The NEW waiting to exchange thread...

GentleGiant01

Nicbetty said:

Omg I just had an email with the details to transfer my deposit … exchange is imminent ❤️❤️❤️

Thanks for everyone’s input and support . At the final hurdle ! X

Congratulations!!!!!!! 

Make sure you phone your solicitors for them to confirm some (or all) of their account details for the deposit. 

My sister lost £30k through a scammer during the house buying process - her emails had been “shadow hacked” - as soon as it was “time” for the solicitor to send this email it was stopped and the hackers sent their own email from SOL account with details, or something! Very scary. 

lugtigheid

I think we're probably close to exchange now.

Our bid accepted on the 17th of April last year. Numerous chain fall-throughs and sellers dragging their feet up the chain. Conveyancing and mortgage done in 2 months, but have had to reapply for a mortgage (and got a better deal).

Two weeks ago we got the dreaded phone call that the chain had fallen through again but luckily the vendor two links up has now broken the chain and is going to stay with family - I presume. We got 14th of April as the completion data soon after.

On Monday I transferred the deposit, got a text from the bank to say that the funds would be transferred the day before completion.

Hoping we're close now.

T9OTE

Exchanged last friday , hopefully completing 4th April , got a call today from Solicitor saying that lender requested from solicitor bank statments of accounts , not sure what is this for, solicitor saying not to worry as they have all documents. I was not asked to send bank statments today.

Nicbetty

GentleGiant01 said:

Nicbetty said:

Omg I just had an email with the details to transfer my deposit … exchange is imminent ❤️❤️❤️

Thanks for everyone’s input and support . At the final hurdle ! X

Congratulations!!!!!!! 

Make sure you phone your solicitors for them to confirm some (or all) of their account details for the deposit. 

My sister lost £30k through a scammer during the house buying process - her emails had been “shadow hacked” - as soon as it was “time” for the solicitor to send this email it was stopped and the hackers sent their own email from SOL account with details, or something! Very scary. 

Hey ,
yes there’s so many frauds and scams ! 

I’m head of financial crime for a financial services company so see all sorts ! 

GentleGiant01

Nicbetty said:

GentleGiant01 said:

Nicbetty said:

Omg I just had an email with the details to transfer my deposit … exchange is imminent ❤️❤️❤️

Thanks for everyone’s input and support . At the final hurdle ! X

Congratulations!!!!!!! 

Make sure you phone your solicitors for them to confirm some (or all) of their account details for the deposit. 

My sister lost £30k through a scammer during the house buying process - her emails had been “shadow hacked” - as soon as it was “time” for the solicitor to send this email it was stopped and the hackers sent their own email from SOL account with details, or something! Very scary. 

Hey ,
yes there’s so many frauds and scams ! 

I’m head of financial crime for a financial services company so see all sorts ! 

Preaching to the converted lol!  

badger09

Twins said:

No41edwardianhouse said:

We had word from our solicitor yesterday - our sellers are about to receive the final report on their purchase and the people they are buying from have had all enquiries answered on their purchase. Last people in the chain are now feeling more resigned to breaking the chain as their property is a probate. Apparently they have again said they won’t hold the chain up. Chain of 6 and 3 parties ready to exchange, 1 about a week or two away and the last is a probate 

Good luck!!  I have seen some of your posts and sounds like you have a similar chain length to ours but yours seems to be moving quicker which gives me hope!   My solicitor told me to contact the estate agent for all chasing of the chain which makes me wonder why I'm paying her so much?!   Fingers crossed for us both in a speedy process 

You're paying your solicitor a relatively small amount in comparison to what you pay your EA. 
Your solicitor has legal training. Your EA doesn't.
If your solicitor makes a mistake, they will have insurance to ensure you're not impacted financially. The EA doesn't. 

Your solicitor simply doesn't have time to chase up & down the chain. In fact, there is no reason for them to have any involvement beyond your buyer's & vendor's solicitors.

Part of the EA's job is to make sure the sale/purchase happens. Chasing the chain is part of that.  

[Deleted User]

I can join the thread I am at inquiry stage so a while to go yet I think but it took a while to get here searches done at last!

matthew91822

I can join this thread but only selling at the moment. Hopefully won't take too long as chain free both ends!
11th Mar: Cash buyer viewed
14th Mar: Offer received, countered and accepted
15th Mar: Solicitors Instructed
24th Mar: Contractual confirmation sitting tenant moving out by June 1st (buy-to-let - tenant buying their own place)

carrotstick_2

We have exchanged, now I can worry about moving day!! 

faylou

carrotstick_2 said:

We have exchanged, now I can worry about moving day!! 

Congratulations 🎉🎉🎉 
we are still waiting ….. and waiting …. and  waiting . 

How long has it taken to get to this point ?