FTB - Advice

DFCClarky

Not yet - I assume that could be found out when the checks are carried out on leases, etc.

DFCClarky

Hi all, just a quick question really.

I am at the stage where my lender has sorted out a solicitor to deal with the valuation etc. Is there anything I can do in the time being for this? I don't know if and when I should be chasing up?

This is unknown territory for me now.

princessamy86

Great news!! Do you mean to say that your lender has sorted a surveyor out? If you haven't already, get your solicitors instructed as the agent can then issue memorandum of sale to get the ball rolling with all parties. Other than that, bite your fingernails and wait for the valuation to come back! Also, your solicitor will confirm service charges.

DFCClarky

princessamy86 wrote: »

Great news!! Do you mean to say that your lender has sorted a surveyor out? If you haven't already, get your solicitors instructed as the agent can then issue memorandum of sale to get the ball rolling with all parties. Other than that, bite your fingernails and wait for the valuation to come back! Also, your solicitor will confirm service charges.

I've taken the solicitors and surveyors offered by the Halifax as I will get my legal fees back as part of the mortgage. They've instructed the solicitors as of yesterday, and I've had a call from the surveyor today asking if I want the Homebuyers Report (for only £150 on top of the basic valuation, I guessed it would be foolish not to) and they're planning on getting the valuation/HBR done either tomorrow or Friday.

I think this is the hardest part - the not knowing!!!

princessamy86

This is the stressy bit, the good thing is that as it's a repo it won't last long! Keeping my fingers and toes crossed for you lol as soon as the survey's back everything will move surprisingly quickly.

DFCClarky

Just been contacted by the valuations... survey is tomorrow!!!!

DFCClarky

Just had a call from the EA - apparently, there has been a higher, cash offer on the property. I might be feeling cynical but this is happening after I a) handed them my mortgage in principle document (which has a figure of a lot higher than I am willing to pay), b) decided I was going to not use their financial services and c) had the survey done.

Am I feeling cynical?

DFCClarky

Reoffered higher - they thought about it and asked the others; decided to go with the other buyers. I am feeling very deflated now.

pawpurrs

Sorry to hear that DFC, doent seem fair, was the survey done today?

DFCClarky

pawpurrs wrote: »

Sorry to hear that DFC, doent seem fair, was the survey done today?

Yup. Worst part is, I was ready to go and the mortgage people reckoned I'd be in a position to complete in 4 weeks!!! It just seems such a long way away again.