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The NEW waiting to exchange thread...
Comments
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Good luck everyone. Let’s hope we all get some happy news this week 🌻0
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Back here again! It's been nearly four months since we sold our house and moved in with family. Finally, we've had an offer accepted on a house we love.
It's very early days and I've currently got that joyous remorseful worry - is it the right house? Will we regret it? What have we missed? We sold our last house due to noise from neighbours after only two years, so there's a lot riding on us getting it right this time. Terrified, but ultimately very excited.0 -
E_D_FTB said:
Oh my god, that sounds so stressful! And pretty unprofessional tbh. Our contract with our solicitor includes a fast completion fee, presumably to cover the cost of the additional work. But it's not totally unexpected or impossible, particularly at the moment. Plenty of people on here who have only had a day or two between exchange and completion.Nikki361984 said:
Thank you...fingers crossed for you too. Yeah I think solicitor's panicked me with an email about how with short exchange/completion date all the extra work they have to do and if I don't complete being in breach of contract just out the Willie's up me so to speakE_D_FTB said:
Only a few days between exchange and completion seems to have become the norm during the pandemic, and is sadly sticking around. We're meant to complete Thursday, and have been failing to exchange for over a week. Really hoping it happens tomorrow as the uncertainty is driving me mad with anxiety.Nikki361984 said:So finally I am due to exchange tomorrow for completion Tuesday. Do people do it this quickly? Solicitor's sent this email out about quick exchange/completions that have now given me anxiety! A ahhh I want it all to be done it's been soo stressful!
Fingers crossed for you tomorrow - will be looking out for good news!
Hey @E@E_D_FTB; not sure if you will remember me.
Just had a quick few reads of your posts. Congratulations, I hope exchange happens in the next few days for you, for completion on Thursday.
I am in the EXACT same boat as you now. Been waiting a week for the other side to sign their relevant documentation in order to exchange imminently for completion on Wednesday.
Congratulations to the both of us for our new homes.First Time Buyer
## April 2021 - DIP/AIP
15 July 2021 - House - Offer Accepted
16 July 2021 - Completed Mortgage Application/ Hard Check/ Income Verified [Straight 2 Lender, Without Broker]
16 July 2021 - Paid for Home Buyers Survey (Level 2); (Waiting for a date on the Survey)
21 July 2021 - Home Buyers Survey (Level 2); Booked
21 July 2021 - Home Buyers Survey (Level 2); Completed
21 July 2021 - Official Offer of Mortgage Completed by Lender [Mortgage Tracker]
21 July 2021 - Awaiting Conveyancing Next Steps !
28 September 2021 - Exchanged Contracts !
29 September 2021 - Planned Completion. My new home !0 -
Good luck to everyone trying to make the stamp duty holiday cut off this week!
We are hoping that our solicitor raises enquiries this week after being away on holiday for 2 weeks.
Feeling positive!2 -
Best of luck today for everyone hoping to meet the September deadline 🤞🤞🤞2
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Good luck to everyone else trying to meet the deadline this week! I’m waiting to hear where the all important document is. If it’s arrived or on its way to the sellers solicitors I feel positive I should meet it. If it’s got delayed or lost in the post then it’s going to be touch and go! 🤞28th April - MIP submitted and issued
23rd June - Offer Finally Accepted On A House!
23rd June - Full application submitted through broker
19th July - Mortgage offer received
23rd July - Draft contract received
26th July - Searches requested
2nd August - Survey completed2 -
It's a nightmare, isn't it?! Will be very glad when this over and we won't have to do this again for many many years.FirstTimePlx said:E_D_FTB said:
Oh my god, that sounds so stressful! And pretty unprofessional tbh. Our contract with our solicitor includes a fast completion fee, presumably to cover the cost of the additional work. But it's not totally unexpected or impossible, particularly at the moment. Plenty of people on here who have only had a day or two between exchange and completion.Nikki361984 said:
Thank you...fingers crossed for you too. Yeah I think solicitor's panicked me with an email about how with short exchange/completion date all the extra work they have to do and if I don't complete being in breach of contract just out the Willie's up me so to speakE_D_FTB said:
Only a few days between exchange and completion seems to have become the norm during the pandemic, and is sadly sticking around. We're meant to complete Thursday, and have been failing to exchange for over a week. Really hoping it happens tomorrow as the uncertainty is driving me mad with anxiety.Nikki361984 said:So finally I am due to exchange tomorrow for completion Tuesday. Do people do it this quickly? Solicitor's sent this email out about quick exchange/completions that have now given me anxiety! A ahhh I want it all to be done it's been soo stressful!
Fingers crossed for you tomorrow - will be looking out for good news!
Hey @E@E_D_FTB; not sure if you will remember me.
Just had a quick few reads of your posts. Congratulations, I hope exchange happens in the next few days for you, for completion on Thursday.
I am in the EXACT same boat as you now. Been waiting a week for the other side to sign their relevant documentation in order to exchange imminently for completion on Wednesday.
Congratulations to the both of us for our new homes.
Good luck today - I've got my fingers crossed for both of us!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 Completion0 -
Good luck! I feel like a lot of us on the thread deserve some good karma this week!arrows123 said:Good luck to everyone else trying to meet the deadline this week! I’m waiting to hear where the all important document is. If it’s arrived or on its way to the sellers solicitors I feel positive I should meet it. If it’s got delayed or lost in the post then it’s going to be touch and go! 🤞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 Completion2 -
We are hoping to exchange and complete today!Nikki361984 said:So finally I am due to exchange tomorrow for completion Tuesday. Do people do it this quickly? Solicitor's sent this email out about quick exchange/completions that have now given me anxiety! A ahhh I want it all to be done it's been soo stressful!0 -
Ah, good luck!!!Lorann_86 said:
We are hoping to exchange and complete today!Nikki361984 said:So finally I am due to exchange tomorrow for completion Tuesday. Do people do it this quickly? Solicitor's sent this email out about quick exchange/completions that have now given me anxiety! A ahhh I want it all to be done it's been soo stressful!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 Completion0
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