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The NEW waiting to exchange thread...

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Comments

  • MsACam said:
    I have decided, after our offer getting accepted in June that I am putting my Christmas tree up soon. I am fed up of waiting for enquiries and conveyancers and exchange dates. I got told 2 weeks ago that it should all be done in a couple of weeks and still nothing.
    Such a pain! I feel for you (and am in same boat!). What’s holding it up, do you know?
    The conveyancer says there is one outstanding enquiry that she is waiting to get back from the sellers solicitor but it's been a few weeks waiting for that. It's just slow on both sides. Both conveyancers are too busy. I can never get through to mine and she takes ages responding to emails. I wanted to wait until we moved to start Christmas decorations but I have two children so there's only so long I can wait.
    What's holding it up for you?
  • I've been for my visit to the house today. It went really well and I'm feeling excited about the house all over again! My vendor is lovely and is going to leave me some furniture to help tide me over while I'm having work done on the house (and some things that will keep me going for longer than that!) I'm really happy and can't wait to complete now. 
  • esubbs
    esubbs Posts: 133 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I have decided, after our offer getting accepted in June that I am putting my Christmas tree up soon. I am fed up of waiting for enquiries and conveyancers and exchange dates. I got told 2 weeks ago that it should all be done in a couple of weeks and still nothing.
    Good for you! It's so frustrating putting our lives on hold, especially when you have kids. I'd be joining you but my Christmas decs are all boxed up and in my parents garage loft, 200 miles away! I naively thought last February that we'd be moved by now so all things Christmas were shipped off out of the way 🤦‍♀️
  • sacvwgolf said:
    sacvwgolf said:
    sacvwgolf said:
    EA said the seller signed and posted the contract to their solicitors yesterday so hopefully it'll arrive today
    Updated today to say the seller has had a 'change in personal circumstances' and would sign the contract later this week. Been 4 weeks since the contracts were posted out and we returned ours the day after. Pretty sure the seller is going to pull out.

    Of course the EA lied to us!
    Well it's been a roller coaster of a ride with an unhappy ending. After questioning the seller if they actual want to proceed with the sale the seller signed and returned the contract. Delayed exchanging until they could confirm removals availablity. All confirmed and booked on Monday, gave authority and tried to exchange yesterday. Seller pulls out this morning. Heartbroken. No idea why they decided to wait until the very end. Stringed us along the whole way by dragging it out. Extremely angry and now have considerable fees to pay for nothing to show for it.
    Well turns out the ride wasn't over. EA got in touch a few days after saying that after discussing with the seller about how poorly they treated everyone the seller changed their mind and wanted to proceed. Cue the frantic and even more stressful few weeks sending back the mortgage funds and deposit only to immediately reapply for it all and numerous attempts to exchange, I'm pleased (and actually still can't believe it) we have officially exchanged today with completation set for next week. Unbelievable. I can honestly say the last 5 months have been horrible (actually been trying to buy our first house for almost 2 years now) and have bought a grown man to tears. But we have our first house. Never. Moving. Again. 
    FTB

    23/6 - Offer accepted
    7/7 - Application for mortage
    8/7 - Searches ordered
    21/7 - Mortage Offer issued
    30/7 - Contract pack received. Enquiries raised.
    9/8 - Mortgage Deed signed and witnessed.
    11/8 - Searches returned.
    12/8 - Survey completed. Nothing major. 
    23/8 - Home buyers report received.
    6/9 - Enquiries response received.
    15/9 - LISA deposit paid to solicitors
    5/10 - Contract signed

    27/10- Seller pulled out at exchange
    15/11- Exchanged
  • Well turns out the ride wasn't over. EA got in touch a few days after saying that after discussing with the seller about how poorly they treated everyone the seller changed their mind and wanted to proceed. Cue the frantic and even more stressful few weeks sending back the mortgage funds and deposit only to immediately reapply for it all and numerous attempts to exchange, I'm pleased (and actually still can't believe it) we have officially exchanged today with completation set for next week. Unbelievable. I can honestly say the last 5 months have been horrible (actually been trying to buy our first house for almost 2 years now) and have bought a grown man to tears. But we have our first house. Never. Moving. Again. 
    Your timeline is very similar to mine, only our buyer pulled out at exchange end of October beginning November. I’m very envious that you have finally exchanged. We now have a new buyer so hoping we can exchange soon….

    congratulations!
    3-4-21 House on market. Sold to first viewers (B#1)
    May B#1 pulled out (We still hadn’t found a house)
    May sold to B#2
    30-06-21 B#2 pulls out
    01-07-21 we find dream home
    07-07-21 sold to B#3 (we are chain of 4:us our vendor, our Buyer B#3 and their buyer)
    08-07-21 offer accepted on dream home 
    27-07-21 Mortgage Applied 13-08-21 Mortgage recieved 
    27-08-21 Searches requested.
    10-09-21 B#3’s buyer decided to apply for business mortgage!!
    15-09-21 searches back, enquiries raised.
    September and October nothing happens while we wait for B#3s buyers to get their business mortgage.
    01-11-21 everyone ready to exchange. b#3 pulls out.
    03-11-21 We find new buyers. FTBs so no chain! They appoint B#3’s solicitor and reuses all previous searches
    15-11-21 B#4 has their mortgage offer and homebuyers survey undertaken on our house.
  • So...I thought it was impossible for exchange to fail on a new build (already built), but here we are. Failed exchange on Friday and today.

    100% down to 2 avoidable errors by my solicitor which she has apologised for.

    Original plan, exchange on Friday 12th, complete on Nov 26th
    New plan, exchange on Friday 19th, complete on Dec 3rd.

    Letssss gooo (again)
  • sacvwgolf said:
    sacvwgolf said:
    sacvwgolf said:
    sacvwgolf said:
    EA said the seller signed and posted the contract to their solicitors yesterday so hopefully it'll arrive today
    Updated today to say the seller has had a 'change in personal circumstances' and would sign the contract later this week. Been 4 weeks since the contracts were posted out and we returned ours the day after. Pretty sure the seller is going to pull out.

    Of course the EA lied to us!
    Well it's been a roller coaster of a ride with an unhappy ending. After questioning the seller if they actual want to proceed with the sale the seller signed and returned the contract. Delayed exchanging until they could confirm removals availablity. All confirmed and booked on Monday, gave authority and tried to exchange yesterday. Seller pulls out this morning. Heartbroken. No idea why they decided to wait until the very end. Stringed us along the whole way by dragging it out. Extremely angry and now have considerable fees to pay for nothing to show for it.
    Well turns out the ride wasn't over. EA got in touch a few days after saying that after discussing with the seller about how poorly they treated everyone the seller changed their mind and wanted to proceed. Cue the frantic and even more stressful few weeks sending back the mortgage funds and deposit only to immediately reapply for it all and numerous attempts to exchange, I'm pleased (and actually still can't believe it) we have officially exchanged today with completation set for next week. Unbelievable. I can honestly say the last 5 months have been horrible (actually been trying to buy our first house for almost 2 years now) and have bought a grown man to tears. But we have our first house. Never. Moving. Again. 
    Great news after the headache. Congrats to you  :)
  • Chooru
    Chooru Posts: 33 Forumite
    10 Posts Name Dropper
    edited 15 November 2021 at 10:36PM
    We were meant to exchange today and complete Friday, but due to "enquiries" which have arisen, we now have no idea when we'll be able to complete. 

    Really frustrating time! 
    02/09/21 - Offer Accepted
    23/09/21 - Solicitor Instructed
    23/09/21 - Mortgage in Principle through preferred provider 
    07/10/21 - Mortgage Offer Issued
    12/10/21 - All searches complete
    03/11/21 - Completion date of 19/11 agreed, with exchange of contracts on 15/11
    12/11/21 - Email received from delaying completion date due to issues higher in the chain
    10/12/21 - Completion date of 19/12 agreed by all parties


  • I have decided, after our offer getting accepted in June that I am putting my Christmas tree up soon. I am fed up of waiting for enquiries and conveyancers and exchange dates. I got told 2 weeks ago that it should all be done in a couple of weeks and still nothing.

    I feel your pain - I thought I was ready to complete 2 weeks ago and yesterday my solicitor sent me something to sign to transfer the lease... so I'm clearly not ready to exchange or complete yet? I don't understand what's going on...
  • LizaVCook said:
    Well turns out the ride wasn't over. EA got in touch a few days after saying that after discussing with the seller about how poorly they treated everyone the seller changed their mind and wanted to proceed. Cue the frantic and even more stressful few weeks sending back the mortgage funds and deposit only to immediately reapply for it all and numerous attempts to exchange, I'm pleased (and actually still can't believe it) we have officially exchanged today with completation set for next week. Unbelievable. I can honestly say the last 5 months have been horrible (actually been trying to buy our first house for almost 2 years now) and have bought a grown man to tears. But we have our first house. Never. Moving. Again. 
    Your timeline is very similar to mine, only our buyer pulled out at exchange end of October beginning November. I’m very envious that you have finally exchanged. We now have a new buyer so hoping we can exchange soon….

    congratulations!
    Good luck with your sale..sounds like buyer 4 is the one!
    FTB

    23/6 - Offer accepted
    7/7 - Application for mortage
    8/7 - Searches ordered
    21/7 - Mortage Offer issued
    30/7 - Contract pack received. Enquiries raised.
    9/8 - Mortgage Deed signed and witnessed.
    11/8 - Searches returned.
    12/8 - Survey completed. Nothing major. 
    23/8 - Home buyers report received.
    6/9 - Enquiries response received.
    15/9 - LISA deposit paid to solicitors
    5/10 - Contract signed

    27/10- Seller pulled out at exchange
    15/11- Exchanged
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