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The NEW waiting to exchange thread...

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Comments

  • I spoke to my conveyancer this morning. All enquires are back and we are happy with them. They have amended the mistakes on the documents and emailed new copies for us to print and sign. And best of all, the sellers have asked us to suggest a completion date as their purchase is ready to go.

    Apparently our lender (NatWest) wants a week between exchange and completion. To allow some contingency I'm thinking of suggesting 29th April. 

    This is all getting exciting now!
  • Sam2030
    Sam2030 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    I spoke to my conveyancer this morning. All enquires are back and we are happy with them. They have amended the mistakes on the documents and emailed new copies for us to print and sign. And best of all, the sellers have asked us to suggest a completion date as their purchase is ready to go.

    Apparently our lender (NatWest) wants a week between exchange and completion. To allow some contingency I'm thinking of suggesting 29th April. 

    This is all getting exciting now!
    I am hoping you are the top of my chain as I suggested the 30th to our estate agent as number 5 in our chain is a teacher and needs a Friday. Good news for you 😁
  • Sam2030
    Sam2030 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    Natbag said:
    @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.

    Yes we have been ready to go for over a month and our buyer it's just number 6 now. We have suggest the 39th of April as number 5 has said it has to be a Friday I think it's achievable but solicitors are slow ours was quick and our buyers but don't know about the top of the chain. And I just worry about our buyers when the original date went they said they would give it a month I hope you get some news x
  • Sam2030
    Sam2030 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    Sam2030 said:
    Natbag said:
    @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.

    Yes we have been ready to go for over a month and our buyer it's just number 6 now. We have suggest the 39th of April as number 5 has said it has to be a Friday I think it's achievable but solicitors are slow ours was quick and our buyers but don't know about the top of the chain. And I just worry about our buyers when the original date went they said they would give it a month I hope you get some news x
    The 29th typo lol 😁 
  • If we are exchanging and completing on the 23rd is there any major detriment to sending the solicitors our money today? 
    I would rather just get it over with and out of my account so I can relax 
    It’s not like I’m missing out on a great deal of interest for the next week & I know if anything were to go sideways i would get the money back as we haven’t exchanged...
  • Natbag
    Natbag Posts: 1,563 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Sam2030 said:
    Sam2030 said:
    Natbag said:
    @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.

    Yes we have been ready to go for over a month and our buyer it's just number 6 now. We have suggest the 39th of April as number 5 has said it has to be a Friday I think it's achievable but solicitors are slow ours was quick and our buyers but don't know about the top of the chain. And I just worry about our buyers when the original date went they said they would give it a month I hope you get some news x
    The 29th typo lol 😁 
    Think 39th April is about right for me - aka zero chance! I need to complete by 29th April, but I think all hope is lost now.
    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
  • Sam2030
    Sam2030 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    Caz_Mnaz said:
    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..... 😂
    You might be in my chain we are at the bottom and our agent has been chasing the top 2 of the chain every few days your not in the east Yorkshire region by any chance that's all I know really good luck x
  • Sam2030
    Sam2030 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    Caz_Mnaz said:
    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..... 😂
    You might be in my chain we are at the bottom and our agent has been chasing the top 2 of the chain every few days your not in the east Yorkshire region by any chance that's all I know really good luck x
  • Sam2030
    Sam2030 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    Natbag said:
    Sam2030 said:
    Sam2030 said:
    Natbag said:
    @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.

    Yes we have been ready to go for over a month and our buyer it's just number 6 now. We have suggest the 39th of April as number 5 has said it has to be a Friday I think it's achievable but solicitors are slow ours was quick and our buyers but don't know about the top of the chain. And I just worry about our buyers when the original date went they said they would give it a month I hope you get some news x
    The 29th typo lol 😁 
    Think 39th April is about right for me - aka zero chance! I need to complete by 29th April, but I think all hope is lost now.
    Lol yes the 39th might as well be on a soilitors calendar 
  • Caz_Mnaz
    Caz_Mnaz Posts: 304 Forumite
    100 Posts First Anniversary Name Dropper
    Sam2030 said:
    Caz_Mnaz said:
    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..... 😂
    You might be in my chain we are at the bottom and our agent has been chasing the top 2 of the chain every few days your not in the east Yorkshire region by any chance that's all I know really good luck x
    Haha I am in Yorkshire but its the bottom of the chain we've been chasing! My sale and purchase has been ready since Christmas 😬 the new bottom of the chain (below my sale) is where the hold up has been
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