The NEW waiting to exchange thread...

laura_lau

I wrote my solicitor to ask if she got agreement and is set for exchange tomorrow and to confirm I should send over the deposit today, and got an out of office. She’s off. Apparently back tomorrow. I’m so annoyed, when she answered “hopefully we can exchange on the 2nd June” she didn’t mention she would be away. I really doubt we’ll be exchanging tomorrow now.

Natbag

laura_lau said:

I wrote my solicitor to ask if she got agreement and is set for exchange tomorrow and to confirm I should send over the deposit today, and got an out of office. She’s off. Apparently back tomorrow. I’m so annoyed, when she answered “hopefully we can exchange on the 2nd June” she didn’t mention she would be away. I really doubt we’ll be exchanging tomorrow now.

That's exactly how my solicitor has been, it's not only frustrating but really rude too! Hope you can still exchange asap.

Sacher50

Starting week 5 of our purchase process since our offer was accepted. The one thing definitely happening this week is our building survey which is being carried out today. Under things hoped for from this week are: 1) our mortgage offer being approved and 2) confirmation from our solicitor that they've received the contract from the vendor's solicitor.

We're FTB with no chain, so hopefully this should all be straightforward but this is our second attempt at buying something. Our first was also a no chain purchase but it dragged out into a year and a half long worry with no resolution.  My fingers have been perpetually crossed since our offer was accepted that bad luck doesn't strike twice!

firsttimesellerldn

I was hoping to exchange today but my solicitor hasn't replied to my email and has his answerphone on. I am reliably informed he is working today though so you never know.. Feeling incredibly frustrated. Both me and the buyer are desperate to complete by next Friday and I really need to know asap so we can get stuff moved into storage and work out where we're going to live post-sale. This process just feels absurd sometimes. 

laura_lau

firsttimesellerldn said:

I was hoping to exchange today but my solicitor hasn't replied to my email and has his answerphone on. I am reliably informed he is working today though so you never know.. Feeling incredibly frustrated. Both me and the buyer are desperate to complete by next Friday and I really need to know asap so we can get stuff moved into storage and work out where we're going to live post-sale. This process just feels absurd sometimes. 

I agree, the process is totally absurd and the total lack of control is extremely frustrating, especially when you reach the point where everything is sorted and just need your solicitor to do whatever they need to do to make the exchange happen, and they just don’t do it (or maybe they do, and don’t tell you, as I have absolutely no clue of exactly what still needs to be done, all enquiries etc are sorted but who knows what papers the solicitor hasn’t prepared yet?). I also really need to complete by next week, actually I needed to complete by this week, but I gave up on it a good couple of weeks ago. At least your solicitor is working today, mine is off and “forgot” to tell
me, so there’s still hope that something still happens today! I’ll keep my fingers crossed for you!

ZSC

We are also working towards a completion of next Friday ... eek! 

We are just waiting on 3 outstanding enquiries from our sellers solicitor, but our solicitor has to keep chasing them for everything! 

Everything else has been sorted, including deposit money sent over... I’m not counting on anything till the keys are with me! 

GarretC

James-may said:

Im a FTB, got as far as arranging solicitors and mortgage application submitted by broker, hard credit search done, valuation sorted for house I was buying.
Seller pulls out, lovely.😭
So now I'm back to hunting for somewhere from scratch and viewing again .
Really annoyed as couple selling seemed very keen .
My broker says I won't need a second hard search if via sane lender, hope not as I don't want a credit search to stop me getting approved.

Did they explain why they were pulling out? That's so frustrating

Kirkii27

Is anyone in the process of buying leasehold ? I’m just wondering how long it takes roughly as we have agreed a price with the land owner. Our searches have started today on the property we are purchasing but purchasing the freehold at the same time.

firsttimesellerldn

laura_lau said:

firsttimesellerldn said:

I was hoping to exchange today but my solicitor hasn't replied to my email and has his answerphone on. I am reliably informed he is working today though so you never know.. Feeling incredibly frustrated. Both me and the buyer are desperate to complete by next Friday and I really need to know asap so we can get stuff moved into storage and work out where we're going to live post-sale. This process just feels absurd sometimes. 

I agree, the process is totally absurd and the total lack of control is extremely frustrating, especially when you reach the point where everything is sorted and just need your solicitor to do whatever they need to do to make the exchange happen, and they just don’t do it (or maybe they do, and don’t tell you, as I have absolutely no clue of exactly what still needs to be done, all enquiries etc are sorted but who knows what papers the solicitor hasn’t prepared yet?). I also really need to complete by next week, actually I needed to complete by this week, but I gave up on it a good couple of weeks ago. At least your solicitor is working today, mine is off and “forgot” to tell
me, so there’s still hope that something still happens today! I’ll keep my fingers crossed for you!

And for you too - hopefully tomorrow will be the day! 

My solicitor needs to fill in a very short form and then ring someone to get authority to complete before I can exchange. I don't even mind if I have to do the ringing but I don't know if he's done the blimmin form yet. 

I suspect he's overloaded with work rather than it being a problem I don't know about, but it's very stressful whatever the reason. 

laurey0301

Kirkii27 said:

Is anyone in the process of buying leasehold ? I’m just wondering how long it takes roughly as we have agreed a price with the land owner. Our searches have started today on the property we are purchasing but purchasing the freehold at the same time.

I am, the problem with Leasehold is things like the management packs and then enquiries to be raised on those... they take forever We received the management pack on 30/04 and still waiting on enquiries to be answered which were raised just after. Thought we'd be in by now! So timescales are so hard to judge. Roughly, on a good time scale 12-14 weeks.