Anyone want to be my house-buying buddy?

nomnomnom

LE3 wrote: »

Ok, offer accepted today on a property :j

anyone want to hold my hand through the next few weeks - it's the first time I've dealt with this & I'm doing it on my own!

There is no chain involved & both me & the vendor want it sorted asap.

Just to add to this, we had our offer accepted on the 26th February 2010. No chain either side and we were hoping for a 6 week exchange. We get our keys tomorrow :T Apparently that time frame is usual (says the estate agent). My friend also no chain involved, had hers accepted 2 weeks before us and she moved in about 2 weeks ago So 12 weeks in both cases! (disappointing though when you think you might be all done within 2 months!)

Good luck to everyone!

wessexw

I got my hands on the flood report for my property and it turns out that the problem was a 1 in 1000 year chance of pluvial flooding from the drains on a nearby main road clogging during heavy rain and the whole road and nearby roads flooding as a result. As far as I know, insurers are ok so long as you are better than a 1 in 75 year chance so I should be fine with 1 in 1000. Yay!!

wessexw

And congrats LE3 on the formal mortgage offer!! I'm waiting to hear on mine this week :S

hairdye

LE3 wrote: »

Well, I have finally received the formal mortgage offer. Solicitor is still waiting for results of searches but expects these to be back imminently
It just seems to be dragging now ....

do you know how long 'imminently' is? We have had our survey back and that was fine and the estate agent said they would send the formal mortgage offer to the solicitor, I have no idea what else is left to do or how long it is going to take! How long do searches normally take?

Great to see everyone's situations are moving along anyway!:D

hairdye

17/05/10 - offer accepted
19/05/10 - mortgage application in, solicitor instructed,
21/05/10 - survey done and recieved the memorandum of sale from the estate agents
24/05/10 - Valuation recieved, no problems.
26/05/10 - Mortgage offer recieved

Tony_R

LE3 wrote: »

Well, I have finally received the formal mortgage offer. Solicitor is still waiting for results of searches but expects these to be back imminently
It just seems to be dragging now ....

Congratutations on the mortgage offer. Like you, we just have the waiting game now for the searches.

I found out what the make and model of the fridge was.

It's this
http://www.reviewcentre.com/reviews139718.html

While a hotpoint, this particular model seems to start breaking down after 3-4 years, and this is 4.5 years old. So I've decided to keep the £75 and put it towards a new one.

wessexw

I just had my mortgage offer today too - yay!!

sharon1982

I am hoping I will hear re my mortgage offer on Tuesday... Survey being done tomorrow and IFA is back from his holiday on Tuesday, so hoping all ok! However I am anticipating in his absence they probably sent him queries - for example my credit report hasn't updated this month to show my credit card is now clear, so they will probably query my claim that it is clear... In fact my credit report says I am using 62% of my credit, when in fact everything is clear and I am using 0%!

I really hate the waiting - I am stressed out!

wessexw

Sharon my credit report hasn't been updated since April re credit card balance and I submitted a balance of 0 on my app when in April I had £200 and this wasn't queried at all so don't sweat it!

sharon1982

Thanks wessexw - that makes me feel a bit better! My only worry is my credit card balance was £2,500 in April (I paid off a lot with savings soon after that statement update, and then cleared the rest this week), so they are more likely to think it is suspicious that it went down so quickly and query it! Hopefully not though - fingers crossed!