Anyone else just started the "Buying a House" Process?

spamberler

No Chain! I have no idea. My mortgage advisor is going to give them a call!

MyHouse75

MyHouse75 wrote:

My solicitor finally got an update from the sellers solicitor:j . After two weeks of not knowing what is going on with the rest of the chain, we now know that our seller is waiting for a few bits of outstanding paperwork on their related purchase (guarantees for work done at the property). Sellers solicitor anticipates that if these arrive shortly exchange should be able to take place by the end of next week with completion set for the 8th November.

These past couple of days have been really difficult...I am really starting to feel the strain. We were due to exchange end of this week, but haven't heard anything from our solicitor regarding this, so I don't think it's going to happen. We have to be out of our rented property by 25 Nov, am due to give birth to baby no2 on 3 Dec, so needless to say we are absolutely desperate to exchange and complete!

This is now week three when the whole chain is at a standstill because we are waiting for my seller to receive guarantee papers for some work done on the property they are buying. How can it take this long, is anybody doing any chasing or are they just happily sitting and waiting for the post?!?!

I wish we had never started this house buying process now. I wish we had waited until after Christmas when the baby is born. I just never thought things can drag on like this, weeks going by and nothing happening. When we put our offer in we were told that seller wants to complete by end of October and now the seller is talking about November, soon this will change to December and so on and so on....

I can't believe we will be homeless on 25 Nov if we don't exchange and complete by then! Our landlord has already found someone to move in at the end of Nov, so can't negotiate with our landlord for an extension to our rent agreement.

I appreciate that our seller doesn't want to exchange until they have the guarantee papers, but we don't have the luxury to sit and wait for weeks and months for these papers to arrive, especially since we've been ready to exchange for three weeks. It's OK for them, they own the house they live in so don't have to worry about having to move out by a certain date the way we do.

I am now at the stage where I feel like giving them an ultimatum, either we exchange and complete by 25 November when our rental agreement runs out or we pull out of the sale and look for another rented accommodatio. I don't care anymore about losing the survey money etc., I just want to know that my family will have a roof over their heads this Christmas.

I have never felt this stressed and am actually feeling quite depressed. Should be one of the happiest times of my life, expecting baby no.2 and moving house, but things are just taking too long and we just can't sit and wait anylonger, we need to get things moving! I just wish I had listened to my parents who said that moving while I'm pregnant is not a good idea. I just stupidly thought that we'd be in our new house by end of October, should have known better:mad: !

Feel a bit better after this rant. Hope all you other FTB's are having better luck!

madfrenchgirl

hi i tought about joining this club of FTBs

OH and I have been saving and planning for buying our first home together since June 2005. We used to live in a manky house, right by an A road (without double glazing), with a dog full of fleas and the landlords (who used to be friends) becoming more and more annoying by the minute (especially her). We put up with it for a year in the end.

We started really looking in January of this year, found somehting in February but the house fell through (the sphincters pulled out on us) in May. It took us quite a while to find anything acceptable as the market was not going anywhere at that time. Once we finally found the house we are currently buying, it was far too late for us to complete and move in before getting kicked out by our lovely and friendly landlords (no extension, even though when they gave us notice, they said we could extent if we were purchasing something).

We ended up renting a van, apcking everythng, and storing it in self storage. We had to live on a campsite for 2 weeks until one of my bf's workmates offered to put us up for a bit of rent. Which we are doing now.

Our sollic are fab but the vendpors' are pure pooh. Everyone get on messing us around, telling different things.

We finally phoned the vendors last week directly: it turns out that when the owner's husband died 23 years ago, no one thought about doing a probate. this was spotted about 1.5 months ago and should take until early November to get sorted. Add to that exchange of contracts and completion, we wont be in before mid-November.

Our offer was accepted early August.

I hate the EAs now, aint they supposed to check if the person qho puts the house on the market really owns the house?

What a bunch of cowboys!

madfrenchgirl

big hugs to you myhouse75... i can hardly imagine going through the same pooh situation i have been through with kids and pregnancy on top.

yak00

if I didn't laugh about it, think i would cry ! ..

Rang the solicitor last week for an update as it'd been a couple of week without any movement, solicitor said that they'd written to the vendor's solicitors and were waiting for a reply. Asked if she could not pick up the phone and ring them !, "sure I will do that today". Rang up on Monday as I didn't get a call back on Friday heres what she had to say ..
"I did try ringing but couldn't get through, so I sent a letter" unbelievable ! just didn't know what to say without blowing my top !.
I then rang the agent only to be told the vendor had rung them on Saturday to find out why things had stalled !...

izoomzoom

Oh, this house buying business is so frustrating. You just need to keep on and on at people. I was at my wits end last Friday and phoned the vendor direct to get him to chase his solicitor.

Well it worked. Spoke to my solicitor this afternoon and they have everything and will be writing to us to come in and go through the contact and I assume sign it.

Can't wait for next week now.

Expected completion is end of November (we are in rented and need to give a month's notice still)

MyHouse75

madfrenchgirl wrote:

big hugs to you myhouse75... i can hardly imagine going through the same pooh situation i have been through with kids and pregnancy on top.

Thanks Madfrenchgirl!

It's now Friday and we haven't exchanged this week like we were supposed to, so it's another week gone by and the waiting continues...
Our solicitor updated us yesterday, our seller has now received all the paperwork and should be in position to exchange "fairly soon". Whatever that means:rolleyes: . Asked our solicitor to make sure that the rest of the chain are aware that we need to be out of our rented property by 24 Nov, so need to have completed by then. According to him completion prior to our deadline should be possible...so vague, what the hell does "fairly soon" and "should be possible" mean??? These promises don't provide us with a roof over our heads come 24 Nov and exchange and completion "fairly soon" still hasn't taken place....


So we are still absolutely DESPERATE to exchange and complete and are increasingly anxious as the clock is ticking and seller seems unwilling to commit to exchange and completion date:mad: . If no exchange by end of next week we will have to start thinking about plan B, ie. renting another property over Christmas and not completing until January at the earliest.

Weggy

Ours is also being delayed considerably. Solicitors say they're waiting for the plans to arrive from the Land Registry.... apparently, these normally take a few days... but it's been 3 weeks since they requested them! I asked if they'd chased to which they said no, but they'd do it now! Remind me what I'm paying them for?

Jo.1981

Needed to have a rant about what happened to us.

My partner and I got engaged last September and started to look for a house. We found one we liked in October put in an offer and got it. Unfortunately we had to pull put as it required to much work and at the time we could not afford it to do it (offer was subject to survey).

The next house we found was in May this year we fell in love with it and we thought FINALLY!, we put in an offer at the closing and got it! we started getting the mortgage organised and things were going as well as could be expected. Then short of a few hours a week to the day we got a phone call from our solicitor, he told us that the selling solicitor had phoned the wrong person(!!!) and were in fact not the highest bid and we did not have the house and there was nothing we could do about it! To say we were devastated was an understatement! We got in touch with the Law Society of Scotland and after waiting weeks we got a reply saying that the Selling Solicitor was acting in their clients interest and not ours and we had no grounds to appeal the decision.

So a few months on we are still trying to find a house.

Watching the house prices go up and up and I now convinced that it's the solicitor that is driving up the prices not 'just how the market is at the moment'

We were advised to put in an offer of 150k by our solicitor for a house (it was nothing special) we can't understand why anyone would want to pay that much for this house. If the house is not valued at that how the hell are people getting a mortgage for it.

I DON'T UNDERSTAND!!!! All I want is a nice wee house, is that to much to ask for!

garry_s

Mine's up for sale! (Edinburgh) ground floor flat!