The NEW waiting to exchange thread...

Mover2021

@waitingforsomething our vendor is also buying a probate property… how long has your vendor been waiting, out of interest?

Faodail

@MrsBrush - I feel for you I really do 😩 I really hope I never need to sell my house and go through all of this xx

waitingforsomething

Mover2021 said:

@waitingforsomething our vendor is also buying a probate property… how long has your vendor been waiting, out of interest?

Not that long, probate was applied for at the very end of August/ start of September (5 weeks after my offer was accepted) they were told it should be straightforward as accounts / assets were already in order but as we've not reached the 8 week mark I don't think there is much anyone can do at the moment.

It's just frustrating as apart from that everything and everyone is ready to go

greensalad

With possible discussion of dates arising... I have just ordered moving boxes. Feels a bit scary real now. I want to get started nice and early as feasibly there is loads right now I can live without for a few months (although lets hope it doesn't take that long!) 

Hebblethwaite

Five months after my offer was accepted and I've been sent a copy of the contract to sign and return! Much excitement.

Oh wait, no... It lists me under the seller heading with nobody under the buyer heading. Probably just put me on the wrong line, but if we assume that, it still has me listed as buying the property jointly *with* the vendor. Is this some kind of legal quirk, or just my solicitors failing to proofread again?

Duck345

A new day has such promise and hope and then nothing bleeding happens 

sacvwgolf

Duck345 said:

A new day has such promise and hope and then nothing bleeding happens 

Ditto!!! Feel so trapped and helpless right now

Waunakee

CarriePopping said:

Hi all! Joining onto this thread as a way to try and manage the pre-exchange frustration!

Sold our house in March, offer accepted on a property in April, and our vendors still haven't found their onward purchase 6 months later. Mortgage offer is running out in a couple of weeks. Our buyer is so patient, we keep her up to date on everything, and have let her come around to measure up but our vendors seem really chaotic and pretty unrealistic with their house expectations. 

We have started looking for alternatives, chain free or pre-existing chain properties as we are desperate to move by Christmas. Offered on one, best and final rejected by snobby estate agents today as it was under guide price (its absolutely over priced and needs loads of work, and there has been only one other offer, also under guide due to condition). I think what broke me today was hearing our vendor rejecting a second viewing for at least 6 weeks 'as life is too busy' and these other estate agents suggesting we are offering on properties outside of our price range and are unrealistic (nope, your house is within budget, but over-priced!!)

Tell me this is achievable, we're 7 months in and no end in sight.

What an awful situation!

You seriously need to be issuing your vendors an ultimatum and be prepared to walk away as 6 months is plainly ridiculous.They surely cannot think it’s acceptable to keep you dangling for months on end!

How confident are you that your lender will extend your mortgage offer and for how long?
Also bear in mind that searches are only valid for 6 months so depending on when they were completed they may need to be reapplied for.

Unfortunately with only 10 weeks left until Christmas I would have thought as the chain is still incomplete moving this year might be a stretch too far.

I agree EAs can be difficult but ultimately it’s sellers that reject or accept offers not their agent.

CarriePopping

Waunakee said:

What an awful situation!

You seriously need to be issuing your vendors an ultimatum and be prepared to walk away as 6 months is plainly ridiculous.They surely cannot think it’s acceptable to keep you dangling for months on end!

How confident are you that your lender will extend your mortgage offer and for how long?
Also bear in mind that searches are only valid for 6 months so depending on when they were completed they may need to be reapplied for.

Unfortunately with only 10 weeks left until Christmas I would have thought as the chain is still incomplete moving this year might be a stretch too far.

I agree EAs can be difficult but ultimately it’s sellers that reject or accept offers not their agent.

Thank you; yes this is ridiculous! They've refused to move to rented which we do understand as they have young kids but clearly haven't thought the selling process through as we don't think they can afford what they want. We can't get an extension on our mortgage and have been told to reapply; I didn't know about the searches either so thank you for flagging that. Another thing to check! If they were a bit more sympathetic it would be nice; we are actively looking for another house now, we really don't want to torture ourselves and our buyer by pulling out completely and then finding another property with an incomplete chain and waiting another 6 months. It just feels like in limbo; do you want as in theory holding on might be quicker, or issue an ultimatum they ignore, then we are back to square one. Saying we have to wait 6 weeks for a second viewing just felt like a slap in the face. 

Christmas is certainly looking highly unlikely as you said; we had hoped this new chain-free one would accept our offer but nope. 

[Deleted User]

Mines at stalemate right now
its just soul destroying