The NEW waiting to exchange thread...

BountyBlink

AnnexeRegular said:

BountyBlink said:

AnnexeRegular said:

I don't know whether to laugh or cry at this. My solicitor raised a load of enquiries at the start of May which the vendors solicitor still hasn't answered to a satisfactory level, despite repeated chasing from the EA and my solicitor. Today they emailed my solicitor giving us a weeks notice that if we haven't completed before June 29th the vendor will pull out! Given the vendors solicitor STILL hasn't even answered the enquiries, this is baffling. I am ready to complete here! I suspect the vendors solicitor is not telling the vendor the entire story as they have repeatedly told fibs to the EA about having answered enquiries when they have sent nothing to my solicitor.

This date has never been mentioned before, and i'm a FTB, below the stamp duty threshold, buying an empty flat with no chain (that has been mentioned).

I'm so fed up right now.

Oh I would be totally fed up too. What is the overview if the enquires waiting back to be answered by them? You don’t have to go into detail... 

The outstanding enquiries relate to a section 20 notice for works to the building, costings, estimates etc, and some enquiries that are still with the management company. Everything is with the vendors solicitor, so it's baffling as to why the vendor suddenly wants to pull out in a weeks time if we haven't completed. I've left a message with the EA to call me so I can rant 

Oh bless you. Well, major works could be a headache, but im assuming your solicitor wants an answer because il sure they will
advise you to request a retainer. They need to answer these... they can’t throw toys out of the pram without giving you full disclosure. Unbelievable! You stay strong. 

BountyBlink

NatNat77 said:

We exchanged today, against all odds! Still can't quite believe it! We complete on Tuesday. 

I wanted to join this thread properly months ago but I never felt like we were near enough or that it would ever happen, as it's been such a long and very stressful process that started last September. We had a completely new start in March after our first purchase fell through and our buyer pulled out. Our second chain then collapsed at the top in April and was only complete again on 15 May. The new vendors at the top are very elderly but have somehow turned the paperwork around while being so blase about whole thing and agreeable to everything, despite there not being the financial incentive for them that there was for the other 3 parties in the chain!

I also lost my beloved dad very suddenly in February, and started a new job in March, so this year has been so overwhelming and at times I've felt I'm going to collapse under the pressure. The relief I feel today is immense. 

So I'm sorry this has been a bit long and there's so much more I haven't said but I just wanted to let you know that there is always hope, and I wish you all the very best of luck. This board has been a lifeline for me xx

Firstly, I am so very sorry you lost lovely dad. I did too not so long ago. Take care of yourself. 

Congratulations!!!!!! 🔑🔑🔑🍾🍾🍾 you deserve some fantastic news for a very bad year, come and join me in our new gardens for a much deserved cold drink! 

BountyBlink

MayMark said:

BountyBlink said:

MayMark said:

Hi All, just wondering once your solicitor receives your mortgage offer, how long it takes to get your mortgage deed to sign, that seems to be what’s holding us up at the moment we have not been sent it, we’ve returned our “gift form” but not had the mortgage deed to sign, it’s been a week. Many thanks 

It is normally sent out when your solicitor “Reports”’to you, ie sends contract, all searches, letter detailing search results and answers to enquiries, mortgage deed, plan title. 

That’s if you are using a good local solicitor. Online solicitors can be a bit sporadic as they seem to rely on portal updates and turn individual things around 

so if your searches are not back I would say you will not sign your mortgage deed until searches, enquiries are all done and you get the full report and contract etc 

Fab thank you for this info! Our searches are done but we haven’t yet received them so I’m wondering if she’s going to send all this as one like you said so I shall chase solicitor tomorrow for it all plus mortgage deed, I think she’s taking longer because she’s focusing on people completing before end of June but I want ours sorted ASAP too we are paying enough 😂

Just send a one line email to your solicitor (always found the one line emails get replied to the Quickest- something like... 

dear 

Please can you confirm when you will Report to me inc Contract/Mortage Deed & Search/Enq results. 

Thanks 

Thrugelmir

AnnexeRegular said:

I don't know whether to laugh or cry at this. My solicitor raised a load of enquiries at the start of May which the vendors solicitor still hasn't answered to a satisfactory level, despite repeated chasing from the EA and my solicitor. Today they emailed my solicitor giving us a weeks notice that if we haven't completed before June 29th the vendor will pull out! Given the vendors solicitor STILL hasn't even answered the enquiries, this is baffling. I am ready to complete here! I suspect the vendors solicitor is not telling the vendor the entire story as they have repeatedly told fibs to the EA about having answered enquiries when they have sent nothing to my solicitor.

This date has never been mentioned before, and i'm a FTB, below the stamp duty threshold, buying an empty flat with no chain (that has been mentioned).

I'm so fed up right now.

The vendors are ultimately responsible for the responses to the enquiries not the vendors solicitor.  

BountyBlink

Caz_Mnaz said:

NatNat77 said:

We exchanged today, against all odds! Still can't quite believe it! We complete on Tuesday. 

I wanted to join this thread properly months ago but I never felt like we were near enough or that it would ever happen, as it's been such a long and very stressful process that started last September. We had a completely new start in March after our first purchase fell through and our buyer pulled out. Our second chain then collapsed at the top in April and was only complete again on 15 May. The new vendors at the top are very elderly but have somehow turned the paperwork around while being so blase about whole thing and agreeable to everything, despite there not being the financial incentive for them that there was for the other 3 parties in the chain!

I also lost my beloved dad very suddenly in February, and started a new job in March, so this year has been so overwhelming and at times I've felt I'm going to collapse under the pressure. The relief I feel today is immense. 

So I'm sorry this has been a bit long and there's so much more I haven't said but I just wanted to let you know that there is always hope, and I wish you all the very best of luck. This board has been a lifeline for me xx

So relieved for you. I lost my wonderful dad suddenly in May.... We were moving to be closer to family (went on the market in August !) and it all felt terribly cruel especially as our chain collapsed at exchange in Jan and I should have been 'home'. I don't think people understand the emotional and physical toll this process can take unless they've been through it recently. This forum is wonderful for support full of people who fully understand how others are feeling. Enjoy the feeling of elation and your new home when you get the keys x

Awwww... I always smile when I see you, Laura Natbag name handles pop up! Do you remember Cuddlebearman? I wondered earlier how he was getting on 🤣 honestly this past year has been so stressful but made all the better for the “exchange forum thread” as I refer to you all when chatting to my husband lol 

TBG01

MayMark said:

BountyBlink said:

MayMark said:

Hi All, just wondering once your solicitor receives your mortgage offer, how long it takes to get your mortgage deed to sign, that seems to be what’s holding us up at the moment we have not been sent it, we’ve returned our “gift form” but not had the mortgage deed to sign, it’s been a week. Many thanks 

It is normally sent out when your solicitor “Reports”’to you, ie sends contract, all searches, letter detailing search results and answers to enquiries, mortgage deed, plan title. 

That’s if you are using a good local solicitor. Online solicitors can be a bit sporadic as they seem to rely on portal updates and turn individual things around 

so if your searches are not back I would say you will not sign your mortgage deed until searches, enquiries are all done and you get the full report and contract etc 

Fab thank you for this info! Our searches are done but we haven’t yet received them so I’m wondering if she’s going to send all this as one like you said so I shall chase solicitor tomorrow for it all plus mortgage deed, I think she’s taking longer because she’s focusing on people completing before end of June but I want ours sorted ASAP too we are paying enough 😂

So you know she's busy but you're still going to chase her for something that will eventually come to you when it's ready. Why?

BountyBlink

TBG01 said:

MayMark said:

BountyBlink said:

MayMark said:

Hi All, just wondering once your solicitor receives your mortgage offer, how long it takes to get your mortgage deed to sign, that seems to be what’s holding us up at the moment we have not been sent it, we’ve returned our “gift form” but not had the mortgage deed to sign, it’s been a week. Many thanks 

It is normally sent out when your solicitor “Reports”’to you, ie sends contract, all searches, letter detailing search results and answers to enquiries, mortgage deed, plan title. 

That’s if you are using a good local solicitor. Online solicitors can be a bit sporadic as they seem to rely on portal updates and turn individual things around 

so if your searches are not back I would say you will not sign your mortgage deed until searches, enquiries are all done and you get the full report and contract etc 

Fab thank you for this info! Our searches are done but we haven’t yet received them so I’m wondering if she’s going to send all this as one like you said so I shall chase solicitor tomorrow for it all plus mortgage deed, I think she’s taking longer because she’s focusing on people completing before end of June but I want ours sorted ASAP too we are paying enough 😂

So you know she's busy but you're still going to chase her for something that will eventually come to you when it's ready. Why?

That’s not chasing, its asking a perfectly reasonable question to when details on his transaction will be given. He’s not demanding it  now, he’s asking for a rough timescale to expect. 

NotHydra

BountyBlink said:

NotHydra said:

BountyBlink said:

@NotHydra oh no... did you get it resolved?? 

Broker forwarded email from lender because lender could not get a hold of conveyancer

I then emailed conveyancer + head of conveyancing.

No one got a response

Your solicitors have let you down so badly 😢

They have done us dirty! But we will see. Hubby refuses to pack anything until we have signed contract, I've kinda given up chasing, too tired to fight now.

Sacher50

Week 8 since our offer was accepted (FTB, no chain). Last week I said it felt like we were standing still, now it feels like we're stuck in the mud. Our full survey came back and identified that the building conversion performed by the developer didn't fully match the plans approved by the council when they gave listed buildings consent. All the issues are internal (bathroom and kitchen were flipped and an en-suite has been added) so I'm not how much the council would actually care, but I'm pretty certain they haven't approved the changes.

After researching, I was briefly optimistic that we could get indemnity insurance but our solicitor says that may not be possible because the conversion was done less than a year ago. So now we're going to have to wait until our solicitor has fully investigated everything and possibly wait an extra 13+ weeks for the council to review a retrospective application for the changes. And I really don't know if that's something I can face or when to pull the plug if I can't.

Plus neither timer has starting running yet because the vendor's solicitor still hasn't sent the contract pack through!

Only bad vibes at the moment.

8 weeks gone, aiming to be in before week 16 (lol).

laura_lau

BountyBlink said:

laura_lau said:

So many people expecting to exchange today, this is amazing! Fingers crossed it happens smoothly for everybody!
Don't really know if it's an update, but I've called the agent and they said the documents from property management, according to the seller's solicitor, have arrived, so it's just a matter of lender confirming they will be releasing funds in 5 days and, of course, of the solicitors doing their bit in time. She said her colleague emailed both solicitors today as they were kind of expecting to exchange today. Not holding my breath, as I haven't heard anything from my solicitor, but let's call it a glimmer of hope!

Been thinking about you all day hoping for some good news from you... what’s the current  update? 

Awww thank you! Sadly no update from solicitor and no update from the agent after I spoke with them earlier today. Tomorrow is a new day, I suppose 😒