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.
The NEW waiting to exchange thread...
Comments
-
Sorry to hear this @Newdrake88. Hope it's nothing too serious.Newdrake88 said:
Yes I know that’s what will p**s me off too, but we had some bad news about a familyarrows123 said:@Newdrake88
Mines taken an unexpected turn too. After yesterday expecting to complete on Friday, it's now not happening. The transfer document isn't with the solicitor from my sellers yet. One of them is abroad and it's been sent there for them to sign to then send back for the other half to sign and then needs to get to their solicitors before a date can be agreed and only then can my solicitor request the funds. Apparently it's due back to the other half here any day, I would hope it's been couriered and would expect them to be able to track it but who knows. Cutting it really fine now for end of the month. This was my worst fear that something simple would end up costing me £2500 for a day or so.
members health today so you know what at the end of the day it’s just money isn’t it
hope you get things sorted
After being told by the EA that the vendor had responded to all the enquiries yesterday, the update from my solicitor today is that she hasn't received the buildings insurance certificate and there's still one outstanding enquiry. So I think the vendor's conveyancer must be sitting on the responses. Back to asking the EA to chase the vendor's solicitor to send them to mine tomorrow."We're going to need a bigger boat."0 -
Not good news unfortunately but it’s put things into perspective for us, stressing to save some money but really it’s not importantBookgal88 said:
Sorry to hear this @Newdrake88. Hope it's nothing too serious.Newdrake88 said:
Yes I know that’s what will p**s me off too, but we had some bad news about a familyarrows123 said:@Newdrake88
Mines taken an unexpected turn too. After yesterday expecting to complete on Friday, it's now not happening. The transfer document isn't with the solicitor from my sellers yet. One of them is abroad and it's been sent there for them to sign to then send back for the other half to sign and then needs to get to their solicitors before a date can be agreed and only then can my solicitor request the funds. Apparently it's due back to the other half here any day, I would hope it's been couriered and would expect them to be able to track it but who knows. Cutting it really fine now for end of the month. This was my worst fear that something simple would end up costing me £2500 for a day or so.
members health today so you know what at the end of the day it’s just money isn’t it
hope you get things sorted
After being told by the EA that the vendor had responded to all the enquiries yesterday, the update from my solicitor today is that she hasn't received the buildings insurance certificate and there's still one outstanding enquiry. So I think the vendor's conveyancer must be sitting on the responses. Back to asking the EA to chase the vendor's solicitor to send them to mine tomorrow.
hope everyone else meets the deadline, I’m rooting for you all 😂😂0 -
Puts life in to perspective doesn’t it?Hope you get sorted.Newdrake88 said:
Not good news unfortunately but it’s put things into perspective for us, stressing to save some money but really it’s not importantBookgal88 said:
Sorry to hear this @Newdrake88. Hope it's nothing too serious.Newdrake88 said:
Yes I know that’s what will p**s me off too, but we had some bad news about a familyarrows123 said:@Newdrake88
Mines taken an unexpected turn too. After yesterday expecting to complete on Friday, it's now not happening. The transfer document isn't with the solicitor from my sellers yet. One of them is abroad and it's been sent there for them to sign to then send back for the other half to sign and then needs to get to their solicitors before a date can be agreed and only then can my solicitor request the funds. Apparently it's due back to the other half here any day, I would hope it's been couriered and would expect them to be able to track it but who knows. Cutting it really fine now for end of the month. This was my worst fear that something simple would end up costing me £2500 for a day or so.
members health today so you know what at the end of the day it’s just money isn’t it
hope you get things sorted
After being told by the EA that the vendor had responded to all the enquiries yesterday, the update from my solicitor today is that she hasn't received the buildings insurance certificate and there's still one outstanding enquiry. So I think the vendor's conveyancer must be sitting on the responses. Back to asking the EA to chase the vendor's solicitor to send them to mine tomorrow.
hope everyone else meets the deadline, I’m rooting for you all 😂😂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 completion0 -
Hello everyone! Long time stalker/looker of posts 😅 Go easy!We are FTB moving from England to Scotland! We are so excited! I’m not completely savvy with all of the terminology, but I understand most things, and the differences between buying in Scotland rather than England.I guess our first official date started on the 8th September, the Solicitor made an offer to the buyers solicitor and they promptly accepted, and then a formal qualified acceptance a few days later! My solicitor gave a date to complete on the 15th October, at least that’s what we are working towards! The house is vacant, so no hold ups there!0
-
I'm sorry, @Newdrake88. I hope the family member is as well as possible.
Our estate agent has been lovely today, really communicative. She's helped our buyer with his appeal. I've no idea how long that usually takes... I suspect he'll come and ask for money off. Part of me thinks I'd do it, if we could get it done by next Friday so I didn't have the SDLT on top
The waiting is very frustrating.Signature down for maintenance :rotfl:0 -
Hi everyone ☺️ I've finally caught up on the thread after taking a break. Massive congratulations to all those who have exchanged/completed. Hooray for @Monsternextdoor @Cookie211 @WorriedKirkels @bailyleykxo @cheeky-peach @tanpopo @Rincewindcl @ss2020jd @MayMark @vixst @neydejean @Kazzam1984 @Elle83 @toniq @clare19811 @Ally_E. @heartofzinc @James-may @mat1964🎉🎉🎉
It's a comfort to see that some long time companions on here have made it & gives me hope that we might too. If you've completed, I wish you happiness in your new homes 🌻
6 -
Our story so far: offers accepted on sale and purchase in Oct/Nov 2020. After 7 months our first purchase collapsed at exchange when our sellers pulled out. Offer accepted on 2nd house on 1st June 21 (market had changed - less to buy and more expensive). Agent said we could get more for ours, but decided to keep original buyer cos we thought it was right. Chain completed and then we all had long wait for searches to come back. Top of chain (TOC) pulled out of buying their probate property in August (just changed their minds). They agreed to go into rental & we all pushed hard once searches/enquiries came back (mid August) to give TOC time to find rental. We were hoping to move in early Sep, but that didn't happen - not helped by 2 unresponsive solicitors. Finally, last Thursday agent rockets our Solicitor (she'd been ignoring our emails/calls) & she springs into action. Friday she confirms that we're ready to exchange and can talk dates. Blimey, this bit's stressful isn't it 🤯 Top three in chain have agreed dates in Oct (tried for end Sep, but no removals to be had & can't get leave). Out of blue, our buyers are saying they can't move till end Nov/early Dec. What??? We've been updating them on chain's progress through agent, but not sure if he passed it all on. Now we have TOC threatening to pull out (please calm down), buyers not responded to agent in last few days & our sol hasn't heard from buyers' sol. Sigh. Given that our last chain collapsed at exchange, we're just a bit anxious 😳
1 -
@Newdrake88 Yes, perspective on all this nonsense is important (not least for our sanity). Sorry to hear about your family member.0
-
This sounds really stressful, especially having gone on for so long! How are you coping? Hopefully once the rush of the next week is out of the way you will get some positive news!birdmadgirl8 said:Our story so far: offers accepted on sale and purchase in Oct/Nov 2020. After 7 months our first purchase collapsed at exchange when our sellers pulled out. Offer accepted on 2nd house on 1st June 21 (market had changed - less to buy and more expensive). Agent said we could get more for ours, but decided to keep original buyer cos we thought it was right. Chain completed and then we all had long wait for searches to come back. Top of chain (TOC) pulled out of buying their probate property in August (just changed their minds). They agreed to go into rental & we all pushed hard once searches/enquiries came back (mid August) to give TOC time to find rental. We were hoping to move in early Sep, but that didn't happen - not helped by 2 unresponsive solicitors. Finally, last Thursday agent rockets our Solicitor (she'd been ignoring our emails/calls) & she springs into action. Friday she confirms that we're ready to exchange and can talk dates. Blimey, this bit's stressful isn't it 🤯 Top three in chain have agreed dates in Oct (tried for end Sep, but no removals to be had & can't get leave). Out of blue, our buyers are saying they can't move till end Nov/early Dec. What??? We've been updating them on chain's progress through agent, but not sure if he passed it all on. Now we have TOC threatening to pull out (please calm down), buyers not responded to agent in last few days & our sol hasn't heard from buyers' sol. Sigh. Given that our last chain collapsed at exchange, we're just a bit anxious 😳
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 -
@scottie1 Definitely feeling the stress - not helped by crazy workload. Must admit we're struggling to sleep! I know you're feeling it too, so good luck and positive vibes in your direction.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards