The NEW waiting to exchange thread...

mortgage_noob

neydejean said:

Hoping to exchange again today. Waiting for confirmation that my buyer (bottom of chain) has funds clear. Not sure when he sent them but think Friday, so probs won't make any progress today. Nearly lunchtime now. I can feel Friday completion slipping away the closer we get to it

Fingers crossed for you 

Monsternextdoor

mortgage_noob said:

Monsternextdoor said:

mortgage_noob said:

Me ? 

I paid mine 3 weeks ago.

My buying has been a bit different as its a repo and its dealing with banks rather than home owners.

Ah I see, we've not transferred ours yet because our solicitor hasn't said anything about it despite us asking. Seems a bit odd considering the time frames but this is my first purchase so I don't know.......

This is my first purchase too, We got a email breaking down the payment details and then a letter delivered that had the sort codes etc on them.

Id speak to them as they cant do much unless it's all paid up ! 

Yeh, I don't want things to be held up any longer. Our solicitor is incompetent to be honest. We hadn't heard from her so sent her a break down of the deposit, HTB ISA, etc etc  asking her to confirm and  she hasn't responded to anything. 

She had a call with us last week claiming a first time buyer was holding everything up in the chain. WE are the first time buyer and sent her everything months ago. Told her we didn't understand but she was adamant that there is another one in the chain
 (there isn't).

Basically, the solicitor likes to pass the blame at every chance  but she's solicitor at the top and bottom of the 2 property chain and is holding everyone up. She claimed she hadn't had responses to enquiries, when in reality she's had them a whole month and only conceded that when we told her she knew she had them.  

The only reason we know where we are at all with the sale is because the EA gives good updates when asked and we are also in direct contact with the seller. I'll be glad to see the back of her.

Nah, Phone them daily for updates. 

Ours has been pretty good if I am honest, her assistant was overwhelmed when she left him in charge when she was away.

Monsternextdoor

nekr0mantik said:

good luck all!
my second valuation is tomorrow and once thats done I will need to give EA a call and ask them to talk direct to vendor about the no update to my solicitors requested changes to draft contract and property and fittings forms which were requested 1st August. 
I have no clue if vendor is being slow at getting back to his solicitor or is the vendors solicitors being slow. 

I was thinking about you this morning I hope all goes well ! 

waitingforsomething

Hello everyone,

Been following this thread for a while but it's my time to join in now... 

Timeline wise:
Offer accepted 6th August
Vendors had offer accepted and chain complete (I have nothing to sell and they are buying with no chain) 9th August
Mortgage offer received and searches sent: 13th August

All searches are back other than local which is expected on 13th and enquiries have been raised

I'm now playing the waiting game... Oh how I hate the waiting game.

Hoping to hear back for solicitors at some point this week apparently there is a covenant about sheds and not being able to have one without written permission for the property I am buying, the permission is required from the company that built the house which has now been dissolved, would be interested to see if its actually enforceable....

Good luck to everyone set to exchange/ complete this week! 

Monsternextdoor

WorriedKirkels said:

mortgage_noob said:

Monsternextdoor said:

mortgage_noob said:

Me ? 

I paid mine 3 weeks ago.

My buying has been a bit different as its a repo and its dealing with banks rather than home owners.

Ah I see, we've not transferred ours yet because our solicitor hasn't said anything about it despite us asking. Seems a bit odd considering the time frames but this is my first purchase so I don't know.......

This is my first purchase too, We got a email breaking down the payment details and then a letter delivered that had the sort codes etc on them.

Id speak to them as they cant do much unless it's all paid up ! 

Yeh, I don't want things to be held up any longer. Our solicitor is incompetent to be honest. We hadn't heard from her so sent her a break down of the deposit, HTB ISA, etc etc  asking her to confirm and  she hasn't responded to anything. 

She had a call with us last week claiming a first time buyer was holding everything up in the chain. WE are the first time buyer and sent her everything months ago. Told her we didn't understand but she was adamant that there is another one in the chain
 (there isn't).

Basically, the solicitor likes to pass the blame at every chance  but she's solicitor at the top and bottom of the 2 property chain and is holding everyone up. She claimed she hadn't had responses to enquiries, when in reality she's had them a whole month and only conceded that when we told her she knew she had them.  

The only reason we know where we are at all with the sale is because the EA gives good updates when asked and we are also in direct contact with the seller. I'll be glad to see the back of her.

Like Mrs Monster says, you should have had a completion statement sent which breaks down all of the costs and what additional funds you need to pay to your solicitor ready for exchange. You can’t exchange until you have sent funds across. Might be best to email your solicitor and ask for your completion statement. Hopefully your solicitor sorts themselves out and completely agree about the EA, that’s the only way I have found out some key things about other parts of the chain too!

My completion statement has been filed now in the house file, if you are this close to completion you should have well paid it by now.

nekr0mantik

Monsternextdoor said:

nekr0mantik said:

good luck all!
my second valuation is tomorrow and once thats done I will need to give EA a call and ask them to talk direct to vendor about the no update to my solicitors requested changes to draft contract and property and fittings forms which were requested 1st August. 
I have no clue if vendor is being slow at getting back to his solicitor or is the vendors solicitors being slow. 

I was thinking about you this morning I hope all goes well ! 

Thanks
I hope so too! My original exchange date was this coming Friday as I instructed solicitor on 25th July with completion next week.
I think its 90% unlikely to complete before 30th so will loose extra £2500 on stamp duty!

House_owner

I proposed a completion date of 28th September to my solicitor today and she has agreed to pass it on to others in the chain, also requested exchange at least 2 weeks before that so removals can be booked. Feel like there is light at the end of the tunnel at last...!

HopeAndDriftWood

Good luck @House_owner and @nekr0mantik! 

We've had an update from our solicitors... we've now got another new solicitor. He feels that our lender should be made aware of the partial loft conversion, so has sent that to them for urgent response. He's also not totally satisfied with one of our enquiry responses... 

But he's not aware of any outstanding information for our buyer's solicitor and says the hold up is that they are having "mortgage issues", which our estate agent is denying but saying they can't contact him. 

I'm starting to feel like this is destined to go wrong...

WorriedKirkels

House_owner said:

I proposed a completion date of 28th September to my solicitor today and she has agreed to pass it on to others in the chain, also requested exchange at least 2 weeks before that so removals can be booked. Feel like there is light at the end of the tunnel at last...!

Good luck and a little bit jealous of the leisurely exchange / completion dates. We are supposed to complete Friday but haven’t even exchanged yet…..I don’t think I will have any nails left if it goes on much longer 😜 Nice to hear that for some it goes to plan 😃 

WorriedKirkels

SaucySecrets said:

Good luck @House_owner and @nekr0mantik! 

We've had an update from our solicitors... we've now got another new solicitor. He feels that our lender should be made aware of the partial loft conversion, so has sent that to them for urgent response. He's also not totally satisfied with one of our enquiry responses... 

But he's not aware of any outstanding information for our buyer's solicitor and says the hold up is that they are having "mortgage issues", which our estate agent is denying but saying they can't contact him. 

I'm starting to feel like this is destined to go wrong...

Gosh that sounds like a nightmare 🤯 can you push your EA to be more proactive? I know we were worried as 5 weeks in we had heard nothing about our buyers mortgage and no valuation but it came together in the end. Hope it’s something similar 🤞