The NEW waiting to exchange thread...

Flutterbat17

YEY! Clairsilvers & Katapolt! Hope the move goes well

So thought I would do a proper timeline update

14/09/17 We had an offer on our house from a cash buyer and instructed our Solicitor.
15/09/17 mortgage DIP
1/10/17 instructed a building survey on house we liked and got verbal results from surveyor 09/10/17 so we could make an offer
09/10/17 offer accepted on a house we like.
13/10/17 mortgage application submitted.
16/10/17 Solicitors instructed for searches
20/10/17 mortgage valuation
25/10/17 sales contracts/land register form signed
26/10/17 mortgage approved
27/10/17 early purchase report back with fixtures and fittings, enquiries submitted to sellers Solicitors and instructed CCTV drainage survey
16/11/17 Searches back
27/11/17 contract sign, land registry forms etc
27/11/17 gifted deposit paperwork submitted
4/12/17 submit more gifted deposit paperwork (after delays and solicitors on holiday )
8/12/17 lender approves gifted deposit waiting on final solicitor report

So as above we are waiting on the conveyancing statement/final report... then we can discuss completion dates.

Doesn't help much when wanting to book dates for removals or sort schools out near xmas. but progress is progress!

CommitedToChange

Still nothing confirmed for me though still aiming for completion next Friday.

Ive closed my HTB isa to make sure I can still get the bonus - not sure how it works when exchange and completion are so close together but I really need that money.

Im tired and stressed and like others finding this so tough - and mines gone really smoothly compared to other people here. Should I pack, get ready for Christmas- I just don't know

Oh and if I don't give notice on my rented flat on Monday but do complete on Friday I'll end up overlapping on TWO months rent/mortgage. :eek:

middy991

Decided might as well get it done so exchanging next weds 13th nd completing on the 20th,have to say bricking it a little bit

mutley74

what is the best way to pay the deposit to exchange? I was thinking if I can use my debit card and pay the solicitor (don't want to get the payment wrong when you hear so many scare stories in the media). Same when making payment for completion. Can I just pay with a debit card on exchange? (obviously funds will be available beforehand).

JoJo1978

Well done middy!

Know what you mean, Commited. We had almost a week between sale and purchase exchanges not knowing if we were moving out where to. I had Xmas food deliveries to three addresses until we knew lol! Threw all our Xmas decs out but Argos coming to rescue next week.

Inching closer Flutterbat!

phoebe1989seb

Great news that the end is in sight for some of us Sorry to hear others are having a tough time......I can sympathise and Christmas for us is very much on hold.

No good news here, sadly......our buyers' lender is still not satisfied with the reports/quotes for a few outstanding things (issue with a retaining wall etc etc) and wants a quote for work to resolve. This will be submitted by buyers on Monday, but there's already been mutterings that a drain survey might be required too - despite there being absolutely no issues - so awaiting this news with trepidation

Either way, I can't see exchange happening before Christmas as desired by the only two parties in this chain.

As for an onward purchase......still nothing doing!

Flutterbat17

Ooh also received final Solicitors report but we already knew everything that was in there so now we are waiting for the next hoop!!/exchange date/completion date. Enjoy your weekends everyone.

JoJo1978

Mutley74 our sol gave us their client account sort and account number and we paid by Bacs transfer. They confirmed receipt when they got it. There's probably a limit on your bank account of how much you can transfer in this way in one go. Worth finding out in case you need a couple of transfers. Alternative is Chaps transfer but that needs arranging with a bank and usually a fee.

Pumpkim

We're in! 20 long weeks from start to finish, but we made it!

Completion day went as smoothly as it could despite snow overnight. Got our keys by 1pm which was fab. Only minor hiccup was vendors were still here when we arrived even though EA and solicitor had both had confirmation that they were out and keys could be released.

Most stuff was clean but they've kindly left us an overflowing bin packed with stuff the bin men probably won't take which is a slight annoyance but if that's the worst thing we discover I'll live with that.

Good luck to everyone else. Hope your journeys end soon x

JoJo1978

Woo hoo Pumpkim! :beer: