The NEW waiting to exchange thread...

trakky14

They (EA) should be contacting the solicitors themselves and chasing it up yes...basically leave nothing to the solicitors alone or nothing would ever get done! If they want their commission now rather than in another 6 months...sadly they don't all work like that! You should be putting pressure on the agent to chase this, daily if you have to...its so frustrating!

trakky14

We are in a weird situation where our buyers mortgage company has a separate solicitor who have just come back with lots of queries just before we supposedly exchange. We now have to provide a statutory declaration on a shared drive area...of course now we are working with 2 sets of solicitors (buyers plus the lenders solicitors) so god knows when we will be able to exchange! 

I feel bad because as annoying as it is for us to be left in limbo our vendors have moved their furniture out and are roughing it in the house till we complete because we were told by our estate agent our buyers were able to complete this week! Now next week is looking doubtful too 🙄

mojo293

EA rang this morning and confirmed my buyer has had his mortgage approved, and the offer is on its way!

So now feel like I can join this thread proper, and now hopefully looking towards, and waiting for exchange!!

ohsweetcaroline23

trakky14 said:

They (EA) should be contacting the solicitors themselves and chasing it up yes...basically leave nothing to the solicitors alone or nothing would ever get done! If they want their commission now rather than in another 6 months...sadly they don't all work like that! You should be putting pressure on the agent to chase this, daily if you have to...its so frustrating!

To be honest the agent got on it yesterday and has managed to push some things along. I'm not too concerned with my timeline, more so trying to understand the sellers true deadlines. It feels to me that the EA is using scare tactics to try and get the sale completed as quickly as possible rather than just being honest about the real timeline. Looks like we will be exchanging next week now...

trakky14 said:

We are in a weird situation where our buyers mortgage company has a separate solicitor who have just come back with lots of queries just before we supposedly exchange. We now have to provide a statutory declaration on a shared drive area...of course now we are working with 2 sets of solicitors (buyers plus the lenders solicitors) so god knows when we will be able to exchange! 

I feel bad because as annoying as it is for us to be left in limbo our vendors have moved their furniture out and are roughing it in the house till we complete because we were told by our estate agent our buyers were able to complete this week! Now next week is looking doubtful too 🙄

Ah this is v annoying. Exchanging next week is still doable though if all parties work quickly. Fingers crossed!

HWBY

Just had a 40 minute call with our solicitor. Turns out that despite telling us we were all done and ready to exchange two weeks ago, there's actually still an outstanding enquiry that she "forgot" to mention to us. I don't know how I managed to not just start effing and blinding at her - our mortgage offer expires 7th October, offer was accepted back on 2nd March... and we're still not done in a three-person chain.

I made it very clear how upset we are to discover that are still things outstanding after being told there wasn't. How are we to make an informed decision when partial information is being fed to us in dribs and drabs?

trakky14

HWBY said:

Just had a 40 minute call with our solicitor. Turns out that despite telling us we were all done and ready to exchange two weeks ago, there's actually still an outstanding enquiry that she "forgot" to mention to us. I don't know how I managed to not just start effing and blinding at her - our mortgage offer expires 7th October, offer was accepted back on 2nd March... and we're still not done in a three-person chain.

I made it very clear how upset we are to discover that are still things outstanding after being told there wasn't. How are we to make an informed decision when partial information is being fed to us in dribs and drabs?

God that is annoying...but not surprising! Similar things like that keep happening to us too, its really frustrating. I have little sympathy with solicitors but it must be challenging to keep track of some of these things...they must have some sort of system but its not a very good one!

TTM

Finally had proposed exchange and completion dates for our purchase, but with our mortgage expiring at the end of the month I'm really worried it's all going to fall apart.

We are bottom of the chain and the 3 above us have all decided completion should be the 26th September as one of them has booked a holiday.  That date is the very final day we can do, but if for any reason completion fails that day the whole thing will be off.  Why do people have to wait until the 11th hour? So frustrating and avoidable if people were prepared to put themselves out even a little bit.  It's like they don't realise that if we can't complete then all of their onward purchases collapse too.

Sorry for the rant

jak

Mortgage offer finally in! Exchange dates imminent hopefully!! At LAST! Everything is done. Just got to sign mortgage stuff and send it back. Also waiting on my help to buy isa closing letter. Bloody would be a postal strike... Hoping it doesn't hold up my paperwork too much. JAK 

trakky14

TTM said:

Finally had proposed exchange and completion dates for our purchase, but with our mortgage expiring at the end of the month I'm really worried it's all going to fall apart.

We are bottom of the chain and the 3 above us have all decided completion should be the 26th September as one of them has booked a holiday.  That date is the very final day we can do, but if for any reason completion fails that day the whole thing will be off.  Why do people have to wait until the 11th hour? So frustrating and avoidable if people were prepared to put themselves out even a little bit.  It's like they don't realise that if we can't complete then all of their onward purchases collapse too.

Sorry for the rant

I feel your pain...we are in a chain of 3 and our buyers have made zero effort to chase anything which is delaying everyone 🙈 you're right nobody wants to put themselves out do they?! 

newsgroupmonkey_

hpsauce86 said:

Since we had our offer accepted on 5th February (no chain, was told it would be a quick sale), we have just agreed completion for the 12th September. Solicitors have requested funds and sent us out money due. It’s finally happening! 

Woohoo! An exciting week or so then now.

I take it you're already boxed?

We've finally completed. Our vendor has apparently accused their EA of blackmail. The EA also said that this is the third and last time they deal with this vendor - they've been a horror show every time.

We took a week off on the run up to completion. Because we were moving halfway across the country, we didn't have the budget for the £13k we were quoted to do the move so hired a 7.5 ton truck ourselves.

OMG, it was a nightmare. Picked it up the day before, and we got it mostly done - a few bits left do to on moving day (Mostly bed and fridge freezer) until we went round for a sweep up and realised we'd overlooked loads of stuff.

Ended up having to do an almost complete reload on the day. Which meant we didn't get out of the property until 1pm (we completed at 10am, so were effectively in someone else's house. Fortunately, they aren't fully moving in for a couple of weeks as renting).

Got to our new property around 5:30pm which meant we were so behind, our help needed to leave at 9pm. That involved me lending a car, the van in the wrong place. Therefore spent the weekend on trains and things getting 2 cars to the new house.

It's still complete chaos. Whilst we've moved from a semi 3 bed to a detached 3 bed, we don't have the storage - we had a huge 3/4 boarded loft, a workshop and an outdoor brick building. In our new place, we have a shed and a greenhouse and no loft storage.

But please to be here finally. Doing a 6 hour drive for work has been tiring. Down to an hour each way.