We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The NEW waiting to exchange thread...
Comments
-
Good luck 🤞Cookie211 said:Is today going to be the day, I really hope so, took me ages to get to sleep last night and woke up feeling really sick 😷 but I hope that is just excitement, nerves lol
good luck everyone I hope we all have some good news today 🤞🤞1 -
Good luck!Cookie211 said:Is today going to be the day, I really hope so, took me ages to get to sleep last night and woke up feeling really sick 😷 but I hope that is just excitement, nerves lol
good luck everyone I hope we all have some good news today 🤞🤞1 -
My solicitor have emailed the other side asking are they ready and surprise surprise they not replying, my solicitor is going to ring them in half hour 🤷♀️0
-
It's really stupid. I suspect the Law Society advocate strongly for it to not be online so they can continue to own everything about the process. But why don't they get ahead and make the e-portal for it?nekr0mantik said:its shocking that countries like Australia and Japan has e-conveyancing fully working for making property purchasing easier/faster. During Pandemic UK should have stated to use e-conveyancing.
My vendor is International so I suspect the signing of contracts will take weeks due to having to send to different country! Thats if we get to that stage lol0 -
oh no
Broker just told me Barclays valuers down valued the property I am going to purchase.
Cannot afford to make the extra up so only way is if seller agrees to lower price which I doubt they will!
I will be out of pocket for solicitors fees now also if that happens.0 -
Sorry to hear that, hopefully you can negotiate with your vendor 🤞nekr0mantik said:oh no
Broker just told me Barclays valuers down valued the property I am going to purchase.
Cannot afford to make the extra up so only way is if seller agrees to lower price which I doubt they will!
I will be out of pocket for solicitors fees now also if that happens.1 -
Oh @nekr0mantik I'm sorry, it's a horrible feeling! The same happened to me last week and I was convinced I'd lose the place. The lender undervalued it by about £2k - AND there was another buyer waiting in the wings who had that ready to go.nekr0mantik said:oh no
Broker just told me Barclays valuers down valued the property I am going to purchase.
Cannot afford to make the extra up so only way is if seller agrees to lower price which I doubt they will!
I will be out of pocket for solicitors fees now also if that happens.
But the EA got on the phone with the seller and convinced them that where we're at in the process, etc. it was likely worth that amount just to complete the sale with me (an FTB).
Have hope, it might be okay yet.NatWest FTB 90% LTV
2/8/21: View property and put in offer.
3/8/21: Offer accepted. Appointment with mortgage broker (Embrace).
4/8/21: Solicitor appointed (Let's Move Conveyancing). Memo of sale issued by EA (Your Move).
5/8/21: Mortgage applied for (NatWest). Hard search on my credit file.
9/8/21: Solicitor sends draft contracts.
11/8/21: NatWest valuation takes place.
12/8/21: Enquiries go to seller's solicitors.
18/8/21: Mortgage offer arrives.
22/8/21: Gazumped. Counter-offer made.
23/8/21: Counter-offer accepted. 2nd memo of sale issued. Survey booked.
26/8/21: NatWest refuse to lend on counter-offer. Back to seller with lower offer.
27/8/21: Seller accepts lower offer.
3/9/21: 3rd memo of sale issued.
6/9/21: Survey takes place. All searches returned.
15/9/21: Homebuyer's Report arrives.
17/9/21: New mortgage offer arrives.
20/9/21: Instruct LISA provider to contact my solicitor.
7/10/21: Enquiries back from seller's solicitor.
15/10/21: Exchange.
5/11/21: Complete.
9/11/21: Move in.1 -
Oh no I’m so sorry, I hope the seller will agree with u, keep us updatednekr0mantik said:oh no
Broker just told me Barclays valuers down valued the property I am going to purchase.
Cannot afford to make the extra up so only way is if seller agrees to lower price which I doubt they will!
I will be out of pocket for solicitors fees now also if that happens.1 -
🥳🥳🥳🥳 just had an email from solicitor that we completing today she’s just putting the money in sellers solicitor account, omg can I get excited now or shall I wait till I have the keys lol 😝10
-
Omg I can’t wait for you!!! Let us know when you’ve got the keys!! 🥳 congrats!!Cookie211 said:🥳🥳🥳🥳 just had an email from solicitor that we completing today she’s just putting the money in sellers solicitor account, omg can I get excited now or shall I wait till I have the keys lol 😝1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards