The NEW waiting to exchange thread...

ss2020jd

So after countless calls and yet more date changes I just heard that the bottom chain was ready (although have heard that before!) and that it may be about to exchange just at the end of the day but my solicitor was probably on their way home! So have no idea if it’s happened yet but guessing not and that means another day of the same tomorrow! 

Congratulations to everyone that made it to exchange today! 🥳 I hope to eventually join you one day! 

baileykxo

laura_lau said:

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! 

Yeah, I tried their EA before who were semi helpful but then they said my solicitor should be the one chasing etc. However, he isn’t responding to me but, I’m not sure if it would look bad 🤦🏼‍♀️🙃

CLJ2986

Update from EA, file is currently under review. And the waiting continues.... if I want to complete by 9th July and it takes 5-7 days to drawdown funds from my lender, am I right in thinking we need to request this by next Wednesday? 

jenni_fer

Congratulations all that have exchanged today!
Fingers crossed for tomorrow to everyone on the brink.

No news at all for us...our solicitors implied they would phone on Monday following the email from our sellers over the weekend but we've not heard anything from anyone.
Taking this as a good thing in terms of it meaning our buyer hasn't pulled out yet (though I'm sure they have started looking) and decided not to chase the solicitor during this crazy last stamp duty holiday week.
It's all just a wait and see what our sellers do and if it's happening or not! I don't do wait and see very well!!

laura_lau

baileykxo said:

laura_lau said:

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! 

Yeah, I tried their EA before who were semi helpful but then they said my solicitor should be the one chasing etc. However, he isn’t responding to me but, I’m not sure if it would look bad 🤦🏼‍♀️🙃

The EA said the same to me! My solicitor says she's chasing, but I don't know how much she really chases and how really she "chases"... Also she replies to me only every 2-3 days so in the meantime, the weeks are passing! From what I'm gathering the seller's solicitor is even slower, with a response rate of a minimum 1 week apparently. 

ss2020jd

Octothorpe said:

ss2020jd said:

Octothorpe said:

Question for those who may have experienced this...

Our FTB applied for their mortgage with  I think, Barclays and have 10% deposit.

Valuation took place over a month ago - all ok.

However, underwriters asked for an employment reference, or something like that.

Since then it's been THREE WEEKS and still no mortage offer!! We kept being told it'll be all sorted in X days but it never is and still with the underwriters.

EA says everyone is busy with June completions.  But how is that correct for mortgage offers?

He said he chased up FTB broker yesterday and will update me when he hears anything.

Any suggestions? Not sure how long to wait as house we are buying  is the only suitable one we've seen since starting this process back in March, so if for some reason our buyers can't fund it, I need to get my house back on the market asap...

Not exactly the same situation but our buyer’s buyer was still waiting for a mortgage offer on the day we were due to exchange! Their solicitor said it was due to be issued any minute and we were surprised how late in the day this came to light.

I think the fact that everything is overloaded would also trickle down to mortgage applications and offers. There has been a huge lot of pent-up demand and most sectors are struggling to cope with this. 

How close are you to exchange apart from this? We are waiting and have so far agreed to a delayed completion in the hope that we will exchange soon although losing hope for today which was discussed earlier. Do your vendors know about the situation and how long would they be willing to wait? I know I would be more worried if they put their house back on the market if there was any chance that the offer could still come through. 

Wow that sounds crazy!!

EA just messaged to say broker has verbal confirmation all is ok but still waiting on formal offer 😞

Well, we WERE pretty much doing well, or so I thought! Just been told our vendor has only JUST sent off for searches, 8 weeks in!!! 😱😡😤

Oh no, I feel your pain and frustration! That is so annoying. 

How could they leave it so late?! 

I hope the offer comes through soon and the searches don’t take too long. 

baileykxo

laura_lau said:

baileykxo said:

laura_lau said:

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! 

Yeah, I tried their EA before who were semi helpful but then they said my solicitor should be the one chasing etc. However, he isn’t responding to me but, I’m not sure if it would look bad 🤦🏼‍♀️🙃

The EA said the same to me! My solicitor says she's chasing, but I don't know how much she really chases and how really she "chases"... Also she replies to me only every 2-3 days so in the meantime, the weeks are passing! From what I'm gathering the seller's solicitor is even slower, with a response rate of a minimum 1 week apparently. 

It’s a nightmare, I just want straight answers!! 

I had that once but they didn’t tell me if they had or not and what the outcome was. The EA did tell me that the vendor had sent the replies so it would also been their solicitors holding it up. I just can’t seem to get an answer, I’ve asked 6 times and he just replies to everything else’s and ignored specifically that. 

Good luck to you too getting answers! 

laura_lau

baileykxo said:

laura_lau said:

baileykxo said:

laura_lau said:

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! 

Yeah, I tried their EA before who were semi helpful but then they said my solicitor should be the one chasing etc. However, he isn’t responding to me but, I’m not sure if it would look bad 🤦🏼‍♀️🙃

The EA said the same to me! My solicitor says she's chasing, but I don't know how much she really chases and how really she "chases"... Also she replies to me only every 2-3 days so in the meantime, the weeks are passing! From what I'm gathering the seller's solicitor is even slower, with a response rate of a minimum 1 week apparently. 

It’s a nightmare, I just want straight answers!! 

I had that once but they didn’t tell me if they had or not and what the outcome was. The EA did tell me that the vendor had sent the replies so it would also been their solicitors holding it up. I just can’t seem to get an answer, I’ve asked 6 times and he just replies to everything else’s and ignored specifically that. 

Good luck to you too getting answers! 

Thank you! Hopefully we get these answers soon. It's absolutely unacceptable that they can behave like that, I suppose they feel strong in the fact that there's nothing we can do, the only thing we can actively do is pull out of the purchase, but we would be the most damaged party, so again i doubt it really bothers them much! The EA should really care more, though!
Good luck to you too! We have 2 more days this week!!

Tiddleshalifax

Irishpearce26 said:

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.

That will be why they said 3 weeks I guess! 

NotHydra

What contracts do I expect to receive and sign for exchange?