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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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...

Options
1201220132015201720182067

Comments

  • julicorn
    julicorn Posts: 2,585 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Well and the latest update in the roller coaster ride: 
    Monday is definitely not happening because it turns out (wait for it) that the other solicitors waited until they had everything else ready (i.e. today) to send the contract to the sellers to sign face_palmskin-tone-2 And nothing but the original document back will suffice. It's almost comical, we signed ours WEEKS ago.
    Did I mention the sellers are in France? fr
  • julicorn said:
    Well and the latest update in the roller coaster ride: 
    Monday is definitely not happening because it turns out (wait for it) that the other solicitors waited until they had everything else ready (i.e. today) to send the contract to the sellers to sign face_palmskin-tone-2 And nothing but the original document back will suffice. It's almost comical, we signed ours WEEKS ago.
    Did I mention the sellers are in France? fr
    Wow, feeling your pain Julicorn.

    I have said before, that surely someone could develop a sales portal and both parties could login and see the current status of the transaction. (i.e. who has any outstanding action, etc)
  • RM_2013
    RM_2013 Posts: 435 Forumite
    100 Posts First Anniversary Name Dropper
    @EK22 good luck I hope everything progresses quickly for you

    @julicorn oh no what an absolute nightmare.  Our solicitor for our purchase literally waited for the last minute to send us our contracts 

    @Chemistry777 congrats on your sale.  I wouldn’t worry about minor things.  I’m trying to get everything done before we move out but may run out of time for the small things 


  • RM_2013
    RM_2013 Posts: 435 Forumite
    100 Posts First Anniversary Name Dropper
    No news here over the last couple of days the only thing we are waiting for is stuck in a backlog or mail
    somewhere.  Just want to know when it’s Received 
  • Looks like mine are going to pull out over a bleeping manhole....I am fuming.
  • @RM_2013 so sorry nothing has progressed for you this week. Let’s hope it arrives soon!

    @EndlessStruggle what a nightmare! I’m in a similar (ish) situation, buyers have pulled out because they spotted there is a risk of subsidence on one of the surveys. EA and their sols have tried to reach out to them to reassure them it isn’t an issue, but their messages and calls have been ignored. Back to the drawing board for us. 
  • EndlessStruggle
    EndlessStruggle Posts: 1,342 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 16 December 2022 at 5:43PM
    I spoke with the neighbour, he's a lovely bloke and he explained it all to me.

     I'm confident of what it is etc it's just whether they are happy with it or not. 

    Basically they moved the downpipe when they built their conservatory. 

    The manhole covers a bit of pipe that now serves their new downpipe after going along the back and under their conservatory.

    The structure under the manhole forms part of the foundations of their conservatory.

    It is likely the manhole was always there in some form on my property and I think they've moved it to a more convenient place up along the boundary.

    They've always had drainage across the back of my plot, nowhere near the house.

    The conveyance covers all this as we have a lot of overhanging structures, eaves and drainage etc.

    My downpipe drains into the neighbours too.

    It is clear from the searches that it isn't sewage or drainage from the house and this was confirmed by the owner too.

    This is exhausting.

  • Just reading people's experiences here, both success and failure, just brings home how stressful this process is.

    Our purchase is currently waiting to hear back from sellers if they'll accept our retainer terms. A situation their error (albeit an honest mistake) has pushed us to. They really should accept these terms imo but if I was them and I wanted to play as hardball as possible, I wouldn't, because I'd know that with the buyer's mortgage offer expiring, they stand to lose more. It's a high-stakes chess-game this, and I'm soooo tired with it.

    Sending out hope to all those in limbo!
  • No news on the amended mortgage paperwork yet, but I have now signed the TR1 forms and given them to my partner to get his bit signed and witnessed. Luckily for us I work for our conveyancing firm so will just take them into work with me on Monday. I've been advised to start moving deposit money too, so will do that Monday also.

    Our conveyancer just wants everything in place so when we finally get this paperwork we are ready to exchange. 
  • poppysmam
    poppysmam Posts: 43 Forumite
    10 Posts Name Dropper
    edited 16 December 2022 at 8:49PM
    Tonight, I feel totally defeated. I can’t quite believe that we have got so close to completing and the buyers pull out over something so common in surveys. Now I’m seriously wondering if they have found another house and were always going to pull out regardless. It all seems so ill timed. 

    Just a little recap on my situation -

    my mother died November last year (probate granted) brother currently living there. House needs to be sold as per wills instructions. 

    Brother had an offer accepted back in March for a flat. 

    Accepted an offer back in March for house. (FTB)

    Pulled out end of June.

    Brothers onward purchase agrees to wait.

    House back on market July.

    Offer accepted mid July.

    Shouldn’t have been any hold ups but had one with restrictive covenant (questionable) which was blamed on buyers sols and we agreed to pay for indemnity insurance. Seemed to drag on.

    Now current FTB have pulled out because “only just noticed” house has subsidence risk (houses are just over 20 years old and no more of a risk than most other houses)

    EA and buyers sols have suggested a structural survey. We have also suggested we will lower the agreed offer by 5k. No response all day today. EA emailed me to say he will try again tomorrow. 
    The fact of the matter is, there is no forcing the issue. Accepting defeat and really not wanting to go through this again :/
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
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.