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The NEW waiting to exchange thread...
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Waiting to exchange on a sale and new build purchase. Searches underway and waiting for mortgage valuation to be done!
Really hoping buyers don’t progress too quickly as the house isn’t ready until March!1 -
Wren14 said:
I'm still in the mode of sending information to the EAs, sometimes including information that I've already sent, and helping the property surveyors get in contact with the EA to obtain keys. No major milestone yet.0 -
Think I'm finally ready to join this thread after a very long journey!
Journey so far
Offer accepted on flat: 27/10/22
Solicitors instructed: 28/10/22
Mortgage offer received: 01/12/22
Found out need deed of variation (requested seller to sort): 21/12/22
Seller found out costs of deed of variation and wanted me to pay for it up front where my money wouldn't be protected if sale fell through.
Seller relisted: 06/03/23
Found new flat and offer accepted: 07/03/23
Solicitors instructed: 08/03/23
Searches received: 20/04/23
Solicitors contacted me to say they can no longer act on the matter due to the new Buildings Safety Act: 04/05/23
New solicitors instructed: 06/05/23
Been waiting on 5 enquiries since July when sellers solicitors stopped responding to the point I threatened to pull out if no movement by end of Oct. Within a week we finally have received everything.
My solicitor is just reviewing the last bits that have been sent and hopefully we'll get an exchange/completion date this week!
2 -
Beth096 said:Think I'm finally ready to join this thread after a very long journey!
Journey so far
Offer accepted on flat: 27/10/22
Solicitors instructed: 28/10/22
Mortgage offer received: 01/12/22
Found out need deed of variation (requested seller to sort): 21/12/22
Seller found out costs of deed of variation and wanted me to pay for it up front where my money wouldn't be protected if sale fell through.
Seller relisted: 06/03/23
Found new flat and offer accepted: 07/03/23
Solicitors instructed: 08/03/23
Searches received: 20/04/23
Solicitors contacted me to say they can no longer act on the matter due to the new Buildings Safety Act: 04/05/23
New solicitors instructed: 06/05/23
Been waiting on 5 enquiries since July when sellers solicitors stopped responding to the point I threatened to pull out if no movement by end of Oct. Within a week we finally have received everything.
My solicitor is just reviewing the last bits that have been sent and hopefully we'll get an exchange/completion date this week!
Currently sitting in my house that is all boxed up and ready for the movers in the morning!2 -
Thought I'd share mine & my husbands journey here - took 4 months in total!
It was all smooth sailing until the end, we had a stressful time with our sellers' seller threatening to pull out days before exchanging and hiccups with our solicitor who was very slow towards the end, but very thankful we finally got there!
1- Offer15/05: on the market
23/05: viewing
27/05: offer accepted
30/05: solicitors instructed
2- Mortgage01/06: mortgage application submitted via broker
05/06: bank valuation (desktop)
06/06: mortgage offer
3- Conveyancing / Completion
22/06: homebuyer L2 survey conducted
23/06: homebuyer L2 survey results
26/06: draft contract received
10/07: search results
28/07: sellers signed draft contract
18/08: all enquires answered
25/08: we sign draft contract
01/09 LISA requested
04/09 LISA funds released
05/09 exchange
15/09: completion ✨
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inama said:
Thought I'd share mine & my husbands journey here - took 4 months in total!
It was all smooth sailing until the end, we had a stressful time with our sellers' seller threatening to pull out days before exchanging and hiccups with our solicitor who was very slow towards the end, but very thankful we finally got there!
1- Offer15/05: on the market
23/05: viewing
27/05: offer accepted
30/05: solicitors instructed
2- Mortgage01/06: mortgage application submitted via broker
05/06: bank valuation (desktop)
06/06: mortgage offer
3- Conveyancing / Completion
22/06: homebuyer L2 survey conducted
23/06: homebuyer L2 survey results
26/06: draft contract received
10/07: search results
28/07: sellers signed draft contract
18/08: all enquires answered
25/08: we sign draft contract
01/09 LISA requested
04/09 LISA funds released
05/09 exchange
15/09: completion ✨
0 -
New build valuation this morning and mortgage offer through from Halifax in the last hour! No idea how to view the valuation though 🤔0
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