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The NEW waiting to exchange thread...

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Comments

  • laura_lau
    laura_lau Posts: 682 Forumite
    Seventh Anniversary 500 Posts Photogenic Name Dropper
    edited 21 June 2021 at 5:16PM
    Today's update: basically no update. Reached out to solicitor, and she said she chased the seller's solicitor half hour ago but hasn't heard from them since last week. So, I reach out to the agent, usually very responsive, as he's the one who told me they were expecting to receive that insurance document from the property management today, and then we would finally be able to exchange, and surprise surprise! Agent is off the entire week! I've already forwarded the thread to another agent, and am going to follow up with a call first thing tomorrow morning. 
    Debt free journey started 30/08/2023:

    CC1 - 5,151.92 now 5,335.15
    CC3 - 4,166.15 now 5,345.28
    CC4 - 4,625.87 (balance transfer from CC2) now 5,717.24
    Current outstanding: 16,397.67
    Debt free by Jul 2027.

    Challenges:
    NSD Apr 2025 - 7/20
    NST Apr 2025 - 
    #31 1p savings 2025 £32.40/£667.95
    2025 Fashion on the ration - Coupons remaining 43.5/66
  • ss2020jd
    ss2020jd Posts: 652 Forumite
    500 Posts Third Anniversary Name Dropper
    edited 21 June 2021 at 5:22PM
    laura_lau said:
    We did it! Oh the relief. So thankful. Thank you everyone for holding my hand! 💙🍾🔑🏡🥂





    YES!!!!!!!!!!!!! I'm so happy to read this!!!! Definitely go and get some bubbles!!!! 🍾🥂
    Well done Bounty and congratulations! Giving us all hope. Enjoy the bubbles and being able to breathe again! 
  • ss2020jd
    ss2020jd Posts: 652 Forumite
    500 Posts Third Anniversary Name Dropper
    edited 21 June 2021 at 5:40PM
    Update here: Apparently the solicitors couldn’t get hold of each other today so it hasn’t happened! It’s a new reason every day. Earlier it was on the brink of happening and phone calls were about to be made. I don’t know what to think anymore. Trying not to get too upset at the moment but the rollercoaster emotions are hard to deal with! I realise they must be under so much pressure so I haven’t chased but the EA has been brilliant on our behalf. 
  • jenni_fer
    jenni_fer Posts: 529 Forumite
    Part of the Furniture 500 Posts Name Dropper
    @BountyBlink congratulations! So pleased it's finally happened!

    @ss2020jd fingers crossed for tomorrow.

    Today's update here...
    After 3+ weeks of radio silence, heard from our sellers via EA and they 'have a family issue' and would like us to give them another week or so while they work out if they are able to proceed.
    No idea where that leaves us with out chain, guessing we'll lose our buyers and have started searching rightmove again but there isn't much about and DD has to self isolate due to a case at school so we can't feasibly go and view anything else anyway.

    It should have been so simple!
  • Well done @BountyBlink!!! You've given us all hope:))

    @trance_abbey I grew up in East London and love the area you mention. Wapping is actually my favorite part of London, so quiet and you can literally feel and soak up the history as you walk around.

    My buyer came back with another requested change to an agreed retention (this is the fourth I think?) but apparently is now ready to Exchange tomorrow. So much stress!!!
  • Rincewindcl
    Rincewindcl Posts: 78 Forumite
    10 Posts First Anniversary Name Dropper Photogenic
    We did it! Oh the relief. So thankful. Thank you everyone for holding my hand! 💙🍾🔑🏡🥂






    Congratulations!
  • ss2020jd
    ss2020jd Posts: 652 Forumite
    500 Posts Third Anniversary Name Dropper

    Today's update here...
    After 3+ weeks of radio silence, heard from our sellers via EA and they 'have a family issue' and would like us to give them another week or so while they work out if they are able to proceed.
    No idea where that leaves us with out chain, guessing we'll lose our buyers and have started searching rightmove again but there isn't much about and DD has to self isolate due to a case at school so we can't feasibly go and view anything else anyway.

    It should have been so simple!
    Oh no so sorry to hear that - that is a blow. I really hope it doesn’t come to that. I will be keeping all crossed for you too. 
  • JS21
    JS21 Posts: 48 Forumite
    Third Anniversary 10 Posts Name Dropper
    We did it! Oh the relief. So thankful. Thank you everyone for holding my hand! 💙🍾🔑🏡🥂





    Congratulations @BountyBlink - so happy for you!
  • hippocrates1
    hippocrates1 Posts: 354 Forumite
    100 Posts Second Anniversary Name Dropper
    Asked my solicitor when we would be exchanging to get a generic response saying we think you should exchange on the day of completion in case you miss the stamp duty holiday and want to pull out. I will never owe any stamp duty regardless. Idiots.
    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 23/06/21
  • Navikate
    Navikate Posts: 8 Forumite
    Second Anniversary Name Dropper First Post
    My first post on here since the beginning of our journey.

    We should have been exchanging/completing on our first house tomorrow, but a cheque we have been given for the fees won’t be cleared in time (bloody monzos stupid cheque system). We were hoping for the end of this week, but now the sellers say they can’t on Thursday or Friday, only on 28th or 29th. We have to hand our notice on our rental in before the first, which only leaves around 2 days leeway, so naturally we’re bricking it.

    Our solicitor doesn’t respond to my emails, and only really updates us just before something big happens/needs doing. My husband emailed her for the first time today asking what is happening with a date. She emailed back saying they’re waiting for the deposit, which she has not once asked for. I have since spoken to her on the phone and she never mentioned the deposit. We have the deposit but we are waiting for her fees, which she knows. 

    Can any of you lovely lot tell me if there is anything that can go wrong with exchange/completion? 
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