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The NEW waiting to exchange thread...

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Comments

  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    E_D_FTB said:
    scottie21 said:
    I am really quite surprised that some of you have been waiting months and months, even those not in a chain. 

    Think we will be done in 7/8 weeks once we are all done and dusted.
    We were told by three separate EAs before going on the market that conveyancing was around 16 weeks, estimating at 14 weeks for a single sale, plus 2 weeks for every additional property in the chain. It’s the reason I’ll be amazed if we beat the SDLT deadline. 
    I accidentally found out (on one of the many ‘measuring’ visits from my buyer) that OUR estate agent had told them they would be lucky to be in by Christmas. Our house went on the market beginning of June and sold instantly….it goes a long way to explaining why every other link in our chain is ready but our buyers are not! 😡 x
    That would certainly explain why they're not chasing! If it was me and our seller's EA told us that I'd assume the rest of the chain was waaaaay off exchange and completion. No point getting in your solicitors bad books if it's gonna be a while before things move anyway. 
    Completely agree….you can understand why I was a little bit angry with my EA when I found out 😤 x
    Absolutely, what a numpty! Hopefully he'll be a bit more proactive pushing them along now. Honestly, you'd think he'd be keen to get the sale done as quickly as possible so he gets paid! 
    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
  • scottie21 said:
    I am really quite surprised that some of you have been waiting months and months, even those not in a chain. 

    Think we will be done in 7/8 weeks once we are all done and dusted.
    We were told by three separate EAs before going on the market that conveyancing was around 16 weeks, estimating at 14 weeks for a single sale, plus 2 weeks for every additional property in the chain. It’s the reason I’ll be amazed if we beat the SDLT deadline. 
    I accidentally found out (on one of the many ‘measuring’ visits from my buyer) that OUR estate agent had told them they would be lucky to be in by Christmas. Our house went on the market beginning of June and sold instantly….it goes a long way to explaining why every other link in our chain is ready but our buyers are not! 😡 x
    Think I would be having a one way convo with the EA and the solicitor.
  • Ive just had some good news today from my solicitor ! 

    The water is only turned off from the main stopcock 
    The gas has not been capped 
    Annnnnnnd 
    The main fuse is still in the board.

    Its just all switched off ! I just need to get the boiler serviced and then Im a chicken on a bear ! 
  • Cookie211
    Cookie211 Posts: 461 Forumite
    Third Anniversary 100 Posts Name Dropper
    Ive just had some good news today from my solicitor ! 

    The water is only turned off from the main stopcock 
    The gas has not been capped 
    Annnnnnnd 
    The main fuse is still in the board.

    Its just all switched off ! I just need to get the boiler serviced and then Im a chicken on a bear ! 
    That’s really good news, hope everything goes smoothly for u now 
  • Ive just had some good news today from my solicitor ! 

    The water is only turned off from the main stopcock 
    The gas has not been capped 
    Annnnnnnd 
    The main fuse is still in the board.

    Its just all switched off ! I just need to get the boiler serviced and then Im a chicken on a bear ! 
    Fantastic and means you’ve got a lot less to sort when you move in 😀 x
  • baileykxo
    baileykxo Posts: 110 Forumite
    100 Posts Name Dropper
    Goodluck today everyone!! We still haven’t exchanged but due to complete today!! I’m praying it all goes smoothly!! 🤞🏻 
  • baileykxo said:
    Goodluck today everyone!! We still haven’t exchanged but due to complete today!! I’m praying it all goes smoothly!! 🤞🏻 
    Good luck, got everything crossed for you 🤞x
  • Cookie211
    Cookie211 Posts: 461 Forumite
    Third Anniversary 100 Posts Name Dropper
    baileykxo said:
    Goodluck today everyone!! We still haven’t exchanged but due to complete today!! I’m praying it all goes smoothly!! 🤞🏻 
    Good luck I hope it goes smoothly for you 🤞🤞
  • Cookie211
    Cookie211 Posts: 461 Forumite
    Third Anniversary 100 Posts Name Dropper
    Good luck everyone hope u all have the news u want, couldn’t sleep last night at all and got the bloody house on my mind constantly, I really hope they receive the documents they waiting for this morning but something is telling me they won’t 🤯🤯☹️ 
  • Cookie211
    Cookie211 Posts: 461 Forumite
    Third Anniversary 100 Posts Name Dropper
    If my solicitor has received the mortgage fund and the sellers solicitor don’t receive the document from seller which was supposed to be with her Wednesday, what happens ? 
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