The NEW waiting to exchange thread...

Octothorpe

cheeky-peach said:

Hi everyone, our situation is Buyer (Renting) > Us > Vendor > Vacant Property.

Searches have been sough for us and our buyer I believe. I'm really curious (and the control freak in me is screaming) to know what's going on with the 'vendor > vacant property' side of things. Are they making progress? Are there any holds ups? Searches for the area both us and our vendor are buying in are taking approx 4 weeks so I'm keen to know if the searches for the vacant property have also been requested yet. Is this something we can find out or is it just waiting for info?

I'd definitely be chasing this up. Otherwise like me today, you may find yourself in the position where the vendor hasn't even ordered them 8 weeks in!!

lzzwzz

Ghafari said:

Hi all - been very useful following up your advice here. 

My searches were requested 1st of June and although I chased the council and they confirmed they have done their bit on the searches on the 15th of June my solicitor says the results weren’t complete and they still await the search provider to give the full local searches due on 25th of June. 

Because of searches delay and my solicitor being super busy with other “prioritised workload” they only sent partial enquiries to sellers yesterday and e are yet to hear back. 

Today I got this message from my solicitor: 

“I have not received replies to enquiries from your Seller’s Solicitors and Local Search due back 25th June 2021.

 

Today is the last day to submit COTs to draw down Mortgage funds for this month.  Given above outstanding, completion will need to take place in July.”

Does that mean there’s no hope at all for me to complete before the stamp duty deadline end of June? 

Any advice would be greatly appreciated 

And good luck to all 

I've been told that it's not possible to complete before the deadline after today. Not sure how much leeway there is in drawdown dates though.

BountyBlink

Octothorpe said:

cheeky-peach said:

Hi everyone, our situation is Buyer (Renting) > Us > Vendor > Vacant Property.

Searches have been sough for us and our buyer I believe. I'm really curious (and the control freak in me is screaming) to know what's going on with the 'vendor > vacant property' side of things. Are they making progress? Are there any holds ups? Searches for the area both us and our vendor are buying in are taking approx 4 weeks so I'm keen to know if the searches for the vacant property have also been requested yet. Is this something we can find out or is it just waiting for info?

I'd definitely be chasing this up. Otherwise like me today, you may find yourself in the position where the vendor hasn't even ordered them 8 weeks in!!

You can email your local authority council land charges dept and ask for your vendors purchase search status too. No data protection issues just email the address of that property and they will email back (though you do have to know the property address 😉) 

baileykxo

Is it acceptable to contact the vendors solicitors to see if outstanding enquiries have been sent back? Having a nightmare on my side. 

BountyBlink

lzzwzz said:

Ghafari said:

Hi all - been very useful following up your advice here. 

My searches were requested 1st of June and although I chased the council and they confirmed they have done their bit on the searches on the 15th of June my solicitor says the results weren’t complete and they still await the search provider to give the full local searches due on 25th of June. 

Because of searches delay and my solicitor being super busy with other “prioritised workload” they only sent partial enquiries to sellers yesterday and e are yet to hear back. 

Today I got this message from my solicitor: 

“I have not received replies to enquiries from your Seller’s Solicitors and Local Search due back 25th June 2021.

 

Today is the last day to submit COTs to draw down Mortgage funds for this month.  Given above outstanding, completion will need to take place in July.”

Does that mean there’s no hope at all for me to complete before the stamp duty deadline end of June? 

Any advice would be greatly appreciated 

And good luck to all 

I've been told that it's not possible to complete before the deadline after today. Not sure how much leeway there is in drawdown dates though.

You can order funds and drawdown without exchanging. You will need to pay the chaps cost to your solicitors and back if you don’t complete on the date you give on the COT 

I instructed my solicitor to order funds before exchange. You would need to confirm with your vendor the completion date though, but it is possible 

Irishpearce26

Ghafari said:

Hi all - been very useful following up your advice here. 

My searches were requested 1st of June and although I chased the council and they confirmed they have done their bit on the searches on the 15th of June my solicitor says the results weren’t complete and they still await the search provider to give the full local searches due on 25th of June. 

Because of searches delay and my solicitor being super busy with other “prioritised workload” they only sent partial enquiries to sellers yesterday and e are yet to hear back. 

Today I got this message from my solicitor: 

“I have not received replies to enquiries from your Seller’s Solicitors and Local Search due back 25th June 2021.

 

Today is the last day to submit COTs to draw down Mortgage funds for this month.  Given above outstanding, completion will need to take place in July.”

Does that mean there’s no hope at all for me to complete before the stamp duty deadline end of June? 

Any advice would be greatly appreciated 

And good luck to all 

Even in normal non SDLT holiday times at this stage with enquiries not complete you are about 2-3 weeks away from completing. If the solicitor has that today is the last day to draw down your mortgage funds then no you wont make the 30th June deadline.

BountyBlink

GioSan said:

Just got an email from my solicitor and........

WE'VE EXCHANGED ...completing Monday!

...what an eventful 18 weeks....can't believe that I don't have to check my gmail for hours everyday! Can do some real work

Amazing news making it to the “other side” enjoy the time you have now and not chasing/checking emails!!! CONGRATULATIONS 🥳🔑🍾💙

NotHydra

NotHydra said:

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.

No updates
No Contracts
Lender not received COT update

Irishpearce26

Tiddleshalifax said:

Sounds like we are all getting mad!! 😂

our solicitor emailed to say our buyers solicitor hasn’t returned the info - our buyer has spoken to his advisor (he’s a ftb using a mortgage advisor) and they’re saying he’s not returned info to them so they’re sorting thag with him! Our buyer is lovely as are the people we are buying from but it’s frustrating! 

Wow that’s a while cookie! Where abouts are you?
when I look on our LA site they quote 72 hours! But our solicitor says they’re taking max 3 weeks 

Remember that LA searches are only 1 of the 3 that get carried out. You have environmental and water/drainage. These searches take longer than the LA information.

laura_lau

baileykxo said:

Is it acceptable to contact the vendors solicitors to see if outstanding enquiries have been sent back? Having a nightmare on my side. 

I don't know but I was considering doing the same, as it sounds not even the EA is giving me straight answers anymore! Hopefully someone knowledgeable will answer you!