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The NEW waiting to exchange thread...

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Comments

  • MrsBrush said:
    Having a torrid time on ours.

    Our solicitor raised enquiries on search results on 04/08. Waited three weeks and no update. I did my own snooping and the sellers solicitor (recommended by EA, of course) hadn’t even submitted enquiries to local council.

    EA tells me they’d been overlooked but were submitted just before bank holiday in August and we’ve been waiting ever since. Chased today but still no progress. 

    Our buyer (cash buyer) has been waiting over a month (we are all done on our sale) so the stress is really cranking up that we could lose all this at the last minute through a solicitors complete inept ability. 

    Have to beat the stamp duty deadline. No ifs no buts.
    That’s how we are we need to beat the deadline, EA are chasing vendors solicitors but no reply from so far 
    If there were some sort of come-back on the solicitors who sit on things and (seemingly) do nothing for weeks, surely everything would work far more smoothly with a lot less stress for everyone.

    Similar position, our sellers solicitors are terrible, but we decided a while ago that whilst the £2500 saving would be handy it isn't a deal breaker for us. But, our purchase depends on our sale,  and all parties in the chain below have been ready to complete since July!!  So far, with a bit of persuasion, the chain below have been incredibly patient but I suspect that is wearing thin now.
    Yes we said if we have to pay it then we will but if we miss it by days then that will be a hard pill to swallow! £2500 saving 😩
    I echo this sentiment, if we miss it it will be by days!! 
    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 
  • scottie21 said:
    MrsBrush said:
    Having a torrid time on ours.

    Our solicitor raised enquiries on search results on 04/08. Waited three weeks and no update. I did my own snooping and the sellers solicitor (recommended by EA, of course) hadn’t even submitted enquiries to local council.

    EA tells me they’d been overlooked but were submitted just before bank holiday in August and we’ve been waiting ever since. Chased today but still no progress. 

    Our buyer (cash buyer) has been waiting over a month (we are all done on our sale) so the stress is really cranking up that we could lose all this at the last minute through a solicitors complete inept ability. 

    Have to beat the stamp duty deadline. No ifs no buts.
    That’s how we are we need to beat the deadline, EA are chasing vendors solicitors but no reply from so far 
    If there were some sort of come-back on the solicitors who sit on things and (seemingly) do nothing for weeks, surely everything would work far more smoothly with a lot less stress for everyone.

    Similar position, our sellers solicitors are terrible, but we decided a while ago that whilst the £2500 saving would be handy it isn't a deal breaker for us. But, our purchase depends on our sale,  and all parties in the chain below have been ready to complete since July!!  So far, with a bit of persuasion, the chain below have been incredibly patient but I suspect that is wearing thin now.
    Yes we said if we have to pay it then we will but if we miss it by days then that will be a hard pill to swallow! £2500 saving 😩
    I echo this sentiment, if we miss it it will be by days!! 
    I’ll actually be mad, I think the worst part is it’s out of my control, if I could do my own conveyancing it would be done but you are relying on a 3rd party who can’t be contacted by you directly!!!
  • scottie21 said:
    MrsBrush said:
    Having a torrid time on ours.

    Our solicitor raised enquiries on search results on 04/08. Waited three weeks and no update. I did my own snooping and the sellers solicitor (recommended by EA, of course) hadn’t even submitted enquiries to local council.

    EA tells me they’d been overlooked but were submitted just before bank holiday in August and we’ve been waiting ever since. Chased today but still no progress. 

    Our buyer (cash buyer) has been waiting over a month (we are all done on our sale) so the stress is really cranking up that we could lose all this at the last minute through a solicitors complete inept ability. 

    Have to beat the stamp duty deadline. No ifs no buts.
    That’s how we are we need to beat the deadline, EA are chasing vendors solicitors but no reply from so far 
    If there were some sort of come-back on the solicitors who sit on things and (seemingly) do nothing for weeks, surely everything would work far more smoothly with a lot less stress for everyone.

    Similar position, our sellers solicitors are terrible, but we decided a while ago that whilst the £2500 saving would be handy it isn't a deal breaker for us. But, our purchase depends on our sale,  and all parties in the chain below have been ready to complete since July!!  So far, with a bit of persuasion, the chain below have been incredibly patient but I suspect that is wearing thin now.
    Yes we said if we have to pay it then we will but if we miss it by days then that will be a hard pill to swallow! £2500 saving 😩
    I echo this sentiment, if we miss it it will be by days!! 
    I’ll actually be mad, I think the worst part is it’s out of my control, if I could do my own conveyancing it would be done but you are relying on a 3rd party who can’t be contacted by you directly!!!
    Yes I completely agree - that’s the worst part!!! So frustrating! 

    Still no news our end - radio silence since last week when both us and our seller were ready to exchange. Even the EA has not responded to us and we were supposed to go and view to measure up. The solicitors at top of the chain are apparently still waiting for their client’s signed contract! How long does that take to return?! Surely not seven days (five working days). 

    Hoping for better news for everyone waiting for tomorrow! 
  • Hi all.... I took a while off for my mental health because my sale wasn't going anywhere.  It's STILL not going anywhere and I've hit utter frustration... the vendor hasn't answered any new enquiries since the end of June (except to say that they're not willing to pay for any part of my stamp duty). They're not even forwarding on documentation about the timeline of the enquiries that they say they're waiting for answers from the landlord about - if they've asked in a timely manner and haven't had a reply then they should have nothing to hide, right?

    So I'm going to go back out looking and if I find something better I'm going for it.
  • So the vendor's solicitor has responded to our enquiries with... no response. She's claiming that the vendor hasn't answered the questions asked of them a month ago yet, but the EA spoke to the vendor yesterday who said she answered the enquiries a few weeks ago. The vendor's conveyancer also claims to be chasing the vendor for answers, but she's the one that it took days for anyone to get hold of, so I find that difficult to believe. I think she's just stalling to try and have one less case to try and fit in before the stamp duty holiday ends. 
    "We're going to need a bigger boat."
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    scottie21 said:
    @House_owner Glad you're feeling better - sorry that completion still can't be decided. I hope you make the holiday! 

    I think our move ends here. No update from the buyer on timescales for his new mortgage valuations... but our solicitor revisited the partial loft conversion with our bank, and they've now decided they'd like to do a physical valuation. They requested access last week but our solicitor hasn't responded, so they're now saying it'll be next week at the earliest, and we knew nothing about it. I suspect the spray foam upstairs will put an end to this, even though we'd decided to remove it when we move in... 

    No hard news from up the chain yet, but I sort of wish it'd end so I could stop holding on to the hope.
    Who is your lender? It isn’t an issue with all of them with the spray foam. 
    This is very true - we're going through Nationwide who did a physical valuation but didn't have a problem with it for our mortgage. If you're planning on removing it anyway, then hopefully it'll be okay.
    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 Completion
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    Just catching up - looks like some small progress and a lot of frustration. Hang in there everyone! Also, agree with those saying second viewings can remind you why you're putting yourself through this - we did the same and it gave us a little bit more motivation when we were feeling really worn down by it all.

    We've been enjoying the sandy beaches of the South Welsh coast this week, and trying to take a break from the house stress, and while we have the rest of the chain seems to have sorted itself out. Funds requested by our solicitor for deposit Tuesday evening, and apparently we're looking at exchange either today or tomorrow! A lovely surprise for the end of our holiday!
    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 Completion
  • E_D_FTB said:
    Just catching up - looks like some small progress and a lot of frustration. Hang in there everyone! Also, agree with those saying second viewings can remind you why you're putting yourself through this - we did the same and it gave us a little bit more motivation when we were feeling really worn down by it all.

    We've been enjoying the sandy beaches of the South Welsh coast this week, and trying to take a break from the house stress, and while we have the rest of the chain seems to have sorted itself out. Funds requested by our solicitor for deposit Tuesday evening, and apparently we're looking at exchange either today or tomorrow! A lovely surprise for the end of our holiday!
    👏🏼👏🏼👏🏼 So pleased for you
    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 
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    scottie21 said:
    E_D_FTB said:
    Just catching up - looks like some small progress and a lot of frustration. Hang in there everyone! Also, agree with those saying second viewings can remind you why you're putting yourself through this - we did the same and it gave us a little bit more motivation when we were feeling really worn down by it all.

    We've been enjoying the sandy beaches of the South Welsh coast this week, and trying to take a break from the house stress, and while we have the rest of the chain seems to have sorted itself out. Funds requested by our solicitor for deposit Tuesday evening, and apparently we're looking at exchange either today or tomorrow! A lovely surprise for the end of our holiday!
    👏🏼👏🏼👏🏼 So pleased for you
    Thanks! Such a relief to finally be at the end of this nightmare! 😂
    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 Completion
  • *If* we can find movers, it looks like we are completing on 30th September!  Our vendors are moving on that date, and our buyers rental period ends on the 30th.  I had planned to get packers in but I’m now just happy with a van.  The company popping round tomorrow to survey apparently has *a* space.  We are only moving 5 minutes drive away so there’s the potential for shuttle runs.
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