The NEW waiting to exchange thread...

Mahsroh

boldaslove said:

It seems a lot of people go to view just before exchanging… I was wondering if we should do this too? The reason we’re hesitating is because our vendor is quite jumpy and we’re worried about upsetting him if we ask to go in (he’s elderly and lost his wife recently hence the sale). We’re definitely doing a drive-by to check the house is still there  but we don’t need to do anything like measuring up because we’re getting works done on the house before we move in.

I’m leaning towards asking the EA if we can pop in but my OH feels quite against it. I think he’s worried the vendor is gonna say no and put the house back on the market! I can’t see that happening at this stage but he did previously pull out of a sale with the last buyers because they tried to negotiate him down at the last minute.

Even though you said you don't need to, I would do it but to alleviate the vendors concerns just make out that you'd like to do some simple measuring up etc. Make out that it's so you can start preparing stuff ready for WHEN you do buy it, rather than double checking to make sure you actually do still want to buy it. 

charlotteo1988

Well our seller has told me he sent all the signed paperwork to his solicitor. But doesn’t know what my solicitor exactly wants. So I explained fixture and fittings and TA6 to get enquiries going but I don’t know if he knows what I mean. 

Pulling teeth!!!!! 

Wish me luck. 

RS2OOO

boldaslove said:

It seems a lot of people go to view just before exchanging… I was wondering if we should do this too? The reason we’re hesitating is because our vendor is quite jumpy and we’re worried about upsetting him if we ask to go in (he’s elderly and lost his wife recently hence the sale). We’re definitely doing a drive-by to check the house is still there  but we don’t need to do anything like measuring up because we’re getting works done on the house before we move in.

I’m leaning towards asking the EA if we can pop in but my OH feels quite against it. I think he’s worried the vendor is gonna say no and put the house back on the market! I can’t see that happening at this stage but he did previously pull out of a sale with the last buyers because they tried to negotiate him down at the last minute.

Without boring you too much of my situation which differs in that the new house is already vacated.

We viewed internally just before exchange in mid-December, to check all in order etc. We then failed to exchange.

Viewed externally before 2nd attempted exchange, looking in windows to make sure no burst pipes etc, and all ok. We failed to exchange again.

With Exchange finally intimated to be this week (now looking unlikely) I suggested to wife on Sunday we go view again. She didn't want to, she's really had enough and quite concerned at the mental damage if all falls through, but it was a sunny weekend and I persuaded her. 
Arrived at property and next door is surrounded in scaffolding, including from inside 'our' new back garden. A skip on the shared drive, and portaloos on 'our' part of the drive. On top of that next door are having a loft conversion and cutting into the party wall. 

Thank goodness we viewed - can you imagine if we'd turned up with removal lorries with no access to our new home. Also had to request a Party Wall agreement, which fortunately was in place but could have been problematic had we completed without a copy.

100% worth a viewing before exchange, even if only externally. but definitely internally as well if property has been empty for a while.

MOVEMOVEMOVE

Hi everyone - longtime browser, first time poster here. We've been waiting to exchange for what feels like forever, but compared to some in this forum i guess its a short time.

We are buying a property that is vacant & FTB's are buying our current home. We are getting a little impatient with them and I want to get your opinions as to where to take this now.

Offer accepted on Nov 2nd. They applied for their mortgage with nationwide 10 days later. M offer approved but Nationwide will not send it to their solicitors until further identity checks are complete.

The EA has told us they didn't use a mortgage advisor (huge error imho) and are recently married, they applied for the mortgage in their new married name but didnt update any of their details with banks, electoral roll etc (stupid right). Nationwide requested a marriage certificate at the start of January, but that still hasn't been reviewed, and they are now saying it wont be until the 25th. 

Our sellers are getting very impatient, we should have exchanged the 1st week of Jan.

Everything else is ready to go, just this final piece of the jigsaw. But 3 months to get a mortgage offer, really?!  
Thank you to everyone in advance

amylou1107

MOVEMOVEMOVE said:

 But 3 months to get a mortgage offer, really?!  

So frustrating!!
Similar to our Buyers buyer.
Its a private sale and apparently the mortgage is outstanding!
Sale was all agreed end of Oct so not sure why its taking so long and makes me concerned!

Fingers crossed the offers come through soon!! 

amylou1107

amylou1107 said:

Our timeline so far:

(4 in chain)

Oct - Offer accepted on sale of our house
1/11 - Offer accepted on new house
23/11 - Chain completed
22/12 - Enquires from buyers solicitors received and sorted
23/12 - Draft contact for sale complete
6/1 - Private sale at bottom of chain mortgage still outstanding
12/1 - Our mortgage all approved and papers signed

Had TR1 form over to sign now - baby steps!

Buyer solicitor still chasing completion paper work for an extension which doesnt exist!
Owners 2 before us seemed to love to apply for planning permission for different projects and then never build them!
I cant provide build completion docs for something that doesnt exist and was supposedly build 7 years before we even owned the property! 

Laurelii

20/01/2022 Was previously told 28th Jan for completion, got an email this morning saying our sellers seller earliest day to complete in 18th Feb !!!! everybody is ready to exchange so I'm hoping we can do that next week to get that date set in stone...

jst1986

My sellers are still waiting for a date to move into their rental. We were hoping to complete first week of February but looks like that's now starting to slip.... 

RS2OOO

Received a phone call out of the blue from Solicitor that everybody is ready to exchange and a proposed completion date of 27th Jan.

Checked removals availability and confirmed available.

30 minutes later Solicitor called back to say vendors solicitor has gone home early so we failed to exchange today, but should be good for first thing tomorrow morning.

Amazing how quickly the tables can turn after sleepless nights thinking everything was collapsing around us.

Fingers crossed for tomorrow!!

jdsimmons3

RS2OOO said:

Received a phone call out of the blue from Solicitor that everybody is ready to exchange and a proposed completion date of 27th Jan.

Checked removals availability and confirmed available.

30 minutes later Solicitor called back to say vendors solicitor has gone home early so we failed to exchange today, but should be good for first thing tomorrow morning.

Amazing how quickly the tables can turn after sleepless nights thinking everything was collapsing around us.

Fingers crossed for tomorrow!!

Same happened to me yesterday my Solicitor literally called and asked me transfer money to exchange! I was like wow slow down! We could have completed in 27th but it's too much of a rush so we opted for the 4th.