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The NEW waiting to exchange thread...

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Comments

  • Wren14
    Wren14 Posts: 60 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    Anybody else finding it hard to sleep? I am a terrible sleeper anyway but the stress of the buying and selling process is making it so much worse 😢
  • Wren14
    Wren14 Posts: 60 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    Anybody else finding it hard to sleep? I am a terrible sleeper anyway but the stress of the buying and selling process is making it so much worse 😢
  • Caz_Mnaz
    Caz_Mnaz Posts: 304 Forumite
    100 Posts First Anniversary Name Dropper
    Yep I'm struggling it's like I can't switch off, it's the waiting for a date and some clarity so I can get removals, Internet and all the rest of it in motion! Excitement faded to nothing lol
  • Wren14
    Wren14 Posts: 60 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    This!! Found out yesterday that everything is ready to go on sale and purchase. I just need to sign the Transfer deed and FTB needs to sign their mortgage letter.
    Our purchase is ready too. 
    I should be excited but I just feel stressed! We need to decide a completion date between 3 parties and I would really like to move in the May half term as I will be off work but I can't expect everyone to wait 6 weeks for me! 
  • Caz_Mnaz
    Caz_Mnaz Posts: 304 Forumite
    100 Posts First Anniversary Name Dropper
    We have 7 parties.... Pray for us 😂🙏 I'm not fussy, would rather avoid any school holiday but also want to go ASAP....!
  • Yep!! Lack of sleep is ruining us here. We're hoping to have a resolution in some form to our one outstanding issue. Then we can talk exchange 🙏
  • Sam2030
    Sam2030 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    We are in a chain of three houses all are ready except property 6 they are waiting for the enquiries to be reviewed by the the solicitor since last Friday. I am hoping that they are doing that this week and that we might get an update tomorrow fingers crossed we had an update yesterday still the same as last Friday. We sold originally at the beginning of November end of October first buyer pulled out on the 23rd of December nearly lost the house we are buying got new buyer first week of Jan we then all good we then got the complication date of the 26th of March then we're told about 3 other properties in the chain. Every time a property comes on the market in our local area that looks good value I think our buyer is going to pull out and buy that instead so have had a few sleepless nights. I hope everybody gets some good news, movement before the weekend x
  • hopeitwill
    hopeitwill Posts: 172 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Good morning all, our purchase seems to be coming to an end but the end is taking so long just as the rest of it. We have sent a substantial amount to our solicitor's bank so they can do the exchange but Barclays have flagged the payment as out of the ordinary and telling us to wait until tomorrow if all is ok of course. Does anybody know if we could phone them to make it a bit faster? The wait is killing us!
  • Natbag
    Natbag Posts: 1,563 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    @ZSC - welcome. And wow, your searches were back fast! 
    @amyr - that's so frustrating. Are they not able to exchange and complete while abroad? People do sell properties without stepping foot in the country, it just takes longer.
    @Wren14 - yes, the wait is really getting to me. Combined with working from home, not having enough space and lockdown, there just isn't much else to focus on and it's affecting me too. Sounds like you have some positive progress there though!
    @Sam2030 - same here, 1 outstanding enquiry still on property 6 (of a double chain of 3). Been ready to go for 3 weeks with no progress, so really hoping for some good news tomorrow.
    @hopeitwill that's so annoying, there just seems to be delays at every possible turn doesn't there? Hope it gets sorted. Try calling them and letting them know it's legit? Can't hurt.

    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
  • Caz_Mnaz
    Caz_Mnaz Posts: 304 Forumite
    100 Posts First Anniversary Name Dropper
    Final lot of searches are back, few points to clarify but agent at bottom of chain confident we'll be talking dates next week.

    Dare I dream..... 😂
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