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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After 6 weeks of hold up, mainly from our buyer asking stupid questions! Honestly they were so stupid up until the hour before exchange, we have exchanged!! 14months of stress! but of course there will be completion day stress also!! bring on 7 days!4
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So my GF's Estate Agent tried to speak to the buyer's mortgage broker today, and but there was no-one there today who spoke English so they will call back. Her buyer is Chinese, but today we found out that the solicitor is Chinese and so is the broker. No problem with that - the buyer is obviously more comfortable doing it this way which is fair enough - but it certainly explains why there have been so many issues communication wise.0
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Insomniac101 said:After 6 weeks of hold up, mainly from our buyer asking stupid questions! Honestly they were so stupid up until the hour before exchange, we have exchanged!! 14months of stress! but of course there will be completion day stress also!! bring on 7 days!1
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Insomniac101 said:After 6 weeks of hold up, mainly from our buyer asking stupid questions! Honestly they were so stupid up until the hour before exchange, we have exchanged!! 14months of stress! but of course there will be completion day stress also!! bring on 7 days!
go & get those keys!!!
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mat1964 said:So my GF's Estate Agent tried to speak to the buyer's mortgage broker today, and but there was no-one there today who spoke English so they will call back. Her buyer is Chinese, but today we found out that the solicitor is Chinese and so is the broker. No problem with that - the buyer is obviously more comfortable doing it this way which is fair enough - but it certainly explains why there have been so many issues communication wise.0
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k8withan8 said:Hello everyone, FTB here new to MSE. We had our offer accepted on 15/03 and today have been asked to send our mortgage deposit to our solicitors. How long after sending your deposit do you typically exchange contracts? Thanks0
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BountyBlink said:Insomniac101 said:After 6 weeks of hold up, mainly from our buyer asking stupid questions! Honestly they were so stupid up until the hour before exchange, we have exchanged!! 14months of stress! but of course there will be completion day stress also!! bring on 7 days!
go & get those keys!!!
I’ll list the last minute stupid questions next week after completion, just in case any of the parties are in this forum, as they will recognise themselves otherwise 🤣0 -
Ahhh is all I can say.My solicitor told me again yesterday that they were just waiting on these last two queries and the other solicitor still hasn’t responded. Once they have these we can move to exchange.
I asked the EA to chase this up yesterday due to this going on for so long. He called me back to tell me that the sellers solicitor has sorted those enquiries but have just received a fresh set of enquiries from my solicitor off the back of my searches.Apparently sellers solicitor will look at these next week and raise what they need to with seller. Expected date for seller to receive information about any enquiries to answer is wc 17th May.I’m now just confused as two solicitors are saying two very different things so I don’t know who is lying.I absolutely despair. Looks like I’m probably just going to have to sit and wait now for a fortnight. I really thought we’d be in at some point in May. Looking more like June now.0 -
BountyBlink said:mat1964 said:.
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