The NEW waiting to exchange thread...

CLJ2986

enthusedenthusiast said:

Been lurking here for a few months, but first time posting.
FTB, put offer on a house late January, applied for mortgage early February with Barclays. We have been waiting for our mortgage offer since then. 2 weeks ago we received a letter from Barclays that said our mortgage application had been 'closed' with no indication as to why, or if that meant declined or accepted. Well we spoke to our mortgage advisor on the same day and apparently it was an IT error on the mortgage lenders side and he is having someone chase them every day for an update, yet here we are 2 weeks later with nothing. It's getting a bit much at this point like it's never going to happen.

Same thing happened to me with a different lender, application was closed and valuation fee was refunded without any warning. They had closed due to inactivity apparently. We had to reapply and it took another month but we got the offer in the end! Hope you get sorted soon. 

ZSC

ZSC said:

ZSC said:

So we are due to complete on Friday 🎉 our solicitor has said she will contact me for authority to exchange today .... but havnt heard from her yet. Is it normal to do that at any point in the day?

Well just given the authority to exchange... eek!! I just hope our solicitor can get in touch with theirs ... I have a feeling that won’t be an easy process 🙄🙄🙄

So we won’t be exchanging today, our sellers solicitor was still waiting on his signed contract but didn’t let him know till yesterday?! So it has been sent first class and signed for this morning... fingers crossed we can try again on Thursday... why is it never straight forward 😂🤷🏼‍♀️

hippocrates1

sw7 said:

hippocrates1 said:

I have spoken to six people at Barclays and nobody can close my HTB ISA. Do I even want to buy a house anymore?

I saw you were having trouble in a previous post? What answer are they giving?

We managed to redeem two LISAs and were surprised how different the process was across two banks. The 'good' bank was very slow and difficult to deal with, and the smaller, more amateur bank did a much better job.

I have sorted it thank god. Basically they decided I didn’t have the authority to send that much money in one transaction. It was only £6k 😂😂. Unfortunately I was the !!!!!! who said I’m making a complaint and then it was sorted. 

Justonemorecupoftea

Done all I can to get updates from our buyers today - left messages for my solicitor and estate agent and even emailed the land charges department to see if they can confirm if any searches have been requested for my house.

I just want to know what type of progress they have made! We've been so on it communicating with our vendor, replying to all emails straight away with quick confirmations etc. 

Saddlerstu

No more news on my move today either, all but the top of the chain are in agreement on the 18th (we're all obvs not that fussed on the football lol!), with the estate agents saying they will keep applying the pressure. Hopefully be good news tomorrow

BountyBlink

Josephgousto said:

WE HAVE JUST EXCHANGED!!!!!!!!!! WOOOO we are beyond happy

Get you!!!!! Congratulations!!!! So happy for you!!! 

trance_abbey

WoooHooo my searches are back! Now I'm just waiting on the report from the structural engineer and I've then done absolutely everything that I can from my side. Sadly, my solicitor (who is awesome) emailed me on Saturday to let me know that the sellers haven't sent ANY of the paperwork that they need except for the bill of sale... so I've tried chasing them up.

If they don't get on with it I'm seriously considering asking them to pay half my stamp duty fees because it's not my fault I'm not going to make the deadline.

Tiamatriax

Tiamatriax said:

Tiamatriax said:

Hello!

I've been following this thread for a while as a first time buyer! We are far in the buying process now and wanted to share our timeline and experience:
20/03/21 - offer submitted
22/03/21 - offer accepted
23/03/21 - solicitors instructed
26/03/21 - mortgage offer recieved
09/04/21 - survey completed on our property
22/04/21 - all contract papers recieved and other relevant documents
29/04/21 - enquires sent
05/05/21 - searches recieved
12/05/21 - all contracts and relevant paperwork signed and recieved by our solicitors
28/05/21 - we discover we need to sign and pay for a pet license to keep our budgies (we need this as its a leasehold apartment)
03/06/21 - pet license signed and recieved by our solicitors
04/06/21 - Only 1 more enquiry outstanding!! An updated NHBC certificate
04/06/21 - Request for our deposit, all legal fees and additional evidence requested
05/06/21 - Additional evidence sent and recieved by our solicitors
07/06/21 - Our deposit and legal fees paid

We are first time buyers and the sellers are buying a property with no chain. Hoping we can exchange and complete before July!
Just hoping this outstanding enquiry doesn't take too much longer 🙏

Our last enquiry has been answered today!!
Now agreeing a completion date - hopefully for the end of June!

We got our completion date today! 25th June - so excited!!!

Louise.H

Firsttime2021 said:

Yet another update

been at my parents....mum phoned their solicitors while I was there, their solicitors have been emailing the wrong person!!!! Instead of clicking reply to our solicitors they’ve been @ someone else. Dear god I could cry with frustration. Only 3 enquiries which are easy to send back over we could have exchanged and completed last month. 

Losing the will to live 

OMG, hopefully things will move a lot quicker now then. Makes you not very trustful about them doing important legal work. 

Got our survey back after prompting again, no shocks so now we do enquiries which solicitor insists we have to do?? Then exchange arranged I hope. More packing today and using up freezer food. 

Kazzam1984

Still waiting to exchange , hoping for this week. Panicking i won't find a removals company with available dates.  I have emailed 3 to see what there availability is fir June and they are fully booked.  And I cant book without a completion date eek.