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The NEW waiting to exchange thread...
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So sorry to hear you are going through this uncertainty @MayMark. It is the worst thing, the not knowing.I went through a similar thing with exchange and I think it was at least 6 or 7 days, with several different reasons (including solicitors not being able to get hold of each other) but eventually the EA got to the bottom of it and it was the bottom of the chain funding issue.
So if it is something like indemnity hopefully it will be sorted soon. It’s so frustrating just hearing a different story every day and demoralising when there’s no progress.Then just when I’d given up hope it happened late one afternoon after about 6 attempts.Hoping for better news for you soon. Don’t lose hope it sounds like you are close and that does sound like a genuine reason so hope it will be tomorrow for you!1 -
MayMark said: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!1
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ss2020jd said: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.
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!
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@Deleted_User thank you for the moral support! I’ll let you know if all the crossing has worked! 🤞1
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ss2020jd said:So sorry to hear you are going through this uncertainty @MayMark. It is the worst thing, the not knowing.I went through a similar thing with exchange and I think it was at least 6 or 7 days, with several different reasons (including solicitors not being able to get hold of each other) but eventually the EA got to the bottom of it and it was the bottom of the chain funding issue.
So if it is something like indemnity hopefully it will be sorted soon. It’s so frustrating just hearing a different story every day and demoralising when there’s no progress.Then just when I’d given up hope it happened late one afternoon after about 6 attempts.Hoping for better news for you soon. Don’t lose hope it sounds like you are close and that does sound like a genuine reason so hope it will be tomorrow for you!1 -
Thrugelmir said:MayMark said: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!0
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Our purchase is now officially ready to go so 🤞🏻🤞🏻🤞🏻 The sale hurries up!!6
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I feel like nobody cares about me as the seller, not even my own EA. I had to jump through hoops for my first buyer and feel like I am doing it again for my second. It's become an enormous financial strain having to suddenly pay £700 to fix one thing, and £800 to fix another, and I just don't have the money. We only have enquiries left to go but I just feel broken.
Please tell me it'll be worth it.1 -
MayMark said:Thrugelmir said:MayMark said: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!
We've asked for clarification, because if there is a specific reason this can't work for them we really need to know! Even though we're not directly connected to the rest of the chain, what happens at one point impacts everyone and the lack of clarity is very frustrating.
I hope you get some sort of answer, @MayMark, that will put your mind at ease. Good luck!10th June - DIP submitted
11th June - DIP referred to underwriter
12th June - Viewed house, offer made and accepted
14th June - DIP accepted and full application submitted
16th June - Valuation booked for 18th
18th June - Valuation completed - received text and email confirming the report had been received by Nationwide for review.
22nd June - Hard search (Transunion)
24th June - Second hard search (Equifax)
1st July - Extra documents requested and uploaded by Broker
9th July - Proof of Deposit requested and uploaded by Broker
12 July - Searches applied for
19th July - Problem with Proof of Deposit upload - reuploaded by Broker with narrative
19th July - Survey carried out
20th July - Offer issued - checked and confirmed by Broker
21st July - Contract checks complete
22nd July - Additional enquiries sent
23rd July - Survey report returned
27th July - Documents reviewed and okayed with solicitor
4th August - Searches back
31st August - Final enquiries back
8th September - Contracts signed
15th September - Deposit money transferred
28th September - Exchange
30th September - Proposed Completion0 -
goodwithsaving said:I feel like nobody cares about me as the seller, not even my own EA. I had to jump through hoops for my first buyer and feel like I am doing it again for my second. It's become an enormous financial strain having to suddenly pay £700 to fix one thing, and £800 to fix another, and I just don't have the money. We only have enquiries left to go but I just feel broken.
Please tell me it'll be worth it.10th June - DIP submitted
11th June - DIP referred to underwriter
12th June - Viewed house, offer made and accepted
14th June - DIP accepted and full application submitted
16th June - Valuation booked for 18th
18th June - Valuation completed - received text and email confirming the report had been received by Nationwide for review.
22nd June - Hard search (Transunion)
24th June - Second hard search (Equifax)
1st July - Extra documents requested and uploaded by Broker
9th July - Proof of Deposit requested and uploaded by Broker
12 July - Searches applied for
19th July - Problem with Proof of Deposit upload - reuploaded by Broker with narrative
19th July - Survey carried out
20th July - Offer issued - checked and confirmed by Broker
21st July - Contract checks complete
22nd July - Additional enquiries sent
23rd July - Survey report returned
27th July - Documents reviewed and okayed with solicitor
4th August - Searches back
31st August - Final enquiries back
8th September - Contracts signed
15th September - Deposit money transferred
28th September - Exchange
30th September - Proposed Completion1
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