The NEW waiting to exchange thread...

Boredfatman

Well it’s the middle of the week and still no word from the top of the chain regarding their outstanding enquiries. I just want to get exchanged but don’t know who to chase now and how often to do so!!! 

kkcoco

You know what @Annabee you make a very good point and I am probably the kinder of the two parties!

He was saying ridiculous things like, well you know I would expect you to give us some leeway given we have never served you notice in almost 9 years. Erm, you mean a tenancy? They were more than happy to keep taking the money every month.

He asked me if I would consider moving into my parents and put my stuff in storage. Asked if he would be paying for this. Surprise Surprise. No he would not.

Anyway, I will stop derailing this thread now, but hopefully my cautionary tale will help anyone in rented wondering if they should be the better person and to give the landlord the heads up - please don't.

kkcoco

Congrats @AFF8879 - Sounds Lovely!

goodwithsaving

My second buyer has booked two viewings - one to measure up, and another to view with their parents. My previous buyer pulled out after 9 weeks (not SDLT related) and I'm not* just extremely stressed out and anxious about it. As a FTB I know it's a big move. I think I just wanted to share how anxious I feel and that I just pray buyer #2 doesn't pull out. When initial offers came in, I wish I had accepted this buyers offer because as an individual, I just really liked them.
It's a horrible and stressful process 

Edit: now*

Tiddleshalifax

goodwithsaving said:

My second buyer has booked two viewings - one to measure up, and another to view with their parents. My previous buyer pulled out after 9 weeks (not SDLT related) and I'm not just extremely stressed out and anxious about it. As a FTB I know it's a big move. I think I just wanted to share how anxious I feel and that I just pray buyer #2 doesn't pull out. When initial offers came in, I wish I had accepted this buyers offer because as an individual, I just really liked them.
It's a horrible and stressful process 

I know what you mean. It’s an awful process but I’ll keep everything crossed for you.

we’ve had good news that one search is back - is it 3 they request does anyone know? LA environment and drainage? 

greensalad

kkcoco said:

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!

Yeah I'm definitely thinking we'll keep quiet until exchange. We have 2 months notice, which means that we'll likely have more than a month's overlap (I believe 2-3 weeks between exchange and completion is quite common? I guess we do have a say in it too along with the rest of the chain). But yes we are keeping quiet. Even after 5 years here I'm not expecting an easy transition. 

Princessa_2

We’re hopefully exchanging contracts on Friday with a completion date set for the end of the month. Here’s hoping!

AFF8879

goodwithsaving said:

My second buyer has booked two viewings - one to measure up, and another to view with their parents. My previous buyer pulled out after 9 weeks (not SDLT related) and I'm not* just extremely stressed out and anxious about it. As a FTB I know it's a big move. I think I just wanted to share how anxious I feel and that I just pray buyer #2 doesn't pull out. When initial offers came in, I wish I had accepted this buyers offer because as an individual, I just really liked them.
It's a horrible and stressful process 

Edit: now*

I had a similar experience, my flat first went on the market in May 2020 and only just exchanged contracts!! I took a break between the first buyer and the second one though as like you said, the process is too stressful and I needed to catch my breath and just not think about it for a while.

I also had my second buyer ask for another viewing with her parents- I would advise being there if possible, of course step outside to let them view in private but be there to answer any questions once they are done. That will help you gauge the feeling immediately… e.g. my second buyer and her parents were asking very practical questions such as where is the water stop !!!!!!, gas meter etc and writing that down, so I knew she was keen. Hope it works out for you soon!

EDIT: I can’t believe they blanked out water stop co/ck!! ☺️

goodwithsaving

AFF8879 said:

goodwithsaving said:

My second buyer has booked two viewings - one to measure up, and another to view with their parents. My previous buyer pulled out after 9 weeks (not SDLT related) and I'm not* just extremely stressed out and anxious about it. As a FTB I know it's a big move. I think I just wanted to share how anxious I feel and that I just pray buyer #2 doesn't pull out. When initial offers came in, I wish I had accepted this buyers offer because as an individual, I just really liked them.
It's a horrible and stressful process 

Edit: now*

I had a similar experience, my flat first went on the market in May 2020 and only just exchanged contracts!! I took a break between the first buyer and the second one though as like you said, the process is too stressful and I needed to catch my breath and just not think about it for a while.

I also had my second buyer ask for another viewing with her parents- I would advise being there if possible, of course step outside to let them view in private but be there to answer any questions once they are done. That will help you gauge the feeling immediately… e.g. my second buyer and her parents were asking very practical questions such as where is the water stop !!!!!!, gas meter etc and writing that down, so I knew she was keen. Hope it works out for you soon!

Thank you. The nature of the move means I need to move asap. The agent has suggested I go out (he knows how stressed this is all making me). At least if the weather is pleasant I can have the big windows open etc. and the house does look nice when it is very bright outside because of the decor.
I'm just worrying. I have a lot of life upheaval on at the moment and I can't bear the idea (nor can I financially take it) of it all falling apart again

stressedout45

If we are at the stage where,  in the whole chain:  all mortgage offers in place, all searches back, all enquiries satisfied… does this mean we are getting close to exchange?