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The NEW waiting to exchange thread...

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Comments

  • naomibm
    naomibm Posts: 90 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    PS Sorry that was soooo long. Promise future posts will be short 😬
    no problem at all! its sooooo stressful isnt it?! i keep telling myself 'first world problems naomi!'...but i think its not being able to control anything ourselves and not knowing what is going to happen!
  • birdmadgirl8
    birdmadgirl8 Posts: 374 Forumite
    100 Posts Name Dropper Photogenic
    Thank you! Yes, the lack of control is a killer. Just want to get in and do it for them. I try to check myself too (much bigger problems out there, as you say), but it really gets inside your head. 
  • mistrihelen
    mistrihelen Posts: 189 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Our exchange is now 'definitely' happening on Monday for completion the following Monday. Wish definite was definite...
  • birdmadgirl8
    birdmadgirl8 Posts: 374 Forumite
    100 Posts Name Dropper Photogenic
    Our exchange is now 'definitely' happening on Monday for completion the following Monday. Wish definite was definite...
    Exciting news, but that's a long weekend for you. Trying to imagine what that might feel like. I have tried talking dates (after request from removal team for midweek completion), but it was met with tumbleweed from rest of chain. I hope this definite IS a definite for you!
  • Insomniac101
    Insomniac101 Posts: 112 Forumite
    100 Posts Name Dropper
    PS Sorry that was soooo long. Promise future posts will be short 😬
    I feel your pain and could write something similar, but was thinking of leaving it till we completed, so people here could stop hearing me complain 🤣

    We started selling Jan 2020, 2 buyers fell through and 1 purchase fell through, covid related.  Now since Nov have a sale and purchase on the go.  We were all set for exchange 12th March. The buyers solicitor and lender asked a question two days before exchange to the freeholder, now one month later we are still waiting for freeholder response! 

    The freeholder was on leave, for a whole month!!! 

    I’m close to banging my head on the wall! 


  • I feel like during this FTB period, weeks will go by with very little movement, then everything will happen on one day!

    We are FTB at one end of a small chain, with only three parts. We are ready to exchange, but struggling to agree a completion date. The person at the other end of the chain is demanding a date that is too soon for us - for the sole reason that our mortgage lender requires more notice to release the funds. We’ve proposed completing a week later than their suggested date and they’re, apparently, really unhappy and not agreeing to this. They’ve been pushing all the way along - they had previously said they wanted to complete by today, but we couldn’t meet this as the survey for our purchase threw up some issues that we needed to investigate further. 

    My partner and family are all convinced there is no way this seller will pull out at this stage, even if we can’t meet their desired completion date, but I’m not so confident. I don’t know why in my mind I’m giving them the power as the “boss of the chain” but I’m stressing that as we’ve already missed one deadline they’ll be more likely to walk away if we can’t meet this one. Anyone got any experience, though I know it’s all anecdotal, that might put my mind at rest?!
  • I saw @Wren14 post earlier saying that a buyer had requested an electrical check and that they would not be paying for it. I know it got sorted but just to say that the buyer may not have any knowledge of it.

    After sending an email threatening a complaint - different story - my conveyancer sent me all the enquiries. They included:

    Are your clients willing to have an up to date electrical test carried out?
    Are your clients willing to have the central heating system serviced?

    Neither of which I asked for and if they refused it wouldn't stop anything. As it happens, we live round the corner from the house we are buying and there was a heating engineer's van on the drive so I think they must have agreed. 

  • flyingv
    flyingv Posts: 94 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    edited 9 April 2021 at 10:40PM
    Congrats to all those who have made it over the line this week, and hello to those of us still in the going crazy corner!

    Just when I actually thought I might be getting out of here this month, the EA called yesterday to say that 12 weeks in my buyer (a relocation firm who wanted a 12 week turnaround - pffft!) has now decided that they do need a homebuyer's report, survey and electrical inspection done after all.  Oh joy!  On the up side, electrical inspection is a week today and the homebuyer's on 22nd April so not long to wait, but still.  I was properly miffed when I got off the phone.  Isn't this process just the BEST!!!!

    Hope everyone manages to have a good weekend :)

  • PS Sorry that was soooo long. Promise future posts will be short 😬
    I feel your pain and could write something similar, but was thinking of leaving it till we completed, so people here could stop hearing me complain 🤣

    The freeholder was on leave, for a whole month!!! 

    I’m close to banging my head on the wall!


    Ha! Complain away - it feels good 😆I've been following your journey and can't believe you're still going through this though. You deserve an oversized sledgehamner to destroy that wall!
  • Anyone got any experience, though I know it’s all anecdotal, that might put my mind at rest?
    I'm not sure how far back you've read on this forum, but there are lots of stories where one part of the chain started making threats about pulling out if dates not met. In nearly all cases they didn't pull out. I reckon some people just try to take control of this crazy process and get carried away. If you were our FTB I'd want to reassure you, but it's hard to get that message past solicitors and agents (not that it sounds like your Sellers are trying). Not much solid advice to give, but sending positive vibes!
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