The NEW waiting to exchange thread...

Richiem1987

So another potential delay for me. 

All agreed Wednesday last week to complete this Friday. However, when my solicitor went to request the Mortgage funds, the offer is no longer on the portal, which dissapeared when the solicitor returned the funds last time we failed to exchange and complete, however NatWest are sorting this. Maybe looking at Exchange Thursday or exchange and completion on the Friday. It's a pain, as it means I will have to order funiture for delviery the following week, just pick up the keys and do the minimum on completion day and move in in a couple weeks as end of next week I am busy working over the weekend. If it gets delayed again, I am going to scream

PixelPatch

We're finally at the "waiting to exchange" part...

Our solicitor went on leave on the 25th, back tomorrow, the people he left in charge of our file have not got back to us once. We're waiting on confirmation that all enquiries are sorted... reading through the responses from the vendor's solicitor it would seem they replied to ours back on the 10th August in an email, and kept referencing this, so our solicitor doesn't check his emails very often. We had the same problem with him and our sale, he kept asking my partner for things he had already sent over and uploaded to the client portal weeks before. It got to a point where the vendor's agent asked questions for us because our solicitor hadn't added them to the enquiries, and we took their answers directly and told our solicitor we were happy with the answers we received directly, otherwise that would have taken much more time.

It's so close and yet dead silence and no one responding to emails... Plus we only found out a couple of weeks ago our buyer needed a Deed of Variation for her sale, so we're still waiting on an update for that.

RoseOlu

Hi! First time buyer here had so much difficulty obtaining a AIP due to recently discovered parking CCJ. 🤦🏾‍♀️

Mortgage Process timeline

29/07/22 - AIP accepted with Precise

30/07/22 - property viewed

31/07/22 - offer made property taken off market

05/08/22 - reservation fee paid 

09/08/22 - Help to buy ATP submitted 

11/08/22 - ATP authorised

*issue with debt to income ratio on help to buy calculator and follow on SVR*

15/08/22 - new mortgage broker with dynamo

18/08/22 - AIP with Newcastle accepted

19/08/22 - solicitors instructed 

22/08/22 - mortgage application submitted 

22/08/22 - solicitor requested documents

23/08/22 - lender requested documents 

25/08/22 - solicitor and lender documents sent back

25/08/22 - additional documents requested by solicitor 

30/08/22 - requested documents sent to solicitors

30/08/22 - valuation booked for 31/08/22

Super nervous it is going to be down-valued, it is a new-build. I really hope not!! Does a valuation being booked also indicate my application is likely to be accepted if valuation is ok? My AIP was also referred to an underwriter, does that mean chances are slightly higher as it has already been looked at, although I have not received an alert of a Hard search.

rdchick

Well we have contracts and deed titles to sign and return today so maybe, just maybe, we will be completing on Friday as planned 🤣

I have mouth ulcers from the stress! 

trakky14

rdchick said:

Well we have contracts and deed titles to sign and return today so maybe, just maybe, we will be completing on Friday as planned 🤣

I have mouth ulcers from the stress! 

Hey we were chatting on the waiting for Halifax mortgage thread I think! So glad you are almost there!

We've signed all paperwork, met with our solicitor today and went through everything so hopefully completing next week...just a few queries to answer but sounds like we are almost there!

rdchick

trakky14 said:

rdchick said:

Well we have contracts and deed titles to sign and return today so maybe, just maybe, we will be completing on Friday as planned 🤣

I have mouth ulcers from the stress! 

Hey we were chatting on the waiting for Halifax mortgage thread I think! So glad you are almost there!

We've signed all paperwork, met with our solicitor today and went through everything so hopefully completing next week...just a few queries to answer but sounds like we are almost there!

We were indeed! It's good to know that we are on the same track in regards to exchanging and completion! All paperwork in, I hand delivered it earlier as the solicitors are only round the corner so made sense to dodge the strikes etc! 

Hopefully finally exchange tomorrow and complete on Friday 🤞🤞🤞

I'm not a stressful person but my goodness it's getting to me, I just want those shiny keys! 

Good luck Trakky! Keep in touch!

trakky14

rdchick said:

trakky14 said:

rdchick said:

Well we have contracts and deed titles to sign and return today so maybe, just maybe, we will be completing on Friday as planned 🤣

I have mouth ulcers from the stress! 

Hey we were chatting on the waiting for Halifax mortgage thread I think! So glad you are almost there!

We've signed all paperwork, met with our solicitor today and went through everything so hopefully completing next week...just a few queries to answer but sounds like we are almost there!

We were indeed! It's good to know that we are on the same track in regards to exchanging and completion! All paperwork in, I hand delivered it earlier as the solicitors are only round the corner so made sense to dodge the strikes etc! 

Hopefully finally exchange tomorrow and complete on Friday 🤞🤞🤞

I'm not a stressful person but my goodness it's getting to me, I just want those shiny keys! 

Good luck Trakky! Keep in touch!

Sounds good!! Fingers crossed for you!!

We've just discovered our purchase has been underpinned and they hadn't told us...🤪 so now our solicitor is having to find out more...thankfully the survey was fine but who knows what this will do re timescales! Always something hey?

Richiem1987

Had another update today. 

LMS have finally re-instated my mortgage offer on the portal, and my solicitor has now requested funds from NatWest. I haven't had confirmation yet from them, but I am hoping to get that tomorrow, then hopefully exchange tomorrow afternoon, or semi-worst case, same day exchange and completion on Friday, but I doubt vendors will agree to that, and worst case, it gets delayed into next week (which would be the 4th time it has been delayed). I just hope the vendors have at least booked removals despite the delay on exchanging. 

I am expecting the worst

rdchick

We are exchanging and completing Friday... 2 more sleeeeeeeps! 

trakky14

rdchick said:

We are exchanging and completing Friday... 2 more sleeeeeeeps! 

Exciting!