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The NEW waiting to exchange thread...

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Comments

  • @Gemm83 @E_D_FTB So much juggling to do! We don't have to worry about handing in notice (for which I'm very grateful). We have a big move involved though and our movers need 4 days to complete the process, all of which means we need to book well in advance. The lead time is 4-5 weeks at the moment and they won't take bookings until exchange. This is also making early September look impossible for us. Of course we'll look at other companies, but with pets involved too (and heavy workloads for us) it's tricky to negotiate. I hate that it's so hard to plan ahead with this process!
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    @Gemm83 @E_D_FTB So much juggling to do! We don't have to worry about handing in notice (for which I'm very grateful). We have a big move involved though and our movers need 4 days to complete the process, all of which means we need to book well in advance. The lead time is 4-5 weeks at the moment and they won't take bookings until exchange. This is also making early September look impossible for us. Of course we'll look at other companies, but with pets involved too (and heavy workloads for us) it's tricky to negotiate. I hate that it's so hard to plan ahead with this process!
    Moving with pets is definitely tough! We just have the one cat, but you really need to factor him into timeframes and planning. We're away mid-Sep for work and visiting family, and we don't want to give notice before then because we're worried about the estate agents doing viewings and the cat escaping!

    Agreed on the planning - without any dates to work towards it makes it basically impossible! And communication up and down the chain (at least for us) is painful and just makes everything more complicated than it needs to be. I wish there was some sort of dashboard with an overview of how all parts of the chain are progressing that we could all see, so at least we wouldn't be blindsided by changes further up the chain all of a sudden!
    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
  • Gemm83
    Gemm83 Posts: 237 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    @Gemm83 @E_D_FTB So much juggling to do! We don't have to worry about handing in notice (for which I'm very grateful). We have a big move involved though and our movers need 4 days to complete the process, all of which means we need to book well in advance. The lead time is 4-5 weeks at the moment and they won't take bookings until exchange. This is also making early September look impossible for us. Of course we'll look at other companies, but with pets involved too (and heavy workloads for us) it's tricky to negotiate. I hate that it's so hard to plan ahead with this process!
    Absolutely. The place we are moving to needs a full rewire. We've got an electrician on board but we can't actually book him until we know when we are getting in. So frustrating. So much work to do, but without a date we can't do any of it or even plan for it 😡
  • So after me being the person doing all of the coordination etc for the last week or so to work toward exchange, I'm on a work call when they ring and my husband gets the good news phonecall.

    Oh well ... We've exchanged!!!
    :D Sod's Law! Great news though - congratulations!
  • E_D_FTB said:
    @Gemm83 @E_D_FTB So much juggling to do! We don't have to worry about handing in notice (for which I'm very grateful). We have a big move involved though and our movers need 4 days to complete the process, all of which means we need to book well in advance. The lead time is 4-5 weeks at the moment and they won't take bookings until exchange. This is also making early September look impossible for us. Of course we'll look at other companies, but with pets involved too (and heavy workloads for us) it's tricky to negotiate. I hate that it's so hard to plan ahead with this process!
    Moving with pets is definitely tough! We just have the one cat, but you really need to factor him into timeframes and planning. We're away mid-Sep for work and visiting family, and we don't want to give notice before then because we're worried about the estate agents doing viewings and the cat escaping!

    Agreed on the planning - without any dates to work towards it makes it basically impossible! And communication up and down the chain (at least for us) is painful and just makes everything more complicated than it needs to be. I wish there was some sort of dashboard with an overview of how all parts of the chain are progressing that we could all see, so at least we wouldn't be blindsided by changes further up the chain all of a sudden!
    It's our cat I'm especially worried about too. Our vet will give her something to help clam her down, so hopefully we can minimise the stress for her. I'm glad we still have the crate from when she first arrived, as she feels safe there and I can restrict her to one room for the main part of the move.

    Yes, I really wish the process was more transparent. This time round we're in contact with our (lovely) sellers and it's really helping. We only contact each other with key info, but hopefully it will help when things get stuck...which they're bound to.
  • We're very impatiently waiting for dates now, we're in rented at the moment so don't need our sale and purchase to exchange/complete at the same time but do need our sale to happen first. 

    Last Friday our solicitor and estate agent were going to push for a completion date for next week on our sale but we've heard nothing yet and we've half given up chasing!

    Our vendors are moving to a new build which is meant to be ready in September but initially they had said they'd move out sooner if we needed them to. We're waiting to hear if they're still prepared to do that. We want to be in asap and definitely before the end of the stamp duty relief.

    It's all so stressful and frustrating isn't it! It will be worth it in the end though for all of us I'm sure!
    House sale/purchase progress (we're selling our rental property and currently living in rented so no pressure to complete both on the same day).

    2/6 - Accepted offer on our house.

    15/6 - AIP in place with Halifax
    18/6 - Offer accepted on our dream home!
    19/6 - Solicitors instructed
    23/6 - Broker applied for AIP with Nationwide to allow us 23 years due to hubby's age - AIP referred!
    24/6 - AIP approved
    5/7 - Full application finally in with Nationwide & valuation booked within 2 hours
    6/7 - Valuation
    12-13/7 - Hard credit searches on both of us with TransUnion (Credit Karma)
    13/7 Hard search Equifax (ClearScore)
    14/7 Proof of deposit requested in a different format
    19/7 Gifted deposit form requested for non-sale part of the deposit - funds were from some inheritance, not gifted - deed of variation sent.
    2/8 Text and email saying offer issued, details to follow in the post!

    21/9 Exchanged on both properties
    24/9 Completed on sale
    14/10 Due to complete on purchase
  • Morning again!! 

    I’ve had what I’m told is the final enquiries this morning so hopefully now full steam ahead!! 
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    E_D_FTB said:
    @Gemm83 @E_D_FTB So much juggling to do! We don't have to worry about handing in notice (for which I'm very grateful). We have a big move involved though and our movers need 4 days to complete the process, all of which means we need to book well in advance. The lead time is 4-5 weeks at the moment and they won't take bookings until exchange. This is also making early September look impossible for us. Of course we'll look at other companies, but with pets involved too (and heavy workloads for us) it's tricky to negotiate. I hate that it's so hard to plan ahead with this process!
    Moving with pets is definitely tough! We just have the one cat, but you really need to factor him into timeframes and planning. We're away mid-Sep for work and visiting family, and we don't want to give notice before then because we're worried about the estate agents doing viewings and the cat escaping!

    Agreed on the planning - without any dates to work towards it makes it basically impossible! And communication up and down the chain (at least for us) is painful and just makes everything more complicated than it needs to be. I wish there was some sort of dashboard with an overview of how all parts of the chain are progressing that we could all see, so at least we wouldn't be blindsided by changes further up the chain all of a sudden!
    It's our cat I'm especially worried about too. Our vet will give her something to help clam her down, so hopefully we can minimise the stress for her. I'm glad we still have the crate from when she first arrived, as she feels safe there and I can restrict her to one room for the main part of the move.

    Yes, I really wish the process was more transparent. This time round we're in contact with our (lovely) sellers and it's really helping. We only contact each other with key info, but hopefully it will help when things get stuck...which they're bound to.
    Our plan is similar - my partner will stay with the cat in the bathroom while the movers take everything and we get the new place somewhat set up. Once they're done and gone we'll move the cat - just trying to minimise noise and stress for him. But I know it's gonna be horrible and I'm going to feel like a terrible cat mum! It's our first time moving with him too, and he's a very nervous boy when it comes to noise and strangers, so basically his worst nightmare :(

    That's so good that you're in touch with your sellers. We've been going through the EA, but they're very communicative and open with some repairs that need doing pre-completion which we are extremely grateful for! Further up the chain, however...
    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
  • mat1964
    mat1964 Posts: 192 Forumite
    Third Anniversary 100 Posts Name Dropper
    @mat1964 Sorry to hear that you're still having problems with those buyers. Good luck with remarketing & hope you find some new/solid buyers quickly.
    thank you :smile:

    Hot of the press, my GF has today received a letter marked 'urgent' from Nationwide addressed to her buyers but sent to her address.  Totally bizarre - why would the Bank send a letter to the address of the place you are trying to buy when you've not even exchanged, let alone completed!  
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