The NEW waiting to exchange thread...

Reddington85

Thanks @purplebutterfly
21 working days it looks like - so a while to go yet

baileykxo

@Reddington85 I would email the council for the area you are moving too directly. As I did this and it went from 30 to 10-15 days 

ang87

Hi, I have been reading this thread for a while and happy to see people finally exchanging, why does everything seem so crazy and dragged out in the world with Covid?  Decided to post our timeline, although we aren't far down ours yet so might possibly be a bit early.
23/04 House listed on the market
10/05 Offer accepted on our property
10/05 Offered on onward property but goes to best & final
13/05 Best & final offer submitted & accepted 
14/05 Solicitor instructed
17/05 all paperwork for our sale completed
20/05 Mortgage application appointment
25/05 Mortgage application submitted
28/05 Paid for Home buyers survey.
We are a very small chain with FTB buying our house, and us buying a house that will be empty as of this weekend.  Everyone in the chain is happy to go as quickly as possible and our solicitor seems to be on top of everything (she did our first house purchase and was great for fingers crossed). Searches in our local area don't appear to be taking too long and solicitor is happy to run these along our mortgage application so hopefully this speeds everything up too.  Hoping for a quick process

flyingv

laurey0301 said:

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.

I'm selling a leasehold and tomorrow will be 20 weeks since I accepted the offer.  The management pack came back relatively quickly but the enquiries are interminable, mainly because my freeholder is the Local Authority and they never do anything with any sort of urgency.

Hope your purchases are both quicker than my sale is currently taking!

naomibm

Natbag said:

Awwwwww! Thank you so much everyone, so many lovely comments that made me smile and laugh. I am shattered from packing all day, but will come back and respond to everyone individually after the bank holiday promise! 

So glad to see some exchanges and completions, and other progress going on. I’ll keep a check before moving day, and hopefully see more good news for you all.

@naomibm - really hope you are next, keeping my fingers crossed for you. Was hoping you’d be the same day. Not long now. 

@ohdarn - I’m so sorry to hear that, I hope you do find somewhere else very soon. Or that it doesn’t fall through after all. 

Thank you again lovely people in my phone 😘 x

FINALLY exchanged today! After an incompetent estate agent telling us in the am that 2 more properties had been added to the chain(wrongly). It took us chasing all day, with limited network and WiFi while on holiday in Pembrokeshire....we are done with it all. I was thinking I would feel immense relief but I'm just so so broken by it all...hopefully it will sink in tomorrow. So over 5 months later...we've exchanged! Back from holiday on Sunday, moving on Tuesday! Eeekkk!

naomibm

@harsxx
We 100% wouldnt have exchanged without constant chasing...and that's with a good solcitor. We ended up being a complete nag to both our buyer and seller or it would have taken months more.

HungryTruck

Due to exchange and complete today! Just did a sneaky drive by the new house on my way to work and was comforted by the sight of their removal van. Could it actually be happening?!

firsttimesellerldn

Just heard from my solicitor that we’re going to exchange today for completion next Friday. So happy! Now to find somewhere to live while we wait for our house purchase to go through.. 

Completely agree about chasing. We’d definitely not have got to this point without significant effort on my part. It’s not like I wasn’t patient - it’s taken very nearly a year from putting it on the market to completion. 

Good luck to everyone else waiting on exchange news today! 

laurey0301

flyingv said:

laurey0301 said:

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.

I'm selling a leasehold and tomorrow will be 20 weeks since I accepted the offer.  The management pack came back relatively quickly but the enquiries are interminable, mainly because my freeholder is the Local Authority and they never do anything with any sort of urgency.

Hope your purchases are both quicker than my sale is currently taking!

Oh wow - are you at any sign of exchanging?! The enquiries are making me go insane. We are waiting for the freeholder to answer one question about the ground rent and that is it! The freeholders number is on the management pack and i am highly tempted to give them a call myself and push my luck... 
We had our offer accepted in February and i thought we'd be in by the end of June latest but god knows anymore. They still have our lifetime ISA's to apply for the money and stuff, so i don't think it'll be anytime soon.
Hope they respond to you soon.

Natbag

Oh lots of good updates on this page!
@naomibm - hurrah! SO pleased for you! Congrats!
@HungryTruck - it seems so! Good luck with the move today, enjoy your new home!
@firsttimesellerldn - good luck for exchange today, great news that you're finally there!

We are almost packed up. I'm still working today and my poor boyfriend is running round doing last minute bits and trying to herd the kids we have between us. My ex is moving out today, and tomorrow it's our turn. We are exhausted already, having spent every day since exchange last Friday sorting, packing and cleaning, but we're so excited too