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The NEW waiting to exchange thread...

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Comments

  • ss2020jd
    ss2020jd Posts: 652 Forumite
    500 Posts Third Anniversary Name Dropper
    flyingv said:
    geostar37 said:
    And it’s done! 🥂🥂🥂 
    Exchanged this afternoon, complete 5th August. 
    Better start packing. . . 

    I've exchanged too, completion on 16th August!! 
    Congrats @geostar37 and everyone else who's finally made it today.  A large gin is on the cards for me tonight 🥂🥂 I've also managed to secure a rental today so it's been all go.
    Good luck to those still waiting and feeling the strain and frustration.  You will get there and it will be worth it :)
    Yes congrats @geostar37 and @flyingv 🥳🥂and anyone else who’s had success today enjoy your celebratory tipples.

    I can echo the words above - the strain can be unbearable at times but when you finally get there in the end (even if it takes many twists and turns) it is all worth it. 
     
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    Congrats @geostar37 and @flyingv!!! You're in the home stretch now and then you can enjoy your new home!

    Update on ours - we've raised some concerns over spray foam insulation in the roof. The sellers had committed to removing it when we put in our offer, but our survey raised concerns over rotten wood caused by it that could mean a whole re-roof. Luckily my partner's father is an Architectural Technologist, so we've suggested a solution to inspect the wood before the entire insulation is removed. Now just waiting for the okay from the sellers to access the property.

    Honestly, as long as the roof can wait until next year to fix, it's not a deal-breaker for us, but I don't feel comfortable signing anything until we know what we're getting into. So looks like we're back on hold for a while.
    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 Completion
  • geostar37 said:
    And it’s done! 🥂🥂🥂 
    Exchanged this afternoon, complete 5th August. 
    Better start packing. . . 
    well done !! 

    We have just had a spanner thrown in ours :neutral:
  • tdawber
    tdawber Posts: 116 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    baileykxo said:
    Is it acceptable to call the vendors solicitors yourself? We’ve been waiting for a date for a few weeks and the vendors themselves have confirmed they are ready too. Fed up of waiting just to get a date! 
    They are not at liberty to tell you anything :( 
  • ss2020jd
    ss2020jd Posts: 652 Forumite
    500 Posts Third Anniversary Name Dropper
    We have exchanged contracts!!! 

    I’m so indescribably happy, actually I don’t think it has sunk in properly yet. 
    Please please keep the faith all of you…Its a ridiculous process at times but you will get there.  
    Congratulations to you too @stressedout45 ! 🥂🥳 
    you can breathe a sigh of relief and hopefully sleep better tonight. 

  • geostar37 said:
    And it’s done! 🥂🥂🥂 
    Exchanged this afternoon, complete 5th August. 
    Better start packing. . . 
    well done !! 

    We have just had a spanner thrown in ours :neutral:
    Oh no what’s happened 
  • We have exchanged contracts!!! 

    I’m so indescribably happy, actually I don’t think it has sunk in properly yet. 
    Please please keep the faith all of you…Its a ridiculous process at times but you will get there.  
    well done !!! Get on the gin !
  • Oh no what’s happened 
    The valuation is £17,000 under our offer.

    Now we want the house and we really aren't bothered but the bank has told us to reconsider our offer. So I have contacted the agents today and sent them the report, they have gone back to the bank vendor (repossession) and offered them a more reasonable amount as it is cause the same issues for anyone who goes after it. 

    We want this house so i'm happy if they can get anything off it and if not well we will still agree to buying it, Dont ask dont get in this case.
  • We have exchanged contracts!!! 

    I’m so indescribably happy, actually I don’t think it has sunk in properly yet. 
    Please please keep the faith all of you…Its a ridiculous process at times but you will get there.  
    Woo hoo 😃- fantastic news! x
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