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Mortgage offer

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Comments

  • 12spider21
    12spider21 Posts: 9 Forumite
    It was the mortgage broker who suggested them. He has used them in the past and has never had any problems with them. He is currently on annual leave hense why I haven't gone through him to find out whats happening.
  • amnblog
    amnblog Posts: 12,771 Forumite
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    12spider21 wrote: »
    It was the mortgage broker who suggested them. He has used them in the past and has never had any problems with them. He is currently on annual leave hense why I haven't gone through him to find out whats happening.
    'Annual leave?' who deals with his clients whilst he is away?
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • 12spider21
    12spider21 Posts: 9 Forumite
    He never said anybody did. He is back on Monday. All he said was to contact the solicitor if anything changes. But we have not had a phone call from the estate agents saying the contracts are ready to sign and so were waiting to see what we are to do now. Thanks for the advice.
  • Yorkie1
    Yorkie1 Posts: 12,285 Forumite
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    You sign the contract paperwork in advance of exchange. As does the seller.

    Your respective solicitors hold the paperwork until exchange is ready, you give the go-ahead, and the completion date is agreed.

    When exchange happens, the solicitors ring each other up, insert the completion date into the contracts, and that's it - you've exchanged and committed to the purchase. (You also need to have provided the solicitor with the 10% deposit, and this gets transferred at exchange too).
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Im finding it very hard with the solicitors as they don't answer my calls and tend to not return my voicemail messages. So feel abit in the dark.

    You were told last week.
    As my solicitor has sent is a letter today saying that they in the process of trying to get a copy of this from the sellers solicitors and that once they recieve this they will report to us next week to arrange our signatures on the documentation in readiness

    Your solicitor will be in contact when the time is right.
  • amnblog
    amnblog Posts: 12,771 Forumite
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    When the time is right for whom?

    Surely the solicitor should keep their client updated regularly.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • 12spider21
    12spider21 Posts: 9 Forumite
    Thanks Amn blog for your help and yorkie1, its just because I'm new to it all as with many people, it being taken out of our hands essentially, and not quite understanding how it all works is hard. That's why i thought there would have been more communication etc just explaining what has been done and how far along everything is, maybe its just me worrying too much throught out it all.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    edited 5 June 2013 at 11:04PM
    amnblog wrote: »
    When the time is right for whom?

    Surely the solicitor should keep their client updated regularly.

    Would customers pay for the time though?

    If there was no actual news.

    What would a solicitor get done in terms of actual work if they answered constant phone calls.

    As far as I am aware there is still 2 days of this week remaining. So the solicitor hasn't defaulted either on what they've said previously.
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