The NEW waiting to exchange thread...

Aliliva

liquoricet wrote: »

Sorry tomorrow, I can't edit it. Slowly losing the will to live

I hope everything gets on fine in the end! It's stressful, but it'll be over soon

cydney65

Hi all. Not been on MSE for ages as had a breakdown last year (slowly getting better) and came off a load of forums/social networking sites.

Accepted an offer on our house on 18/01/18, we had already offered on our potential new home, so we are now 2 weeks in. Our buyer asked to see the house again with his daughter yesterday. We let them go round on their own and all I could hear from his daughter were little gasps and comments like 'the photos don't do it justice'. We asked him a the end if he was still happy to buy the place and he grinned like a cheshire cat and said 'can't wait'. All seems a bit more real now.

Signed the draft contract for the sale a couple of days ago eek! I need to get hold of the estate agent today to ask about arranging a septic tank survey at the new property. We are so rural here that septic tanks are normal, although we haven't had one before. Mortgage application needs to be signed on Monday, honestly it's been all go so far this year. Just want to move now.

Decluttered the bookcase last night and sold some via Music Magpie. We want to make a clean break, downsize and start again so most of the furniture will go, probably to charity. The new place is a tiny bungalow so going from a 4 bedroom home to that means everything has to go!

CydneyX

Cheery_Daff

Welcome Cydney, hope things progress smoothly for you! :j Lovely to think of the new people being excited about your house

We're hoping to exchange today... Trying not to wibble. Fortunately I'm quite busy and can't have phone on for an hour at a time so have to keep checking between meetings - almost sad when I get out to find no missed calls... :rotfl: :rotfl:

Is it worth chasing the solicitor later to see if it's likely to happen today? Or should I just leave him to get on with it?

BlueTwiglet

Fingers crossed for liqouricet and Cheery Daff today!

Welcome cydney65, good luck with your de-cluttering! I find it better just to be absolutely ruthless when throwing stuff away; if I haven’t used or worn it in the last six to nine months, it’s off to the charity shop.

Banging my head against a brick wall here. My solicitors emailed me last Thursday to confirm they’d now answered all of the buyer’s enquiries and were waiting for an update from the buyer’s solicitors. However, my EA emails me half hour ago with their progress update to inform me that the buyer’s solicitors are waiting for my solicitors to come back to them! Being stuck in the middle is driving me crazy.

This_calls_for_cake

Cheery_Daff wrote: »

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?
l:

The estate agents reckon the mortgage company have put a retainer on until a damp survey has been carried out and subject to the results of that. However nobody knows for sure as our buyers have still not managed to get a copy of the relevant part over to the estate agents yet . A 1k drop we would really struggle with, we are funding the move through the sale of our house and an inheritance, I have no income and our mortgage company won't let us increase our borrowing for affordability reasons on just my husbands wage, I fully agree with them, we couldn't afford to up the mortgage! Any drop in our sale price would mean using emergency fund money which is our safety net for illness or job loss, it feels a bit risky . Hoping it is just a retainer that will be waived when the damp guy confirms its condensation (PMA!)

FloppyDisk

Amanda best wishes to your daughter. Presumably you have chased the vendor's solicitor and estate agent? Have you talked about any dates that you were aiming for before now? After 3 weeks, I'd start to get fairly robust with them and question their commitment. Are they in a chain and desperate to keep you?

It sounds like it has been a very up and down week for lots of us here, sorry to those finding problems or losing buyers. We are having a waiting few days, everything has progressed as far as it can, waiting for valuations on Tuesday and searches to come back. I have been very impressed with the brokers for getting AIPs, Applications and Valuations for 2 mortgages booked all in under a week

phoebe1989seb

Any news anyone? Hopefully Cheery Daff and liquoricet are celebrating their respective exchanges! Fingers crossed that BlueTwiglet, FloppyDisk, Tiglath et al don't have to wait much longer either! Welcome cydney

We just hand-delivered some paperwork to our solicitor fifteen miles away. Were actually hoping there would be more waiting for us - ie, the TA6 and TA10 - but no such luck. Exchange on our purchase won't be happening on Monday (the 14 day deadline) as intended then

This buying a repo is stressy stuff - from next Friday we'll be homeless, so I'm just glad we picked up our new (to us) Defender yesterday, as it looks like we might be sleeping in the car for a while!

Keeping everything crossed here for you guys!

Cheery_Daff

Eek phoebe! Fingers crossed!

No news here - I did just cave in and ring the solicitor I SO didn't want to be that stressy person on the phone but it seems I am :rotfl:

Anyway, they're all in touch with each other, from what I can gather (he's quite waffly, and I was just kind of embarrassed that I'd rung ) he's just waiting for buyer's solicitor to come back to him with a time for exchange, but they all agreed the actual completion dates yesterday.

Still got an hour and a half of today left I suppose :rotfl: :eek:

Would be nice to have a line drawn under it all before the weekend though!

<drums fingers impatiently>

Tiglath

No further news here - apparently we're looking at next Tuesday or Wednesday for exchange, provided the top of the chain get signatures from the two people in the residents association that they've been waiting for, with completion agreed for the 23rd. Getting bored with the whole thing now!

Amanda_Cm

FloppyDisk, we are FTB and he is buying a chain free property.
I called our solicitor today and she is saying his solicitor doesn't even return her calls.
Called the EA and he is out of the office so I am getting worried. The enquries was sent on 10th of January.
I wanted to say to the EA that we don't really care about FENSA certificates as we are changing the windows anyway.
Don't know any dates. Who do I need to ask about that in case that our solicitor doesn't get answer from sellers solicitor. I am proper worried now.