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The NEW waiting to exchange thread...
Comments
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We're with Nationwide.scottie21 said:
Thank you. Who is your lender out of interest if you don’t mind me asking?E_D_FTB said:
We had the same problem - as with you, it wasn't a problem with our specific lender, but could be an issue both with re-mortgaging and selling later down the line. Also, that insulation can cause rotting to the timbers of the roof which can mean an entire re-roof in the worst case scenario.scottie21 said:Our sale is almost ready to go through, our survey on our purchase has found foam insulation in the roof. I have no idea where we go from here and what we do about it, as reading the mortgage company may not even lend 😩even though their valuation didn’t flag it up (the loft space was not inspected though as they couldn’t gain access)
Luckily our sellers were very understanding and they agreed to pay for removal and allow us to inspect the roof's condition before exchanging. There's a company called "Spray Foam Removal" who specialise in removing spray foam, as most roofers won't touch it.
I would start by talking to your sellers about what they're willing to do and then go from there. Hope you get it sorted!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 Completion1 -
We're going on holiday to visit family next week - signing papers on Wednesday before we go so that exchange can go ahead while we're away if needed. As long as you can get out on time for completion I don't see any reason to not go away!DeletedUser said:is it madness to go on holiday between exchange and completion?we have a famil holiday paid for by grandparents that needs to change. the house we own the buyer needs completion before our new build is finished so we were moving back to parents anyway. So were thinking why not use two of the back at parents weeks to go away?or is that mentalOn a side note I seem to have to user names on here which is strange.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 Completion0 -
Didn't manage to exchange Friday, but trusting my conveyancer (famous last words, I know) on her 'confidence' that we will complete this Friday coming and started packing the house this weekend. I didn't realise I had so much!!!12/03/21 - House put up for sale
05/04/21 - Offer accepted for sale of house
10/04/21 - DIP approved
13/04/21 - Offer accepted on purchase of house
28/04/21 - Mortgage application made
30/04/21 - Mortgage offer received
15/06/21 - Searches ordered
28/06/21 - Searches received
22/07/21 - Enquiries raised
03/08/21 - Enquiries returned, 1 outstanding issue
19/08/21 - Enquiries on purchase satisfied. Ready to exchange
08/09/21 - Exchanged
10/09/21 - Due to complete0 -
I hope everyone has better luck this week, I should be getting my keys on wed/thursday.
I'm dog sitting on the wed and won't be traveling up to get them till the evening, So I shall get them Thursday morning and get cracking. I have 3 days to rip out and clean the majority and then I have to come back here and isolate before a op on the following Wednesday, I will be travelling up again after my op and getting on with it from then.
Its nearly buddy done !!!1 -
Fingers crossed for you @Monsternextdoor ! Wishing you all the best with the op and getting everything else done. It is hard to have that right in the middle of everything but once it’s done you can get on with the fun stuff and the new adventure.Monsternextdoor said:I hope everyone has better luck this week, I should be getting my keys on wed/thursday.
I'm dog sitting on the wed and won't be traveling up to get them till the evening, So I shall get them Thursday morning and get cracking. I have 3 days to rip out and clean the majority and then I have to come back here and isolate before a op on the following Wednesday, I will be travelling up again after my op and getting on with it from then.
Its nearly buddy done !!!
Good luck to everyone else too. Let’s hope the week brings some happy news and celebrations. 🤞1 -
Thanks @ss2020jd
Its the first one in a series of three, I'm hoping that once I move the other 2 will happen faster or be able to be done at the same time to minimise the time in hospital and convalescence.
Im no good sitting on my hands so my OH will be off for 6 weeks to wait on me.0 -
That sounds like a lot to deal with at once @Monsternextdoor but hope they get done soon after and that your recovery goes well. I hope you get waited on and have a good rest after everything you have been through!1
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Yup ....
Buy a house
Move 200 miles
Move the kids schools
Impending deployment of Mr Monster
Then the ops
Just a little bit of stress.
1 -
😱🤯🤪 🤞🤞🤞Monsternextdoor said:Yup ....
Buy a house
Move 200 miles
Move the kids schools
Impending deployment of Mr Monster
Then the ops
Just a little bit of stress.1 -
Same here, just waiting for the bottom of chain to be ready to exchange, hope it happens today or tomorrow as I don’t think my nerves can take it if exchange doesn’t happen by then as it will be so close to the agreed completion date 😳neydejean said:Didn't manage to exchange Friday, but trusting my conveyancer (famous last words, I know) on her 'confidence' that we will complete this Friday coming and started packing the house this weekend. I didn't realise I had so much!!!
Good luck and hope you get the news you’ve exchanged ASAP too 🤞1
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