The NEW waiting to exchange thread...

tomnookfan

Apparently we are exchanging today!!! After thinking this sale wasn't going to happen it's actually madness this day has come 😱

E_D_FTB

Gosh, a lot happened yesterday! Congrats to those who are getting close to exchange/completion. Completely feel a lot of your pain regarding the uncertainty and not wanting to commit to too much until exchange happens. It's kind of insane how short the gap between exchange and completion has become considering until exchange it could all fall through. Feels so risky to commit to anything until you're legally committed to the sale! 

@Homebuyer1973 I'm so sorry that's all happening to you, it sounds absolutely terrible. Bad conveyancers seem to be a repeated theme of delays and problems on this thread. Fingers crossed your buyer's will get themselves sorted and it can all work itself out. I understand your vendors frustration, but remarketing could just cause them longer delays in the end - there's no guarantee they'll end up in a less complicated chain! Hopefully your buyer's mortgage can get sorted and your seller will re-commit knowing things are back on track.

jazzyja

Homebuyer1973 said:

So after 2 weeks of being told that our buyers lenders would have made a decision on the documents that weren’t sent to them when they should have been, we are now being told that that it’ll be next week before any of us hear anything from their lenders. This is after being told for the last 2 weeks it might be a couple of days… might be tomorrow. I feel like someone is having a huge laugh at my expense!!!! I’m not a cryer as a rule but I’m so close to it right now. This is the latest coms from our
buyers conveyancer. Beyond words right now 🤨


buyers

Santander are ridiculously slow. My friend is just going through the process with them and her buyer is also with them and they've had nothing but stalling and problems. A very simple application on her behalf and shes currently 4 weeks in since she applied and still no nearer 

WorriedKirkels

Mizydoscape said:

Been a few weeks since I checked in here. Well done to everyone who's got over the line recently!

I'm back panicking today that our chain has fallen apart. Probably not helped by the fact I can't seem to get a straight answer from any of the professionals involved.

I spoke to our estate agent last week to let her know that my equity loan valuation expires in October and she said that wouldn't be a problem as from what she could see it was all pretty close to being done. Then I think she mentioned something about our vendors going into rented (which was not our belief - we thought they had an onward purchase and there was another house above that also). But my agent speaks really fast so it's hard to understand what she's saying. 

Today I've looked at the 2 houses above our purchase in our chain on zoopla and 1 is listed as "no longer on the market" and the top house is available again.

I'm really hoping I heard right and that our vendors have either already completed on their purchase or it fell through and they are going to rent. Fingers crossed I get some news soon.

We're just waiting for 2 final enquiries, have signed all our forms and are pretty much ready otherwise 😵

🤞 you’re almost there x

WorriedKirkels

neydejean said:

At long last today a completion date of 10 Sept was proposed, so I assume 3 Sept would be exchange. Not getting too excited until it is confirmed but I am looking forward to booking moving van

I think there is a few of us with 10th for completion 😁 although I’m not confident in my buyers position so just seeing what happens this week 😬 x

WorriedKirkels

Bonniepurple said:

We’re hopefully coming to the end of ours - the only thing that the solicitor is waiting for is the mortgage offer which was issued on 30/6 and a copy sent to her.  I’ve emailed and I’m hoping that the forwarded offer will be enough for her to either accept or have a hunt through the file.  Dates wise, it all depends if our vendors are happy to actually go into rented.  Both myself and our buyers want to move ASAP.

Good luck 🤞 x

WorriedKirkels

tomnookfan said:

Apparently we are exchanging today!!! After thinking this sale wasn't going to happen it's actually madness this day has come 😱

Fantastic news 😁 x

greensalad

Finally received my draft contract pack so searches can begin! Just entered week 8 after offering! I'd hoped they would've been started a lot longer ago than this.

Solicitor seems to suggest they should be back in 2 - 3 weeks, but we've heard 6 from the estate agent. Just going to leave everything now and try not to worry about it.

[Deleted User]

We are about six weeks in now
waiting for buyers searches to come back
and waiting for enquiries answering on our new build

heartofzinc

WorriedKirkels said:

neydejean said:

At long last today a completion date of 10 Sept was proposed, so I assume 3 Sept would be exchange. Not getting too excited until it is confirmed but I am looking forward to booking moving van

I think there is a few of us with 10th for completion 😁 although I’m not confident in my buyers position so just seeing what happens this week 😬 x

Also have been given a completion date for 10th! Was due to complete last month and paid the deposit then the sellers new house fell through. Fingers crossed this time goes smoothly