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...

1158415851587158915902067

Comments

  • E_D_FTB said:
    scottie21 said:
    Just had a phone call to say we are exchanging today!!! 
    SAME! Trying not to get my hopes up, though, as it's not the first time I've heard that!
    Weird how are we not only completion buddies, but exchange buddies & spray foam buddies 🤣🤣🤣
    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:
    E_D_FTB said:
    scottie21 said:
    Just had a phone call to say we are exchanging today!!! 
    SAME! Trying not to get my hopes up, though, as it's not the first time I've heard that!
    Weird how are we not only completion buddies, but exchange buddies & spray foam buddies 🤣🤣🤣
    Hahaha I know! Starting to wonder whether we're actually buying the same house :smile:
    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
  • hellosunshine17
    hellosunshine17 Posts: 23 Forumite
    10 Posts First Anniversary Name Dropper
    edited 23 September 2021 at 3:47PM
    Hi all, we finally have our mortgage offer, after being messed about for 17 weeks by Nationwide we jumped ship and got it all approved with HSBC in just one week!

    So now we're itching to get on with things but there's radio silence from our solicitor, who had previously been really good at keeping us updated. I've chased a few times but no response.

    Our searches are done, enquiries back, contracts signed...is there anything else before we can set exchange & completion? We need to give notice to our landlord tomorrow if we're moving in October, to me that sounds doable but I don't want to leave us homeless!
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    Hi all, we finally have our mortgage offer, after being messed about for 17 weeks by Nationwide we jumped ship and got it all approved with HSBC in just one week!

    So now we're itching to get on with things but there's radio silence from our solicitor, who had previously been really good at keeping us updated. I've chased a few times but no response.

    Our searches are done, enquiries back, contracts signed...is there anything else before we can set exchange & completion? We need to give notice to our landlord tomorrow if we're moving in October, to me that sounds doable but I don't want to leave us homeless!
    Sounds like you're pretty much there aside from transferring deposit funds, but there might be things outstanding if you're in a chain. If so, it might be worth chasing the EA for an update of where the other parties are at.

    I feel you on the notice issue - we have until the end of the month luckily, because I wouldn't be happy giving notice before exchange just in case.

    Hopefully you'll hear something from your solicitor soon!
    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
  • Thanks @E_D_FTB - no chain and we've already completed the forms to transfer deposit money from my LISA. 

    So nearly there yet still feels really far away! 
  • We are ready buyer ready buyers buyer not ready argh
  • E_D_FTB said:
    scottie21 said:
    E_D_FTB said:
    scottie21 said:
    Just had a phone call to say we are exchanging today!!! 
    SAME! Trying not to get my hopes up, though, as it's not the first time I've heard that!
    Weird how are we not only completion buddies, but exchange buddies & spray foam buddies 🤣🤣🤣
    Hahaha I know! Starting to wonder whether we're actually buying the same house :smile:
    Hopefully, as the spray foam will be removed 🤣🤣🤣 
    Did you exchange? We didn’t 😞 
    I rang to chase it and the solicitor had gone home for the day, hadn’t told me either way. I asked them to chase it as I needed to sort building insurance. So I just know we haven’t exchanged. I don’t know why 🤷🏼‍♀️
    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 
  • esubbs
    esubbs Posts: 134 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    We are ready buyer ready buyers buyer not ready argh
    We are ready buyer ready buyer's buyer ready buyer's buyer's buyer not ready. 🤣

    Anyone know how long it takes t receive a management pack?
    They've had eight weeks but I don't know when in those eight weeks it was requested, first I heard they were waiting for it was this week. 
  • E_D_FTB
    E_D_FTB Posts: 280 Forumite
    100 Posts Name Dropper
    scottie21 said:
    E_D_FTB said:
    scottie21 said:
    E_D_FTB said:
    scottie21 said:
    Just had a phone call to say we are exchanging today!!! 
    SAME! Trying not to get my hopes up, though, as it's not the first time I've heard that!
    Weird how are we not only completion buddies, but exchange buddies & spray foam buddies 🤣🤣🤣
    Hahaha I know! Starting to wonder whether we're actually buying the same house :smile:
    Hopefully, as the spray foam will be removed 🤣🤣🤣 
    Did you exchange? We didn’t 😞 
    I rang to chase it and the solicitor had gone home for the day, hadn’t told me either way. I asked them to chase it as I needed to sort building insurance. So I just know we haven’t exchanged. I don’t know why 🤷🏼‍♀️
    Nope, or at least I assume not. Haven't heard anything from our solicitor since giving authority this morning. Did get a text from Nationwide to say fund had been requested, though, so assume we're still on for completion.
    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:
    scottie21 said:
    E_D_FTB said:
    scottie21 said:
    E_D_FTB said:
    scottie21 said:
    Just had a phone call to say we are exchanging today!!! 
    SAME! Trying not to get my hopes up, though, as it's not the first time I've heard that!
    Weird how are we not only completion buddies, but exchange buddies & spray foam buddies 🤣🤣🤣
    Hahaha I know! Starting to wonder whether we're actually buying the same house :smile:
    Hopefully, as the spray foam will be removed 🤣🤣🤣 
    Did you exchange? We didn’t 😞 
    I rang to chase it and the solicitor had gone home for the day, hadn’t told me either way. I asked them to chase it as I needed to sort building insurance. So I just know we haven’t exchanged. I don’t know why 🤷🏼‍♀️
    Nope, or at least I assume not. Haven't heard anything from our solicitor since giving authority this morning. Did get a text from Nationwide to say fund had been requested, though, so assume we're still on for completion.
    It’s a rollercoaster 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 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

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

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.