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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Caz_Mnaz said: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..... 😂Caz_Mnaz said: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..... 😂0 -
I’m also joining from West Yorkshire.We are onto our fourth house as three others fell through due to vendor and chain issues. We were told the sellers seller was buying a new build, we are all ready to exchange with completion for the 30th... until last night when we hear about more houses at the top of the chain
WHY do people lie and say they’re buying a new build/moving into rented etc? They never have any intentions of doing so.
0 -
dungabeagle said: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...0 -
My brief timeline
FTB - offer accepted early Feb
A whole month waiting for the simultaneous homebuyers report and valuation
Valuation under offer price and renegotiated down
Finally mortgage offer early April
Now delays in searches and inquiries sent
Feels like such a slow process - no idea when I might feasibly exchange0 -
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..... 😂0 -
claneyuk said:My brief timeline
FTB - offer accepted early Feb
A whole month waiting for the simultaneous homebuyers report and valuation
Valuation under offer price and renegotiated down
Finally mortgage offer early April
Now delays in searches and inquiries sent
Feels like such a slow process - no idea when I might feasibly exchangeProperty 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: Completion0 -
bigkenny1975 said:
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!1 -
Natbag said:claneyuk said:My brief timeline
FTB - offer accepted early Feb
A whole month waiting for the simultaneous homebuyers report and valuation
Valuation under offer price and renegotiated down
Finally mortgage offer early April
Now delays in searches and inquiries sent
Feels like such a slow process - no idea when I might feasibly exchange
I have no chain - so hopefully it doesn't drag - but I'm keeping my expectations low1 -
Wren14 said: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 😢1
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