The NEW waiting to exchange thread...

PlumLuck

Can anyone advise on how long the wait normally is on the buyer's solicitor receiving information from the vendor's solicitor?

I'm a FTB so not sure what time scales are usual

WorriedKirkels

Monsternextdoor said:

Exchanged ! DONE by 10.15 this morning. 

I get my keys on wed ! I can now stop eating a full tub of Ben&Jerrys of a night now  

Fantastic news 🥳🥳🥳🥳 x

WorriedKirkels

James-may said:

Finally exchanged and completed today, now gathering together cleaning stuff to to start scrubbing the place top to bottom.
Thank you to everyone in this forum for all the help through this whole process.

Congratulations 🥳 x

WorriedKirkels

heartofzinc said:

blueorchid94 said:

heartofzinc said:

Oscarboi76 said:

Exchange and completion day today but still cant get excited as still don't have faith in our solicitor to get the relevant things done. The sellers solicitor and estate agents have both said our solicitor is the worse they have ever dealt with... good luck to anyone else exchanging or completing today.

Feeling the same way currently. Due to complete next Friday but no exchange date and can’t get a hold of my solicitors or the estate agent! 

I could've written your posts, @heartofzinc & @Oscarboi76 - our solicitors are atrocious at communication! Also meant to be completing on the 10th, no clue of exchange date or if it is even going ahead at this point as they're just ignoring us, even though we really need to know either way...

So frustrating isn’t it! I’ve finally managed to speak to someone and they said it’s still happening but still no exchange date just that it will be early next week. 

Same here - completing on 10th but no confirmation of when we will exchange as waiting for the bottom of the chain to confirm funds are in place 😬 x

WorriedKirkels

neydejean said:

First attempt to exchange today failed because my buyer (bottom of chain)'s funds hadn't reached his solicitor. Apparently they 'hope' to receive them in early part of this afternoon but I feel like I can write off today entirely

Congrats to all successful today and good luck to all still waiting!

So sorry to hear this, hoping they’ve managed to get it sorted 🤞x

mat1964

all of a sudden out of nowhere, my GF's buyers (who have been told the sale is off) have said they want to complete on Monday.  So for the sake of a few days, we will incur £17,600 or early repayment fees and stamp duty - both of which would have been avoided had they not messed us around so much.

Our solicitor doubts very much that it will complete on Monday as it would require same day exchange and completion and the inept buyers solicitor has not even requested the mortgage funds yet.  

Half tempted to tell them where to get off.  Very frustrating. 

WorriedKirkels

mat1964 said:

all of a sudden out of nowhere, my GF's buyers (who have been told the sale is off) have said they want to complete on Monday.  So for the sake of a few days, we will incur £17,600 or early repayment fees and stamp duty - both of which would have been avoided had they not messed us around so much.

Our solicitor doubts very much that it will complete on Monday as it would require same day exchange and completion and the inept buyers solicitor has not even requested the mortgage funds yet.  

Half tempted to tell them where to get off.  Very frustrating. 

I can’t believe they are back! I don’t blame you for feeling like that….it’s much more polite than what I was thinking 😛 x

Kazzam1984

So looks like we may be able to exchange on 13th and complete on 17th. How are you booking removals as can't book until exchange etc 

nekr0mantik

so update on my situation, I spoke to Broker and we decided I will re apply via Halifax instead of Barclays and that application went through yesterday and this morning E Serv were booked for valuation for Tuesday. So far much better experience as Barclays took 15 days for valuation to happen and ended up with Legal and General doing valuation. E Serv I hear are faster at getting report back to lender normally same day as valuation so I hope Halifax gets back to me 24 hours after and its not down valued by 50k or similar again.  

WorriedKirkels

nekr0mantik said:

so update on my situation, I spoke to Broker and we decided I will re apply via Halifax instead of Barclays and that application went through yesterday and this morning E Serv were booked for valuation for Tuesday. So far much better experience as Barclays took 15 days for valuation to happen and ended up with Legal and General doing valuation. E Serv I hear are faster at getting report back to lender normally same day as valuation so I hope Halifax gets back to me 24 hours after and its not down valued by 50k or similar again.  

Fingers crossed for good news next week 🤞