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The NEW waiting to exchange thread...

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  • C_N_
    C_N_ Posts: 61 Forumite
    Second Anniversary 10 Posts Name Dropper
    @kkcoco
    What an unneeded extra layer of stress that's added to the move on top of everything else. Do you have an up to date tenancy agreement or just the original one from 9 years ago? Are you basically on a rolling contract now or is it a renewing fixed term one? 
  • kkcoco
    kkcoco Posts: 46 Forumite
    10 Posts Name Dropper
    @C_N_ Its a rolling contract. Thankfully my wider family are in property/landlords etc so I'm confident of my rights but I feel sorry for anyone who perhaps isn't, or would succumb or concede to such pressure. Due to Covid, LL have to give a minimum of 4 months notice to tenants on a AST or periodic tenancy.

    My solicitor is a friend and I told her the tale last night and she immediately said he must now be careful with his actions as trying to conduct an illegal eviction is a serious matter as is trying to pressure a tenant to leave without following the proper legal process. 

    It's a real shame and I know for many it will be a rather long story that's not applicable to them, but I've seen so many people trying to work out when they should give notice so they can try and save a bit of money (it is MSE after all!) so wanted to share my bad experience. The saddest thing is he's actually a nice chap, he's just got a problem he's trying to solve and I'm standing in the way of that so he's hoping to illicit the outcome he wants by making things uncomfortable. I'm sure some people have given the heads up to LL ahead of giving formal notice and its all been fine, but I could never ever advise that now.
  • greensalad
    greensalad Posts: 2,530 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    @kkcoco thanks for your post! We're in rented and I'm dreading how to handle all of it. Our tenancy is up in January, but we have a break clause enactable from now so we were planning to use that.

    Do most people wait until exchange before delivering notice?

    We're actually hoping for a 1 month overlap. Paying double is annoying but we want the ability to paint the house and get new carpets fitted and slowly move over, so we're hoping for a nice bit of overlap. But not too much!
  • kkcoco
    kkcoco Posts: 46 Forumite
    10 Posts Name Dropper
    Hi @greensalad glad it was somewhat helpful!

    Most solicitors will advise not giving notice until after exchange as that marks the point where legally the vendors and the buyers have committed to sell/buy and pulling out cannot be done without real difficulties/large financial issues. Technically anything could go wrong before that point.

    I was going for a bit of an overlap anyway, maybe a week or so if possible, but was totally aware that as timelines don't always meet up you sometimes end up with say a 6 week overlap (which obviously is best avoided if at all possible). Thought I was doing the LL a favour and sticking to our almost 9 year 'gentleman's agreement' with giving the heads up albeit not yet formal notice, but as my previous post states I'd advise against this now as it's just been thrown in my face.

    I'd seen lots of previous posts with people wondering if they could risk it so to speak as exchange was so close, but I wouldn't!
  • mjane93
    mjane93 Posts: 55 Forumite
    10 Posts Name Dropper
    I’ve been following this thread for quite some time now and we are now at the dreaded point of waiting endlessly for our exchange and completion date. 

    We are FTB and purchasing a chain free home. Though it would have been a quick purchase but our solicitors have made it a nightmare. 

    Currently we are waiting for our solicitor to review vendors Replies to 5 enquires. They’ve had replies back for over 3 weeks and haven’t even looked. Everything else is ready to go just waiting on that. EA has chased them today as we are all hoping to exchange and complete ASAP. 

    Let’s just say I’ve never checked my email so often before in my life! 
  • cdp2879
    cdp2879 Posts: 18 Forumite
    10 Posts Name Dropper
    mjane93 said:
    I’ve been following this thread for quite some time now and we are now at the dreaded point of waiting endlessly for our exchange and completion date. 

    We are FTB and purchasing a chain free home. Though it would have been a quick purchase but our solicitors have made it a nightmare. 

    Currently we are waiting for our solicitor to review vendors Replies to 5 enquires. They’ve had replies back for over 3 weeks and haven’t even looked. Everything else is ready to go just waiting on that. EA has chased them today as we are all hoping to exchange and complete ASAP. 

    Let’s just say I’ve never checked my email so often before in my life! 
    We're in the exact same situation, except it's our seller's solicitor who has been sitting on the last 5 enquires for 3 weeks!  The seller told the EA that she'd sent over all the requested information ages ago.  I think I check my emails approximately every 30 seconds....
  • Annabee
    Annabee Posts: 653 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    Kkcoco I'd question whether your landlord is really a nice guy as you state. He may have been amiable before when things were going smoothly, but now there is a bit of inconvenience for him and his family he is showing his true colours IMO. Unless he is stupid or never bought a house (impossible obvs), he must understand the position you are in, and that you cannot just move out to suit his schedule. Not unless you go to the inconvenience of putting your things in storage and yourself in an Airbnb or a hotel or something. Do you think that's what he's expecting? Totally unreasonable, but sit tight, since legally (as you know) he can do nothing. 

    Also as a responsible landlord he has the duty to keep himself updated on current landlord and tenant legislation, especially regarding extended notice periods due to the Covid crisis. If he had a less well informed tenant than yourself, one wonders what else he would be getting up to!

    No, not a good man and not particularly bright either. 

    This is why tenants going on to buy should never let landlords and agents know their intentions until exchange. But you know that now, that's what you get for being nice! No good deed goes unpunished, as they say. 

  • rakoczigabi
    rakoczigabi Posts: 50 Forumite
    Sixth Anniversary 10 Posts Name Dropper Combo Breaker
    no no exchange for me :( 

    No one was able to get hold of the solicitor on my purchase side …. All day long. 

    I’ve messaged the seller directly if they are okey and ready. He said yeah. But no one called him. And he tried all day and couldn’t get hold of his solicitor. 

    My solicitor emailed and called them and no answer. 

    Back to the beginning tomorrow. 
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