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The NEW waiting to exchange thread...

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Comments

  • How are you all doing removals ? We are meant to exchange this week and move next Friday but i can't book anything until we exchange. It's driving me crazy 
  • How are you all doing removals ? We are meant to exchange this week and move next Friday but i can't book anything until we exchange. It's driving me crazy 
    I rented a van and will pack/drive/move myself. I was able to book one this Monday gone for Thursday through to Saturday (on the assumption that I will complete on Friday)

    I also wanted to wait until I exchanged to book but glad I didn’t because supposedly 3 days away from alleged completion date and still haven’t exchanged! 
    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 complete
  • Argh 😠 I am so fed up now! So the bottom of the chain haven’t got their funds across and will ‘pop’ into their solicitors tomorrow to drop their signed forms off….so we may be able to exchange tomorrow afternoon but not likely!!!

    So looks like exchange is likely to happen the day before we are supposed to complete. This last stretch is definitely tested by my anxiety levels 😕 😬 🤯🙏
    Oh no that is so frustrating and stressful! 
    It is so close but will have to happen for you soon. It is so annoying when other people don’t seem to see the urgency when it gets to this stage and take their sweet time! 
    Everything crossed for you! 
  • MayMark said:
    We exchanged today!! Anyone following my story, it’s been a long one but basically we are a chain of 5, got told 2 months ago that we were all ready to exchange and then every single day for 2 months a reason came up as to why we couldn’t exchange! But today we made it!!!!! Even the sales progresser at the estate agent cried of happiness 😂😂😂
    I remember! So glad to hear it’s finally happened. That is a lot of stress to endure - two months of daily frustration and disappointment!

    Delighted to hear the news and soon you can enjoy your new home! Well done. 
  • nekr0mantik
    nekr0mantik Posts: 379 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 7 September 2021 at 11:34PM
    My second application with halifax had the valuation done today but the report was not submitted today even though ESERV said they normally submit report same day. Hope report gets submitted tomorrow AM.
    Got news from EA that management pack should be with solicitor end of the week but we shall see. 
  • Hoping to exchange next week! Started process in April knowing that tenanted until 12th September - they are moving out this weekend and then we have a final viewing on Monday to check all as it should be and our solicitor has asked seller's solicitor for 14th exchange and complete on the same day (no chain). 

    Despite being told by EA seller was keen for completion ASAP after tenants are out, our solicitor hasn't heard back yet from seller's sol that the date is OK. We have sent deposit money and mortgage monies have been ordered for the 13th but no word. Should we be worrying - I'm going to contact EA tomorrow just to push seller for confirmation through their solicitor - feels like the very last little box we need ticking now and then it's finally over so keen to get it tied up and 14th confirmed.
  • Hi everyone,
    Could someone advise me if I am being impatient or is this normal.
    We received the memorandum of sale 25 August and since then draft contracts have gone out to our buyers solicitors and we have our mortgage offer. However there is still nothing from the vendors solicitors? I was told yesterday one document was missing but this had been resolved but still nothing. It seems like a long time for me to not to receive initial documents??
    This happened with me, I spoke to the EA who chased it and got it re-sent on. That was two weeks ago now and I haven’t heard anything. I’m trying to be confident that they are working in the background as our sale is pretty much done, after accepting an offer end of July. It would seem my solicitors ethos is: “don’t expect regular updates, it will happen when it happens but that will be super quick”. Don’t get me wrong I love the efficiency and don’t want to mither them, but it would just be nice to have an idea of where things are up to also. 
    I feel your pain!!
    As long as they get us through for the end of the month I’ll be happy. 
    19/7: Sale property on market
    24-25/7: 22 viewings on sale property
    24/7: Viewed purchase, probate awaited, no chain
    27/7: Offer accepted on sale (above asking price) FTBs
    28/7: Asking price offer placed on purchase
    29/7: Offer accepted on purchase
    11/8: Mortgage appointment with natwest
    12/8: Mortgage application submitted
    13/8: Valuation done on sale
    13/8: Valuation on purchase booked for 31/8
    16/8: Sale valued at offer price 
    18/8: Valuer for sale turned up early, valued at offer price
    19/8: Mortgage offer received
    26/8: Full structural survey done on sale property. Informed probate granted. 
    3/9: Survey report received, some untoward findings
    8/9: Second viewing, decision to reduce offer
    10/9: Reduced offer submitted following building quote
    11/9: Transfer form & contract signed for sale
    13/9: Sale searches back
    14/9: Reduced offer accepted
    16/9: Mortgage appointment to amend application
    17/9: All searches back on purchase
    18/9: Contract & transfer form
    signed on purchase
    20/9: Amended mortgage offer received 
    21/9: Mortgage redemption requested 
    22/9: Draft completion statements received 
    24/9: Exchanged contracts
    30/9: Proposed completion 
  • Day 3 of attempting to exchange..... Solicitor at the top of the chain is very silent, to the point where even their client is having to call them to chase!
  • Well the commute has started and it is tiring for everyone. We will get used to it I'm sure but this process is so stressful. 
    Still waiting for the enquiries report for our onward purchase, but verbally the solicitor said we should be good to go now. 
    Our buyer said that they have the searches back and enquiries have been raised but not yet set to our solicitor ( they are being checked?) 
    I really hope we get this done by the end of this month. Saving a little bit on SD but also not having to commute for longer than a month. I just want to move now :(
  • Lorann_86 said:
    Well the commute has started and it is tiring for everyone. We will get used to it I'm sure but this process is so stressful. 
    Still waiting for the enquiries report for our onward purchase, but verbally the solicitor said we should be good to go now. 
    Our buyer said that they have the searches back and enquiries have been raised but not yet set to our solicitor ( they are being checked?) 
    I really hope we get this done by the end of this month. Saving a little bit on SD but also not having to commute for longer than a month. I just want to move now :(
    Same. It’s a feeling of limbo isn’t it? 
    19/7: Sale property on market
    24-25/7: 22 viewings on sale property
    24/7: Viewed purchase, probate awaited, no chain
    27/7: Offer accepted on sale (above asking price) FTBs
    28/7: Asking price offer placed on purchase
    29/7: Offer accepted on purchase
    11/8: Mortgage appointment with natwest
    12/8: Mortgage application submitted
    13/8: Valuation done on sale
    13/8: Valuation on purchase booked for 31/8
    16/8: Sale valued at offer price 
    18/8: Valuer for sale turned up early, valued at offer price
    19/8: Mortgage offer received
    26/8: Full structural survey done on sale property. Informed probate granted. 
    3/9: Survey report received, some untoward findings
    8/9: Second viewing, decision to reduce offer
    10/9: Reduced offer submitted following building quote
    11/9: Transfer form & contract signed for sale
    13/9: Sale searches back
    14/9: Reduced offer accepted
    16/9: Mortgage appointment to amend application
    17/9: All searches back on purchase
    18/9: Contract & transfer form
    signed on purchase
    20/9: Amended mortgage offer received 
    21/9: Mortgage redemption requested 
    22/9: Draft completion statements received 
    24/9: Exchanged contracts
    30/9: Proposed completion 
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