We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Exchange today or sale off :/
InhaleMood
Posts: 308 Forumite
Hi all,
I am going crazy sat here, not able to do anything.
My purchase has been dragging on, 14 weeks tomorrow, partly due to issues the vendor had to sort out, and because of those the property was down-valued so I had to get a new mortgage offer.
It has been frustrating but I have been doing everything I can to move things along.
It looks like we are possibly able to exchange today, however, my solicitor's latest update was:
"We have just called the seller's solicitors and they have said they are waiting for confirmation on their related transaction that the date is agreeable. We can then exchange".
I asked if this was to do with another property and she said yes.
However, the vendor and I have been in good contact over text, keeping each other updated. I let him know that was what we were waiting for and his solicitors said that they emailed and called my solicitor at 11.30am this morning and haven't heard anything back.
He is now saying that if the exchange doesn't happen today he is going to pull out.
I have called my solicitor and the partner who oversees her work, and left voicemails, as well as emailing. But nothing!
No idea what this means, or what the hold up is.
I couldn't bear to lose this house
I am going crazy sat here, not able to do anything.
My purchase has been dragging on, 14 weeks tomorrow, partly due to issues the vendor had to sort out, and because of those the property was down-valued so I had to get a new mortgage offer.
It has been frustrating but I have been doing everything I can to move things along.
It looks like we are possibly able to exchange today, however, my solicitor's latest update was:
"We have just called the seller's solicitors and they have said they are waiting for confirmation on their related transaction that the date is agreeable. We can then exchange".
I asked if this was to do with another property and she said yes.
However, the vendor and I have been in good contact over text, keeping each other updated. I let him know that was what we were waiting for and his solicitors said that they emailed and called my solicitor at 11.30am this morning and haven't heard anything back.
He is now saying that if the exchange doesn't happen today he is going to pull out.
I have called my solicitor and the partner who oversees her work, and left voicemails, as well as emailing. But nothing!
No idea what this means, or what the hold up is.
I couldn't bear to lose this house
0
Comments
-
Sounds like a hollow threat to put pressure on. 14 weeks is not slow, that is quite normal.0
-
Fingers crossed when somebody does call you back its because you have exchanged.0
-
Phew all done. What a panic!!!
I am just sorting out the buildings insurance. Is there anything else I need to do straight away?0 -
tanyasharma wrote: »Phew all done. What a panic!!!
I am just sorting out the buildings insurance. Is there anything else I need to do straight away?
Congratulations. Glad it's sorted for you now!0 -
tanyasharma wrote: »Phew all done. What a panic!!!
I am just sorting out the buildings insurance. Is there anything else I need to do straight away?
Congratulations.
It is stressful, I was at the 'they can shove their house up their jacksie ' stage the exchange day of mine. Once you get the completion date the insurance will just do it automatically (or mine did). I can't think of anything else.....oh except book movers if you are using them...I ended up with 32hrs to move or wait 6 weeks.Yep...still at it, working out how to retire early.:D....... Going to have to rethink that scenario as have been screwed over by the company. A work in progress.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.7K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.6K Spending & Discounts
- 245.7K Work, Benefits & Business
- 601.7K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards