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The NEW waiting to exchange thread...
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sw7 said:Louise.H said:Sometimes I think this thread is basically waiting to hear from my solicitor.
This is where I am at, is it unreasonable to expect a reply to a really simple question quicker than 2+ days? My mum gets replies from them in hours (same solicitors firm, difference is her purchases are a lot more £).
I understand dealing with things in order and not expecting emails to be read the minute you send them, but printing them out... in this day and age...?0 -
Wes121708 said:We want to try and exchange on or before the 23 of June so we can give our months notice to move out our rental. That way we have until the end of July to get things sorted out at the house and tidy up any loose ends here. If we go past the 23rd we'll have our rental until the end of August which is fine but would be nice not to have to pay the extra rent!
Not sure if we're confident enough to hand our notice in before we actually exchange even if our solicitors give us a date or are we being over cautious?!0 -
laura_lau said:asbear said:laura_lau said:Good morning everyone. Aaaand it's Friday again... Sending good vibes and wishing good luck to everyone who is awaiting news. I know we can do it, as so many good examples in recent days are showing us, so I'm very hopeful! Now, Just had my coffee, I can start pestering the EA agent to see if they have finally been able to get hold of the seller's solicitor!
A day before our exchange, I called my solicitor and suggested 18 June for the completion date and my solicitor sent an email to the seller's solicitor for setting the agreed completion date. However the seller's solicitor didn't respond until the next day. EA checked that out and it turned out that she was off. I anyway transferred the whole money to my solicitor to prevent any delay but didn't get any news. It was not really hopeful. I called the solicitor firm more than 5 times to chase the progress - couldn't talk to my solicitor directly but left my messages to the person on the phone.
In the next morning, my solicitor gave me a call, told me that he hadn't got any response yet but he will contact the firm directly and find someone else to get the deal done with him. We didn't have the completion date until this moment. But got a call about the confirmation of the exchange of contract around 2pm with the completion date I suggested.
My point is that you could still try pushing your solicitor, for setting the completion date and send the required fund as early as possible once the solicitor agrees with it. To me it looks like the exchange could be done really quickly if your solicitor pushes it really hard.
Hope this helps.
So It's ridiculous that after 2 weeks we still have received no reply about dates, and, according to the EA, the vendor doesn't know anything! I'm even starting to think that someone is lying here, and maybe the vendor changed her mind and is trying to secure a higher offer? That would be incredibly stupid, considering my offer was accepted on 22nd January, so it's been almost 6 months, why running away literally days before proposed completion?
In my case, I announced my deadline to "completion before June" last month because of the stamp duty holidays. And pushed my solicitor, EA and seller like crazy. The seller finally gave a very tight deadline through the EA - 5 working days to exchange. It was really scary moment for me but also thankful for them doing so, because I was going to pull of at the end of the month anyway.
If you can wait until the next month and really want the house, probably only choice is waiting. Otherwise putting deadline could be a real game changer, you should really mean it though.
I hope some great things would happen to you today!1 -
Louise.H said:Sometimes I think this thread is basically waiting to hear from my solicitor.
This is where I am at, is it unreasonable to expect a reply to a really simple question quicker than 2+ days? My mum gets replies from them in hours (same solicitors firm, difference is her purchases are a lot more £).1 -
laura_lau said:asbear said:laura_lau said:Good morning everyone. Aaaand it's Friday again... Sending good vibes and wishing good luck to everyone who is awaiting news. I know we can do it, as so many good examples in recent days are showing us, so I'm very hopeful! Now, Just had my coffee, I can start pestering the EA agent to see if they have finally been able to get hold of the seller's solicitor!
A day before our exchange, I called my solicitor and suggested 18 June for the completion date and my solicitor sent an email to the seller's solicitor for setting the agreed completion date. However the seller's solicitor didn't respond until the next day. EA checked that out and it turned out that she was off. I anyway transferred the whole money to my solicitor to prevent any delay but didn't get any news. It was not really hopeful. I called the solicitor firm more than 5 times to chase the progress - couldn't talk to my solicitor directly but left my messages to the person on the phone.
In the next morning, my solicitor gave me a call, told me that he hadn't got any response yet but he will contact the firm directly and find someone else to get the deal done with him. We didn't have the completion date until this moment. But got a call about the confirmation of the exchange of contract around 2pm with the completion date I suggested.
My point is that you could still try pushing your solicitor, for setting the completion date and send the required fund as early as possible once the solicitor agrees with it. To me it looks like the exchange could be done really quickly if your solicitor pushes it really hard.
Hope this helps.
So It's ridiculous that after 2 weeks we still have received no reply about dates, and, according to the EA, the vendor doesn't know anything! I'm even starting to think that someone is lying here, and maybe the vendor changed her mind and is trying to secure a higher offer? That would be incredibly stupid, considering my offer was accepted on 22nd January, so it's been almost 6 months, why running away literally days before proposed completion?
Also, it is worth double checking if they are using a right email address, maybe ask your EA to provide another contact of the firm. From April to May, the seller's solicitor has completely ignored our enquires and it turned out the seller's solicitor quit the job and did not hand it over. Even after they put another case handler, my solicitor didn't get notice and kept sending email to the previous email address which wasted 6 weeks in total. If you didn't, ask your solicitor to call the seller's solicitor's firm and check if the contact is still valid.0 -
I can't believe how much this process sucks! Our sellers put an offer on a onward purchase on the 27th March. They only let their solicitor know they were purchasing 2 weeks ago - and that's only because my solicitor asked how the onward purchase was going to their solicitor and they knew nothing about it as we are ready to exchange! We have been asking for a timeline or an update for 3 weeks now, getting a no response from the sellers solicitor at all and finally they have come back with a very vague answer!
My solicitor has gone back with a lot of sass saying she wants to know exactly where they are with contracts, searches, mortgage offers, surveys, enquiries etc and wants an update on each one and the date they are working towards for exchange. She said this is a matter of urgency and she needs an answer today. I feel like standing up and giving her a round of applause. Our sellers would benefit from stamp duty too and I have no idea why they aren't pushing their solicitor to get it done. I'm so thankful for our solicitor - I think we lucked out with her.0 -
Completion date agreed for 28th June, my solicitor has just asked for authority to exchange - finally getting there !!
I've been trying to buy a flat since December 2019, I can not wait to see the back of this all!!!!
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This week has been a calamity of false truths, mostly from the vendors solicitor, who seem to be spinning a web of lies.
The estate agent chased my vendors solicitor who said they sent over replies to the final 6 enquiries to my solicitor on Tuesday, and again yesterday. My solicitor is still saying they haven't received them, and the vendors solicitor has now contacted my solicitor to say they are waiting on replies from the management company. I wish people would just tell the bloody truth in all of this! At least i'm getting copied into emails now.
I've been ready to go for weeks now.0 -
@sw7 and @CLJ2986 we have two kids, a cat and a three bed house to store so I think we'll definitely wait for exchange. Our agents don't have a clue we're buying yet and dreading when we hand our notice in as our house will probably be full of moving boxes which they'll probably make us move for pictures! We've been really good tenants for 4 years and they've not increased the rent so they might be thankful as they could probably up the rent by a couple of hundred quid a month!
I did say to oh that it seems to be going smoothly but anything could happen before exchange!0 -
Quick question.
I’m buying a vacant property without a chain and I’m in rented. Is there any problem with exchange and completion date day in this circumstance as the day of completion isn’t the end of the world? If it’s on different days how soon after exchange can you complete? My mortgage is through Santander and I’m using a HTB ISA if that changes anything.DIP 09/02/21
Offer on property 17/02/21
Offer accepted 18/02/21
Mortgage application submitted 22/02/21
Desktop valuation 22/02/21
Mortgage offer received 22/02/21
Solicitor instructed 23/02/21
Draft contract received and enquiries sent 02/03/21
searches back 08/03/21
Enquiries back 10/06/21
Exchanged 23/06/210
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