PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The NEW waiting to exchange thread...

Options
115161820212067

Comments

  • LadyL2013 wrote: »
    Despite the last minute hiccup.....

    WE HAVE EXCHANGED!!!

    Complete on Friday. I can't believe this is finally happening. A large glass of wine will be drunk tonight!

    Considering you neither replied nor even clicked thanks for the time I took to reply to you earlier in the thread about time between exchange and completion I'm afraid I'm more envious than happy for you.

    The whole thread is starting to feel like mumsnet so will leave it here.
  • Vixstar
    Vixstar Posts: 967 Forumite
    Part of the Furniture
    goodwithsaving recently I've sold and bought and both times I was the first person to sign the contract.
  • LadyL2013
    LadyL2013 Posts: 191 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    Considering you neither replied nor even clicked thanks for the time I took to reply to you earlier in the thread about time between exchange and completion I'm afraid I'm more envious than happy for you.

    The whole thread is starting to feel like mumsnet so will leave it here.

    Michael, please don't think I did that intentionally. This a fast moving thread and I simply did not see your reply. I would always make the effort to reply or thank someone who has helped me.

    So, please, accept my belated thanks.
  • Surrey_EA
    Surrey_EA Posts: 2,047 Forumite
    Tenth Anniversary 1,000 Posts
    I'm due to exchange soon. I've just signed my purchase contract and get my sale one to sign tomorrow.
    I've done this a few times and *think* the buyer signs first.....does the buyer sign the contract first? Then it's passed to the seller?

    The buyer and the seller don't sign the same bit of paper. Each signs their own copy of the contract.

    Therefore there is no order to who signs first.

    It is possible, and not unusual, for each party to sign the contract several weeks in advance of exchanging contracts.
  • trix-a-belle
    trix-a-belle Posts: 1,531 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    grrr why am I doing this again?
    text from mortgage company yesterday "please contact us", first person doesn't realise a call has been put through and is chatting away to her mate (pretty poor considering the bank in question are near top of all customer service polls, have always been good otherwise though but even shouting down the phone didn't draw this persons attention)
    2nd attempt ascertain from call center person they need a full SDW certificate as the architects certificate they have received(!) from me isn't enough for the underwriters, no not received from me, my solicitor possibly?
    Speak to solicitor no they didnt send it please find out what they have got and where they got it from
    3rd person, no its just a valuer note that the property is only covered by an architects certificate hence need full SDW certificate
    Relay info to solicitor, oh we wouldn't get that through till much later in the process, um well thats going to delay things rather significantly if thats the case, can we give them a shout explain the situation and try to get it sooner so I can get it over to the mortgage company and not scream.

    In other news, have boxed more stuff up and doing pretty well selling excess stuff in the most part (luckily the larger items [hoping i've not jinxed it]) apart from the few who don't turn up despite arranging collection times and think I want to stay chained to the house while they turn up at their leisure if they fancy it
    - Mortgage: 1st one down, 2nd also busted
    - Student Loan gone
    Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps
  • humidex7
    humidex7 Posts: 17 Forumite
    Be prepared for time to slow to a crawling pace :rotfl: I'm with humidex7 and Rambosmum, constantly checking for emails! Honestly I haven't felt this impatient since I was a child at Christmas - is that sad? It sounds a bit sad!


    It's unbearable! I find myself googling the weirdest things to pacify myself. PLEASE LET THIS TIME BE OVER :eek::eek::eek::eek:
  • bm147
    bm147 Posts: 27 Forumite
    bm147 wrote: »
    Joining in... FTB, seller moving in to a vacant house (probate granted), so very small chain, if you can even call it a chain!

    1/6/17 (AM) - 1st offer made
    1/6/17 (AM) - Offer Rejected
    1/6/17 (PM) - 2nd Offer (best and final) made
    1/6/17 (PM) - Offer Accepted!!
    2/6/17 - Full mortgage application submitted... Nail biting begun!
    6/6/17 - Further docs requested and submitted
    15/6/17 - Mortgage company valuation takes place
    21/6/17 - Mortgage offer received!!!!
    22/6/17 - Solicitor instructed
    3/7/17 - Searches received back and enquiries raised
    26/7/17 - Answers to enquiries received from sellers solicitor (who knew 4 questions could take so long to answer!!!
    27/7/17 - Email estate agent asking what the plan is, why there has been complete radio silence.. Seller has been renegotiating her purchase price, agent estimates completion will be 16-18th Aug!

    And so the waiting continues....

    We have finally exchanged today!!! To say a weight has been lifted from my shoulders is an understatement!! Completion on 22nd.:T:T:rotfl::j
  • Slinky
    Slinky Posts: 11,015 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    humidex7 wrote: »
    It's unbearable! I find myself googling the weirdest things to pacify myself. PLEASE LET THIS TIME BE OVER :eek::eek::eek::eek:

    I dread to think how many times I've looked at our house online......and there's only 7 photos. We're at week 20 now, should be exchanging a week tomorrow....... Our vendor continues to be unhelpful.
    Make £2025 in 2025
    Prolific £229.82, Octopoints £4.27, Topcashback £290.85, Tesco Clubcard challenges £60, Misc Sales £321, Airtime £10.
    Total £915.94/£2025 45.2%

    Make £2024 in 2024
    Prolific £907.37, Chase Intt £59.97, Chase roundup int £3.55, Chase CB £122.88, Roadkill £1.30, Octopus referral reward £50, Octopoints £70.46, Topcashback £112.03, Shopmium referral £3, Iceland bonus £4, Ipsos survey £20, Misc Sales £55.44
    Total £1410/£2024  70%

    Make £2023 in 2023  Total: £2606.33/£2023  128.8%



  • Lu_equi
    Lu_equi Posts: 31 Forumite
    Lu_equi wrote: »
    I thought I would add my full timeline as I haven't as of yet.


    15/03/17 Viewed property
    22/03/17 Made offer
    23/03/17 Offer accepted
    24/03/17 Mortgage broker submitted application
    24/03/17 Valuation Booked
    29/03/17 Valuation completed
    03/04/17 Mortgage offer received
    05/04/17 Solicitors Instructed
    04/05/17 All pre contract info sent over to us
    05/05/17 Completed and returned
    Chasing every day for contract draft etc .....
    still chasing ....
    26/06/17 Seller FINALLY gets everything over
    28/06/17 Searches submitted
    12/07/17 All searches back and received local authority was taking ages! so I called the council who said they couldn't not advise as I had not ordered it direct . Amazingly our solicitor received it within an hour of my call :rotfl:
    19/07/17 Solicitor raised enquiries and sent to seller solicitor
    Seller solicitor on holiday for 1 week , its a one man band and a PA by sounds of it !.
    26/07/17 Phone seller direct to see his view on what is happening states he has got to have a look at his emails ! **Bangs head on wall** politely reminds him our offer is only until end of August otherwise we will go elsewhere as been VERY patient**.
    01/08/17 Our solicitor chases his solicitor for an update . PA tells her he is looking as the case file .
    04/08/17 Ask mortgage broker to amend mortgage offer address
    07/08/17 I chase for updates advised will chase them again .....
    08/08/17 Mortgage broker advised everything ok amended paperwork will be sent out
    09/08/17 Other half is going to call as our solicitor again today and the seller to see where we are at !.


    And to those hoping exchange is going to be done in a certain timescale I really hope it works out for you however we was told 20 days! we have found the littlest things take the longest to sort.... it will now be the 6th Month for us so I wouldn't bet your money on anything when it comes to Solicitors and sellers and I definitely wouldn't book removals etc until exchange (personal opinion)!!.


    Hopefully I will have some good news next week .


    Good Luck to all of you ! L xx


    Update / No Update....
    So yesterday I lost my mind and decided we had waited enough for people so we have told them if they don't respond (seller & his solicitor) to the enquiries by the end of this week and then complete those and agree an exchange and completion date by the end of next week we will walk away.


    I asked my solicitor and the estate agent to pass this on ..... an hour later the estate agent replied with I have just spoken to the vendors sols and they are going to put your file as a priority and reply to myself and your solicitor . We have heard this before so we don't hold much hope !


    Good Luck to anyone else waiting ....x
  • 11 weeks in and we still haven't exchanged. Heard back from my solicitor yesterday (after a bit of pestering) to find out that there was an error with the disclosure of incentives form sent to the Help to Buy agent, meaning he needs to reapply for authority to exchange. That'll take at least 3 or 4 days to get a response, so we wait... again.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.