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The NEW waiting to exchange thread...

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Comments

  • charlotteo1988 said: I’ve unpacked all the boxes now 
    Wow, you're fast!
    Save £12k in 2025 #33 £2531.77/£5000 (If this carries on I might have to up my target!)
    April take lunch to work goal - 3 of 12
  • bekil91
    bekil91 Posts: 72 Forumite
    Ninth Anniversary 10 Posts Combo Breaker I won, I won, I won!
    Hi guys!

    I’m new to this thread and reading back through everyone’s experiences in the hope I’ll get an idea of how long our process will take (I know that’s impossible to guess though, I wondered if anyone had any thoughts on what they’d predict?)

    our time line is;

    16/2 - accepted offer on our house.
    17/2 - our offer accepted on house we’re buying.
    25/2 - mortgage offer agreed
    25/2 - survey booked on new house 
    2/3 - contract pack sent to seller 
    3/3 - contract pack received from seller (everything ready and signed, will send recorded first class today) 
    3/3 - survey took place 
    3/3 - searches requested on house we’re buying (suggested on council website these are taking 8-10 days)

    i believe our buyers have had their searches requested and they have booked their survey on our house for Wednesday next week.

    Can anyone advise on what the next steps I should expect are - I presume it will be enquiries from searches etc which I know can take a while but hoping as everyone in the chain has been very proactive so far that things will move quickly?

    TIA!
     
  • MINNIEMOMO
    MINNIEMOMO Posts: 37 Forumite
    10 Posts
    It does make me laugh that our vendor's estate agent was chasing us like crazy for something out of our control, now we are waiting for them they go silent. Hoping to exchange and complete next week...
  • Alias_Omega
    Alias_Omega Posts: 7,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Had surveys
    Mortgage offer sorted
    Received PIF

    What's next? Kinda feel like we're waiting for nothing 🙄. Solicitor is probably busy, need to offer them more £££ to be faster. 


  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Had surveys
    Mortgage offer sorted
    Received PIF

    What's next? Kinda feel like we're waiting for nothing 🙄. Solicitor is probably busy, need to offer them more £££ to be faster. 


    Searches and enquiries are usually next which can be the longest part of the process. Most of this is your solicitor waiting for replies from other parties, offering them more money won't make this any faster..

  • Alias_Omega
    Alias_Omega Posts: 7,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sorry,

    Viewed
    Made an offer
    Mortgage Offer issued
    Had survey
    2nd Viewing
    Counter offer ~ accepted
    Searches complete ~ no issues
    Received Property Info Form / Fixtures & Fittings

    What is next?

    Exchange?
    Complete?
    Move?



  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Enquiries are next, which as I mentioned earlier can be the longest part of the process.
  • faylou
    faylou Posts: 36 Forumite
    10 Posts Name Dropper
    Sorry,

    Viewed
    Made an offer
    Mortgage Offer issued
    Had survey
    2nd Viewing
    Counter offer ~ accepted
    Searches complete ~ no issues
    Received Property Info Form / Fixtures & Fittings

    What is next?

    Exchange?
    Complete?
    Move?



    All of the above happened extremely fast for us . Our purchase is now stuck on enquiries and the sellers solicitor being extremely slow / unresponsive.  To give you and idea we are now moving into month 5 since offer accepted and mortgage in place . 

    The wait continues despite chasing. Some solicitors move at snails pace . It’s so frustrating 


  • harz99
    harz99 Posts: 3,745 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    Funds to your solicitors ready for exchange... 
  • MrsC1234
    MrsC1234 Posts: 22 Forumite
    10 Posts
    Ahhhh the anxious wait for notification to say exchanged. Sounds like its my mortgage funds holding up our exchange today, might not happen until monday. Nervous wreck here lol 
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