PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The NEW waiting to exchange thread...

Options
1131813191321132313242067

Comments

  • Still waiting for my solicitor to call so we can exchange. This is killing me.
  • We’ve exchanged!! Completion Monday. Hang in there everyone, there is hope xx
    Congrats!
  • Reddington85
    Reddington85 Posts: 122 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    So we've had an update to say we'll be exchanging and completing on the same day which makes me really nervous! 
  • CLJ2986
    CLJ2986 Posts: 461 Forumite
    100 Posts First Anniversary Name Dropper
    Given my authority to exchange 🤞 now hoping my OH manages to call them. Oh and my sol is on leave next week 🤣
  • Oscarboi76
    Oscarboi76 Posts: 36 Forumite
    10 Posts
    I'm new to this but thought I would post... we don't really know the process as we are FTB.. we put offer in on a house on 12th June and our mortgage was approved on the 23rd June.. was really pleased with how quick that was as I had read lots of posts on decisions taking forever... but now have no idea how long this next process will take. the house we are buying isn't in a chain as they have inherited a house they moving into and as we in rented I'm hoping this will be a good thing... are anyone else in a similar stage ?
  • iKarlCPFC
    iKarlCPFC Posts: 36 Forumite
    Ninth Anniversary 10 Posts Combo Breaker
    Our process has been very fast.

    We applied for Mortgage - 13th May
    Mortgage offer on - 25th May
    Area Searches requested on -  2nd June
    Area Searches received on -  25th June
    Proposed exchange is 19th July (hopefully complete on the same day as well)
  • Oscarboi76
    Oscarboi76 Posts: 36 Forumite
    10 Posts
    iKarlCPFC said:
    Our process has been very fast.

    We applied for Mortgage - 13th May
    Mortgage offer on - 25th May
    Area Searches requested on -  2nd June
    Area Searches received on -  25th June
    Proposed exchange is 19th July (hopefully complete on the same day as well)
    wow that's really quick... Are you in a chain ? our searches have been requested so really hoping we could be completed by September at latest
  • mat1964
    mat1964 Posts: 192 Forumite
    Third Anniversary 100 Posts Name Dropper
    Kaysee24 said:

    @mat1964 I would dump that buyer you've been messed around so long by them. I know this has been going on a long time, can't your gf tell the EA she no longer accepts the offer?
    She did tell the EA this - which is when things started up again.  So now we have a draft contract, have responded to the questions raised and are now waiting for the new Mortgage appointed solicitors to do their bit, which they won't start for another week.

    Whole thing has been totally surreal.  This couple were the first viewers back in March, made an offer based on one short viewing, took 3 months to get a mortgage offer, haven't bothered with any sort of survey, just the basic mortgage valuation and have been mostly non contactable.  She lives in quite a popular area, so I am sure it would all have been done and dusted now with different buyers.  Meanwhile, the EA refuses to show anyone else round and a new agent is not going to take it on unless she formally withdraws acceptance of the offer and stops the process  (it may come to that soon).  
  • laura_lau
    laura_lau Posts: 682 Forumite
    Seventh Anniversary 500 Posts Photogenic Name Dropper
    Update from me, probably the last of the week: boyfriend managed to get the papers signed and validated by the solicitor and sent me pictures, which I forwarded to solicitor. Got an out of office from solicitor, saying she’ll be back on Monday and to reach her assistants if urgent. Forwarding the papers to the assistant, hoping she is able to send them to the lender today, in he hope they’ll be happy with them an free to release funds on
    monday so that we can exchange. Nothing more I can do about it now, so I’ll stop worrying and try to relax. Fingers crossed for everyone who is still waiting to exchange today, I’ll be keeping an eye to see if you did it! My next update (hopefully) on Monday. 
    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
  • CLJ2986
    CLJ2986 Posts: 461 Forumite
    100 Posts First Anniversary Name Dropper
    laura_lau said:
    Update from me, probably the last of the week: boyfriend managed to get the papers signed and validated by the solicitor and sent me pictures, which I forwarded to solicitor. Got an out of office from solicitor, saying she’ll be back on Monday and to reach her assistants if urgent. Forwarding the papers to the assistant, hoping she is able to send them to the lender today, in he hope they’ll be happy with them an free to release funds on
    monday so that we can exchange. Nothing more I can do about it now, so I’ll stop worrying and try to relax. Fingers crossed for everyone who is still waiting to exchange today, I’ll be keeping an eye to see if you did it! My next update (hopefully) on Monday. 
    Ah hope you get sorted! We didn't exchange today, oh rang on his break but couldn't get through so we have to call first thing Monday morning to do a video call for him allowing us to exchange. So I'm finally going to try and switch off from all the worrying for this weekend!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.