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...

1161016111613161516162067

Comments

  • Smith6789 said:
    Smith6789 said:
    Smith6789 said:
    Hi all! Been following so thought I would chip in as we are getting increasingly inpatient and just wanted to move in 😂

    We are FTB, living in a rented flat surrounded by booming house music and screaming most nights, originally due to move out around April/May but sale fell through. Timeline below...

    15/01 - Offer accepted
    15/01 - Solicitors instructed
    21/01 - 1st meeting with mortgage broker
    20/01 - Mortgage application submitted
    05/02 - Title received and searches sent
    15/02 - Enquiries sent to sellers solicitors
    01/03 - Mortgage offer received
    06/04 - Enquiry responses received and accepted
    12/04 - Draft contract received from sellers & signed
    14/04 - Agreed 27/04 exchange & completion date with seller
    16/04 - Funds transferred
    27/04 - Seller ghosted SOL and EA, no exchange
    30/04 - Seller agreed to 10/05 new exchange and completion date
    10/05 - Seller ghosts SOL and EA, no exchange
    17/05 - Chain fell through, pulled out of purchase
    15/06 - Offer accepted on new property
    15/06 - New solictors instructed
    16/06 - Mortgage application submitted (not through broker)
    28/06 - Property searches sent
    29/06 - New mortgage approved
    02/07 - New mortgage offer received
    10/07 - Local authority searches received
    04/08 - Draft contract and search result received
    05/08 - Enquiries raised 

    Now just waiting for responses to enquiries. Originally were told the sellers were keen to move in Summer hols resulting in us trying to act as quick as possible but we haven't heard back from them nearly 4 weeks now. We have chased multiple times. It's very hard to not be scared of everything going wrong again!

    Anyway, good luck to everyone else hopefully lots of good news is coming for everyone 🤞🤞🤞🤞🤞🤞🤞
    Small update here. We had majority of enquiry responses back on 2nd September, however still waiting for some outstanding enquiries which we are so so so hoping come back this week with no issues! Chased EA who said sellers solicitor should be sending this week...

    If this happens we can talk about a completion date, but things just seem to take soooo long. A few weeks for something to be sent, then a week to receive, then a week to look through, then a week to reply etc etc. Before you know it months have gone by with no progress. 

    However only 14 weeks into our second purchase so I guess its not too long. Just feels like longer as it's been 37 weeks since we originally started this process. Trying to keep the faith without being too paranoid that it will fall through like last time 🤞🤞🤞 
     We had a bit of good news yesterday... after last week having all but 2 enquiries returned my solicitor informed me yesterday they had received some replies so will check through and push for exchange/completion next week if all is well now that the stamp duty rush is over. 🤞🤞 Been asking all my friends to manifest positivity for me so lets see how it goes 😂😂😂 

    Good luck to everyone completing this week 🤞
    Excellent news! Sounds like you're nearly there!
    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
  • Completed yesterday.

    Finally, I am a First Time home buyer.

    Managed to get the keys.

    Congratulations to all who have completed.
    Well done and congrats to you!  I'm also at FTB waiting for my process to end.

    Enjoy your new home :)
  • Congrats everyone who is completing today! 
  • Congratulations on completing everyone! 
  • Ahh congrats everyone! 

    @DeletedUser How are you holding up?
    Signature down for maintenance :rotfl:
  • Completed yesterday.

    Finally, I am a First Time home buyer.

    Managed to get the keys.

    Congratulations to all who have completed.
    Great news! Enjoy your new home 🍾🔑🍾🎉
  • A glimmer of hope for us today. Our buyer has finally agreed to the chain's completion dates and their new mortgage offer had been confirmed. Solicitors are taking to each other...
  • A glimmer of hope for us today. Our buyer has finally agreed to the chain's completion dates and their new mortgage offer had been confirmed. Solicitors are taking to each other...
    Best of luck!
  • Ok so the hope was short lived !! Turns out the reply to our enquiries (that they received the 5th August..) was literally a reply of  "we are still looking into these". So the wait continues... :neutral: Apparently these can be covered by indemnity policies so we are thinking of offering for a completion soon if we pay for the policies??

    Feels like one step forward and two back sometimes. 
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
  • 353.2K Banking & Borrowing
  • 254K Reduce Debt & Boost Income
  • 454.9K Spending & Discounts
  • 246.3K Work, Benefits & Business
  • 602.5K Mortgages, Homes & Bills
  • 177.9K Life & Family
  • 260.3K 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.