The NEW waiting to exchange thread...

Cookie211

E_D_FTB said:

@Cookie211 Fingers crossed! Also holding off on chasing our solicitors for some missing paperwork - easier said than done!

U are definitely right it’s so hard to stop yourself lol good luck I hope they find it 🤞🤞🤞🤞

neydejean

My leave has ended without any substantial progresses as I wanted. HOPEFULLY things will come together this week and by Friday I can pencil in moving dates, look into hiring a van etc.

Elle83

Hi everyone!

We agreed a sale on our property 23rd June, our onward purchase offer was agreed 24th June. Our buyer is no chain, and onward purchase is vacant. 

Had our mortgage survey and offer sorted 9th July. 

Delay with buyer's HB survey but that was done 28th June and they came to view our house again with parents that weekend. They said nothing major came up, all good. They had a valuation done on the 29th June as they switched lenders to get a better rate. Either the buyer or his dad works in mortgages - they told us this when they offered. 

It is now 16th August and all searches/enquiries are done but our buyer's solicitor says they have not received their mortgage offer yet. 

Rational part of me says if it was such a good rate, perhaps the lender is busy. Neurotic side of me is panicking. 

I am hoping it arrives this week so that we can exchange. Fingers crossed!

UmazFTB

Hi all, glad some of you are making good progress! Fingers crossed I can join you soon...!

I need some advice - My mortgage offer (Halifax) is only valid until Dec 2021, but new build completion is in Mar/Apr 2022.
Solicitor has advised we check we are able to extend, but my MA doesn't seem to be too bothered since its standard practice to extend offers on new builds. My Solicitor has asked me to get assurance in writing but I don't think the lender will be able to do that. Is it risky to proceed? What is everyone else's experience? 

Cookie211

well EA emailed me this morning saying he’s trying to confirm that probate has been granted and I still haven’t heard anything bk, don’t want to pester him but I just need to know 🤯🤯

E_D_FTB

Cookie211 said:

well EA emailed me this morning saying he’s trying to confirm that probate has been granted and I still haven’t heard anything bk, don’t want to pester him but I just need to know 🤯🤯

At least you know they're on it! We're still waiting on that paperwork. Have chased with our solicitor, but he hasn't received anything, so I'm now trying to decide when I should try chasing through the estate agents. So frustrating, because I know the rest of the chain wants to complete before the stamp duty holiday ends and that becomes less and less likely as this delay goes on. Because we can't afford an overlap of rent and mortgage, we need to exchange in Aug to be able to complete in Sep and the longer this gets held up, the less likely that is to happen

Cookie211

E_D_FTB said:

Cookie211 said:

well EA emailed me this morning saying he’s trying to confirm that probate has been granted and I still haven’t heard anything bk, don’t want to pester him but I just need to know 🤯🤯

At least you know they're on it! We're still waiting on that paperwork. Have chased with our solicitor, but he hasn't received anything, so I'm now trying to decide when I should try chasing through the estate agents. So frustrating, because I know the rest of the chain wants to complete before the stamp duty holiday ends and that becomes less and less likely as this delay goes on. Because we can't afford an overlap of rent and mortgage, we need to exchange in Aug to be able to complete in Sep and the longer this gets held up, the less likely that is to happen

Oh no, I would chase the EA see what’s going on, I got everything crossed for u, the hours are going by now so can see me not hearing anything now till tomorrow 😭 

E_D_FTB

Cookie211 said:

E_D_FTB said:

Cookie211 said:

well EA emailed me this morning saying he’s trying to confirm that probate has been granted and I still haven’t heard anything bk, don’t want to pester him but I just need to know 🤯🤯

At least you know they're on it! We're still waiting on that paperwork. Have chased with our solicitor, but he hasn't received anything, so I'm now trying to decide when I should try chasing through the estate agents. So frustrating, because I know the rest of the chain wants to complete before the stamp duty holiday ends and that becomes less and less likely as this delay goes on. Because we can't afford an overlap of rent and mortgage, we need to exchange in Aug to be able to complete in Sep and the longer this gets held up, the less likely that is to happen

Oh no, I would chase the EA see what’s going on, I got everything crossed for u, the hours are going by now so can see me not hearing anything now till tomorrow 😭 

I'm gonna give them until lunchtime tomorrow and then start chasing with the EA - the seller's solicitor has already been a bit funny about the EA getting involved about this particular thing, so don't want to cause problems.

There's still a bit of time left in the day! Fingers crossed you'll hear something by close of business!

WorriedKirkels

UmazFTB said:

Hi all, glad some of you are making good progress! Fingers crossed I can join you soon...!

I need some advice - My mortgage offer (Halifax) is only valid until Dec 2021, but new build completion is in Mar/Apr 2022.
Solicitor has advised we check we are able to extend, but my MA doesn't seem to be too bothered since its standard practice to extend offers on new builds. My Solicitor has asked me to get assurance in writing but I don't think the lender will be able to do that. Is it risky to proceed? What is everyone else's experience? 

Probably best to post this on the mortgage board thread as there are a number of experienced brokers on the site who are better placed to advise you. I know there are also a few similar threads which you could check out too. Good luck and I’m sure it will be fine 😁 

[Deleted User]

I hate valuers