The NEW waiting to exchange thread...

Cheery_Daff

Oh no Aliliva, what a nuisance!

Amanda, hope your little one gets well soon and you can all go home, what a stressful time for you all. Does indeed put things into perspective xxx

Congratulations ellzbellz, that's super fast!!

Some unexpected news from me!! Solicitor rang about 4.30 saying he'd had a surprise email from buyers' solicitor confirming completion agreed for 15th feb :eek: first we'd heard about it :rotfl:

He reckons we can exchange before the end of this week, and weve suggested Tues 20th for completion which gives us a couple of weeks, which I'd prefer in case exchange is delayed (and also we need to refill gas tank as we currently have no heating in new place).

I'll believe it when it happens of course but this is closer than we got last time!! :j :j

vicki2221

Our buyer just pulled out. Apparently the survey said a risk of subsidence. Back to square one.

Alicia85

CommitedToChange wrote: »

I've also completed - I just can't believe its actually happened :beer:

Tragically I'm stuck in work until 2.30 when I will be racing home to get my new keys, champagne and glass

Have faith everyone - if I can complete in week 21 on a 2 house chain anyone can :rotfl:

Also thank you again to everyone here for your comments, posts and humour - I think I would have gone mad if I couldn't vent and post in here. Not that I'm leaving yet - I need to follow some of you guys until the end as well :j

I am mid move CTC and just logged in to see how you are getting on, so happy for you!

Tiglath

Now expecting to exchange next Tuesday or Wednesday. Sudden slew of questions from the buyer's sol via ours which we answered straight away; think he figured he had to earn his fee, because some of the questions we'd already answered. We could tell our solicitor was irritated. Hopefully plain sailing from here on in, but not too enthused by the extra delay. Hubby is getting very frustrated.

liquoricet

Very sorry to hear that Vicki. I'm sure you're devastated at the moment.

phoebe1989seb

vicki2221 wrote: »

Our buyer just pulled out. Apparently the survey said a risk of subsidence. Back to square one.

So sorry to hear that, Vicki Blooming surveyors! I can empathise as our buyers' valuer (they opted not to have a survey, even though the house is 160+ yrs old) valued the house at £0 because he thought he'd discovered subsidence. Fortunately they were pragmatic and, having got a structural engineer in at the insistence of their lender, all was found to be fine

Did your buyer say if the surveyor had any evidence to support his 'risk' theory? Or did they just walk? I'm guessing they were nervous first time buyers?

Assuming your house is actually fine, hopefully another buyer will be waiting in the wings who isn't such a worry guts!

Great news Tiglath and Cheery!

vicki2221

liquoricet wrote: »

Very sorry to hear that Vicki. I'm sure you're devastated at the moment.

Thanks. At the moment I am really disappointed but OK. But if it means we lose the house we're buying then I really will be devastated. I hope to be back on this thread with good news soon.

vicki2221

phoebe1989seb wrote: »

So sorry to hear that, Vicki Blooming surveyors! I can empathise as our buyers' valuer (they opted not to have a survey, even though the house is 160+ yrs old) valued the house at £0 because he thought he'd discovered subsidence. Fortunately they were pragmatic and, having got a structural engineer in at the insistence of their lender, all was found to be fine

Did your buyer say if the surveyor had any evidence to support his 'risk' theory? Or did they just walk? I'm guessing they were nervous first time buyers?

Assuming your house is actually fine, hopefully another buyer will be waiting in the wings who isn't such a worry guts!

Great news Tiglath and Cheery!

The house shows no signs of subsidence, he said it's a risk because of the clay soil. But I understand that the whole area is on clay soil and the whole of London is on clay soil so it sounds a bit silly to me. I actually think she changed her mind for another reason and this is just a stupid excuse.

Midwifelife

What a day!
Got the keys around 1pm yesterday...
We were at our house a grand total of around 30 mins until my accident prone mom rang in floods of tears. One of her dogs knocked her over... cue split lip.. a 6 hour hospital trip and then straight to bed/mattress on return home !!!128555;. At least we don't forget our first day in our new home I guess. I will try and catch up on everyone's stories ASAP. Hope all is well

Aliliva

vicki2221 wrote: »

The house shows no signs of subsidence, he said it's a risk because of the clay soil. But I understand that the whole area is on clay soil and the whole of London is on clay soil so it sounds a bit silly to me. I actually think she changed her mind for another reason and this is just a stupid excuse.

It depends a lot on the area of London you're in (civil engineer here, working on projects around London). In general, the soil is good enough, but old terraced houses have the bad habit of not having foundations the way we intend them, and the areas around the river are so bad soil-wise that I'd request a proper structural survey even on a new-build!
Did you commission a proper structural survey when you first bought your place? It might give you an idea of the level of risk, cause maybe it was just a sort of green/amber warning and the buyer just used it as an excuse to jump ship. Or they used a surveyor not familiar with the area that got scared when he found "clay"