The NEW waiting to exchange thread...

studentguy

jennhg88 wrote: »

Was the land registry thing part of the enquiries? As you've made no mention of them in your timeline?

To be honest, I have no idea, because it's further up the chain, all I know is that there's a land registry issue, I don't know the how why and where and if it's part of enquiries or what.

Our enquiries were all completed two weeks ago, I'll try and add them to my timeline in the future.

ric1982

Apologies about delay in posting.

Following is a rough timeline

Offer Accepted on 15 March.
Exchanged 10/08/2018
Completed 20/08/2018

FTB, No chain either side!

Hugh thanks to everyone on this board who helped. Esp. @doozergirl @davesnave and many more. I will try to contribute when I can. For now I am thankful its over. Really stressful process.

For those who are waiting, hang on a little longer, your time will come.

All the best.

lozrob01

This forum has been so helpful over the past few weeks/months, thank you all very much.

Just completed today, whoop!! Thought others might be interested to see how my timeline went (FTB buying probate so no chain).

04/05 – 1st Viewing on house
07/05 – API from mortgage adviser
09/05 – 1st Offer submitted for £400k
09/05 – Contacted 3 solicitors for conveyancing quotes
14/05 – 1st offer rejected (no counter given)
14/05 – Second Viewing on house
14/05 – Second offer made & rejected
17/05 – All parties asked for best and final offer by end of day (6 or 7 people were all very keen for property)
17/05 – Submitted final offer of £430,500 (£5,500 over ask)
17/05 – 3rd Offer accepted!
21/05 – Instructed Solicitor
25/05 – Obtained insurance quote
30/05 – 1st Payment to Solicitor & Local Searches requested

06/06 – Draft Contract received from vendors solicitor
06/06 – Valuation by lender
07/06 – Formal Mortgage Offer received from Halifax
26/06 – Search results back (some queries/questions for the vendor that were resolved in the following week but all fairly straightforward stuff)

(Almost all of July was spent waiting for info from the vendors solicitor – it felt like an age!)
05/07 – I signed contract in anticipation of exchange
24/07 – Sent my solicitor deposit monies in view of exchange
26/07 – Exchange contract with completion date for 21st Aug (we tried to exchange on 3 or 4 different days in the week leading up to 26th and it just didn’t happen)

17/08 – Transferred the balance of deposit & solicitor fees to solicitor
20/08 – Mortgage funds arrived with solicitor
20/08 – Email from the vendor (lovely/naive lady) letting me know they were just leaving for the last time and letting me know that the front door keys were in the safe and the code was 1234!!
21/08 – Completed at 11.30am
:j

Trixsie1989

I am so done with solicitors... Our vendors solicitors have replied to all but 1 of our enquiries 😤 so that's another week wasted sorting that out now. Give me strength!

TamsinC

Well after a complaint to the solicitor's manager, we have had progress and are finally exchanged and had lots of communication with our solicitor. Completion mid September, move in beginning of October. Finally.

Editied Time Scale so far . . . updates in bold
House on market - 10/1/18
Offer received and accepted on our house 17/1/18
Offer made and accepted on house 1 20/1/18
Various stuff happened
Exchanged on the house sale 27/2/18
Completion on house sale 2/3/18
Various stuff happened
Pulled out of the purchase of house 1 27/4/18
Offer accepted on house 2 19/5/18
Broker instructed as complicated case 21/5/18
Mortgage DIP received 25/5/18
Solicitors instructed - 26/8/18
mortgage applied for 4/6/18
Mortgage valuation done - 8/6/18
Draft contracts received by our sols and queries raised with sellers solicitors 21/6/18
mortgage approved 21/6/18
Historical Buildings Survey undertaken 26/6/18
Searches back - 2/7/18
Signed mortgage documents - 9/7/18
Survey results - a long wait but reasonable - 11/7/18
Receive fixtures and fittings form etc, signed 29/6/18 - 12/7/18
Questions from solicitors finally responded to by sellers - 24/7/18
We receive response to questions - problems - 2/8/18
Problems solved - 6/8/18
Various issues and LOADS of stress but finally exchanged - 21/8/18

Finally! Completion set for 18th September

harz99

Tamsin, a very big phew!! Now a very large glass of whatever is your favourite tipple and try to relax until Completion Day has been negotiated.

TamsinC

harz99 wrote: »

Tamsin, a very big phew!! Now a very large glass of whatever is your favourite tipple and try to relax until Completion Day has been negotiated.

Thank you - I have cider here - which will do for now. I have no worries over completion day as we aren't moving in immediately so loads of flexibility there, and if it goes wrong then (I very much doubt it will) I have the fantastic thread on here on how to deal with that.

studentguy

studentguy wrote: »

To be honest, I have no idea, because it's further up the chain, all I know is that there's a land registry issue, I don't know the how why and where and if it's part of enquiries or what.

Our enquiries were all completed two weeks ago, I'll try and add them to my timeline in the future.

Still nothing, end of play on Tues... the chain is going to have to get it's act together if we're going to make completion next week...

KazJenn

Tamsin, I'm so pleased that the exchange has finally happened!
Trixsie and studentguy. Fingers crossed your current delays will soon be resolved.

We've slowed down as our vendor changed their mind and decided not to move in with family once we've completed and then buy a house as cash buyers. They did find somewhere they liked but backed out after receiving the survey and worried it'll be too much work. At the moment we're not too bothered but I worry that they won't find a suitable house anytime soon.

jennhg88

Woo hoo well doneTamsinC! You got there! Now throw some lucky exchange dust all over this thread lol