Property buying/selling timeline - currently into week 21
04/12/20: Both properties listed for sale
11/01/21: Offers
accepted on both sales & on our joint purchase
25/01/21: Identity checks completed, solicitors instructed
27/01/21: Purchase survey & valuation complete, mortgage offer
received
05/02/21: Reduction agreed on partner's sale (under-valuation) & on
purchase. Mortgage offer amended
08/02/21: Buyers pack returned to solicitor - sellers packs already returned
26/02/21:
Partner's sale contract signed
10/03/21: Purchase searches all back
16/03/21: My sale contract signed
28/03/21: Purchase enquiries satisfied, Title
Report & contracts issued, contracts signed & returned
11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
17/05/21: All parties agreed to June 3rd for completion
27/05/21: Exchanged on my sale only
28/05/21: ALL EXCHANGED!
03/06/21: Completion
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The NEW waiting to exchange thread...
Comments
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Update from me!
Obviously yesterday the seller demanded that we exchange today or lose the sale.
Mad rush to send funds, contact solicitor and get building insurance done.
Contacted the solicitor today vy phone to ask if funds had gone through and we have recieved an email back stating that we are 'bordering harassment' by calling and emailing.
We have rang once today and once yesterday.....I cannot believe this is how we are now being treated. I doubt the exchange will happen today and we will probably lose the house.1 -
Punkcandykane said:Update from me!
Obviously yesterday the seller demanded that we exchange today or lose the sale.
Mad rush to send funds, contact solicitor and get building insurance done.
Contacted the solicitor today vy phone to ask if funds had gone through and we have recieved an email back stating that we are 'bordering harassment' by calling and emailing.
We have rang once today and once yesterday.....I cannot believe this is how we are now being treated. I doubt the exchange will happen today and we will probably lose the house.0 -
The seller has been horrible to us from the start. There were some really insulting emails passed around about us, quite personal comments too.
We emailed the estate agent stating we have done all we can on this end and it is now down to the solicitors.
I just hope we exchange today and then complete on April 7th - ill deal with any fornsl complaints about the solicitor after that.
I Don't want any financial gain for the complaint but but just want them to be aware thier conduct is not satisfactory.3 -
Becksina said:Congrats to those completing today!!Update for us came in at 10pm last night to say the parent company have FINALLY reported to our mortgage company. So accord just need to give the green light that funds can be released and then we ca exchange! We still only have next week to do it all, but surely it cannot be much longer.
happy dance!
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@Punkcandykane I really feel for you, when we bought our first house we had a god awful solicitor who also accused us of harassment despite me contacting the perhaps once a week for updates. We had nasty remarks in emails and phone calls and our solicitor threatened to quit our case, I ended up going to the actual Office (years ago so pre covid) and told her she didn’t need to quit, because we were getting her taken off our case. It’s just more stress you really don’t need.I have everything crossed that you don’t lose the house as your seller needs to get a grip!!0
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Punkcandykane said:The seller has been horrible to us from the start. There were some really insulting emails passed around about us, quite personal comments too.0
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Successfully exchanged on Tuesday with a completion date set for the 30th, quite exciting as a FTB!Thanks for everyone posting their success stories to keep me sane.5
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Our last enquiry was finally satisfied, and we just got the call to go collect our buyers pack including the contract, so dashed down there so we can read, sign and return over the weekend. Exciting! No idea where the others in our chain are - I've emailed to ask again, and to ask when we might realistically be looking to exchange, but this question always gets avoided so I'm expecting nothing less this time.Property buying/selling timeline - currently into week 21
04/12/20: Both properties listed for sale
11/01/21: Offers accepted on both sales & on our joint purchase
25/01/21: Identity checks completed, solicitors instructed
27/01/21: Purchase survey & valuation complete, mortgage offer received
05/02/21: Reduction agreed on partner's sale (under-valuation) & on purchase. Mortgage offer amended
08/02/21: Buyers pack returned to solicitor - sellers packs already returned
26/02/21: Partner's sale contract signed
10/03/21: Purchase searches all back
16/03/21: My sale contract signed
28/03/21: Purchase enquiries satisfied, Title Report & contracts issued, contracts signed & returned
11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
17/05/21: All parties agreed to June 3rd for completion
27/05/21: Exchanged on my sale only
28/05/21: ALL EXCHANGED!
03/06/21: Completion1 -
So excited for all of you who are progressing!
And sympathies To those who are running into so many problems and delays. Hopefully things will come through for you guys soon.
We're waiting on our survey (done on Monday) still, we've been told it'll be with us by next Monday at the latest but I've tried to prod them today with an email, would be so much easier if we could have it before the end of the day then we have the weekend to deliberate over the report and work out without a rush if there's anything we need to do before we give the solicitors the go ahead with the searches.
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I’m starting to think I’m in the slowest moving chain free purchase on record.Offer agreed mid Feb, since then its been slow going! My solicitor is still waiting for all of the paperwork from the vendors solicitor as they only sent half of it and haven’t responded to enquiries yet.My searches were ordered 3 weeks ago and at the time the timescale was 8 weeks, I noticed in my area it has now increased to a 13 week wait. If I need to wait another 10 weeks for search results I’ll lose my mind. I’m squashed in with family and the most frustrating thing is the house I’m buying is empty!1
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