The NEW waiting to exchange thread...

Homebuyer1973

Not a great start to the week, our vendor has pulled out due entirely to our buyer’s conveyancer being totally incompetent and not sorting an issue out . Documents needed by lender were late, either not sent or sent to the wrong person!!! Our Vendor doesn’t need the sale to move on so has pulled out. At the moment it looks like we’ll be the only ones in the chain not moving on to a new home.  Totally at the mercy of others and will be left with a huge conveyancing bill with nothing to show for it. Feeling pretty p*seed off right now!!!! 🤨

baileykxo

Cookie211 said:

Monsternextdoor said:

Cookie211 said:

We have transferred some of our deposit over the phone to solicitor and my FIL is going to the bank to transfer the rest tomorrow so does this mean we are exchanging and completing the same day 

Not necessarily, I paid over a week ago and haven't yet exchange.

We supposed to be completing Friday but haven’t exchanged yet 

I’m in the same boat here! Hopefully we are exchanging tomorrow though according to what I’ve been told everything on their side in terms of final forms have been handed over so we are all ready! Crossing everything!! 

Goodluck with yours! 

Monsternextdoor

Same here, The have given us a completion date but no exchange as of yet.

Its doing my head in as the house I am buying is a repo and therefore at any time up to exchange someone can offer higher and I need to outbid them.

baileykxo

Monsternextdoor said:

Same here, The have given us a completion date but no exchange as of yet.

Its doing my head in as the house I am buying is a repo and therefore at any time up to exchange someone can offer higher and I need to outbid them.

It’s horrid isn’t it! It’s more the worry about it actually happening for me! I do think it will but there’s always nerves lurching! Hopefully we all complete soon!!

Monsternextdoor

baileykxo said:

Monsternextdoor said:

Same here, The have given us a completion date but no exchange as of yet.

Its doing my head in as the house I am buying is a repo and therefore at any time up to exchange someone can offer higher and I need to outbid them.

It’s horrid isn’t it! It’s more the worry about it actually happening for me! I do think it will but there’s always nerves lurching! Hopefully we all complete soon!!

Ive a completion date of the 8th now, just no exchange in sight ! 

Cookie211

Homebuyer1973 said:

Not a great start to the week, our vendor has pulled out due entirely to our buyer’s conveyancer being totally incompetent and not sorting an issue out . Documents needed by lender were late, either not sent or sent to the wrong person!!! Our Vendor doesn’t need the sale to move on so has pulled out. At the moment it looks like we’ll be the only ones in the chain not moving on to a new home.  Totally at the mercy of others and will be left with a huge conveyancing bill with nothing to show for it. Feeling pretty p*seed off right now!!!! 🤨

I’m so sorry 😢 

baileykxo

Monsternextdoor said:

baileykxo said:

Monsternextdoor said:

Same here, The have given us a completion date but no exchange as of yet.

Its doing my head in as the house I am buying is a repo and therefore at any time up to exchange someone can offer higher and I need to outbid them.

It’s horrid isn’t it! It’s more the worry about it actually happening for me! I do think it will but there’s always nerves lurching! Hopefully we all complete soon!!

Ive a completion date of the 8th now, just no exchange in sight ! 

My completion date is Friday! Exchange still hasn’t happened so I think your safe for now! You have longer than me 😂

Cookie211

baileykxo said:

Cookie211 said:

Monsternextdoor said:

Cookie211 said:

We have transferred some of our deposit over the phone to solicitor and my FIL is going to the bank to transfer the rest tomorrow so does this mean we are exchanging and completing the same day 

Not necessarily, I paid over a week ago and haven't yet exchange.

We supposed to be completing Friday but haven’t exchanged yet 

I’m in the same boat here! Hopefully we are exchanging tomorrow though according to what I’ve been told everything on their side in terms of final forms have been handed over so we are all ready! Crossing everything!! 

Goodluck with yours! 

Thanks I hope u exchange tomorrow, fingers crossed we have a nice week and everything goes smoothly 🤞🤞

WorriedKirkels

Cookie211 said:

Monsternextdoor said:

Cookie211 said:

We have transferred some of our deposit over the phone to solicitor and my FIL is going to the bank to transfer the rest tomorrow so does this mean we are exchanging and completing the same day 

Not necessarily, I paid over a week ago and haven't yet exchange.

We supposed to be completing Friday but haven’t exchanged yet 

On all my previous sales/purchases we have either done same day or the day before (not through choice) - might be best to try and get exchange before Friday if you can as my nerves were shot on previous house moves 😬 x

Homebuyer1973

Cookie211 said:

Homebuyer1973 said:

Not a great start to the week, our vendor has pulled out due entirely to our buyer’s conveyancer being totally incompetent and not sorting an issue out . Documents needed by lender were late, either not sent or sent to the wrong person!!! Our Vendor doesn’t need the sale to move on so has pulled out. At the moment it looks like we’ll be the only ones in the chain not moving on to a new home.  Totally at the mercy of others and will be left with a huge conveyancing bill with nothing to show for it. Feeling pretty p*seed off right now!!!! 🤨

I’m so sorry 😢 

Thank you. I’ve been expecting it to be honest. The whole situation has become completely untenable 😟