The NEW waiting to exchange thread...

ss2020jd

RachP87 said:

Hi all,

I was supposed to exchange Friday last week. After eventually getting hold of the estate agent and finding out that my solicitors had been sitting on the enquiry responses for 2 weeks, I called and they said they were still waiting for enquiries. Explained the estate agent said they had been responded to and miraculously they found them last Wednesday… completion was agreed for Monday 28th, they wanted to exchange Friday and advised because of the short timeframe I would be best to send full deposit not just the 10%. 

They called me Friday and left a voicemail for permission to exchange, so I called back and left a message and then called again later and spoke to a member of the team who said they’d pass my permission on and I’d hear back when I’d exchanged. I didn’t hear anything but didn’t chase as certain solicitors on this forum insist that they are just too busy to chase and will update me when there is something to update.

Got a call Tuesday morning asking for my permission to exchange as they hadn’t heard from me, even though I’d left a voicemail and spoken to someone, so exchange didn’t happen Friday. I haven’t heard anything since, so who knows what’s happening.

But as many on this board insist, I will be told when there’s an update, I guess I just need to wait… it’s not like I need to plan for completion Monday or anything, I’ll just wait until they tell me I’ve completed and then rearrange my life around these busy solicitors because I clearly don’t understand the process and it’s beneath them to explain it  

Oh no this is so frustrating! Mine went on for a week every day hoping to exchange and sort out various issues from the bottom chain but every morning I emailed my solicitor my authority to exchange. It seems like the phone can be missed more so maybe try this way. There’s a great message by @BountyBlink, in case you haven’t seen it, about emailing the authority to exchange. 

I hope it gets sorted soon and finally happens! 

laura_lau

rakoczigabi said:

@laura_lau @Octothorpe , 

thansk for the answers. I didn’t even know there’s a FENSA website , but they have it. It was installed back in 2003. Ahh great 😊 

My late husband wasn’t the most organised person so when he bought this house probably never asked for it . That’s why I couldn’t find it. Or he simply just binned it after the move was done …

Now I just need to figure out where does the water goes haha 

Glad you resolved this! About the water... maybe it's worth to check with you waste provider. Is it collected with the waste water? Maybe they have a plan of the pipes? I'm just guessing here. Did you dig out all of you original plans about the house and house boundaries? My purchase is a flat, so slightly different, but in one of the searches report that came back to me, they were highlighting where the pipes for water provision and waste removal were located, and how the building is connected to the mains down the road. Maybe they'd be happy with something similar?

climbthatwallseegar

Solicitor e-mailed this morning to say everything is in more or less in place to Complete on Monday but she is awaiting one final signed document from my horrendous Freeholder. I was a bit !!!!!! as I had assumed when we Exchanged earlier this week that everything was in order. I'm now a bit worried again! I guess we still have Tuesday and Wednesday if the signature is delayed but this is the first I'm hearing of an outstanding document. I assume the buyer's solicitor would not have agreed to Exchange if she wasn't ok with it being missing up until now.

Rookie seller question:  I pay my mortgage on the 1st of every month. Should I delete my mortgage direct debit once we Complete on (hopefully) Monday? I'm tempted to leave it in just in case there is some kind of administrative delay and non payment on July 1st is recorded as a default. I'm incredibly paranoid about my credit score before I buy our onward purchase (although I already have an approved mortgage for it).

@laura_lau I keep refreshing this page hoping to read you have Exchanged!

Wes121708

We've completed!!! Plus we won £30 on the lottery and got £250 cash back from our lender oh and we saved stamp duty! Happiest Friday ever!
Good luck to everyone else. This forum has been so helpful! 

laura_lau

Wes121708 said:

We've completed!!! Plus we won £30 on the lottery and got £250 cash back from our lender oh and we saved stamp duty! Happiest Friday ever!
Good luck to everyone else. This forum has been so helpful! 

Sounds like your lucky day!!! Congratulations! Enjoy your new home!!!

ChickenSandwichK

Its so hard waiting to hear what's going on is exchange today or Monday or later! I understand today is probably the busiest (or one of) days for solicitors in the whole year and I don't want to pester them... just hate not knowing!!

NotHydra

If the top part of a mortgage deed is not filled out, do we do this or the solicitor:
The borrower and property part?

laura_lau

NotHydra said:

If the top part of a mortgage deed is not filled out, do we do this or the solicitor:
The borrower and property part?

What are you solicitor's instructions? She sent it to me with a big "sign here" post it where i was supposed to sign. She told me not to date it and not to compile anything, apart from my signature, and the details and address and signatures of my witness.

CLJ2986

@laura_lau thanks, it's interesting being back lol so happy you got good news! I emailed my solicitor, she's now out of office until Tuesday 😳

laura_lau

CLJ2986 said:

@laura_lau thanks, it's interesting being back lol so happy you got good news! I emailed my solicitor, she's now out of office until Tuesday 😳

oh nooo I'm so sorry!!! I hate it when they do that without even letting you know! It happened the same to me just after the last May bank holiday!