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
-
Deja vu here. After being ready to exchange since late last week on our side and the seller’s side, we are still no nearer to actually doing so.
Apparently the seller’s solicitor has been ‘unavailable’ all day. This also happened with other parties’ solicitors when we were selling, so know that something is holding thing up.The seller wanted two weeks between exchange and completion and we have done everything to accommodate this and their chosen date for completion. They were pushing for exchange last week themselves so no idea what their solicitor is doing.
The EA has been chasing too but I’m conscious that the solicitors I am using will be closed for the rest of the week so if it doesn’t happen today or first thing tomorrow I don’t even know when it will.
Back to biting nails again and eating copious amounts of chocolate!Good luck to everyone else. When I calm down I will read everyone else’s progress, or lack of it!Thank goodness we all know what we the norm seems to be and have somewhere to vent and share experiences.0 -
Fantastic news that the vendor has accepted the lower offer 😁scottie21 said:
Update, good news: vendor has agreed to price negotiation, we just need to adjust our mortgage application. Bad news (there’s always bad news): they’re away for 3 weeks from 22ndscottie21 said:So our vendor is apparently quite upset that the spray foam insulation he was told would improve his home is actually detrimental and knocking value down, so we are waiting to hear about our reduced offer. It’s the stamp duty deadline in 16 days, and we’ll need to adjust our mortgage application, so it’s all starting to get a bit nail biting 😬😬😬 we are packing anyway, just hope we can get a date soon, and get a removal company, if there is availability. Is anyone else cutting it fine?
so need all paperwork to them to be signed by then. Even more nail biting than waiting 😬😬😬1 -
Congratulations 🥳neydejean said:After 24 weeks of anticipation I did indeed complete last Friday 10th September. Moving has been stressful but the house is shaping up to be all I wanted0 -
Oh no, it’s so frustrating! I’m checking back to see how everyone is getting on and hopefully next time I pop on the thread you will have exchanged 🤞🏡🔑ss2020jd said:Deja vu here. After being ready to exchange since late last week on our side and the seller’s side, we are still no nearer to actually doing so.
Apparently the seller’s solicitor has been ‘unavailable’ all day. This also happened with other parties’ solicitors when we were selling, so know that something is holding thing up.The seller wanted two weeks between exchange and completion and we have done everything to accommodate this and their chosen date for completion. They were pushing for exchange last week themselves so no idea what their solicitor is doing.
The EA has been chasing too but I’m conscious that the solicitors I am using will be closed for the rest of the week so if it doesn’t happen today or first thing tomorrow I don’t even know when it will.
Back to biting nails again and eating copious amounts of chocolate!Good luck to everyone else. When I calm down I will read everyone else’s progress, or lack of it!Thank goodness we all know what we the norm seems to be and have somewhere to vent and share experiences.1 -
Thanks so much @WorriedKirkels - so good for you to take the time to respond in the midst of everything!WorriedKirkels said:
Oh no, it’s so frustrating! I’m checking back to see how everyone is getting on and hopefully next time I pop on the thread you will have exchanged 🤞🏡🔑ss2020jd said:Deja vu here. After being ready to exchange since late last week on our side and the seller’s side, we are still no nearer to actually doing so.
Apparently the seller’s solicitor has been ‘unavailable’ all day. This also happened with other parties’ solicitors when we were selling, so know that something is holding thing up.The seller wanted two weeks between exchange and completion and we have done everything to accommodate this and their chosen date for completion. They were pushing for exchange last week themselves so no idea what their solicitor is doing.
The EA has been chasing too but I’m conscious that the solicitors I am using will be closed for the rest of the week so if it doesn’t happen today or first thing tomorrow I don’t even know when it will.
Back to biting nails again and eating copious amounts of chocolate!Good luck to everyone else. When I calm down I will read everyone else’s progress, or lack of it!Thank goodness we all know what we the norm seems to be and have somewhere to vent and share experiences.
I hope things are going well and you are happily enjoying your new home!1 -
Ditto that!ss2020jd said:
Thanks so much @WorriedKirkels - so good for you to take the time to respond in the midst of everything!WorriedKirkels said:
Oh no, it’s so frustrating! I’m checking back to see how everyone is getting on and hopefully next time I pop on the thread you will have exchanged 🤞🏡🔑ss2020jd said:Deja vu here. After being ready to exchange since late last week on our side and the seller’s side, we are still no nearer to actually doing so.
Apparently the seller’s solicitor has been ‘unavailable’ all day. This also happened with other parties’ solicitors when we were selling, so know that something is holding thing up.The seller wanted two weeks between exchange and completion and we have done everything to accommodate this and their chosen date for completion. They were pushing for exchange last week themselves so no idea what their solicitor is doing.
The EA has been chasing too but I’m conscious that the solicitors I am using will be closed for the rest of the week so if it doesn’t happen today or first thing tomorrow I don’t even know when it will.
Back to biting nails again and eating copious amounts of chocolate!Good luck to everyone else. When I calm down I will read everyone else’s progress, or lack of it!Thank goodness we all know what we the norm seems to be and have somewhere to vent and share experiences.
I hope things are going well and you are happily enjoying your new home!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 completion1 -
Feeling a bit deflated today.... Nearly 6 weeks since the very small chain was complete to be told that my vendors are only at the very early stages of their purchase and that their vendor passed away after the offer was accepted so now need to wait for probate...
Im staying with family at the moment after a break up and whilst I'm grateful for the savings I'm managing to make I really am looking forward to my own space again and it just seems so far away after todays news
0 -
Oh no, so sorry to hear that @waitingforsomething 😢, that is very upsetting news.waitingforsomething said:Feeling a bit deflated today.... Nearly 6 weeks since the very small chain was complete to be told that my vendors are only at the very early stages of their purchase and that their vendor passed away after the offer was accepted so now need to wait for probate...
Im staying with family at the moment after a break up and whilst I'm grateful for the savings I'm managing to make I really am looking forward to my own space again and it just seems so far away after todays newsI know that can take time but hope that it’s as swift as it can be and that you can soon have your own space and some extra savings to enjoy it with 🤞0 -
So glad to hear some good news @scottie21 but argh on the deadline and vendor away news.scottie21 said:
Update, good news: vendor has agreed to price negotiation, we just need to adjust our mortgage application. Bad news (there’s always bad news): they’re away for 3 weeks from 22ndscottie21 said:So our vendor is apparently quite upset that the spray foam insulation he was told would improve his home is actually detrimental and knocking value down, so we are waiting to hear about our reduced offer. It’s the stamp duty deadline in 16 days, and we’ll need to adjust our mortgage application, so it’s all starting to get a bit nail biting 😬😬😬 we are packing anyway, just hope we can get a date soon, and get a removal company, if there is availability. Is anyone else cutting it fine?
so need all paperwork to them to be signed by then. Even more nail biting than waiting 😬😬😬Hopefully they’ll be as keen to get it all signed and sealed so wishing you speedy resolution and that you still have some nails left by then! 😬0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards