The NEW waiting to exchange thread...

Tiddleshalifax

I’ve just had a lengthy chat with our estate agent. She has a meeting with the md of the solicitors my buyer is using and she will be discussing our case (the meeting was not to discuss specifics but she said she needs to!) 

ive had an email back to say the council have now received the request for the final search and they will have returned tomorrow!! Then hopefully 🤞🏻🤞🏻 They’re going to have to turn around very quickly because we need to complete by 25th august or the top of the chain will be out!! Our sellers mortgage offer expires 5th September too 

Oscarboi76

Tiddleshalifax said:

I’ve just had a lengthy chat with our estate agent. She has a meeting with the md of the solicitors my buyer is using and she will be discussing our case (the meeting was not to discuss specifics but she said she needs to!) 

ive had an email back to say the council have now received the request for the final search and they will have returned tomorrow!! Then hopefully 🤞🏻🤞🏻 They’re going to have to turn around very quickly because we need to complete by 25th august or the top of the chain will be out!! Our sellers mortgage offer expires 5th September too 

I have everything crossed for you.

WorriedKirkels

@Tiddleshalifax - fingers crossed 🤞for you and will keep an eye out for your progress on here x

Tiddleshalifax

Thanks everyone!! I’m hoping for 13th but I’m not holding my breath 🤞🏻🤞🏻

[Deleted User]

ss2020jd said:

@rose_T The limbo is the worst. Sorry to hear what you’ve had to go through but hope it gets sorted soon. I love the idea of magic key dust spreading to all on this thread! 

Congratulations @Louise.H that is brilliant news. Giving me some hope that our second attempt at completion will happen this week. Enjoy the fun part and good luck with the unpacking. 

@ss2020jd any news on yours? You must be going mad! 

TheTruemans

Hi All, 
Hope you’re all good! Haven’t been on here for a while as our progress has pretty much slowed right down! And I mean right down!
Mid June, we we’re told that our solicitors are just waiting for the final local search and for enquiries to be responded to and we would be able to start discussing exchanging… 

Well fast forward to today and apparently we’re still waiting for the last local search and they have advised a date of the 14th August it’ll be back! WHAT? enquiries have finally all being answered, we’ve still not received any mortgage pack or F&F forms. 

Anyone got any advice how I can speed this process up, because waiting another 3 weeks is an absolute joke! Our offer was accepted on the 29th April and us and the vendor are both chain free. 

Any help would be much appreciated!

Oh and to rub salt in, I contacted our local searches department and even they said the local searches were sent back to the search company on the 18th June!

Lord help me! 

neydejean

Today my conveyancer received the final forms needed in my purchase. Hopefully they'll do their job quickly and everything will be in order.

Last week, the guy I'm buying from told his EA (who told me) that he had been issued his mortgage offer and it was on way to his solicitor. Today the EA gave an 'update' which is that (yet again) they're finalising the mortgage and hoping to have it offered this week. So what the heck was she talking about this week? This guy has taken nearly 4 months now to get his mortgage in place and I feel like a fool for waiting... Hopefully he's done pretty much all the conveyancing that he can because I don't want to wait another 6+ weeks waiting for the chain to complete.

Just when I thought everything was coming together

MayMark

We were supposed to exchange last Monday, on the Monday our solicitor couldn’t get hold of our buyers solicitors at all. I contacted our estate agents on Tuesday to chase what was going on, they eventually found out there was an outstanding indemnity policy on our buyers buyers property (we are in a chain of 5) we got told that would be solved by lunchtime on the Tuesday and we could exchange on the Wednesday, Wednesday comes and goes and then on Thursday we get told the issue is still an outstanding indemnity policy and will be sorted by Thursday lunchtime and then Friday comes and goes, Friday evening I get told our buyers buyer had disputed the indemnity policy and that’s what the hold up was and they’ve now agreed to it and we would exchange Monday (today) well today has been and gone and we still haven’t exchanged! That’s 6 days now! What should we do from here? It seems absolutely ridiculous! Do you think there is a a bigger issue going on that we aren’t being told about? I am contacting solicitor and estate agents daily! 

mat1964

the latest nonsense on my GF's sale is the Mortgage solicitors have asked to see a draft buildings insurance policy - and the buyers useless solicitor has emailed the Estate Agent asking if they 'have a contact' who can provide this.  The Agent replied saying nothing to do with them and so we go on.  Of course they could have just got an online quote and policy or phoned an insurance company who would provide it.  

My GF has now given a deadline of Friday 6 August to exchange or she's pulling out.  If it's beyond that date, we would need to use my back up mortgage offer anyway for our purchase and she's reached the end of the road with these people.  

ss2020jd

Deleted_User said:

ss2020jd said:

@rose_T The limbo is the worst. Sorry to hear what you’ve had to go through but hope it gets sorted soon. I love the idea of magic key dust spreading to all on this thread! 

Congratulations @Louise.H that is brilliant news. Giving me some hope that our second attempt at completion will happen this week. Enjoy the fun part and good luck with the unpacking. 

@ss2020jd any news on yours? You must be going mad! 

Thanks @Deleted_User - I have been! I was just coming on to update.

So after radio silence all day and all manner of things going through my mind, finally heard late this evening that the bottom of the chain’s solicitor have confirmed the funds. I am waiting for confirmation from my solicitor as have yet to hear that’s a fact but fingers crossed something will happen tomorrow.

I think there are some other bits going on behind the scenes with solicitors regarding the breach of contract but I just want completion at this point. 

So watch this space and hopefully I can share some positive news tomorrow. 

Well done to everyone who’s made progress today and hang in there everyone else!