The NEW waiting to exchange thread...

nekr0mantik

MickeyFTB said:

Hi everyone! Been a few weeks since I last posted but thought I best come on and give an update. 

After nearly 10 months we finally exchanged and completed on Friday and are now in our new home - finally!

We were originally meant to complete last year but after houses being added into the chain, 3 mortgage extensions and two failed exchanges we finally got there! 

For anyone still hanging on like we were, you’ve just got to think how much do you want that house and go with your gut - we could have walked away so many times but I’m so glad we hung on because it feels so surreal to finally own it!

I hope all of your purchases go much smoother than ours and you have the keys soon.

Now to figure out what room to decorate first!

congrats!

ironlady2022

The initial look of the contract for my Buyer, is it normal for my Sol to share with me first, or does he just get on with it in the background and liase with them? 

Mkk298

MickeyFTB said:

Hi everyone! Been a few weeks since I last posted but thought I best come on and give an update. 

After nearly 10 months we finally exchanged and completed on Friday and are now in our new home - finally!

We were originally meant to complete last year but after houses being added into the chain, 3 mortgage extensions and two failed exchanges we finally got there! 

For anyone still hanging on like we were, you’ve just got to think how much do you want that house and go with your gut - we could have walked away so many times but I’m so glad we hung on because it feels so surreal to finally own it!

I hope all of your purchases go much smoother than ours and you have the keys soon.

Now to figure out what room to decorate first!

Congratulations! I can’t imagine waiting that long so hats off to you. 

mpa91

nekr0mantik said:

Anyone else who bought leasehold recently had situation where management company solicitors still not answered all queries after 1 months? They been really slow took them 2 months to send management pack out and at first kept saying no one requested it! Now my solicitor raised queries against it 1 months ago.

Having similar issues. Our mgmt company offered different levels of service depending on how quickly the mgmt info pack would be provided. We paid for the middle option (info pack within 5 working days) on 17 May but we're still waiting as of today, together with a response to any queries raised with them to date. All other aspects of our sale and purchase are pretty much there but expect this to drag on for a few weeks yet which is making me nervous. 

Cannot wait to leave and never have to deal again with the issues that leaseholds bring!

Tiggywiggy12

We are hopefully in the final stages of buying our house. This is our time line.

03.12.21 - House on market
07.12.21 - Offer accepted on house (asking price) we had 2 offers
06.01.22 - Buyer pulled out of sale
06.01.22 - House back on the market 
17.01.22 - Offer accepted on house (asking price)
17.01.22 - Instructed conveyancing solicitor
02.03.22 - Searches ordered
05.02.22 - Viewed house we are buying and put in an offer
08.02.22 - Our offer was accepted
03.03.22 - Mortgage offer received
04.03.22 - Buyer pulled out of sale
04.03.22 - We informed our seller we had lost our buyer but they are happy to wait until we have another buyer.  
04.03.22 - House back on the market but could not hold viewings as I had Covid
12.03.22 - Offer accepted on house (above asking) we had 3 offers.  Our seller is in no chain and our buyer is a first time buyer.
06.04.22 - Received report on title, contract for buying property, transfer deed, stamp duty form and draft completion statement
20.04.22 - Received contract for the sale and Transfer Deed to sign ready for exchange
20.04.22 - Received enquiries about the sale
28.04.22 - Got quote for removals
30.05.22 - Still not exchanged yet although our buyer has said that she has signed her contact forms and transfer deed and sent it back to her solicitor.

roast

Having issues with my buyers solicitor and estate agent (for their property sale), basically they are not replying or returning any calls.  The only information we are getting is from the buyers themselves - apparently they are still waiting for a local survey, which has been due to come in now any day for last 20 days.  I am losing confidence in my buyer.
I have said to my solicitor today that if we don't hear anything by next Monday I want to issue a reply or lose the house letter.
Anyone else experienced this, any advice on what to do next?

babyblade41

roast said:

Having issues with my buyers solicitor and estate agent (for their property sale), basically they are not replying or returning any calls.  The only information we are getting is from the buyers themselves - apparently they are still waiting for a local survey, which has been due to come in now any day for last 20 days.  I am losing confidence in my buyer.
I have said to my solicitor today that if we don't hear anything by next Monday I want to issue a reply or lose the house letter.
Anyone else experienced this, any advice on what to do next?

Just re-list if there is a lack of communication ,has their solicitor made contact with yours ?

roast

babyblade41 said:

roast said:

Having issues with my buyers solicitor and estate agent (for their property sale), basically they are not replying or returning any calls.  The only information we are getting is from the buyers themselves - apparently they are still waiting for a local survey, which has been due to come in now any day for last 20 days.  I am losing confidence in my buyer.
I have said to my solicitor today that if we don't hear anything by next Monday I want to issue a reply or lose the house letter.
Anyone else experienced this, any advice on what to do next?

Just re-list if there is a lack of communication ,has their solicitor made contact with yours ?

Once or twice.  Now nothing for weeks despite frequent requests for updates.  The estate agents are not getting anywhere with them either.  The only info is coming from the buyer, who seems to be the only one who can speak to the solicitor.

Zerforax

The buyer's solictors won't speak to the vendors and the vendor's solicitors wont speak to the buyers. Solicitors can speak to each other.

Mkk298

Contracts signed and given to our solicitor yesterday. Just waiting for our solicitors to agree a date now!