PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The NEW waiting to exchange thread...

1…19331934193619381939…2067

Comments

  • BSW89
    BSW89 Posts: 89 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    trakky14 said:
    Argh is anyone else now desperately wanting to exchange in light of the news on lenders/interest rates?!! I feel every day that goes past is a greater risk to the whole thing falling apart 😥 Particularly as we are in a situation where we are waiting for our buyers lender's solicitor to give the green light after 3 weeks of waiting to be able to exchange! 
    Yes! I've already checked the latest mortgage deals. We've obviously budgeted for a certain monthly mortgage - if the chain falls apart and we need to apply for a new mortgage, the same monthly mortgage amount on current rates will now shave £60k off our property budget. 

    I'm not an economist but surely this will be playing out across the country and house prices will fall (which I suppose is a good thing and a bad thing at the same time).
  • jak
    jak Posts: 2,027 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    And....I'm still waiting to exchange. Hoping to hear something today. This feels never ending!
    2022 Comp total (prizes + free spins): £494.81 #20 £12 a day Jan: £382.95/£372 #57 360 1p challenge: £17.70 £10 a day Feb: £571.09/£280 March: £311.96/£310
  • RM_2013
    RM_2013 Posts: 435 Forumite
    100 Posts First Anniversary Name Dropper
    jak said:
    And....I'm still waiting to exchange. Hoping to hear something today. This feels never ending!
    How frustrating hope you hear something today 
  • GAMBITv5
    GAMBITv5 Posts: 50 Forumite
    10 Posts Name Dropper
    clairepostin said:
    GAMBITv5 said:
    clairepostin said:
    GAMBITv5 said:
    clairepostin said:
    Hi everyone, I have been lurking on here, loads of great info, thank you.

    We are currently awaiting a mortgage offer from Nationwide, they (via Countrywide). This morning they have been to the property to value it. 

    Does anyone who may have been in the same position recently know how long I should expect to wait to see if the valuation stacks up and a mortgage offer is on the table?
    In exactly the same boat (perhaps you're the one buying my property) as i had countrywide value my property today... Nationwide have been to value the property I'm buying today (also countrywide) so will let you know when I hear something
    Thank you, appreciated. Although I don’t think you are my vendor as it’s the top of the chain :)

    Good luck with your move, I’ll report back too.
    We just had both valuations (buyer and ours) returned same day, mortgage offers issued all round :)

    Yay fabulous. Still waiting here, fingers crossed. 
    No news is usually good news in my experience!
  • housebuyer143
    housebuyer143 Posts: 4,269 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Just had notification of a charge added for property I am selling... Really hoping that's a good thing and the money is on its way 
  • jak
    jak Posts: 2,027 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've exchanged! Completion on the 7 October!!! Wooo Hoooo! x
    2022 Comp total (prizes + free spins): £494.81 #20 £12 a day Jan: £382.95/£372 #57 360 1p challenge: £17.70 £10 a day Feb: £571.09/£280 March: £311.96/£310
  • BSW89
    BSW89 Posts: 89 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    jak said:
    I've exchanged! Completion on the 7 October!!! Wooo Hoooo! x
    Congratulations!!
  • trakky14
    trakky14 Posts: 398 Forumite
    Eighth Anniversary 100 Posts Name Dropper Combo Breaker
    jak said:
    I've exchanged! Completion on the 7 October!!! Wooo Hoooo! x
    oh thats fab news, well done you! 

    I'm so worried our chain is going to collapse, we have been waiting to exchange for 3 weeks now due to solicitors delays, I can't stand it! 
  • RM_2013
    RM_2013 Posts: 435 Forumite
    100 Posts First Anniversary Name Dropper
    Just had confirmation that our buyers have received their mortgage offer so all moving forwards 
  • RM_2013
    RM_2013 Posts: 435 Forumite
    100 Posts First Anniversary Name Dropper
    jak said:
    I've exchanged! Completion on the 7 October!!! Wooo Hoooo! x
    Brilliant 
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture