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The NEW waiting to exchange thread...
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Bad news for us today. Our vendor has pulled out of their onward purchase. We are almost 12 weeks from when they accepted our offer.0
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Oh no, so sorry to hear that news! Will they break the chain or do you have to wait for them to find an onward purchase?Mizydoscape said:Bad news for us today. Our vendor has pulled out of their onward purchase. We are almost 12 weeks from when they accepted our offer.1 -
Seems that has been the tone for the day, Thats utterly poo !Mizydoscape said:Bad news for us today. Our vendor has pulled out of their onward purchase. We are almost 12 weeks from when they accepted our offer.1 -
They've said they'll break the chain from the beginning and their agent mentioned it again today although said they would prefer to tie in another purchase (wouldn't we all). We were happy to facilitate this on their original purchase but not so much now they've cancelled that one.WorriedKirkels said:
Oh no, so sorry to hear that news! Will they break the chain or do you have to wait for them to find an onward purchase?Mizydoscape said:Bad news for us today. Our vendor has pulled out of their onward purchase. We are almost 12 weeks from when they accepted our offer.
Will get an update tomorrow apparently as they've offered on a house but won't know if it's accepted until then. My agent is off today but I've sent her an email saying we want to be in by the end of September as that was not an unreasonable ask a couple weeks ago so we'll see what happens. I'm more concerned about our buyer pulling out as I'm selling a bit of a niche house.1 -
Starting to sweat big time. Completion agreed for 27th Friday. We are the only link in a three property chain. No issue with our vendor as he has already moved out. Our buyer or their SOL has not exchanged in spite of requests stretching over 2 weeks now since completion date was agreed. The latest being the revelation that the buyer has not transferred the balance of funds required for purchase. With just over 48 hours to go why has the buyers SOL not ensured that their client has not transferred the balance of funds required from his bank account sooner? The mortgage taken out for part of the purchase price will be drawn on the 27th supposedly. So we are staring down the barrel at exchange and completion happening on the same day and hoping that his building society is efficient in transferring the remainder of the funds that are needed quickly. Grrr.
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Well it’s Wednesday
I hope people have progress today
apparently the solicitors for where I’m buying work wed to sat (lucky them) so may do something with the enquiries1 -
Oh no I’m so sorry, I hope u get some news today 🤞🤞Mizydoscape said:Bad news for us today. Our vendor has pulled out of their onward purchase. We are almost 12 weeks from when they accepted our offer.1 -
We were only told Monday to transfer our deposit and we complete on Friday 🤞🤞 it was a shock when solicitor asked if we wanted to complete this Friday as I don’t think we have exchanged yet 🤔🤔[Deleted User] said:Starting to sweat big time. Completion agreed for 27th Friday. We are the only link in a three property chain. No issue with our vendor as he has already moved out. Our buyer or their SOL has not exchanged in spite of requests stretching over 2 weeks now since completion date was agreed. The latest being the revelation that the buyer has not transferred the balance of funds required for purchase. With just over 48 hours to go why has the buyers SOL not ensured that their client has not transferred the balance of funds required from his bank account sooner? The mortgage taken out for part of the purchase price will be drawn on the 27th supposedly. So we are staring down the barrel at exchange and completion happening on the same day and hoping that his building society is efficient in transferring the remainder of the funds that are needed quickly. Grrr.1 -
Good luck I hope u hear something today 🤞🤞DeletedUser said:Well it’s Wednesday
I hope people have progress today
apparently the solicitors for where I’m buying work wed to sat (lucky them) so may do something with the enquiries0 -
Fingers crossed for all waiting for news today!2
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