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The NEW waiting to exchange thread...

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  • Cheery_Daff
    Cheery_Daff Posts: 17,139 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sorry to hear about your buyer Vicki :( In a way I hope it was just a front for another excuse - that way someone else will come along and all will be fine :) Fingers crossed.

    Yay to having your keys Midwifelife, but hope your mum is ok, what a palaver on your first day! :eek: Hope your second is less eventful! :eek:

    Brief flurry of texts with our buyer this morning. Looks like we may be on for the 26th for completion - vexingly they're on holiday the week before which would be our ideal time, and their buyers can't do before the 15th. Rang the removals firm to check dates, and the woman had just been talking to our buyer :rotfl: :rotfl: :rotfl:

    Emailed the solicitor to tell him the date. Other parties shouldn't have a problem with it (fingers crossed) - bottom of chain is moving out of rented, top of chain is empty.

    Solicitor said yesterday we could exchange before the end of this week so just waiting for a phone call now. I'll believe it when it happens!

    Fingers crossed for anyone else waiting for exchange this week...
  • Cheerydaff - sounds like things are progressing and close to agreeing a date
    Midwifelife sounds a very eventful day - hope not too many of those!

    Teeny tiny progress here as the OS surveyor came this morning and measured up and he actually showing me what he had calculated about the boundary so thats all looking good now and he said he would send today (I was all ready for him just wanting to do his job and not share any details so that was a nice surprise!! he said these boundaries are often wrong so its not just us!!

    So am hoping that by the end of next week we may be starting to get somewhere - but at least it will be a good chance to get an update and plan forward for an exchange in Feb (I am not sure if the title deeds issue has delayed the searches, if it has will add another month on!!)

    Good luck everyone, my lovely new bespoke doors are being fitted in my forever home today so I am enjoying that bit of progress on the renovations side!!

    SLM
  • Littlebobo1981
    Littlebobo1981 Posts: 194 Forumite
    edited 1 February 2018 at 2:17PM
    vicki2221 wrote: »
    Our buyer just pulled out. Apparently the survey said a risk of subsidence. Back to square one.

    Oh no :( i'm so sorry. your place is lovely too :( really hope you don't loose the place you are looking at, certain another buyer will come along quickly for you.

    As for us, bit annoyed as estate agents said they never expected the electricians to take a week to do a rewire and wanted us to give the keys back last night ..asked for the vendors details so we could talk to them directly ( the house is vacant and they have never lived there) anyway in the end they must have spoke to him as we can keep the keys till Friday evening ...phew !
  • Some good news over the last couple of days on here, congratulations to everyone who has managed to exchange and/or complete! Our buyers valuation and homebuyers survey has been done, they have told the estate agent its shown damp problems and has been valued at 1k less than the price we've agreed on. The estate agent has requested to see exactly what the report says and has said we need to have a damp survey done which the buyers have refused to pay for. My husband is now stressing like mad, im fairly confident the report will come back showing there is only condensation damp and nothing serious but its just frustrating as its another hold up and we aren't very patient ��
  • My solicitor is going to try to exchange this afternoon! Exciting.
  • Amanda_Cm
    Amanda_Cm Posts: 168 Forumite
    Thank you, guys. My daughter feels better today and we may go home tonight.
    I was just wondering what would you do?
    Our solicitor raised some Initial Enquiries (9 to be precise). Is all about Building regulations as there is a extention , Planning Permision, FENSA, Electric work done etc)
    So it's been 3 weeks since sent and we are stuck I guess.
    Don't know what to think or do really.
  • Cheery_Daff
    Cheery_Daff Posts: 17,139 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad to hear your daughter is feeling better Amanda, fingers crossed you get to go home soon. You could ask your solicitor to chase, or mention to the estate agent that you're waiting for responses to queries and see if they wouldn't mind prodding the vendor? I did that when we'd waited 2 weeks for a small yes/no query - estate agent was horrified we hadn't had a response - turns out vendor had answered to their solicitor, who just sat on it for a while... :mad: Always worth checking.

    Did you exchange liquoricet? Exciting! :j :j

    This Calls For Cake, how frustrating! I suppose it depends whether you're willing to drop the price. Has the buyer's lender demanded a damp survey? If not, you might not need to have one. Would you be willing to drop £1k so the valuation amount matches the actual amount?

    No more news for us this afternoon. Spoke to removals company - they've pencilled us in but are still insisting they'll need to do it over 2 days, and because we're going for completion on a Monday, they want to collect all our stuff (except bed etc) on Saturday morning and leave it in their yard over the weekend :eek: Everyone else seemed to think they could do it in one day (everyone else was also showing signs of incompetence in other ways so I'm inclined to trust the people who've given a realistic estimate of time...)

    We'll see.

    Fingers crossed for exchange tomorrow! :j :j Can't see anything holding us up except (a) solicitors being useless and (b) someone else puling out :eek: As always, not holding my breath... :rotfl:
  • No exchange! Now stressed again as Mr Next door is not back until Saturday and can't do exchange until Monday! His solicitors knew and still thought completion would be ok weds totally ignoring the fact we're in a 4 person chain!
    Anyway my solicitor has requested that his gets remote approval so that we still exchange tomorrow. I can still cancel removals tomo
  • Sorry tomorrow, I can't edit it. Slowly losing the will to live :(
  • Hope you manage to get remote approval liquoricet and all goes through as planned today.

    Still no news on our purchase transaction. Hoping to have some news today so we can relax over the weekend. Our vendor doesn’t seem too bothered that his vendor is dragging her feet. His solicitor doesn’t seem to be pressing the issue. I’m hoping this is because they are both incredibly confident that they are just waiting for local authority searches then they’ll be ready to go. Given we are exchanging on our sale on the 8th and completing on the 15th I’m really hoping that we can get our purchase ready to either tie in to the completion dates or not be massively far behind.

    I’m presuming its not the done thing to try and contact the solicitor/EA further up the chain, given that transaction has little to do with me? I know which property my vendor is buying and who the estate agent is, but no idea who the other parties solicitor is or what property/EA/solicitor is at the top of the chain. Thoughts?
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