The NEW waiting to exchange thread...

harsxx

Day 2 of trying to exchange.  Hopefully today will be the day I'm hoping.  Good luck to everyone else 🏡

geostar37

Good luck 🤞 
I’m yet to hear if we are attempting again today after failing on Friday. 

I’ve just fired off an email to our estate agents asking them to chase. 

purplebutterfly

Hi all.  I have been following all your stories since I offered on my house 12 weeks ago and I just quickly needed to vent! 

We exchanged last Thursday for completion tomorrow.  No chain, we're FTB moving from rented and our sellers are moving to a vacant retirement lodge.

They used an online EA and we've been round to the house multiple times to drink tea in the garden with them.  They're lovely people but incredibly naive and don't seem to know what is going on.  

Last night, at 9pm, I got a text from them saying they hope to have moved all their stuff by tomorrow night and should they drop the keys off when they've finished!  

I explained that I had planned to come and get the keys as soon as possible after we receive the completion phone call - even though we're not moving furniture in for another few days. 

At 11.30pm last night they posted on a local Facebook page asking if anyone with a van was free to do a house removal     so they haven't even booked one! 

I'm being fairly sanguine about it all because a few hours won't make a difference in the long run but my husband has visions of us helping them load beds into a van at 2am 


Anyway, CONGRATULATIONS to everyone exchanging and completing this week and I am sending positive vibes out to everyone still stuck in conveyancing limbo. 

Cookie211

Hi all, congratulations to everyone who’s exchanged and completed, good luck to everyone trying, I’m so frustrated still waiting on probate to be granted, emailing the EA every 2 weeks but thinking what’s the point as they can’t do anything, rung my solicitor yesterday as I noticed she had our new postcode wrong but luckily the searches were done in the right post code, feels like giving up to be honest, been trying since jan and we almost in aug now 😭😭 sorry I just needed to rant I think or I will cry 😢 

E_D_FTB

@purplebutterfly, oh dear sounds like a nightmare! But like you say, as long as you get the keys!

@Cookie211 that sounds so frustrating, but you'll get there! We had a similar issue with the postcode being wrong on some documents, but it looks like all the information was for the correct house, just got typed up wrong somewhere along the line (still waiting on confirmation of that from our solicitors, though). Doesn't exactly fill you with confidence, though. Fingers crossed it'll all start coming together for you soon!

Cookie211

E_D_FTB said:

@purplebutterfly, oh dear sounds like a nightmare! But like you say, as long as you get the keys!

@Cookie211 that sounds so frustrating, but you'll get there! We had a similar issue with the postcode being wrong on some documents, but it looks like all the information was for the correct house, just got typed up wrong somewhere along the line (still waiting on confirmation of that from our solicitors, though). Doesn't exactly fill you with confidence, though. Fingers crossed it'll all start coming together for you soon!

Thank u, so frustrating, hope yours get sorted soon, our mortgage runs out in sep so I’m really hoping we hear something soon as it’s all getting to much for me now, just wish I could see a light at the end of the tunnel 🤯🤯

climbthatwallseegar

badger09 said:

climbthatwallseegar said:

Feeling despondent this morning. It's only been 3 weeks since our offer on a house was accepted but I'm desperate to get things moving along as I hate the rental we moved into after selling our property last month.

Today my solicitor forwarded me an e-mail from the vendor's solicitor in which they explained they have been instructed not to  issue any documentation, contract pack etc because the vendor is still waiting to hear back on his onward purchase offer. Vendor is moving along with his elderly mother and I just have a feeling of doom and gloom about this. They are moving to very expensive part of the country and seeking a retirement property and my sense is they will need a property that ticks a lot of boxes so could be a while. Sigh. I probably should have carried out more due diligence beforehand but the EA gave the impression they had found somewhere and were ready to move. Also the type of property we needed in the specific area we wanted are selling in a day or less, competition is insane so it really is a sellers market and we had to move fast.

Ah well. I still have 5 months left on the rental lease so we couldn't move right now anyway but just want to feel a sense that things are moving in the right direction!

Sorry to hear that, especially as you've taken the difficult decision to sell & move into rented. That's hard enough without being unhappy there aswell.

It sounds like you might be in for a long wait for your vendors to find somewhere suitable. I think in your situation, I would just park that purchase and instruct your solicitor to do no more work until your vendor has found somewhere. In the meantime, keep looking - properties are coming onto the market in  most areas all the time. Hopefully you'll find one which is less stressful

Thanks @badger09, it is quite stressful. The rental isn’t awful but it’s small and we are surrounded by boxes with half our stuff in storage. Factor in two young DC and it’s not great! 

Will definitely keep an eye out for other properties but it’s slightly awkward because the EA we are currently dealing with on this purchase is one of the best in the area and therefore tends to list the properties we are interested in. I’m not sure how we’d go about arranging a viewing with them when we have had an offer accepted on one of their properties? 

My partner has suggested telling the EA that we are prepared to wait 3 months for the vendor to find somewhere otherwise we will pull out but I think there is zero point in issuing an ultimatum. We are not in a position of strength. The market is insane here, our vendor had 15 viewings on day 1 (we got the final slot of the day after a cancellation) and went to a best and final with 6 other offers after a few days. Ours was not the highest but we emphasised we were proceedable and the EA said they had found their onward purchase so it all seemed straightforward. Sadly not! 

geostar37

Just had the call - 2nd attempt for exchange today. . . 

I am never ever ever doing this again! 

E_D_FTB

geostar37 said:

Just had the call - 2nd attempt for exchange today. . . 

I am never ever ever doing this again! 

Good luck! Got everything crossed for you!

mjane93

Just got a call from our solicitor asking for authority to exchange!!! 

We’re using the same solicitor as our vendor so really hoping it goes through today. 

If so I may have to break my diet and have a glass of wine tonight 🤣