The NEW waiting to exchange thread...

EndlessStruggle

I'm very lucky that the house I was buying was the same street as my mum/next street to my nan.

The plan was always to move stuff to my nans garage and myself to my mums temporarily in order to keep my sale.

In fact I took 8 boxes over this week and I've got more to take this weekend.

The purchase is still stuck in probate.

I'm now going to start looking again or I'll rent if it's clear it's going to take a while.

My sale will still go ahead and I was always more worried about them pulling out rather than me having to.

It hasn't been all bad. It has made it clear that I do need to move back closer to family.

Their reactions and joy at me being more local again has been very enlightening to say the least.

julicorn

RM_2013 said:

@julicorn Just read your update that sounds like loads of positives today.  You may not be much further behind with your purchase - a amazing.  Let’s hope the EA come back to you quickly to let you know what the vendors response to the revised offer is- fingers crossed 

Thank you. We're both feeling really positive about it all today, despite the down-valuation. 

1616six

We’ve just signed all of our contract, land registry transfer etc and I’ll be dropping them off at the solicitors tonight after work.

Transfer being organised today for our partially gifted deposit and completion balance to be cleared in the next day or two.

Just got off the phone from our solicitor who confirmed she’s had the fund release confirmation from Santander that the mortgage funds will be released on 7th Dec ready for 8th Completion.

I asked if we have an exchange date as our paperwork just says “As soon as possible” on it, she said they don’t have set exchange dates most of the time when there’s no chain and just do it as soon as the other party is ready - she’s just said that if we get our contract back in and deposit paid ASAP, they will exchange as soon as the vendors solicitor confirm they are ready. 

I don’t know how normal that is but it suits me to be honest!

donutandbeer

donutandbeer said:

RM_2013 said:

donutandbeer said:

Yesterday our solicitor asked the vendor’s solicitor whether they can exchange imminently but they didn’t respond, this was after they said they are ready. I just called the estate agent and they called the vendor’s solicitor, apparently now they say they are looking to exchange today and will be in touch with our solicitor. Unfortunately they have been saying in the last three weeks that they are “looking to exchange this week” too many times, and obviously every week it turned out they were still not ready, so I don’t have much hope for exchanging today. I know it’s going to happen eventually, but I won’t be surprised if they suddenly come up with something else after saying they are ready (which they have also said at least twice in the past). 

Fingers crossed that it actually happens today or this week.  Frustrating when you are waiting on others 

Our solicitor asked us to authorise the exchange at 3pm. Already thought it wouldn’t happen today since it’s so late. We still haven’t heard back from our solicitor whether we have exchanged successfully or not… 

So exchange didn’t happen yesterday. Had to call estate agent to chase vendor’s solicitor again today but at least we finally exchanged successfully at 1pm!!! It’s been dragged on for so long, and with no real threat of either side pulling out, I really didn’t feel much knowing that we finally exchanged - other than being glad that I don’t have to call the estate agent any more. Completion is in 3 weeks, so still a while. 

RM_2013

1616six said:

We’ve just signed all of our contract, land registry transfer etc and I’ll be dropping them off at the solicitors tonight after work.

Transfer being organised today for our partially gifted deposit and completion balance to be cleared in the next day or two.

Just got off the phone from our solicitor who confirmed she’s had the fund release confirmation from Santander that the mortgage funds will be released on 7th Dec ready for 8th Completion.

I asked if we have an exchange date as our paperwork just says “As soon as possible” on it, she said they don’t have set exchange dates most of the time when there’s no chain and just do it as soon as the other party is ready - she’s just said that if we get our contract back in and deposit paid ASAP, they will exchange as soon as the vendors solicitor confirm they are ready. 

I don’t know how normal that is but it suits me to be honest!

Brilliant news for you 

RM_2013

@donutandbeer glad to hear you have finally exchanged it’s all happening now! 

Fingers crossed for a smooth moving day 

RM_2013

We’ve had contract paperwork and TR1 to sign for our sale today so I guess that means we are almost ready to exchange.  However as we want to link our sale and purchase to complete at the same time we are still waiting.
Purchase isn’t ready for exchange due to the previous conveyencing  error that’s been picked up.
we have let our buyers know and they are happy to wait for us (within reason) but we should have been ready to go 🥲

poppysmam

So our buyers have not accepted indemnity insurance regarding their final enquiry, so our solicitor has argued back that while the restrictive covenant is still on the title, it is not relevant and has no affect on their client. 

Today I have felt very very stressed and deflated. Especially seeing as now our EA is giving me the silent treatment. No response all week to calls/emails. Sigh. 

Would it be out of order at this stage now (buyers are FTB, paid for searches/survey etc) to suggest re listing the property? We haven’t signed contracts and continue to wait on tr1 because of this final enquiry. Just fed up of it all.

dannim12345

Exchanged today! Completing on Monday 

EndlessStruggle

Congrats all.

I've got two viewings booked, one for Saturday and one Monday.

I'm taking my mum along and she is more excited than me