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The NEW waiting to exchange thread...

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Comments

  • E_D_FTB said:
    I agree with @WorriedKirkels, @goodwithsaving. Our solicitor asked for warranty documents and bits like that without us even knowing. They have to do their due diligence and try to get all relevant paperwork. If they can't get it, they then have to check with their client that they're okay with that. Most of those things are just part of the process and don't necessarily mean anything. Just try to take things at face value, and not a sign of problems to come.
    Thank you. It's because my buyer "insisted"
    As a buyer I’ve insisted on all sorts (I think I might be an absolute pain to my vendor) but it’s because I want to check everything I possibly can with the person who knows the house best.  I love the house I’m buying (even tho it is an absolute hovel) and would not pull out. So far it’s had to be checked for Japanese Knotweed (following our survey highlighting concerns), one of the the bathrooms had been set on fire, anything electrical is broken and it’s right next to a coal mine with the property extension built over a sewer! If anything I am more committed than ever as I can see a real future for my family in that home. I suppose what I am saying is that as a buyer, I insist on a lot of questions but it doesn’t mean I am going to walk away, I just want to be clear on what I need to deal with moving forward. I hope that helps 😊 x
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    E_D_FTB said:
    I agree with @WorriedKirkels, @goodwithsaving. Our solicitor asked for warranty documents and bits like that without us even knowing. They have to do their due diligence and try to get all relevant paperwork. If they can't get it, they then have to check with their client that they're okay with that. Most of those things are just part of the process and don't necessarily mean anything. Just try to take things at face value, and not a sign of problems to come.
    Thank you. It's because my buyer "insisted"
    As a buyer I’ve insisted on all sorts (I think I might be an absolute pain to my vendor) but it’s because I want to check everything I possibly can with the person who knows the house best.  I love the house I’m buying (even tho it is an absolute hovel) and would not pull out. So far it’s had to be checked for Japanese Knotweed (following our survey highlighting concerns), one of the the bathrooms had been set on fire, anything electrical is broken and it’s right next to a coal mine with the property extension built over a sewer! If anything I am more committed than ever as I can see a real future for my family in that home. I suppose what I am saying is that as a buyer, I insist on a lot of questions but it doesn’t mean I am going to walk away, I just want to be clear on what I need to deal with moving forward. I hope that helps 😊 x
    Absolutely agree with this. We're first time buyers and all we want to know is that we're getting the full picture. Currently waiting for some spray foam insulation to be removed to see the condition of the roof timbers. But short of the entire roof being about to collapse, we have no intention of backing out. But we need to know first to know what we're buying. I'm sure your buyer is just doing what they need to do to feel they know the complete picture.
    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
  • Cookie211
    Cookie211 Posts: 461 Forumite
    Third Anniversary 100 Posts Name Dropper
    Is it just me or is this weekend dragging,hurry up Monday 🤯
  • Cookie211 said:
    Is it just me or is this weekend dragging,hurry up Monday 🤯
    Weekends always drag
    my searches should be back this week I need to exchange asap
  • Cookie211
    Cookie211 Posts: 461 Forumite
    Third Anniversary 100 Posts Name Dropper
    Cookie211 said:
    Is it just me or is this weekend dragging,hurry up Monday 🤯
    Weekends always drag
    my searches should be back this week I need to exchange asap
    Fingers crossed for you, probate has just been granted so hoping to chase tomorrow so they can confirm this then exchange as we were only waiting on probate 🤞🤞🤞
  • AnnaLMLH
    AnnaLMLH Posts: 207 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    hopefully a progressive week for everyone this week
    DFBXMAS15 £6600/£6600 100% #143

  • Good luck to everyone this week, fingers crossed 🤞 it’s a positive week for all of us!!!

    We signed all of our paperwork for our sale and onward purchase this weekend so I will be dropping them off today with our solicitors. Our buyers are still waiting for local search and our vendor still needs to answer a couple of enquiries so not there yet but seems to be moving in the right direction 😬 x
  • goodwithsaving
    goodwithsaving Posts: 1,314 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 16 August 2021 at 8:13AM
    Expecting my buyer to pull out this week over no roof warranty, just before exchange. Oh joy. (I stated in the Fixtures and Fittings that there wasn't one). It's a perfectly good roof and not at all a shoddy job - I just feel I can't win with anybody despite trying my very hardest to do things right  :'( I can't do this anymore
  • ss2020jd
    ss2020jd Posts: 652 Forumite
    500 Posts Third Anniversary Name Dropper
    Good luck to everyone who is still waiting this week and congratulations to all who made it. I’ve been checking in intermittently but not posting due to being in hospital for an op and now recovering. Thankfully all ok. That’s one way to be distracted from exchange and completion, but of course, not recommended! 
  • ss2020jd said:
    Good luck to everyone who is still waiting this week and congratulations to all who made it. I’ve been checking in intermittently but not posting due to being in hospital for an op and now recovering. Thankfully all ok. That’s one way to be distracted from exchange and completion, but of course, not recommended! 
    Hope you’re feeling better and welcome back 😁 x
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