Am I being impatient? Conveyancing.

Bazshawkins

Fire_Fox wrote: »

So you hoped to exchange contracts within five weeks of instructing your conveyancer? That was never likely to happen, no idea why your solicitor said that was reasonable. Virtually everything has to be done and dusted by exchange! Completing by mid December was possible if you were willing to exchange a week before.

Three to four months from start to finish is standard, flats tend to take longer because of queries to the freeholder, chains also slow things down. You aren't to know this as an FTB but you'd have been a week ahead if you had your conveyancer on standby.

When you have asked him again have you just asked about the date for completion or for exchange? He may have forgotten you want a fast exchange yet a slow completion.

We were well aware things would have to go very smoothly to hit that date, but we were clear that was the sort of timescale we hoped for and he his exact words were 'perfectly feasible'.

Also aware that had we had the solicitor in place before the offer it would've saved time - we honestly didn't expect to find somewhere we liked so much so quickly, so things sort of spiralled very quickly at the start.

All very helpful to know though - I think I will cut him a little slack having had the responses I have today. I'd rather he was thorough and we had to wait an extra month than he missed something and we had to pay/live with it.

It just frustrates me in this day and age not getting an almost immediate response to fairly straightforward requests, and not having regular updates. I'm happy to accept that I am just an impatient person though!

tonyb299

A lot of solicitors don't help themselves... To some the concept of keeping their client updated once a week is totally alien but in many cases prevents them getting progress requests meaning pulling of files and delayed answers to irritate their clients even further

Thrugelmir

Bazshawkins wrote: »

I'm not talking about the survey, I'm asking him about a condition on the mortgage valuation, and I'm asking him for his professional opinion on this.

I thought that you had received a mortgage offer. Was it for the amount you applied for. Or was there a retention until remedial works had been undertaken.

geoffky

You would of loved our 6 and 1/2 months time scale..A cash one.

caeler

15 December is a Saturday. I'm also looking to complete around the same time, ideally on Friday 14 December. My offer was accepted on 18 October, conveyencers appointed 27 October with all the paperwork returned on the next day. My mortgage offer came through on 6 November the same day draft contracts were received. Searches went off yesterday. I hope to exchange by the end of November. I'm doing a PX with a developer so this should be fairly straight forward............

I'm getting frustrated as whenever I call up I get somebody reading through my file and I don't get to speak to the actual person. I sent an email a week ago about how to transfer funds ready for exchange and I've still not had a response. Grrrr. Testing my patience.

Bazshawkins

Thrugelmir wrote: »

I thought that you had received a mortgage offer. Was it for the amount you applied for. Or was there a retention until remedial works had been undertaken.

Well this is what I wanted clarifying - yes, we received a mortgage offer, as you'll see I stated in my original post. It arrived together with the mortgage valuation.

The exact wording as follows:

11. Repairs recommended as a condition of mortgage - This information is for our guidance in assessing the mortgage advance. It will be used in making a lending decision.

Instruct a qualified electrician to inspect the electrical installation and carry out recommended works

Now to me, something is either a recommendation or a condition - not both.

rs82uk

we are currently at 13 weeks since we accepted offer, in a completely chain free sale.
Two very slow incompetant solicitors

Bazshawkins

I heard back from the solicitor today (unsurprisingly just after 5pm). The lender has clarified that no money will be retained on the basis of the recommendation, so we're going to press ahead without an electrician checking things out.

caeler

I got some bits to sign today, mortgage deed. That's all. Slow Slow Slow. I wish it would all speed up.

amjustagirl

I accepted an offer on my property on Oct 23rd and we are close to exchanging contracts and completing. This is a FTB chain free. As the vendor i've been on the estate agents and solicitors case weekly if not more, completed paperwork within 2 days. They way i look at it everyday that goes back it's costing me money in mortgage payments as i no longer live there!