The NEW waiting to exchange thread...

Londora

Akahotpot wrote: »

My timeline –
Got mortgage dip 06/17
Offer made and accepted on the house we want 07/17 (I know should have had an offer on mine first)
Solicitors Instructed 07/17
Cash buyer made offer for mine 08/17
Contracts ready to sign 10/17
My buyer falls off the rader 11/17 still no idea where he went
House I was buying goes back on market 11/17 and gets offer
I get a private buyer for my house 12/17
Rejig mortgage 01/17
I find a new house and get offer accepted last week of Dec17
Complete my sale and move in with family 26/01/17
Awaiting my purchase to catch up chased 02/17
13/03/18 find our venor has pulled out of his purchase due to not getting a mortgage
02/4/2018 get offer accepted on house no3
all chugging along
I am meant to be exchanging on thurs 14th full monies sent to sols ,insurance quote done just waiting to be told we have exchanged now :eek:

Wow - what a relief after a year! Bet you can't wait to be settled in to the new place. :beer:

Magnus91

Londora wrote: »

I feel like in homebuying any news is good news. No news is torture!

That is true, at least I know what is actually going on now.

Shortly after I actually got a call from the solicitor as well saying the same thing, except that apparently the vendor was away for a month :eek: I only put the offer in 5 weeks ago so it must have pretty much been straight after that.

Hopefully it all moves along quickly now he's back!

Sienna1990

Still twiddling our thumbs waiting for the top of the chain to answer the last 2 enquires. Hopefully get an update tomorrow to exchange this week. I hate the waiting!

Week 14 for us.....

Magnus91

Londora wrote: »

I feel like in homebuying any news is good news. No news is torture! But glad that things are moving along for you.

Have had my own semi good news. Still no sign of management pack and therefore no enquiries/draft contract yet.

I spoke to the EA about my concerns that the vendor is buying from someone who is buying a new build, as that could be unpredictable. The vendor has very kindly offered to exchange and complete by the end of July, regardless of what is happening with their upward chain, so that we can be in by end of July.

Obviously, the enquiries could bring something up but is a slight weigh off my mind.

Oh that is good news! Obviously not a guarantee but it's good that you're both on the same page :T

faerielight

I have finally exchanged late afternoon, I can't believe it!!!! I'm utterly relieved.. moving day now on for mon 18th june, the day my tenancy runs out.. all in the nick of time!

Sienna1990

faerielight wrote: »

I have finally exchanged late afternoon, I can't believe it!!!! I'm utterly relieved.. moving day now on for mon 18th june, the day my tenancy runs out.. all in the nick of time!

That's fantastic!! :beer:

We had an email from our EA today to say our sellers signed the contracts yesterday for their purchase and so we should exchange later this week or early next week and complete 29th June. Our tenancy ends 30th June. I will feel so much better once we have exchanged and the 29th is set in stone.

Magnus91

Sienna1990 wrote: »

That's fantastic!! :beer:

We had an email from our EA today to say our sellers signed the contracts yesterday for their purchase and so we should exchange later this week or early next week and complete 29th June. Our tenancy ends 30th June. I will feel so much better once we have exchanged and the 29th is set in stone.

Great news!

Do you set the completion date at exchange then and it can not be changed after?

FTB here

Surrey_EA

Magnus91 wrote: »

Great news!

Do you set the completion date at exchange then and it can not be changed after?

FTB here

Yep.

Once contracts are exchanged completion date is fixed.

faerielight

Thank you! Best of luck to everyone for a smooth and easy exchange

Sienna1990

Magnus91 wrote: »

Great news!

Do you set the completion date at exchange then and it can not be changed after?

FTB here

Yes on exchange the completion date is set.

I am a FTB too