the professionals will do what's needed to work it out and get it done! PN x
    Originally posted by PlaysNicely
    2016: Hopefully be a FTB Complete 27.10.2016
    • lifeofunmumsy
    • By lifeofunmumsy 19th Oct 16, 9:58 AM
    • 22 Posts
    • 35 Thanks
    lifeofunmumsy
    Morning forum friends,

    a sleepless night here too - I feel for all of us who are working today on limited sleep... 2 hours for me! am currently sat at work with a huge cup of coffee and matching palpitations lol.

    So, it's now looking less hopful for us again - our buyer emailed overnight to say they're struggling to get home insurance sorted because they don't currently have a UK address or tel number. Also mentioned flood risk. I sent them back that floodrisk fully covered by all insurers we've had over the years and that we pay a competitve price for our insurance every year with no issues. Today will be day 3 we should have exchanged with a move date set for Monday - I have however tried to put that out of my head and feeling pretty gutted that we started clearing out at the weekend and looking at new furniture thinking this was definetley it.

    Best of luck to you all today if you're waiting on exchange. For me it's a day of lots of caffiene and less hope than the last 2 days.

    I have to say, it's been 12 weeks since we accepted the offer on our home and I am totally exhausted, I know others have been going much longer and I have huge respect for you all. I am drinking far too much weekday wine at the moment!!
    • neilio
    • By neilio 19th Oct 16, 10:57 AM
    • 214 Posts
    • 101 Thanks
    neilio
    I just want to applaud the camaraderie of this thread!

    My EA has put us in direct contact with the buyers by email this morning. I have sent an email to all explaining the situation and informing them of our ultimatum. No response from the buyers yet. I suspect they are quite frightened because they are FTB and, according to their solicitor's correspondence, their solicitor does not keep them in the loop with what is going on and shan't until he is satisfied. Therefore, this was all probably new to them. They needed to know, and now they do. Let's see what happens.


    I have a telecon with my solicitor this afternoon to discuss what the **** we are supposed to do.
    • Jox
    • By Jox 19th Oct 16, 11:28 AM
    • 1,271 Posts
    • 2,691 Thanks
    Jox
    Good luck neilio, I understand your frustrations. I hope you have a better outcome x
    Last edited by Jox; 20-03-2017 at 4:58 PM.
    • lifeofunmumsy
    • By lifeofunmumsy 19th Oct 16, 11:37 AM
    • 22 Posts
    • 35 Thanks
    lifeofunmumsy
    Good luck Neilio - it sounds very much like you EA is fed up with the whole situation too!. I'd put money on your buyers not being aware of any of this so perhaps it will allow them to give their solicitor a big shove in the right direction.
    • Levs01
    • By Levs01 19th Oct 16, 12:42 PM
    • 224 Posts
    • 238 Thanks
    Levs01
    No exchange today or tomorrow, maybe Friday. The first time !!!!, sorry, buyer at the bottom has decided they need a gas safety certificate before exchange. I'm so !!!!ing upset it's unreal. I've truly had enough. Can't cope with anymore!

    Edit to add they are buying a flat that's at most 4 years old. I'm so angry right now.
    Last edited by Levs01; 19-10-2016 at 12:47 PM.
    • Catriona_P
    • By Catriona_P 19th Oct 16, 12:47 PM
    • 825 Posts
    • 4,699 Thanks
    Catriona_P
    In a weird kind of way I'm glad I'm not the only one who is struggling with sleep and work! It's nice to know I'm not alone! My boss is totally unsympathetic to anything in the world beyond the office which doesn't help.


    Finally had a small amount of progress here, the sellers have agreed to let us send in contractors to look at the gas/electrics prior to exchange so I now need to sort that out. I'm still waiting on responses to the incorrectly filled fittings/contents form.


    The solicitors have also asked for proof of my deposit which I've now sent. They've also asked for details of the buildings insurance provider for my new property, which confuses me since we have no exchange date so I havn't purchased any yet. Is this standard?
    "Why, this is hell, nor am I out of it."
    LBM Debt March 12 - £3,241 Paid Aug 2014!
    Debt 2 - 0% CC (till Oct 17) - £2,021.22
    • glentoran99
    • By glentoran99 19th Oct 16, 12:56 PM
    • 4,389 Posts
    • 3,235 Thanks
    glentoran99


    The solicitors have also asked for proof of my deposit which I've now sent. They've also asked for details of the buildings insurance provider for my new property, which confuses me since we have no exchange date so I havn't purchased any yet. Is this standard?
    Originally posted by Catriona_P

    Yeah mine was the same, I just told my solicitor who it would be through, didn't get it through them in the end though and just changed my existing policy
    • Catriona_P
    • By Catriona_P 19th Oct 16, 1:05 PM
    • 825 Posts
    • 4,699 Thanks
    Catriona_P
    Yeah mine was the same, I just told my solicitor who it would be through, didn't get it through them in the end though and just changed my existing policy
    Originally posted by glentoran99


    Seems a bit weird to me when we are probably some way off actually exchanging. I'm renting so no current buildings insurance - guess I'd better go off and get some quotes then!
    "Why, this is hell, nor am I out of it."
    LBM Debt March 12 - £3,241 Paid Aug 2014!
    Debt 2 - 0% CC (till Oct 17) - £2,021.22
    • Korra
    • By Korra 19th Oct 16, 2:13 PM
    • 64 Posts
    • 74 Thanks
    Korra
    I told my solicitors that I won't get the insurance until exchange is about to happen. Just confirm with the solicitors whether the mortgage lenders name needs to me mentioned in the policy as mine did. I had to call the company and ask them if they could add it on to say the mortgage lender is an interested party.


    Seems a bit weird to me when we are probably some way off actually exchanging. I'm renting so no current buildings insurance - guess I'd better go off and get some quotes then!
    Originally posted by Catriona_P
    2016: Hopefully be a FTB Complete 27.10.2016
    • jojo9239
    • By jojo9239 19th Oct 16, 2:31 PM
    • 320 Posts
    • 226 Thanks
    jojo9239
    So fustrating the purchase our vendor is making they haven't returned their contract pack yet !!! It's been 5 weeks!!!! On a plus note she's leaving the wardrobes lol
    • Levs01
    • By Levs01 19th Oct 16, 2:59 PM
    • 224 Posts
    • 238 Thanks
    Levs01
    I'm a bit calmer now. I'm still angry but I can't change it so begrudgingly accepting delay. FTB at the bottom has been advised by solicitor to do a final check before exchange and being FTB is following instructions to the letter. Which whilst I do understand, it is no less annoying. They are going tomorrow to do final check. They have sent signed contract back and transferring deposit today for exchange first things Friday. Our vendor is aware of the delay and is ok. 48 hours and hopefully we will all be exchanged.
    • Levs01
    • By Levs01 19th Oct 16, 3:01 PM
    • 224 Posts
    • 238 Thanks
    Levs01
    So fustrating the purchase our vendor is making they haven't returned their contract pack yet !!! It's been 5 weeks!!!! On a plus note she's leaving the wardrobes lol
    Originally posted by jojo9239
    Wardrobes are very handy. We currently have built in ones so now have to buy 3 wardrobes are expensive too.
    • lcc86
    • By lcc86 19th Oct 16, 3:25 PM
    • 862 Posts
    • 2,000 Thanks
    lcc86
    We have finally exchanged!! *pours massive imaginary glass of wine*
    1/12/14 total £9,140 DFD 30/01/17

    http://forums.moneysavingexpert.com/showthread.php?t=5124473 - my DFD

    2017 365 day challenge £313 saved
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