The NEW waiting to exchange thread...

donutandbeer

Solicitor sent an email at 10:30 to say she’ll let us know once completion taken place. I think both our solicitor and the vendor’s solicitor start working at 10am (instead of 9) so perhaps that’s the reason it’s still not done yet. There’s really nothing to worry about but I’m just in such a nervous state and my stomach hurts so much 😣 Also the general chaos with postal deliveries at the moment means we are not getting things in time… Ah well, as long as our bed frame and mattress will arrive on time next Monday it will be fine. 

rfoodie93

Does anyone know how much notice Barclays need to release mortgage funds?
For example if the request goes in today 

julicorn

1616six said:

Finally we are done. Just had the call (9:30am) to say we’ve completed and the keys are ready to collect. 

Honestly, I don’t know how I feel! Absolutely sick of everything that’s happened - as a FTB when you hear people say buying a house is one of most stressful things you do in life, I always brushed it off but having been through it now I agree! It’s mad. I’m mentally exhausted!

Anxiety is through the roof now with things like will the neighbours be horrible, just silly little bits but we’ll go and pick the keys up in an hour or two and take a car load over.

Our friend works for a removal firm and has been able to borrow a van for Saturday so that’s when we properly move so at least we can take it slow for a day or so!

Thanks for all the advice from everyone, I’ll definitely stick around to see how others get on who have been on a similar journey this year!

Congratulations! I hope your move goes well on Saturday, and that you manage to leave the stress behind you and enjoy your new home. 

julicorn

I just heard from our estate agent, apparently the sellers have answered most of the enquiries but there's one they don't understand (so are asking their solicitor about), and one that might be an issue (most recent water bill - property was rented out, but the estate agent is contacting the tenants because they still rent through them, to see if they're happy to provide it). Bit of a mixed bag, I'll see what our solicitor says once she gets the documents. Time is definitely running out for us to be able to tie our sale and purchase in together. 

Maximus5

Our buyers solicitors have now received half of the documents they require (outstanding was the signed deed transfer, source of funds that we know of) Apparently there help to buy ISA form was in the post to them so we’re hoping to hear shortly but time is running out for a move before Christmas. Poor kids have boxes instead of a Christmas tree at the moment 

SprostonGreenHead

Leading on from: https://forums.moneysavingexpert.com/discussion/comment/79579085#Comment_79579085

I thought we were "waiting to exchange", but our purchase has hit an annoying snag.

Seller extended her boundary into land owned by original developers. Used it that way for 25 years. We pushed to get the land under Possessory Title via adverse possession. Seller filled wrong form and wasted two months. New application went in with expedition request that was granted and survey done by LR but statutory notice to owners of the land must expire before anything else can be done. Found out this expires 2 days before our mortgage offer does (not leaving enough time to wrap things up). Therefore decided to buy property without the extra land (3.2m of garden depth). So next thing, our solicitor makes a big deal out of the original lender valuation probably including extra land (it can't have done realistically because it was a "desktop valuation"). Solicitor sends really confusing and ambiguous letter to lender to gain approval to move forward to buy just what the seller currently owns under Absolute Title. Lender responds (2 weeks later) by sending their policy on adverse possession and refusing said approval to proceed. Clearly lender is confused about our and solicitor's intentions. Our solicitor didn't even realise this. Was obvious to me. Pushed solicitor to send a follow up and clarify situation. Now waiting what could be two weeks or more to find out if lender is still confused. Everything else is pretty much lined up.

FTB here. Buying property in this country seems to me ridiculously long-winded, stressful and full of trapdoors. Personal situation is that we need to move soon as young kids and outgrowing rented property. If we lose this property or this mortgage offer I'm going to be absolutely destroyed.

Glad to read some success on this thread though! Good luck to all those waiting!

HWBY

We've completed and got the keys! FTBs, it still doesn't feel real. Found a load of rat droppings in the attic, so a grim job to do...

Good luck to everyone still waiting! 

smku

smku said:

Absolute nightmare!!!!
We were due to complete next week and the bank have today advised that we need to get a new offer at a higher rate as the product is no longer available…when I probed a bit further they said it was due to our offer expiring however it does not expire until the end of this month. 

It is with the broker who has argued the heck out of it and being looked into but who knows what will happen. Really could have done without this. 

This has been the longest most draining 10 months and now I don’t know if we are moving 😭

Had a call back from our broker and it was all an error on the lenders side and the offer is still valid. Someone put the wrong date on their system so it looked to them like it had expired. Someone is definitely testing us and seeing how long it takes us to crack…they got very close with this one. 

Hopefully we are still on for completion next week. 

Good luck everyone with your sales/purchases and I hope you get good news soon. 

HWBY

smku said:

smku said:

Absolute nightmare!!!!
We were due to complete next week and the bank have today advised that we need to get a new offer at a higher rate as the product is no longer available…when I probed a bit further they said it was due to our offer expiring however it does not expire until the end of this month. 

It is with the broker who has argued the heck out of it and being looked into but who knows what will happen. Really could have done without this. 

This has been the longest most draining 10 months and now I don’t know if we are moving 😭

Had a call back from our broker and it was all an error on the lenders side and the offer is still valid. Someone put the wrong date on their system so it looked to them like it had expired. Someone is definitely testing us and seeing how long it takes us to crack…they got very close with this one. 

Hopefully we are still on for completion next week. 

Good luck everyone with your sales/purchases and I hope you get good news soon. 

Wow... poor you! At least it's fixed. Which lender is this?

poppysmam

Another bit of movement this week, solicitor confirmed all signed paperwork has been received and that she had chased buyers solicitors regarding completion dates. Also received an email this evening asking for us to confirm the account funds will be paid into. Does this mean we are nearly good to go???