The NEW waiting to exchange thread...

timehastoldme

Yes, all searches done, surveys done, enquiries and follow up enquiries done (although we think our solicitor forgot to check on a thing so we've asked for that to be followed up, it's just to ask if any work has been done on the roof because of a different coloured tile). Our buyer is ready to go, contract signed and with solicitor. 

In theory is doable, but the earliest we can get removals is 8th November so we're asking for that.

RHemmings

timehastoldme said:

Yes, all searches done, surveys done, enquiries and follow up enquiries done (although we think our solicitor forgot to check on a thing so we've asked for that to be followed up, it's just to ask if any work has been done on the roof because of a different coloured tile). Our buyer is ready to go, contract signed and with solicitor. 

In theory is doable, but the earliest we can get removals is 8th November so we're asking for that.

Good luck. Please report back. 

Beth096

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! 

Excitingly, my solicitor has proposed a completion date of next Thursday!

Haven't exchange yet so still a chance it may not be next week but here's hoping it does

RHemmings

Beth096 said:

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! 

Excitingly, my solicitor has proposed a completion date of next Thursday!

Haven't exchange yet so still a chance it may not be next week but here's hoping it does

Wow, that seems quite speedy to have not yet exchanged and to be completing next Thursday. Good luck.

For me, I've had my property survey and a debrief by the surveyor. There are some issues for me to think through. I've asked for a second viewing. 

matthew91822

matthew91822 said:

After some renegotiation we were to exchange today. Then the buyer pulled out. Breaking the chain and so I've now lost the house I am buying and ready to exchange on. 

When are we going to change to the Scottish system of offer accepted being contractual. Awful people, why do it now after 9 months.

I think I have been one of the most unluckiest people trying to sell an empty house. Chain free

Sale - Chain free

2022

28/02: Marketed

14/03: Offer accepted

22/11 Ready to exchange

29/11: buyer demands 20k price reduction and we renegotiate

01/12: Date of exchange but buyer pulls out. (what a ****)

02/12: Remarket the property but get zero viewings until January.

2023

04/01: Insanely low offer (at that time) rejected - hindsight I should have accepted because it was 21% more than we sold it for

07/02: Offer accepted

14/03: Buyer pulled out - they 'didn't like the trees' (then why offer)

22/04: Offer accepted

29/04: Buyer pulled out - they  wanted a different property (again why offer)

03/05: Offer accepted

22/05: Buyer pulled out - no reason stated (they went awol)

09/06: Offer accepted

Today: Exchanged & completed (for 28% less than 2022)

Glad to see the back of the place at long last.

Charly_H

I am struggling to see any end to this house selling process! Put it on the market in Feb 2023, we have had 4 offers and 3 of which have fell through previously. We have had a very unlucky journey up to this point.

My current buyer is selling a leasehold flat and we are 21 weeks into the sale from when the offer was accepted, does anyone know if its normal for a leasehold flat sale to take this long?

I have been assured that there are only 2 remaining enquiries on the flat and the answers need to come from the management company and then we can discuss dates but we have been waiting over 2 weeks now for that response and I'm losing the will.

Anyone else had a similar experience with the delays from management companies? Currently in a chain of 3 and we are the top of that chain.

RHemmings

@matthew91822 - sorry to hear about your trials and tribulations, but congratulations for eventually getting to the finishing line. Sorry to hear about your indecisive buyers. 

@Charly_H - good luck for a speedy resolution. 

timehastoldme

We are due to exchange today (postponed from Friday). For various reasons, completion due Wednesday. Tighter than I'd like, but house selling and buying is a dark art and can't be helped. 

Still, feel like I'm grinding my teeth to stumps this morning.

timehastoldme

Listed 8th June

Offer accepted 24th August

Offered and offer accepted on a house 31st August

Exchanged today 6th November

Completion Wednesday 8th November

Waiting for an offer was awful, the feedback from most people viewing was that neighbours garden is an eyesore. We listed at £250, reduced to £245 in July and because of the unique circumstance of the (cash) buyer, accepted an offer of £235.

RHemmings

@timehastoldme - great that you got there in the end and hopefully there is still something of your teeth left now. 

For me, things looked a bit uncertain. But, as of this week I'm clearly through offer, acceptance, survey, and now continuing on with AML stuff and things are looking much more positive.