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The NEW waiting to exchange thread...

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Comments

  • Twins
    Twins Posts: 346 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    hpsauce86 said:
    @Twins sorry to hear that! Have seen you on here a while! 

    I’m no expert but could you try having it valued elsewhere? Unless the one on the same street is much larger or with better amenities it sounds bizarre! Even with the competitive market at the moment it won’t have gone for that much. 

    Hope you work the situation out soon. So stressful! 
    Thanks, yes it's been so stressful.  I will talk to the broker tomorrow to see if we can get a proper valuation.  Houses around our area do not really go on sale, they go on rent because we are West London so hardly many go to sale but more rented.  But the house that did go on to sale was not any bigger, didn't have all the extra space that we have or the additional bathrooms or  parking.  It's madness because we had ours valued last year when we there wasn't any recent sales.  I just don't know how we can get around this.
  • SusieT
    SusieT Posts: 1,267 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Twins said:
    hpsauce86 said:
    @Twins sorry to hear that! Have seen you on here a while! 

    I’m no expert but could you try having it valued elsewhere? Unless the one on the same street is much larger or with better amenities it sounds bizarre! Even with the competitive market at the moment it won’t have gone for that much. 

    Hope you work the situation out soon. So stressful! 
    Thanks, yes it's been so stressful.  I will talk to the broker tomorrow to see if we can get a proper valuation.  Houses around our area do not really go on sale, they go on rent because we are West London so hardly many go to sale but more rented.  But the house that did go on to sale was not any bigger, didn't have all the extra space that we have or the additional bathrooms or  parking.  It's madness because we had ours valued last year when we there wasn't any recent sales.  I just don't know how we can get around this.
    Perhaps ask the estate agent who sold that house to value yours, and see  if you can find out from them if the other one was bought by a cash buyer, or if they know how the valuation went? They may be able to give a hint at how close to the purchase price it was?
    Credit card debt - NIL
    Home improvement secured loans 30,130/41,000 and 23,156/28,000 End 2027 and 2029
    Mortgage 64,513/100,000 End Nov 2035
    2022 all rolling into new mortgage + extra to finish house. 125,000 End 2036
  • secla
    secla Posts: 361 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Offer was accepted 15/3 and solictor appointed shortly after recieved our mortage offer on 25/4. 
    spoke to solictor on the 26/4 and they havnt recieved draft contracts yet from sellers solicitors. There using the EAs "in house" solicitor which is no fee if not completed so guessing they havnt started doing anything until mortgage offer was in place.

    No chain so hopefully its not going to be dragged out for to long but who knows
  • Against expectations, everything we were waiting on from the solicitor came together all at once yesterday afternoon and we managed to get everything checked, everything signed and money paid last night/this morning - now we are all set to exchange today!!! I’m so excited, it feels surreal that it’s all actually happening   :open_mouth:

  • Mkk298
    Mkk298 Posts: 34 Forumite
    10 Posts Name Dropper
    Against expectations, everything we were waiting on from the solicitor came together all at once yesterday afternoon and we managed to get everything checked, everything signed and money paid last night/this morning - now we are all set to exchange today!!! I’m so excited, it feels surreal that it’s all actually happening   :open_mouth:

    That’s amazing! Hope it goes well!
  • babyblade41
    babyblade41 Posts: 3,963 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    So exchange went ahead with completion 13th May ... not looking forward to mobile home on a building site for the next 12 months but an adventure ahead 
  • So the Survey went ahead today (already have the Mortgage offer). Searches should be done by the 12th May. Getting closer.
  • babyblade41
    babyblade41 Posts: 3,963 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    @Chloe27895 well done .. enjoy your new home 
  • Chloe27895
    Chloe27895 Posts: 39 Forumite
    10 Posts Name Dropper
    @babyblade41 thank you, and you too :)
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