The NEW waiting to exchange thread...

babyblade41

Searches should be commenced at the beginning , whilst waiting for them to come through the enquiries over title can begin ,, then once they are in the second lot of enquiries get underway .

These enquiries go back and forth until everything is exhausted ,

No41edwardianhouse

Slithery said:

No41edwardianhouse said:
So our seller has one outstanding search left, their sellers are well on the way with their searches. Basically that will leave everyone in the chain ready to exchange

Searches are by no means the last step in the process. Until the searches are back the solicitor can't start the enquiries which is often the longest stage and can take weeks/months.

Strange that - our enquiries took a week. I do realise the process - this is our 5th house move. 

No41edwardianhouse

babyblade41 said:

Searches should be commenced at the beginning , whilst waiting for them to come through the enquiries over title can begin ,, then once they are in the second lot of enquiries get underway .

These enquiries go back and forth until everything is exhausted ,

Not always. Yes, we did that BUT I know of others who won’t start searches until a chain is complete - exactly that has happened in this case. Although the chain isn’t complete but searches by one party have been started on the understanding that the last party in the chain are prepared to break it. 

No41edwardianhouse

Slithery said:

No41edwardianhouse said:
So our seller has one outstanding search left, their sellers are well on the way with their searches. Basically that will leave everyone in the chain ready to exchange

Searches are by no means the last step in the process. Until the searches are back the solicitor can't start the enquiries which is often the longest stage and can take weeks/months.

I should add that it’s the solicitors communicating this as they have all spoken. They have no reason to not tell the truth and quite frankly know what they are doing. So, on this occasion I’m going to choose to believe what my solicitor has told me rather than a forum. Thanks for your help though. 

Slithery

No41edwardianhouse said:

Slithery said:

No41edwardianhouse said:
So our seller has one outstanding search left, their sellers are well on the way with their searches. Basically that will leave everyone in the chain ready to exchange

Searches are by no means the last step in the process. Until the searches are back the solicitor can't start the enquiries which is often the longest stage and can take weeks/months.

I should add that it’s the solicitors communicating this as they have all spoken. They have no reason to not tell the truth and quite frankly know what they are doing. So, on this occasion I’m going to choose to believe what my solicitor has told me rather than a forum. Thanks for your help though. 

Fair enough. But even the most competent solicitors have no way of telling how long it will take the various 3rd parties to reply.

No41edwardianhouse

Slithery said:

No41edwardianhouse said:

Slithery said:

No41edwardianhouse said:
So our seller has one outstanding search left, their sellers are well on the way with their searches. Basically that will leave everyone in the chain ready to exchange

Searches are by no means the last step in the process. Until the searches are back the solicitor can't start the enquiries which is often the longest stage and can take weeks/months.

I should add that it’s the solicitors communicating this as they have all spoken. They have no reason to not tell the truth and quite frankly know what they are doing. So, on this occasion I’m going to choose to believe what my solicitor has told me rather than a forum. Thanks for your help though. 

Fair enough. But even the most competent solicitors have no way of telling how long it will take the various 3rd parties to reply.

So it seems we have a rather competent solicitor further up the chain. They have already made many enquiries as the searches have come back…

if you don’t mind, I’d prefer to try and keep glass half full about this. Reading through your other posts on other threads it would appear that you’re more glass half empty. Each to their own but to get us through the crazy world of house buying I’m going to opt to fill up the glass rather than take a big swig. 

Snookie12cat

Pulling my hair out m. Been asking to exchange for 2 weeks and completion is next week and solicitor still hasn't signed off the file due to wanting more proof of funds, but won't tell me what. Due to this they won't send completion statement so I can't send money.
Why do they insist on leaving evening until last minute. It's making me very anxious.

No41edwardianhouse

Snookie12cat said:

Pulling my hair out m. Been asking to exchange for 2 weeks and completion is next week and solicitor still hasn't signed off the file due to wanting more proof of funds, but won't tell me what. Due to this they won't send completion statement so I can't send money.
Why do they insist on leaving evening until last minute. It's making me very anxious.

So sorry you’re in the position!  I totally hear you and feel for you. Very frustrating.

how long you been going? 

Snookie12cat

No41edwardianhouse said:

Snookie12cat said:

Pulling my hair out m. Been asking to exchange for 2 weeks and completion is next week and solicitor still hasn't signed off the file due to wanting more proof of funds, but won't tell me what. Due to this they won't send completion statement so I can't send money.
Why do they insist on leaving evening until last minute. It's making me very anxious.

So sorry you’re in the position!  I totally hear you and feel for you. Very frustrating.

how long you been going? 

Thank you. This is the end of a turbulant 5 month process. The solicitors seem to have gone down hill since the beginning of the process  

No41edwardianhouse

Snookie12cat said:

No41edwardianhouse said:

Snookie12cat said:

Pulling my hair out m. Been asking to exchange for 2 weeks and completion is next week and solicitor still hasn't signed off the file due to wanting more proof of funds, but won't tell me what. Due to this they won't send completion statement so I can't send money.
Why do they insist on leaving evening until last minute. It's making me very anxious.

So sorry you’re in the position!  I totally hear you and feel for you. Very frustrating.

how long you been going? 

Thank you. This is the end of a turmoil 5 month process. The solicitors seem to have gone down hill since the beginning of the process  

I really need to pipe down. We are two months in here! 😬😬