The NEW waiting to exchange thread...

Roo89

TamsinC wrote: »

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.

:beer:
Congrats Tamsin! That's excellent news

jennhg88

Small steps small steps.
If the stupid very late survey on the bottom of the chain property goes without major complications (it should be fine but overly nervous FTB seem unable to do anything to time), this time next week should just be at the point of exchange so will be able to discuss completion dates.
Still not holding my breath though. Also going to lose a day thanks to the sodding bank holiday!

SG27

TamsinC wrote: »

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

Wow great news finally and end to it!!

We have agreed a completion date of mid September also, sent our deposit to our solicitor today so hoping exchange soon.

MarwoodS

Thought it was about time I joined this thread as I've been watching for a while and going slightly mad in the process!

06/04/18- Put property on market
28/06/18- Accepted offer on our property
29/06/18- Mortgage AIP
02/07/18- Offer accepted on new property
04/07/18- Appointed solicitor
06/07/18- Mortgage application made
12/07/18- Filled in all solicitor forms and returned
17/07/18- Buyer survey completed
18/07/18- Mortgage offer received
31/07/18- Draft contracts received with sellers property info form and fixtures and fittings
01/08/18- Some searches have come back including water, 1 query on soakaways
16/08/18- Enquires received from buyers solictior and answered
22/08/18- Survey completed on new property

All looking good so far... fingers crossed!

Marwood

studentguy

studentguy wrote: »

Been following this thread with interest - and also posted on the awaiting mortgage thread too, thought I'd venture over here

FTB
Bank: Clydesdale

Offer put in: 19th May
Chain completed: 16th June
Met with broker: 23rd June
Mortgage applied for: 25-27th June (unsure of exact date as it was with our broker who did it)
Informed of Valuation being booked: 2nd July
First Credit Check: 2nd July
Second Credit Check: 3rd July
Valuation booked for: 12th July (big waiting list with all surveyors in area apparently)
Additional documents requested and asking questions as to why my partner was in and out of jobs a couple of years ago (she was temping): 9th July
Third Credit Check: 15th July
Mortgage Approved: 15th July
Formal mortgage offer received: 20th July
Enquiries Raised: 30th & 31st July
Enquires Responded: 8th August
Completion date agreed: 17th August (for 31st August)
Finished waiting for other peoples enquiries further up the chain & Land Registry clarification: 22nd August

We've been informed that everything is done and we're planning to exchange tomorrow, however one snag - the early completion date that our vendor really wanted and we reluctantly agreed to, the vendor is now saying they can't find any removals to book for that date, so we're going to have to move it till potentially the next week. Have offered our removal slot on the 3rd Sept with a mover because we're happy to move a bit later in the week, we'd rather not move on completion day, no rush as we're FTB.

So close!!

SG27

SG27 wrote: »

Wow great news finally and end to it!!

We have agreed a completion date of mid September also, sent our deposit to our solicitor today so hoping exchange soon.

Our solicitor tried to exchange today, but could get no response from the vendors solicitor. Not suprised at all.

Roo89

27 weeks since our offer was accepted, and 19 weeks of being ready to exchange, and waiting on the chain, it finally appears that vendor 2's solicitor has sent the answer to the outstanding enquiry to our vendor's solicitor.

Vendor 3 and us are sat twiddling thumbs waiting on this and have been for many many weeks. There was discussion that our vendor and vendor 2 wanted to complete before the end of August - which is next week and we haven't even looked at dates to exchange so I'm not hopeful.

It's progress though, if the answer to the enquiry is satisfactory, we can hopefully set some dates and then we can close our H2B ISAs and transfer funds.

We'll be able to add another £200 each to our ISAs on Tuesday, so I'm hoping we can sneak that in before closing them, to bump the bonus up a little bit more. Although I won't begrudge it if we can't manage that, I just want to exchange, and set a completion date so we can book time off work.

SG27

SG27 wrote: »

Our solicitor tried to exchange today, but could get no response from the vendors solicitor. Not suprised at all.

Tried again today. Failed...

TamsinC

SG27 wrote: »

Tried again today. Failed...

Ug - I feel for you - took us four days - maybe you could try to break our record?:rotfl:

SG27

TamsinC wrote: »

Ug - I feel for you - took us four days - maybe you could try to break our record?:rotfl:

:rotfl:

I hope not! Third time lucky tomorrow!