The NEW waiting to exchange thread...

arrows123

I've been sent the draft completion statement, signed all the docs, just waiting for a date which I think will be next week for exchange and completion!! 

Newdrake88

arrows123 said:

I've been sent the draft completion statement, signed all the docs, just waiting for a date which I think will be next week for exchange and completion!! 

Great news, still silent here 😭

Newdrake88

So update from EA - vendor solicitor has had the enquiries a week and not even looked at them 

toniq

Our solicitor has tried to call new build solicitor for answer to indemnity condition, no response, everything else done just the indemnity conditions, solicitors hoping today or Monday… dragged on since April I’m so exhausted with it all.

good luck all 

Newdrake88

Question, has anyone asked their solicitor To bypass enquiries?  My solicitor says they are pretty standard ones and couple which are more complex but will be covered with an indemnity policy (shock horror) 

I am happy to pay for the indemnity policies myself, anyone any experience of this?

Rincewindcl

Newdrake88 said:

Question, has anyone asked their solicitor To bypass enquiries?  My solicitor says they are pretty standard ones and couple which are more complex but will be covered with an indemnity policy (shock horror) 

I am happy to pay for the indemnity policies myself, anyone any experience of this?

A good friend of mine asked his solicitor to forget their enquiries as the whole transaction was running close to the wire, so it can be done.

Rincewindcl

My mortgage funds are with my solicitor  so we are good for completion on Monday. This has been a very long 8 months!

Newdrake88

Rincewindcl said:

Newdrake88 said:

Question, has anyone asked their solicitor To bypass enquiries?  My solicitor says they are pretty standard ones and couple which are more complex but will be covered with an indemnity policy (shock horror) 

I am happy to pay for the indemnity policies myself, anyone any experience of this?

A good friend of mine asked his solicitor to forget their enquiries as the whole transaction was running close to the wire, so it can be done.

And his solicitor agreed?

ss2020jd

scottie21 said:

ss2020jd said:

Congrats to those I’ve seen who have finally made progress and good luck to the rest of us for some good news today.

Our time left to exchange and meet the deadline is rapidly dwindling as I think solicitors are away in between as well. 

I’m beginning to think the stress of trying to meet the deadline is not worth the money it’s saving! Not very MSE of me I know haha, but the rush to get there at all costs is the root of all the anxiety, not to mention other’s inactivity.

As you said to me, don’t give up-at least we have tried!!

To be honest we had budgeted for SDLT, and we’re initially told by 3 separate EAs that it would be 4 months for conveyancing, so to get it done pre 30/9 would be amazing, but at this point it is a lot of stress for money we didn’t have anyway, and I’m honestly not that bothered if it’s after, I just wish they would give us a date so we can plan. It’s the not knowing that’s the hard bit. 

Fingers crossed for some news for everyone today 🤞🏼🤞🏼🤞🏼

Thank you for the renewed hope! It worked we have exchanged and completion for when we hoped for so 🤞🤞🤞  
Hope you have some progress too… now going to catch up on the rest of the thread to see if you have! 

Waunakee

Newdrake88 said:

Question, has anyone asked their solicitor To bypass enquiries?  My solicitor says they are pretty standard ones and couple which are more complex but will be covered with an indemnity policy (shock horror) 

I am happy to pay for the indemnity policies myself, anyone any experience of this?

I think it will depend on the nature of the enquiries.Be mindful that your solicitors are also acting on behalf of your lender and it may be the case that certain enquiries have to be completed to satisfy your lenders requirements.