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The NEW waiting to exchange thread...

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Comments

  • @Rach273 🌼 Really hope this is light at end of the ridiculously long tunnel & you get that September wedding free of house stress.
  • Congratulations to all exchangers and good luck for completion!! 

    We got the keys around 2.30 and we’ve been busy sorting the kitchen and putting up beds etc - we are buzzing!! 

    Good luck to those not quite there yet!! It will happen - I’m positive!! And I’ll be checking to see how you all do ❤️‍🔥
    Fantastic news - so happy for you 😁 Enjoy your new home 🏡 x
  • Congratulations to all exchangers and good luck for completion!! 

    We got the keys around 2.30 and we’ve been busy sorting the kitchen and putting up beds etc - we are buzzing!! 

    Good luck to those not quite there yet!! It will happen - I’m positive!! And I’ll be checking to see how you all do ❤️‍🔥
    Happy news at the end of a long week. So pleased for you 🌻💛🌻
  • Cookie211
    Cookie211 Posts: 461 Forumite
    Third Anniversary 100 Posts Name Dropper
    Congratulations all who have exchanged and completed, so happy for u all, good luck to the rest of us, hopefully we will have good news soon 🤞🤞🤞🤞
  • So how far are we all right now
    for us
    mortgage offered, searches due back next week draft contracts sent to buyer and received from our purchase 

    buyers valuer due any time today 


  • TheScone
    TheScone Posts: 53 Forumite
    10 Posts Name Dropper
    Congrats to all who have exchanged this week and I hope a few more of us get lucky today!

    Today is 3 weeks since our offer was accepted and we have asked our sol to order searches and had our mortgage offered.

    Need to arrange a survey but can’t decide whether to go with a full structural survey as recommended since the house is about 70 years old… it looks in great condition though, not a renovation project in the slightest, so just wondering if the extra money is worth it. What have other people experienced with surveys?
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    TheScone said:
    Congrats to all who have exchanged this week and I hope a few more of us get lucky today!

    Today is 3 weeks since our offer was accepted and we have asked our sol to order searches and had our mortgage offered.

    Need to arrange a survey but can’t decide whether to go with a full structural survey as recommended since the house is about 70 years old… it looks in great condition though, not a renovation project in the slightest, so just wondering if the extra money is worth it. What have other people experienced with surveys?
    We went for full structural - not that there seemed to be signs of issues, but to just give us the fullest picture of what we were buying and what maintenance we might need to do in the next few years. 

    For the sake of a hundred or so extra quid, it seems worth it to me to get the most detailed report - better that than spend hundreds of thousands to find out there's a major issue.
    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
  • Hi, just wanting to hear of others experiences at this stage. My solicitor emailed me earlier this week saying that they are finalising the Report on Title, which they will send to me for signing along with the contract papers and completion statement (in readiness for exchanging contracts). They mentioned once I have those I should contact the seller to arrange a completion date.. does this mean I am nearing the end?! There is no chain and I’ve been told the seller is willing to go at my pace, but how long did you guys wait to get the keys after this point? Thank you! :) 
  • greensalad
    greensalad Posts: 2,530 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    TheScone said:
    Congrats to all who have exchanged this week and I hope a few more of us get lucky today!

    Today is 3 weeks since our offer was accepted and we have asked our sol to order searches and had our mortgage offered.

    Need to arrange a survey but can’t decide whether to go with a full structural survey as recommended since the house is about 70 years old… it looks in great condition though, not a renovation project in the slightest, so just wondering if the extra money is worth it. What have other people experienced with surveys?
    We just had our survey back on a 55 year old house that looked in great condition. Our surveyor was incredibly thorough and it has 100% been worth it. There are so many things on it that you'd think were fine but are not. I 100% recommend going FSS. It gives you a full picture and a list of maintenance tasks for your new home.
  • TheScone
    TheScone Posts: 53 Forumite
    10 Posts Name Dropper
    E_D_FTB said:
    TheScone said:
    Congrats to all who have exchanged this week and I hope a few more of us get lucky today!

    Today is 3 weeks since our offer was accepted and we have asked our sol to order searches and had our mortgage offered.

    Need to arrange a survey but can’t decide whether to go with a full structural survey as recommended since the house is about 70 years old… it looks in great condition though, not a renovation project in the slightest, so just wondering if the extra money is worth it. What have other people experienced with surveys?
    We went for full structural - not that there seemed to be signs of issues, but to just give us the fullest picture of what we were buying and what maintenance we might need to do in the next few years. 

    For the sake of a hundred or so extra quid, it seems worth it to me to get the most detailed report - better that than spend hundreds of thousands to find out there's a major issue.
    That's what I'm thinking, it does take what we had budgeted for the survey over by £170, so I'll have to recheck that we can actually afford it first!

    But for the surveyor we have been recommended (who seems to have glowing reviews) even the homebuyers survey is significantly more than we budgeted. I thought about going elsewhere but when someone hasn't been recommended how can you know they will do a great job...

    Might just have to take the hit to make sure it is done right.
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